The risk of interference in fuel prices is a factor that has delayed the sale of Petrobras refineries, says Fernando Borges, executive director of Exploration and Production at the company, in an interview with epbr. -- The executive argues that it is necessary to preserve the competitiveness of the oil and gas industry, which includes... Continue Reading →
TotalEnergies Drilling Again in Brazil
(PetroleoHoje) In the coming days, TotalEnergies EP will start a new campaign in Brazil. The works will be carried out in the Lapa field, in the Santos cluster, and in the C-M-541 block, located in ultra-deep waters in the Campos Basin, contemplating well abandonment and exploratory drilling activities. The two campaigns will be carried out... Continue Reading →
TENARIS HAS BEEN CONTRACTED BY PETROBRAS TO PROVIDE TUBULAR SOLUTIONS FOR MERO 3
(PetroNoticias) Tenaris won a new and important contract with Petrobras. The company was chosen to supply a package of tubular products, technologies and services for the third production system in the Mero field, also called Mero 3, in the Santos Basin pre-salt. Tenaris will also provide services through its Rig Direct platform, supporting Petrobras from... Continue Reading →
PTTEP announces sale of Partex Brasil Ltda. and Partex Brasil Operacoes Petrolifera Ltda. to Ubuntu Engenharia
The divestment of Partex Brasil Ltda. and Partex Brasil Operações Petrolíferas Ltda. PTT Exploration and Production Public Company Limited, or PTTEP, wishes to announce that, on 30th July 2021, Participations and Explorations Corporation and Partex (Brazil) Corporation, subsidiaries of PTTEP, entered into a Sale and Purchase Agreement (SPA) to sell Partex Brasil Ltda. and Partex Brasil... Continue Reading →
Porto do Açu licenses 2 GW of offshore wind in Rio de Janeiro
(epbr) The port complex intends to attract partners to develop the four Ventos do Açu parks Porto do Açu, Prumo's port complex in Norte Fluminense, started the environmental licensing of offshore wind farms with 2,160 MW of installed capacity, and intends to attract one or more partners to develop the four wind farms of Ventos... Continue Reading →
Petrobras on E&P assets in the Potiguar Basin
Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on July 9, 2021, informs the beginning of the binding phase regarding the sale, together with Sonangol Hidrocarbonetos Brasil Ltda. (Sonangol), of all stakes of both companies in the onshore exploratory block POT-T-794, belonging to the BT-POT-55A concession, located in the Potiguar Basin, in... Continue Reading →
Talos Leaves Consortium Bidding on Petrobras’ Albacora Offshore Fields
Talos Energy Inc has withdrawn from a consortium with EIG Global Energy Partners, Enauta Participacoes SA and 3R Petroleum Oleo e Gas SA, and the group has submitted a binding offer to Petrobras for the Albacora and Albacora Leste oilfields in Brazil, five sources with knowledge of the matter said on Monday. Another consortium composed... Continue Reading →
Brazil could use oil royalties to fund cooking gas subsidy -minister
(Reuters) - Brazil's government is considering the use of oil industry royalties to finance 7.5 billion reais ($1.4 billion) in cooking gas subsidies for poor families, Mines and Energy Minister Bento Albuquerque told Reuters on Monday. He also said in an interview that next month the government expects to launch a program encouraging voluntary reduction... Continue Reading →
PETROBRAS EXPANDS OIL EXPORTS TO OTHER COUNTRIES
(PetroNoticias) Petrobras pretends to close the 2021 with the same volume of oil exported as last year. However, to achieve the goal, the company had to diversify its customer base. The main buyer, China, reduced its volume of oil purchases from the state-owned company by 33%. Therefore, Petrobras has diversified its exports to refiners located... Continue Reading →
PETROBRAS WILL LAUNCH BID TO CONTRACT A NEW CO2 SEPARATION TECHNOLOGY FOR THE JUPITER FIELD
The director of exploration and production at Petrobras, Fernando Borges, said that Petrobras is close to launching the process of contracting the HISEP module for the Júpiter field, in the Santos Basin . As a reminder, HISEP is a new technology developed and patented by the state-owned company for the separation and reinjection of CO2... Continue Reading →