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After some postponements, Shell receives proposals for the chartering of the production unit of its project in the Santos Basin Modec and the BW Offshore / Saipem consortium submitted a technical proposal for Shell's bid for the chartering of the Gato do Mato FPSO. The delivery of commercial offers will only be delivered on March... Continue Reading →
(Reuters) - Brazil’s state-controlled oil producer Petroleo Brasileiro SA is considering selling its remaining stake in gas station chain BR Distribuidora if its stock recovers to 26 reais a share, three people with knowledge of the information said. For the first time since the COVID-19 pandemic stalled the sale process, Petrobras has agreed on a... Continue Reading →
TMC has won a contract to supply the marine compressed air system to the Bacalhau FPSO that Japan's MODEC is building for Equinor. The deal is one of TMC's biggest ever orders. TMC will supply the FPSO’s complete compressed air system consisting of several large offshore screw compressors, air dryers and filter systems, the company said,... Continue Reading →
Petrobras had its best operating performance in 2020, overcoming considerable challenges arising from the pandemic, contraction in global demand for fuels and low prices. We reached annual production records of 2.28 million barrels per day (MMbpb) of oil and NGL and 2.84 million barrels of oil equivalent per day (MMboed) of total production. Previous production... Continue Reading →
The ANP released today the Monthly Bulletin on Oil and Natural Gas Production, with detailed data on national production for December 2020. This month's publication also includes a special insert with the consolidated data of production in the year 2020. The Bulletin can be accessed on the page https://www.gov.br/anp/pt-br/centrais-de-conteudo/publicacoes/boletins-anp/boletim-mensal-da-producao-de-petroleo-e-gas-natural. That year, production registered records in... Continue Reading →
Petrobras opened today the envelopes with the proposals to build their own P-78 and P-79 FPSOs. The Keppel / Hyundai consortium presented the lowest price in Petrobras' bid for the construction of the P-78, the oil company's own FPSO that will be used in the Búzios project. Three Korean shipyards submitted proposals and participated in... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on December 7, 2020, informs that it has received binding proposals for the sale of its entire stake in a set of seven onshore production concessions, called Urucu Cluster, located in the Solimões Basin, in the state of Amazonas, and it has begun the... Continue Reading →
The Brazilian arm of the Chinese electricity company SPIC officially entered the Porto do Açu thermoelectric park, in São João da Barra (RJ). The company completed the acquisition of 33% of the GNA I and GNA II projects, which add up to 3 GW of generation from LNG. SPIC will contribute its experience in operating... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on October 1, 2020, informs that the bidding process started on August 3, 2020 was ended, with no valid proposals, and that the company published, on today's date, Bid Notice 002, aiming to determine a new deadline for the accreditation of companies that manifest interest... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras informs that the Chief Governance and Compliance Officer, Marcelo Zenkner, has notified his intention to not renew his mandate, which will expire on March 20, 2021, for personal reasons: “I consider the mission of disseminating and generating engagement of the integrity culture at Petrobras duly fulfilled. Many achievements have been... Continue Reading →
Brazil Energy Insight 