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(OE) Norwegian offshore vessel owner Solstad Offshore said Wednesday it had won multiple vessel contracts and extensions, with a duration of the contracts of around 1,000 vessel days in total. Solstad's platform supply vessel Normand Leader has been contracted to support a project offshore Australia. The contract is scheduled to start in Q3 2021 and... Continue Reading →
(Reuters) - Minority shareholders in Brazil's Petrobras have presented three candidates for the company's board of directors in the lead-up to the second extraordinary shareholders' meeting in just a few months, the state-run oil company said on Wednesday. José João Abdalla Filho, Marcelo Gasparino da Silva and Pedro Rodrigues Galvão de Medeiros were put forth... Continue Reading →
Determined to increase its production capacity of Diesel S-10 in the coming years, Petrobras announced new investments in the Duque de Caxias (Reduc) and Henrique Lage (Revap) Refineries. Previously, the company had already announced that it would expand another of its plants, the Paulínia Refinery (Replan). The state-owned company claims that the refining segment will... Continue Reading →
Brazilian drilling contractor Constellation Oil Services has been awarded a three-year contract for a drillship from compatriot oil company Petrobras. Constellation said on Tuesday that the drillship Laguna Star was awarded a contract with Petrobras for a duration of 1,095 days with operations on the Brazilian coast expected to start in January 2022. The rig... Continue Reading →
Petróleo Brasileiro S.A – Petrobras informs that, in accordance with the contracts in effect, it will adjust, as of August 1, 2021, the natural gas sale prices for distributors. The variation results from the application of the supply contract formulas, which link the price to the oil price and the exchange rate. The contract prices... Continue Reading →
Brazilian oil and gas company Enauta has stopped production at two of its three wells in the Atlanta field, located in Block BS-4 offshore Brazil. Enauta said on Monday that production from its Atlanta field offshore Brazil was affected by a failure in the pumping system at two wells. According to the information provided by... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that in the first half of July it will begin the first seismic acquisition with Ocean Bottom Nodes (OBN) technology and new multiphysics surveys (magnetometric and gravimetric) of the 3D Nodes project of Parque das Baleias, also known as the Whale Park, in Campos Basin. The contract signed with... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on June 30, 2021, informs that it signed today with the company Petromais Global Exploração e Produção S.A. (Petro+) the agreement for the sale of the totality of its stake in a set of seven onshore and shallow water concessions denominated Alagoas Cluster, located... Continue Reading →
(PetroleoHoje) Petrobras will extend the term of the charter contract for the Petrobras 10.000 drillship, operated by Transocean. The two companies closed an agreement for another two years. The information was confirmed by sources from PetroleoHoje. According to an investigation, the value of the drilling unit's charter rate was kept unchanged, at around US$300,000/day. The... Continue Reading →
The floating production storage and offloading (FPSO) vessel Carioca MV30 has set sail from the Brasfels shipyard in Angra dos Reis towards Petrobras’ Sépia field in the Santos Basin pre-salt. The vessel will be the largest FPSO-type unit to operate in Brazil, with a daily capacity to process 180,000 barrels of oil (bpd) and 6... Continue Reading →
Brazil Energy Insight 