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(OE) As an industry central to global energy supply, many consumers may believe that the oil and gas sector is relatively resistant to fluctuation. However, amid the myriad pressures felt throughout the global economy over the past year and a half, new challenges are arising for oil and gas operators, some of which require a... Continue Reading →
The Brazilian Environmental Institute (Ibama) granted the operating license to TotalEnergies to drill new wells in block C-M-541, in the Campos Basin. Valid for 5 years, the license authorizes the drilling of two exploratory wells (Marolo and Ubaia) and another three contingency wells by means of the Valaris DS-15 drillship. The license issued by Ibama... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras, following up on the releases disclosed on July 09, 2021 and August 09, 2021, informs that today it signed a contract with Aguila Energia e Participações Ltda (Aguila) for the assignment, together with Sonangol Hidrocarbonetos Brasil Ltda (Sonangol), of the total interest of both companies in the onshore exploratory block... Continue Reading →
Norwegian offshore vessel operator Solstad Offshore ASA announced on Monday it has been awarded a new contract with Petróleo Brasileiro S.A. (Petrobras) for the 80.4-meter anchor handling tug supply vessel (AHTS) BOS Turquesa. The contract is three years firm, with options thereafter, for supporting exploration and production activities in Brazilian continental shelf. The 2007-built anchor... Continue Reading →
The article has been amended on 28 December 2021, correcting the parts identifying Jurong Shipyard as “Brazilian wholly-owned subsidiary” to “wholly-owned subsidiary, Jurong Shipyard.“ (OM) Singapore-based offshore builder Sembcorp Marine has informed that its wholly-owned subsidiary, Jurong Shipyard, is facing arbitration under four separate contracts due to allegations of a breach of contract and payment claims... Continue Reading →
Petróleo Brasileiro SA – Petrobras, in compliance with Article 12 of CVM Resolution No. 44, of 08/23/2021, informs that it was communicated by Goldman Sachs & Co. LLC, a subsidiary of The Goldman Sachs Group, Inc., by Goldman Sachs International, and other subsidiaries of The Goldman Sachs Group, Inc., namely Goldman Sachs do Brasil Banco... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that its Board of Directors, in a meeting held today, approved the dismissal of Nicolás Simone and elected Juliano de Carvalho Dantas as Chief Digital Transformation and Innovation Officer, who will take office on 01/01/2022. Juliano de Carvalho Dantas studied mechanical engineering at UFRN (Federal University of Rio Grande... Continue Reading →
Rio de Janeiro, December 23, 2020 - Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 02/19/2021, informs that it signed today with Carmo Energy S.A. a contract for the sale of all its stakes in a set of 11 concessions of onshore production fields, with integrated facilities, located in the state... Continue Reading →
Ocyan signed a new contract with Petrobras to provide construction and assembly services on platforms P-09, P-26, P-32, P-33 and P-37, all in the Campos Basin. The contract takes effect in early 2022 and is valid for three years, renewable for a further 640 days. Initially, more than 200 vacancies will be opened for different... Continue Reading →
(Reuters) - Global oil demand roared back in 2021 as the world began to recover from the coronavirus pandemic, and overall world consumption potentially could hit a new record in 2022 - despite efforts to bring down fossil fuel consumption to mitigate climate change. Gasoline and diesel use surged this year as consumers resumed travel... Continue Reading →
Brazil Energy Insight 