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The monthly report of the Brazilian Association of Maritime Support Companies (Abeam) highlighted that, at the end of May, the fleet consisted of 376 vessels, 339 of which were under the Brazilian flag and 37 under other flags. The maritime support fleet in Brazilian waters remains stable in the first half of 2021, with 90%... Continue Reading →
With Petrobras stepping on the brakes on investments and selling more assets, foreign oil companies are gaining ground in Brazil. Together, Shell, Repsol Sinopec, Petrogal and TotalEnergies already account for 20% of national oil and gas production. Together, the private sector now accounts for 27% of the total, according to data from the National Agency... Continue Reading →
Norwegian company Miko Marine has shipped out the first magnetic blanking set destined for the Brazilian offshore sector from its fabrication plant in Haugesund, Norway. However, the set is not going to Brazil, but to the DSIC yard in Dalian, China, where it will then be installed aboard a new Floating Production Storage and Offloading... Continue Reading →
(Reuters) - Consortia led by Brazil's 3R Petroleum Oleo e Gas SA (RRRP3.SA) and private equity firm Seacrest Capital have submitted binding offers for a refinery and dozens of oilfields owned by state-run Petrobras, three people familiar with the matter told Reuters. Polo Potiguar is expected to fetch Petroleo Brasileiro SA (PETR4.SA) from several hundred million dollars to over... Continue Reading →
Development of the liquefied natural gas market boosts supply chain in the country's energy sector With the New Gas Law, sanctioned on April 8, liquefied natural gas (LNG) will have a relevant role in the national market. Among the main advantages of the fuel are the competitive prices, in addition to the flexibility of origin.... Continue Reading →
(PetroNoticias) 3R wants to further strengthen its position in Rio Grande do Norte. With this goal in sight, the company announced an agreement to acquire Duna Energia (formerly Central Resources) for US$ 71 million. If the acquisition is approved and carried out, 3R will gain control over the Ponta do Mel and Redonda fields, in... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the releases disclosed on 10/01/2021 and 04/16/2021 informs that on 06/14/2021, a public session was held to open the commercial proposals of the bidders interested in leasing the Bahia LNG Regasification Terminal (TR-BA) and associated facilities, with the company Excelerate Energy Comercializadora de Gás Natural Ltda. (Excelerate)... Continue Reading →
Amid the recent recovery in oil prices on the international market, oil companies are slowly beginning to gain confidence to move forward with new projects. In month of June, when the Brent-type barrel surpassed US$ 70 for the first time in two years, Petrobras, the Norwegian company Equinor and the Australian company Karoon have announced... Continue Reading →
(PetrleoHoje) Maersk Supply Service signs US$ 100 million EPCI contract with Libra's consortium (Petrobras, Shell, Total, CNPD and Cnooc). The company will be responsible for the pre-installation of the mooring system for the FPSO Sepetiba, the production unit at the Mero 2 project, located in the Santos Basin cluster.
Oceanpact (OPCT3) informed on Friday (18) that it has signed two contracts with Petrobras (PETR3; PETR4) for the charter of the Parcel das Timbebas vessel, as well as the provision of ROV services. The contracts, with a total term of three years, have a daily value of USD 47,896 (base date March 26, 2021, considering... Continue Reading →
Brazil Energy Insight 