(Reuters) - Brazil's government is trying to add a 12th block to an auction of oil exploration areas expected later this year, an Energy Ministry official said on Tuesday at the Offshore Technology Conference (OTC) in Houston. The Ametista block is located at the South border of the region known as the pre-salt and has... Continue Reading →
Shell announces first production at FPSO Guanabara offshore Rio de Janeiro
(WO) Shell Brasil Petróleo Ltda., a subsidiary of Shell plc, announced the start of production of the FPSO Guanabara in the Mero field, offshore Santos Basin in Brazil. The FPSO Guanabara, which while under construction was also known as Mero-1, has an installed capacity of 12 million cubic meters of natural gas and 180,000 barrels... Continue Reading →
Açu Petróleo becomes Vast Infraestructura in search to expand range of business
(PN) Açu Petróleo has just announced that it is now called Vast Infraestrutura. For the company, the name change represents an expansion of its business and a new positioning in the infrastructure market. “A brand look ahead and attentive to the future of energy”. The company is no longer exclusively an oil transshipment company to... Continue Reading →
Brazil showcases oil & gas, technology, opportunities for foreign investors during OTC
(WO) ApexBrasil, a Brazilian Trade and Investment Promotion Agency, is partnering with Brazil's Energy Research Office (EPE), The Brazilian Petroleum and Gas Institute (IBP), The Brazilian National Agency of Petroleum, Natural Gas, and Biofuels (ANP), Petrobras, and the Federation of the Industries of Rio De Janeiro State (FIRJAN) to highlight the country's burgeoning leadership in the sector at the... Continue Reading →
Petrobras looks to add up to eight floating rigs next year
Petrobras has just issued a tender to contract up to eight ultra-deepwater rigs for drilling operations offshore Brazil, according to Esgian. The consulting firm reports that the tender is divided into three lots. Lot 1 is for up to two high-spec rigs with drilling capabilities in water depths up to 3,000m (~10,000ft). Lot 2 is... Continue Reading →
3R Petroleum: Election of Board Members and Installation of Fiscal Council
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”) (B3: RRRP3), in accordance with the provisions of CVM Resolution No. 44, informs its shareholders, investors and the market in general that, on the Annual and Extraordinary General Meeting (“Meeting”) held on April 29, 2022, the shareholders approved the election of Mr. Roberto Castello Branco and... Continue Reading →
Galp to consider sale of Angolan upstream operations
(Bloomberg) — Galp Energia SGPS SA is considering a sale of its upstream operations in Angola, as Portugal’s biggest oil company seeks to streamline its hydrocarbon portfolio, according to people familiar with the matter. The company is working with a financial adviser to gauge interest in its assets in the African country, the people said,... Continue Reading →
Petrobras starts production from FPSO Guanabara in the Mero field
Petróleo Brasileiro S.A. – Petrobras informs that, on April 30, 2022, it started producing oil and natural gas through FPSO Guanabara, the first definitive production system installed in the Mero field, in the Santos Basin pre-salt. The platform, an FPSO (floating unit for the production, storage, and transfer of oil and gas) type, is capable... Continue Reading →
Brazil chemical maker Unigel interested in Petrobras’ fertilizer project -CEO
(Reuters) - Brazilian chemical maker Unigel is interested in purchasing a fertilizer project from Brazilian state-run oil company Petrobras (PETR4.SA) in the state of Mato Grosso do Sul, its chief executive told Reuters on Friday. The operation of the unit, whose capacity as designed by Petrobras was 3,600 tonnes per day of urea and 2,200 tonnes per... Continue Reading →
Brazil’s Petrobras increases natural gas prices to distributors by 19%
(Reuters) - Brazil's state-run oil company Petrobras (PETR4.SA) said on Friday it will increase natural prices for distributors in the country by an average 19% starting May 1. According to Petrobras, the adjustment follows the updating of formulas agreed with distributors, based on the variation of gas prices, Brent oil and the exchange rate. The quarterly update... Continue Reading →
