(PetroleoHoje) The contracting of the P-80, FPSO that will make up the 9th unit in Buzios, should only take place in 2022. Less than two months after releasing the bid notice for the acquisition of the new unit in the cluster field under the EPC regime, Petrobras has postponed the delivery date of the proposals... Continue Reading →
Eneva signs concession contracts in the Amazon and Paraná Basins and in the Juruá area in the Solimões Basin
(TNPetroleo) Eneva signs concession contracts for the assets acquired by the Company in the second cycle of the Permanent Offer of the National Agency for Petroleum, Natural Gas and Biofuels (ANP), held on December 4, 2020, which include three onshore exploratory blocks in the Amazon Basin, the Juruá area in the Solimões Basin and 70%... Continue Reading →
TSC Subsea settles in Brazil, plans Latin America expansion
NDT inspections specialist TSC Subsea has opened a new base in Rio de Janeiro as part of its plans to expand across Brazil and further into Latin America. TSC Subsea had so far supported Brazil remotely but decided to open a permanent base in response to increased operations. The company, which has bases in the UK... Continue Reading →
Contractor pipeline to double as FPSO market is booming, Rystad says
Τhe FPSO market is booming this year, with more contracts awarded in the second quarter of 2021 than during the full year 2020. Rystad Energy expects FPSO awards to reach a total of 10 units in 2021, with another 10 following next year, creating a very healthy project line-up for contractors, effectively doubling their pipeline.... Continue Reading →
BW Energy and DBO bid for Petrobras’ Golfinho Cluster
Reuters) Norway's BW Energy and Brazil's DBO Energy have sent bids for Petrobras' offshore oil cluster Golfinho PETR4; PETR3, two knowledgeable sources told Reuters. The oil company has sold dozens of assets in recent years – from oil pipelines to refineries – in order to reduce its debt and focus on oil production in deep... Continue Reading →
Analysis: Brazil’s lower-sulphur fuel oil outsells LatAm peers in Asia
(Reuters) - Brazil is growing its marine fuel oil exports to Asia's lucrative premium hubs, where rules mandating lower sulphur content have been squeezing out most of its Latin American peers, according to sources and data. Fuel oil exports are the second largest source of energy revenue for most Latin American oil producers. The tougher... Continue Reading →
Petrobras makes pre-payment to Petros
Petróleo Brasileiro S.A. – Petrobras, following up on the releases disclosed on 03/10/2020, 05/05/2020, and 08/19/2020, informs that it has made, today, the early payment of the debit balance of the Private Instrument for Installment Payment of Debt and Other Covenants, signed with the Fundação Petrobras de Seguridade Social (Petros), in the amount of R$... Continue Reading →
Petrobras Reaps $2.3 Billion in Latin America’s Top Share Sale
(Bloomberg) -- Brazil’s Petroleo Brasileiro SA is said to have raised about $2.3 billion in the biggest share sale in Latin America so far this year. Petrobras, as the company is known, shed its remaining stake in fuel distributor Petrobras Distribuidora SA in an offer that priced at 26 reais ($5.23) a piece, people familiar... Continue Reading →
Petrobras on the sale of E&P assets in Alagoas
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on October 15, 2020, informs that the Company's Board of Directors, in a meeting held today, approved the sale of its total interest in a set of seven onshore and shallow water concessions called Alagoas Cluster, located in the state of Alagoas, to the... Continue Reading →
Baker Hughes nets major contracts from Petrobras for five offshore fields
Baker Hughes has secured two contracts by Petrobras to provide 322 kilometers of flexible pipes across five fields offshore Brazil. The first contract covers up to 96 kilometers of flexible pipe for the Sapinhoá and Tupi fields, while the second covers up to 226 kilometers of flexible pipe for the Marlim 2 and Itapu fields. Baker Hughes’ flexible... Continue Reading →