Petrobras taps Shearwater for geophysical processing software

Norwegian seismic exploration company Shearwater GeoServices has signed a licensing contract with Brazil’s Petrobras for its Reveal geophysical software. Under the deal, Petrobras’ geophysical processing team will have access to a full range of geophysical processing tools, including time, depth, multicomponent, time-lapse 4D processing and advanced imaging offered by the Reveal software platform. The agreement, characterized by... Continue Reading →

February 8, 2022 0

Yinson to Deliver FPSO for Petrobras’ Parque das Baleias Integrated Project

Malaysian FPSO supplier Yinson has won a contract with Brazil's Petrobras for the delivery of an FPSO for the deployment at the Parque das Baleias Integrated Project, to be installed in the Jubarte Field, located in the north of Campos Basin, offshore Brazil. Petrobras has signed contracts with Yinson's subsidiaries for the chartering and provision... Continue Reading →

February 8, 2022 0

Namibia Aims for First-ever Oil Output by 2026 after Shell Offshore Find

Namibia aims to fast-track the development of its first oilfield to have production by 2026 following a significant offshore discovery by Shell, a senior energy official told Reuters on Monday. Shell on Friday said the exploration well off the coast of the southern African country had shown "encouraging" results with the presence of a working petroleum system with light... Continue Reading →

February 7, 2022 0

BW Offshore / Saipem Consortium in Gato do Mato

(PetróleoHoje) Shell and the BW Offshore / Saipem consortium are close to concluding the contracting of the FPSO of Gato do Mato, a unit that should start operating between 2024 and 2025. Sources involved confirmed to PetróleoHoje that, after months of negotiations, Modec is out of the process and that the award of the contract... Continue Reading →

February 7, 2022 0

Petrobras Refinery Capacity Reaches 88%

Petrobras reached an average of 88% of total load factor of its refineries in the last three months of 2021. In early February, it reached close to 90%. Operational decisions in refining take into account that, for each barrel of oil processed in the refinery, necessarily, several products are generated and subsequently distributed. For example,... Continue Reading →

February 6, 2022 0

Petrobras concludes the sale of E&P assets in Alagoas

Petróleo Brasileiro S.A. – Petrobras, following up on the releases disclosed on 06/30/2021 and 07/05/2021, informs that today it concluded the sale of its entire stake in seven concessions denominated Alagoas Cluster, located in the state of Alagoas, to the company Origem Energia S.A (former Petro+). The operation was concluded with the payment of US$... Continue Reading →

February 4, 2022 0

Petrobras on UFN III sale process

Petróleo Brasileiro SA – Petróleo Brasileiro SA – Petrobras, following up on the release disclosed on 02/21/2020, informs that it has reached an agreement for the draft of the Sale and Purchase Agreement for the sale of 100% of its Nitrogen Fertilizer Unit III (UFN-III), located in the city of Três Lagoas, Mato Grosso do... Continue Reading →

February 4, 2022 0

Constellation Signs New Contract with India’s ONGC

Constellation secured a new charter contract for Olinda Star. The Brazilian group closed a deal with ONGC, guaranteeing 16 months of chartering, after presenting a best price in the bidding conducted by the oil company. The two companies signed a letter of intent at the end of January, but the rig should only start operating... Continue Reading →

February 4, 2022 0

Solstad Offshore Bags $45,8M Worth of Deals for CSV Quartet

Norwegian offshore vessel operator Solstad Offshore has secured several contracts for its construction support vessels. The contracts, for deployment in the North Sea, Brazil and West Africa, will have a combined total length of 640 days, with additional extension options available upon expiration. The total value of the contracts, which will see Solstads CSVs Normand Maximus, Normand... Continue Reading →

February 4, 2022 0

Petrobras expresses interest in areas under Production Sharing agreement

Petróleo Brasileiro S.A. – Petrobras informs that today it expressed to the National Energy Policy Council (CNPE) the interest in the right of first refusal in blocks to be bid in the Permanent Offer System, under the Production Sharing Agreement, pursuant to Law 12,351/2010 and Federal Decree 9,041/2017. The company's Executive Board approved the expression... Continue Reading →

February 4, 2022 0