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Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 08/12/2021, informs that today it received cash payment of US$ 2.9 billion for the obligations of its partners CNODC Brasil Petróleo e Gás Ltda. (CNODC) and CNOOC Petroleum Brasil Ltda. (CNOOC) in the Búzios Coparticipation Agreement (Agreement). With this payment, Petrobras will issue... Continue Reading →
Brazilian oil company Petrobras has contracted awarded contracts for two pipelay support vessels owned by DOF and TechnipFMC. Oslo-listed DOF Subsea said Tuesday that the contracts, for three years each, are for the vessels Skandi Vitória and Skandi Niteroi, secured via JV partner TechnipFMC and via Norskan Offshore, respectively. Both vessels are Brazilian-built and flagged and owned... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that today it began producing oil and natural gas from FPSO Carioca, the first platform in Sépia field, in the Santos Basin pre-salt. The platform, a FPSO type (floating production storage and offloading unit of oil and gas), is located approximately 200 km off the coast of the state... Continue Reading →
(PetroleoHoje) IBAMA released the map showing the location of offshore wind energy generation projects that are in the licensing process. Of the 23 projects, only one belongs to an oil company. It is the Aracatu wind farm, owned by Equinor, which will have a generation capacity of 4 GW. The Aracatu I and Aracatu II... Continue Reading →
(epbr) Perenco plans to start operating an FSO in August 2022. The unit will be anchored 2.5 km away from the PPG-1A platform, at an average depth of 93 m and 72 m away. km from the coast of the municipality of Campos dos Goytacazes. -- A 3 km long pipeline, also foreseen in the... Continue Reading →
(epbr) Trident Energy intends to put into operation in the fourth quarter of 2023 the new platform that will operate in the Enchova and Pampo clusters, in the Campos Basin, acquired by the company in the divestment of Petrobras. The FPSO-type unit will have the capacity to process 55,000 barrels of oil per day. --... Continue Reading →
Maersk Supply Service has secured a one-year contract extension for one of its I-class subsea support vessels with an undisclosed “major” oil operator in Angola. Under the contract, Maersk Supply will provide full inspection, repair and maintenance (IRM) services supported by one of its I-class vessels, as well as project management and engineering services. The... Continue Reading →
(WO) Vitol Group and Trafigura Group -- both barred from new oil-trading business with Mexico’s state producer for alleged corruption -- will be subject to the ban until at least the end of 2024 while the government reviews the conduct of other commodity traders, Energy Minister Rocio Nahle said. Pemex won’t give new work to... Continue Reading →
Petrobras disqualified this week the proposal of the company Yinson form the construction of the Parque das Baleias FPSO, the only one that made bid in the tender. According to the oil company, in a decision published on the Petronect portal, Yinson's offer was “above the estimate”. Even after months of negotiations, the two sides... Continue Reading →
The Petrobras divestment program of oil and gas producing fields has a date set to end: December 31, 2021, as determined by the National Agency for Petroleum, Natural Gas and Biofuels (ANP). In recent years, medium-sized oil companies have gained muscle by acquiring state-owned assets. But, starting in 2022, they will need to look for... Continue Reading →
Brazil Energy Insight 