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 →
Petrobras on divestment of Urucu Cluster
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 →
SPIC COMPLETES ACQUISITION OF PORTO DO AÇU GNA THERMAL POWER PLANTS
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 →
Petrobras on LNG Regasification Terminal leasing
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 →
Petrobras on Chief Governance and Compliance Officer
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 →
Petrobras signs contract for sale of shallow water E&P assets in Espírito Santo
Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on August 5, 2019, informs that it has signed with the companies OP Energia Ltda. and DBO Energia S.A. a contract for the sale of the totality of its participations in the production fields of Peroá and Cangoá, and in the concession BM-ES-21 (Malombe... Continue Reading →
PGS delivers 3D seismic for Brazil’s 17th bidding round
Seismic contractor PGS has completed GeoStreamer acquisition on 17th Round Blocks in Campos Basin offshore Brazil. Ramform Titan has surveyed additional open acreage to complete PGS coverage of the emerging plays of the outboard Campos Basin. This survey provides the first 3D seismic for Brazil’s 17th round, scheduled for October 2021. According to PGS, fast-track anisotropic... Continue Reading →
Top corruption buster at Brazil’s Petrobras plans to step down, sources say
(Reuters) - The chief compliance officer at Brazil’s state-run oil company Petrobras has communicated plans to step down in March, four people familiar with the matter told Reuters, in what would be the third swap of the company’s top corruption buster in three years. Petroleo Brasileiro SA, as the company is formally known, has already... Continue Reading →
Brazil oil production breaks record in 2020
Brazil produced, on average, 2.938 million barrels / day last year, up 5.5% compared to 2019, according to ANP Brazilian oil production broke a record in 2020. In a year marked by an unprecedented contraction in global demand, the country produced, on average, 2.938 million barrels a day last year, representing an increase of 5.5%... Continue Reading →
Petrobras expects to conclude Buzios negotiations with Chinese partners in 2021, says CEO
(Reuters) Petrobras expects to conclude negotiations with Chinese partners this year for the development of excess volumes from the Búzios field, in the Santos Basin pre-salt, and could buy part of the partners if "by chance" they want to sell, he said on Thursday. the president Roberto Castello Branco. The block with excess volumes of... Continue Reading →