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Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on July 21, 2021, informs that, as scheduled, it concluded today the settlement of the Term of Commitment entered into with Fundação Petrobras de Seguridade Social (Petros) relating to the migration process of the Renegotiated and Non-Renegotiated Petrobras System’s Petros plans (PPSP-R and PPSP-NR)... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras announces that it has approved new contract models for the sale of gasoline A and road and marine diesel to fuel distributors, aiming to simplify some processes, increase competitiveness, and bring flexibility to Petrobras in the adoption of new commercial strategies. In the current market scenario, characterized by the entry... Continue Reading →
The National Agency for Petroleum, Natural Gas and Biofuels (“ANP”) published, on 07/27/20121, the edict for the 17th Bidding Round for Exploratory Blocks. 92 (ninety-two) blocks will be offered, distributed in 4 (four) sedimentary basins, located in the Campos, Pelotas, Potiguar and Santos basins, with areas of high potential and new exploratory frontiers. Among the... Continue Reading →
Remotely operated vehicles specialist ROVOP has appointed Daniel Wheeler as its new President for the Americas, to lead the company in Houston as it prepares for its next phase of growth in the region both in oil and gas and in the emerging offshore wind sector there. "The growth comes on the back of a... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has started the opportunity disclosure stage (teaser), referring to the sale of the totality of its stake in the Uruguá and Tambaú fields, belonging to the BS-500 concession, located in the Santos Basin, in the state of Rio de Janeiro. The teaser, which includes key information about... Continue Reading →
(Reuters) - Brazil prepared on Monday for Independence Day demonstrations by supporters of far-right President Jair Bolsonaro, who has called for a show of support for his attacks on the country's Supreme Court that are rattling Latin America's largest democracy. Security was reinforced in the capital Brasilia and police started blocking access to the central... Continue Reading →
(PetroleoHoje) Azevedo & Travassos announced, on Friday (3/9), that it has taken another important step to acquire Heftos, a subsidiary of its competitor UTC, and all its assets in Macaé (RJ). The group contributed R$ 40 million through a court payment in favor of the Court of the 2nd Bankruptcy and Judicial Reorganization Court of... Continue Reading →
DOF Subsea has concluded the sale of the 2001-built construction support vessel (CSV) Skandi Neptune to an international buyer. The company will deliver Skandi Neptune to the buyer in Q3 2022 after the vessel completes its current commitments. DOF Subsea did not reveal further details about the price and the new owner. As reported in July, Skandi Neptune was mobilised for... Continue Reading →
Brazilian oil firm Enauta is again experiencing problems with the pump system at its Atlanta field offshore Brazil, with output from one well now interrupted. Enauta said that the output interruption occurred on Sunday, September 5. "At this moment, two wells are operational in the field, with a daily average production of nearly 14,000 barrels... Continue Reading →
The oil and gas industry in Brazil saw an expressive 700% growth in the number of mergers and acquisitions in the first half of the year compared to the same period in 2020. According to a survey carried out by KPMG, the sector had 16 operations in January and June 2021. Last year, at the... Continue Reading →
Brazil Energy Insight 