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Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 08/25/2021, concerning the sale process of Refinaria Isaac Sabbá (REMAN) to Ream Participações S.A., informs that the General Superintendence of the Administrative Council for Economic Defense (CADE) published on 03/08/2022 a dispatch declaring the Act of Concentration to be complex and ordering the... Continue Reading →
Vallourec was contracted by OneSubsea to supply pipes and connections for the subsea system in the Bacalhau field, in the pre-salt layer of the Santos Basin. The area is at a water depth of 2,050 meters and is operated by Equinor. The products that will be delivered by Vallourec under this contract will be produced... Continue Reading →
(Reuters) - A second day of interministerial meetings in Brazil to discuss proposed fuel subsidies ended without a decision on Wednesday, four government sources said, as focus shifts to a Senate vote changing the calculation of state taxes for fuels. Earlier in the day, President Jair Bolsonaro met with his chief of staff, the energy... Continue Reading →
(Portos e Navios) PetroRio, an independent oil and gas company, recorded a production record in February, with 35,671 barrels/day. It is the highest average monthly amount for the company. The highlight was the Polvo – Tubarão Martelo cluster, which had a production increase of over a thousand barrels/day. The better operational performance of the FPSO... Continue Reading →
(PetroleoHoje) Açu Petróleo signed with Petrobras and Transpetro the first infrastructure sharing agreement for crude oil. Focused on the Osduc network (Cabiúnas-Reduc), the operation will enable the connection of the future line that will interconnect the Oil Terminal, in Porto do Açu, in São João da Barra (RJ), to the Cabiúnas Terminal, located in Macaé... Continue Reading →
AET, a Singapore-based petroleum logistics unit of Malaysian energy logistics group MISC Berhad, has taken delivery of the second of three Suezmax second-generation dynamic positioning (DP2) shuttle tankers, which are purpose-built for a long-term charter with Shell for operations in Brazil. Following the announcement from 24 February 2022, when AET confirmed the naming of the first... Continue Reading →
The General Superintendence of the Administrative Council for Economic Defense (CADE) approved the sale of control of Gaspetro, currently with Petrobras, to Compass (Cosan group). “In summary, it is understood that the post-operation scenario is better for the competitive environment than the pre-operation scenario, given that –even if it transfers Gaspetro to a single economic... Continue Reading →
Norwegian shipping company Siem Offshore and offshore energy services provider Helix Energy Solutions Group have entered into an agreement for the well intervention vessels Siem Helix 1 and Siem Helix 2. With the new agreement, the total contract backlog for Siem Offshore is now $440 million. The agreement will replace the existing contracts and the... Continue Reading →
(Reuters) - A Brazilian Senate committee requested on Tuesday that Petrobras executives explain to it the state-run oil company's dividend policy, while top ministers met to determine the future of the company's fuel pricing policy. Petroleo Brasileiro SA, as the company is formally known, has been facing intense pressure to abandon its current method of... Continue Reading →
Scana's subsidiary Seasystems, previously known as Scana Offshore, has received a letter of intent to deliver an anchoring system for a Brazil-bound FPSO. The delivery consists of anchoring equipment such as chain stops, jacks, and winches. Scana said that the FPSO for the project would be rebuilt in Asia, with the integration of the mooring... Continue Reading →
