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Brazilian oil company Enauta said Thursday it has signed a Memorandum of Understanding (MoU) with Malaysia's FPSO specialist Yinson for direct and exclusive negotiation of FPSO supply contracts for the "Definitive System" of the Atlanta field in the Santos Basin, offshore Brazil. Enauta has been producing oil from the field using the FPSO Petrojarl I... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that the interested parties in the sale process of the Abreu e Lima Refinery (RNEST) formally declined to submit a binding proposal for the purchase of the refinery. Therefore, the Company is carrying out the internal procedures to end the sale process underway and will evaluate its next steps.... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it signed today with the company Ream Participações S.A., a corporate company owned by the partners of Atem's Distribuidora de Petróleo S.A. (Atem), a contract to sell the shares of the company that will own the Isaac Sabbá Refinery (REMAN) and its associated logistics assets, in the state... Continue Reading →
Wilson Sons, the largest operator of port and maritime logistics in the Brazilian market, has been developing a series of actions to reduce the environmental impact of its operations over the past decade, contributing to the global effort for climate balance. The most recent is the incorporation of the IMO TIER III standard, which reduces... Continue Reading →
Brazil plans to expand the country's Open Acreage program to include exploration and production blocks within the pre-salt polygon that require production-sharing contracts in a move that could unlock the development of smaller oil and natural gas deposits said the director of exploration at the Ministry of Mines and Energy and Production, Rafael Bastos. The... Continue Reading →
The ANP's Special Bidding Commission (CEL) approved the registration of the Australian oil company Karoon in the 17th round, scheduled to take place on 7 October. The company is the seventh approved by the agency to participate in the auction, which will offer areas in the Campos, Santos, Pelotas and Potiguar basins. -- Last week,... Continue Reading →
(Reuters) - U.S. private equity firm EIG Global Energy Partners submitted a binding offer worth several hundred million dollars on Monday for Petrobras' TBG and TSB natural gas pipelines in Brazil, a source with direct knowledge of the matter told Reuters. Petroleo Brasileiro SA (PETR4.SA), as Brazil's state-run oil company is formally known, put its stakes... Continue Reading →
Strohm has entered into a joint industry programme (JIP) with Petrobras and Shell for its thermoplastic composite pipe (TCP) flowline and riser technology. Described as game-changing, the four-year project aims to deploy Strohm’s TCP flowline and riser technology offshore Brazil by 2024. The JIP builds on earlier work performed in Brazil and commences this month. Strohm will develop, qualify and... Continue Reading →
(OE) Brazilian oil firm Enauta said Wednesday that its Atlanta field in the Santos Basin, offshore Brazil, had resumed full production following a recent pumping system failure. Enauta said Wednesday that all the wells tied to the early production system - the Petrojarl I FPSO - are operational following the completion of repairs of oil heaters.... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the material fact released on August 4, 2021, informs that it is making today the payment of the 1st installment of the remuneration anticipation to shareholders related to fiscal year 2021. The gross amount distributed, in the amount of R$ 21,000,003,096.30, corresponds to a gross amount of... Continue Reading →
Brazil Energy Insight 