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Brazil’s offshore vessel operator CBO has closed the acquisition of compatriot player Finarge Apoio Maritimo, taking over five AHTS vessels in the transaction. Finarge is a Brazilian shipping company founded in 2008 as a subsidiary of the Italian company Finarge SRL, which was established in 1981 by the Italian company Rimorchiatori Riuniti S.p.A. Finarge is... Continue Reading →
Petrobras, the Government of the State of Rio de Janeiro, the city of Itaboraí and the Federation of Industries of Rio de Janeiro (Firjan) signed a protocol of intentions for the industrial development of the surrounding region of Polo GasLub, in Itaboraí (ex Comperj) The purpose of the protocol is to create conditions for the... Continue Reading →
Petro Rio S.A. (“Company” or “PetroRio”) (B3: PRIO3), following best practices in corporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of August. Obs.: (1) Frade figures account for a 70% interest in the Frade Field until February 4 and 100% interest as of February 5, when the Company announced... Continue Reading →
New Fortress Energy Inc. (NASDAQ: NFE) (“NFE”) announced today that it has executed definitive commercial terms with a subsidiary of Norsk Hydro ASA (“Hydro”) to supply natural gas to the Alunorte Alumina Refinery in Pará, Brazil for a term of 15 years. “We are excited to partner with Hydro to transition the Alunorte refinery to... Continue Reading →
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 →
Brazil Energy Insight 