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Brazil’s Petrobras has awarded TechnipFMC with a subsea engineering, procurement, construction and installation (EPCI) contract for its Búzios 6 field (module 7) greenfield development in the Santos Basin pre-salt area. The scope of the contract includes flexible and rigid pipe, umbilicals, pipeline end terminals, rigid jumpers, umbilical termination assemblies and a mooring system. According to... Continue Reading →
(OE) Brazilian oil company Enauta has agreed to buy FPSO OSX-2 for the Definitive System (DS) of the Atlanta oil field in the Santos Basin, offshore Brazil. The completion of the acquisition is contingent on compliance with the agreed contractual conditions and is expected to occur in the first quarter of 2022. "The acquisition of... Continue Reading →
Petro Rio SA (the “Company” or “PetroRio”) (B3: PRIO3), following the best corporate governance practices, hereby presents to its shareholders and the market in general, clarifications on news published in the press, last Friday, January 21, 2022, regarding the monocratic decision handed down by the Hon. Judge Dr. Luciano Saboia Rinaldi de Carvalho, of the... Continue Reading →
(PN) Prumo Logistica, a company controlled by EIG Global Energy Partners, responsible for the development of Porto do Açu, acquired the 20% stake held by the German company Oiltanking and will now control 100% of Açu Petroleo. Formed in 2016, Açu Petroleo is the owner of the only private terminal in Brazil for transshipment of... Continue Reading →
(epbr) The exploratory success in Guyana, where the activity is more advanced, indicates that there is potential for the discovery of large reserves in the formations shared with Suriname, and in Foz do Amazonas, Equatorial Margin of Brazil, where Petrobras intends to start the drilling campaign. this year. The blocks, contracted in 2013, are located... Continue Reading →
There are no official comments from the Suriname authorities regarding Bolsonaro's comments. Brazil's President Jair Bolsonaro said on Thursday that Suriname will give Brazilian state-controlled oil company Petrobras priority in the exploration of oil and gas reserves recently discovered off-shore. Bolsonaro spoke by webcast to supporters in Brazil from Paramaribo, where he met on Thursday... Continue Reading →
In 2021, offshore accommodation provider Prosafe saw its vessel utilisation more than double when compared to the previous year and reach the highest rate since 2015. In an update on Friday, Prosafe reported that its fleet utilisation rate in 4Q of 2021 was 59.3 per cent compared to 25 per cent in 4Q 2020. The... Continue Reading →
Fugro has secured a subsea survey and positioning contract with Maersk Supply Service to support the installation of an anchoring system for the floating production storage and offloading (FPSO) vessel Sepetiba at Petrobras’ deepwater Mero 2 project in Brazil. For the project, Fugro will use its QuickVision augmented reality camera to help guide the installation... Continue Reading →
(Reuters) - The heads of state of Brazil, Guyana and Suriname this week will take the first steps toward forging an infrastructure that would better share the neighboring South American countries' energy and natural resources. Brazil's President Jair Bolsonaro is expected to arrive in Suriname on Thursday, and will travel on Friday with the head... Continue Reading →
Brazilian oil and gas company Enauta has completed the repair of a production line on the Petrorajrl I FPSO, which is operating on the Atlanta field offshore Brazil, but the production from the field is still shut down due to a Covid-19 outbreak. The Enauta-operated Atlanta field is located in the Santos Basin. The field producing through... Continue Reading →
Brazil Energy Insight 