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Petro Rio S.A. (“Company” or “PetroRio”) (B3: PRIO3) informs its shareholders and the market in general that it has signed with Ocyan Drilling S.A. a contract to hire the NORBE VI drilling rig for the Frade Field Revitalization Campaign and the Wahoo Field development. The contract will begin in March 2022 and will enable the... Continue Reading →
Germany-based "cleantech" provider FUELSAVE has signed a contract with offshore drilling company Seadrill to deploy its advanced combustion conditioning technology on Seadrill's drillship. The technology promises to reduce primary fuel oil consumption and cut Co2 and GHG emissions from the rig. Seadrill’s 6th generation West Saturn drillship will be fitted with FUELSAVE’s solution FS MARINE+,... Continue Reading →
(PetroleoHoje) After extending the charter period for the Petrobras 10.000 drillship, Petrobras extended the contract for the drillship Etesco Takatsugu J with Etesco for another three years. The deadline, which would expire in April 2022, was extended until April 2025. The rig's daily rate during this extension period will be reduced to around US$ 230,000.... Continue Reading →
(Reuters) Petrobras' Albacora oilfields in Brazil are likely to attract at least three buyers despite a roughly one-month delay to let interested parties finalize their bids, four sources with knowledge of the matter told Reuters. Petroleo Brasileiro SA, as Petrobras is formally known, has been selling off dozens of assets ranging from refineries to pipelines in a... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, regarding the pieces of news published in the media concerning the divestiture of Petrobras Gás S.A. (Gaspetro), clarifies that the information that the company Sobek Energia is in the dispute for the asset is untrue. Gaspetro's divestment project is under the binding phase, as disclosed to the market on 07/10/2020,... Continue Reading →
(OM) Karoon Energy has received notification that Brazil’s ANP has approved its integrated development plan for the Neon and Goiá fields (formerly Echidna and Kangaroo) in the Santos basin offshore Brazil. The plan had been submitted in December 2019, although Karoon is now performing additional engineering studies for Neon in order to optimize the development plan. This... Continue Reading →
(TNPetroleo) The rig is the second to renew its contract this year. The entire company fleet continues with active contracts. Norbe IX, one of Ocyan's five deepwater drilling rigs, was rehired by Petrobras for a period of 1095 days. The new charter and services contract is scheduled for the first quarter of 2022, a few... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it signed with Pré-sal Petróleo S.A. (PPSA) the Itapu Coparticipation Agreement, which will regulate the coexistence of the Transfer of Rights Contract (ToR) and the Production Sharing Contract (PSC) for the Suplus of the Transfer of Rights for the Itapu field, in the Santos Basin pre-salt area. The... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the releases disclosed on 04/17/2020 and 11/24/2020, informs that it has signed with the company 3R Petroleum Offshore S.A. (3R Offshore) a contract for the sale of the totality of its participation in the Papa-Terra production field, located in the Campos Basin. The amount of the sale... Continue Reading →
(Reuters) - For the first time, a majority of Brazilians support impeaching President Jair Bolsonaro, according to a poll released on Saturday, as serious graft allegations related to vaccine procurement hit the right-wing leader's already battered image. According to the survey by Datafolha, 54% of Brazilians support a proposed move by the country's lower house... Continue Reading →
Brazil Energy Insight 