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(Reuters) - Rafael Grisolia, a former CFO at Brazilian state-run oil company Petrobras and former CEO of fuel distributor Vibra Energia (VBBR3.SA), has been appointed the chief financial officer of Brazil's Seacrest Petroleo, the company said in a statement on Thursday. Seacrest Petroleo, the Brazilian unit of global oil and gas-focused private equity firm Seacrest Capital,... Continue Reading →
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”), following best practices in corporate governance and transparency, informs its investors and the market in general the preliminary unaudited production data for March 2022 in the assets that the Company holds participation. (1) Refers to 3R's stake in all Polo Macau concessions. On December 21, 2021,... Continue Reading →
(PN) Oil States Brasil announced the signing of a new and important contract with Petrobras. The new agreement covers the provision of maintenance services on hydro-pneumatic pumps, instrumentation valves, regulating valves, directional valves, selector valves, high pressure valves and hydraulic filters with service and spare parts. The contract will last for three years. “Among the... Continue Reading →
Offshore accommodation rig provider Prosafe has won a bidding process for a four-year contract with Petrobras for the supply of a semi-submersible vessel for safety and maintenance support offshore Brazil. Prosafe, which plans to deploy the Safe Notos semi-submersible floated for the contract, said that a potential contract award and timing of the contract award... Continue Reading →
(Reuters) - Record volumes of fuel oil from Latin America landed in the United States in March, customs data showed, as refiners snapped up alternatives to Russian feedstocks ahead of Washington's April 22 deadline to end U.S. imports of Russian oil. U.S. Gulf Coast refiners that use fuel oil to supplement heavy crude went hunting... Continue Reading →
ANP data show that oil production is taking place in 124 producing fields ceded by Petrobras to other companies, as of 2019, as part of the divestment process carried out by the company. In the period between 2012 and 2020. Before the divestments, production from these fields fell by approximately 60%, reaching 57,700 barrels of... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on 04/04/2022, informs that it received a letter from the Ministry of Mines and Energy on today's date, at 7:18 p.m., in reference to the Petrobras Annual General Meeting to be held on April 13, 2022, with two replacements in the nominations for election... Continue Reading →
Offshore drilling contractor Valaris has secured new contracts and extensions, with an associated contract backlog of $181 million. A notable update from the rig owner relates to a drillship contract in the Gulf of Mexico, which has now been novated from TotalEnergies to Equinor. Valaris informed on Wednesday that it has secured two-year contract extensions... Continue Reading →
(Reuters) - Brazil's government on Wednesdaytapped Jose Mauro Coelho, a high-ranking technocrat with expertise in the nation's oil and gas sector,as the next chief executive of state-run oil company Petrobras. The appointment comes amid a hectic several days for Petroleo Brasileiro SA (PETR4.SA), as the firm is formally known, as well as for the government, which... Continue Reading →
(Bloomberg) -- A messy leadership battle at Petrobras, Latin America’s biggest oil producer, is setting the stage for Brazil’s contentious presidential campaign and highlighting the complex tensions between the company’s pursuit of profits and its role as a tool of populist policy. Since the weekend, President Jair Bolsonaro’s choices for chief executive officer and chairman... Continue Reading →
