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Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 12/23/2020, informs the beginning of the binding phase, referring to the sale of all of its stakes in a set of 28 onshore production field concessions, located in the Recôncavo and Tucano Basins, in the state of Bahia, jointly called the Bahia Terra... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras clarifies that it inquired its controlling shareholder, through the Ministry of Mines and Energy (MME), to which the company is linked under Law 9. 478/1997, about the existence of information that should be disclosed to the market, under the terms of CVM Instruction 358/2002, in view of pieces of news... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras announces that it has approved, together with its partners Equinor and Repsol Sinopec Brasil, the development concept for block BM-C-33, operated by Equinor, located in the pre-salt layer of the Campos Basin, in the state of Rio de Janeiro. The block is about 200 km offshore and has water... Continue Reading →
3R Petroleum Oil and Gas recorded a loss of R$ 147.5 million in the fourth quarter of last year. With the result, the company recorded a total net loss of R$ 172.3 million in 2020. With regard to net revenue, the company recorded R$ 85.2 million in the fourth quarter, with a value of R$... Continue Reading →
DDW Offshore, an Akastor subsidiary, has entered into bareboat charter agreements with OceanPact Servicos Maritimos for two vessels for a period of 26 months. In addition, OceanPact will buy the vessels once the charters end. OceanPact is a Brazilian subsea and logistic company. The vessels in question are Skandi Saigon and Skandi Pacific. They are both anchor handling... Continue Reading →
Norway-based TMC Compressors has been awarded a contract to deliver a large marine compressed air system for the Brazil-bound FPSO Anita Garibaldi. The FPSO - to be delivered by Japan's MODEC in 2022- will be deployed at Petrobras' Marlim field in the Campos Basin. TMC will deliver a large marine compressed air system to FPSO... Continue Reading →
This initiative seeks to promote innovation and development in the Brazilian port and maritime sector Wilson Sons, the largest integrated port and maritime logistics operator in Brazil, acquired a minority equity participation at Docktech, an Israeli startup. The deal also contemplates a commercial exclusivity agreement to install Docktech's technology throughout Brazilian ports. This new investment is... Continue Reading →
In February 2021, Brazilian oil and natural gas production in the Pre-salt was approximately 2.6 million barrels of oil equivalent per day (boe / d). This volume represented 73.14% of the total in the country, the highest percentage of Pre-salt participation in national production ever recorded. Total Brazilian production was 3.55 million boe / d.... Continue Reading →
Cade approved the acquisition, by PetroReconcavo, of the 12 onshore concessions that form the Remanso Cluster. The transaction is still subject to the approval of the ANP and the transfer, by Petrobras, of the environmental licenses granted by the Institute of the Environment and Water Resources (Inema) Source: PetroleoHoje
(Reuters) - Brazil’s lower house approved a new regulatory framework for the natural gas sector in the early hours of Wednesday, a move the government hopes will increase competition in the industry. The bill, which garnered support from industrial consumers, will now be signed into law by President Jair Bolsonaro. “In this difficult moment, this... Continue Reading →
Brazil Energy Insight 