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Petróleo Brasileiro S.A. - Petrobras informs that today it has called the Annual General Meeting (AGM) and the Extraordinary General Meeting (EGM), to be held on April 14, 2021, exclusively in digital form. The AGM will resolve on: (i) Management’s Report and the Company’s Financial Statements, with the report from the independent auditors and the... Continue Reading →
The ANP board approved the disclosure of onshore seismic data to anyone who is interested. More than 2 terabytes of seismic data will be available free of charge as of May this year, the data will be made available through physical deliveries to interested parties, on media with data storage capacity equivalent to the order.... Continue Reading →
Ocyan won a new contract from Petrobras for maintenance activities and offshore services on the Merluza and Mexilhão platforms, in the Santos Basin. The contract will be for the next three years and can be renewed for another 24 months. Initially, 220 workers will be mobilized for the project and the forecast is to reach... Continue Reading →
The encouraging projections for the Brazilian subsea market in 2021 are starting to materialize. Petrobras launched a tender for contracting the production collection system and anchoring services of the FPSO Almirante Tamandaré, the sixth production unit in the Buzios field, earlier this week. The bidding will last until June 7, when the state company will... Continue Reading →
The Covid-19 pandemic not only devastated oil demand in 2020 but also forced the global oil and gas industry to severely downsize its staffing levels. However, not all producing countries were affected in the same way, according to Norwegian energy intelligence firm Rystad Energy. A Rystad Energy analysis shows that the world’s top oil and gas employer,... Continue Reading →
Petrobras' exploratory campaign in the Campos Basin has new developments. This time, the state-owned company started drilling another well (1-BRSA-1378-RJS) in the region, inside block C-M-709, in a water depth of 2,840 meters. The information was made available by the National Petroleum Agency (ANP). Block C-M-709 is operated by Petrobras (40%), in partnership with ExxonMobil... Continue Reading →
Rio de Janeiro, March 10, 2021 - Petróleo Brasileiro S.A. - Petrobras informs that received official letter from the Ministry of Mines and Energy with two nominations for the Board of Directors in the next Extraordinary General Meeting, selected as provided in art. 18, § 7, of Petrobras’ Bylaws: Cynthia Santana Silveira Ana Silvia Corso Matte... Continue Reading →
Dutch FPSO giant SBM Offshore has ordered the fourth Fast4Ward FPSO hull from the Chinese Shanghai Waigaoqiao Shipbuilding (SWS) shipyard. SWS said that his type of FPSO hull also adopts SBM’s ‘universal’ hull design concept and has an oil storage capacity of 2.3 million barrels of crude oil. It also meets the marine environmental conditions... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras, following up on the press release disclosed on March 3, 2021, informs that it has received a letter from Fundo de Investimento em Ações Dinâmica Energia and Banclass Fundo de Investimento em Ações, managed by Banco Clássico S.A., indicating Leonardo Pietro Antonelli for election to the company's Board of Directors,... Continue Reading →
(Reuters) - A Brazilian Supreme Court judge on Monday annulled the criminal convictions against former leftist President Luiz Inacio Lula da Silva, a move that could allow the popular politician to run in next year’s presidential election. The decision roiled financial markets and scrambled forecasts for the 2022 race, with many investors betting it would... Continue Reading →
Brazil Energy Insight 