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(TNPetroleo) Petrobras signed two contracts for the supply of flexible lines that will be used in the project to revitalize production in the Marlim and Voador fields, located in the Campos Basin. Of the total 448 km of flexible lines in the project, 280 km were contracted with the company NOV and 168 km with... Continue Reading →
(TNPetroleo) The Ministry of Mines and Energy (MME) published the minutes of the pre-bid and contract for the auction of the Atapu and Sépia pre-salt fields, scheduled to take place in December this year. This, which will be the biggest oil and natural gas event this year, should attract investments of R$ 200 billion by... Continue Reading →
Seadrill and China Union took the lead in Petrobras' bid to charter new rigs aimed at depth of 2,400 m of water. The Norwegian drilling company had the lowest price on lot A, which required a unit equipped with MPD, while the Chinese had the best offer on lot B, intended for a simple rig.... Continue Reading →
(PetroNoticias) With results below initial expectations, Petrobras turned to the National Petroleum Agency (ANP) to ask for more time for exploration and evaluation activities in the Sagitario area (Block S-M-623), in the Santos Basin. The regulatory agency accepted the request and extended the exploration period in the region to March 5, 2024. With more time... Continue Reading →
Will Be the Most Fuel-efficient Gas Turbine Power Plant in South America (BUSINESS WIRE)--Mitsubishi Power Americas, Inc. has shipped an M501JAC gas turbine to Marlim Azul Energia’s power plant in Macaé, Rio de Janeiro, which will become the most fuel-efficient power plant in South America when it begins operation in January 2023. The plant was the winning... Continue Reading →
Brazilian offshore IRM operator, SISTAC, has expanded its fleet of underwater robotic vehicles with another Saab Seaeye Falcon. The vehicle’s first task is on-line fibre optic video surveillance of the pull in – pull out pipeline connection process by the Falcon’s HD camera. Additionally, an upgrade is being made to another of the Falcons in SISTAC’s fleet... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, in continuity with the material facts dated as 8/26/2020 and 6/11/2021, informs its shareholders and the general public that, it filed the registration statement with the Brazilian Securities Commission (CVM) on the date hereof of the secondary public offering of common shares issued by the Petrobras Distribuidora S.A. (BR) and... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 05/28/2021, informs that its wholly-owned subsidiary Petrobras Bolivia S.A. (PEB) was notified today of a decision by the Agro-environmental Court of the city of Sucre that annulled a first instance sentence that required PEB to pay US$ 61 million, plus interest and costs,... Continue Reading →
Petro Rio S.A. ("Company" or "PetroRio") (B3: PRIO3), in accordance with art. 26 of the Novo Mercado Regulation, and in addition to the Material Fact of November 19, 2020, informs its shareholders that the country’s National Petroleum, Gas and Biofuels Agency (“ANP”) has approved the purchase of 35.7% in the BM-C-30 Block (“Wahoo” or “Wahoo... Continue Reading →
(Reuters) - Brazil’s central bank delivered its third consecutive interest rate increase of 75 basis points on Wednesday and raised the specter of larger hikes ahead as it returns to “neutral” rates, dropping plans for a “partial” normalization of policy. With economic growth much stronger than many had expected and inflation forecast above the central... Continue Reading →
Brazil Energy Insight 