Sept 3, 2020 The Minister of Mines and Energy, Bento Albuquerque, said on Wednesday (2) that Brazil will be able to dispose of the total production planned for pre-salt gas for the next six years, with the forecast for the start-up of the Route 3 at the beginning of 2021. The Petrobras project is the... Continue Reading →
PETROBRAS INITIATES BIDDING TO CONTRACT SUPPORT FOR THE MANAGEMENT OF THE BUZIOS 5 PROJECT
Sept 3, 2020 Today Petrobras starts receiving proposals from companies interested in providing support with contract management and inspection services for the Buzios 5 Project. What is being put on the table is a kind of "mother contract" or "backbone", as they say in the market, encompassing all the administrative and technical support of the... Continue Reading →
Shell analyzes offshore wind in Brazil
Shell is already considering the possibility of developing offshore wind farm projects in Brazil, said the company's president in the country, André Araújo, during a webinar held by the British Chamber of Commerce and Industry in Brazil (Britcham) on September 1st. The executive explained that the company may apply technologies that are being studied abroad... Continue Reading →
Accumulated production in the Lula field exceeds 2 billion barrels of oil equivalent since Dec 2010
Sept 2, 2020 Note: The name of Lula field will be changed due to a court decision. In July, the Lula field, in the Santos Basin pre-salt, was the largest producer of oil and natural gas, registering 988 Mbbl / d of oil and 43.2 MMm3 / d of natural gas, totaling accumulated production (... Continue Reading →
3R registered for an IPO with the CVM
3R Petroleum registered with the CVM the IPO request for shares on the Brazilian stock exchange. The objective is to raise funds for new acquisitions of oil fields in Brazil and to sustain investments in the revitalization of assets. Starboard, with a stake in the private equity fund Apollo, holds 52.3% of the capital of... Continue Reading →
Bristow renames former Era division in Brazil
Offshore helicopter operator Bristow Group will rename its Aeróleo division in Brazil to Bristow and remain focused on its support of the oil and gas industry and other vertical lift solutions. Aeróleo was an Era Group company and Bristow merged with Era, creating a new helicopter giant, back in June 2020. Continue reading
Brazil’s Petrobras plans for office staff to work from home up to three days a week
Petroleo Brasileiro SA has decided that when its office staff returns, they will be able to permanently work from home up to three days a week and in the office two days a week, the company said in a note on Monday. Petrobras, as the state-controlled oil producer is known, said participation will be voluntary.... Continue Reading →
Brazil’s Lower House close to vote end of Petrobras virtual monopoly in gas industry
Brazil’s lower house is set to vote on Tuesday to pass a bill that can further open up the natural gas market to private investors by breaking the monopoly held by state-controlled oil company Petroleo Brasileiro S.A. - Petrobras. If approved, the law could reduce natural gas prices in Brazil, says Congressman Laercio Oliveira, who... Continue Reading →
THE ATOBÁ DRONE, FROM STELLA TECNOLOGIA, MAY BE A SOLUTION TO MONITOR OIL FIELDS BEYOND THE 200 MILE BORDER
Aug 31, 2020 The National Energy Policy Council (CNPE) has confirmed the resumption of the auction schedule for oil and gas blocks in Brazil from 2021. One of these tenders will be the 17th Concession Round, the first in the country to offer six blocks beyond 200 nautical miles from the coast, in the Santos... Continue Reading →
Shell to Speed Up Seismic Interpretation with Deep Learning Tech/Tested on Brazil’s Campos Basin data
Oil and gas giant Shell has tapped digital innovation specialist Bluware Corp for the supply of deep learning technology, which should speed up work with seismic data interpretation. Bluware Corp said it Monday it had deployed the Pickasso proprietary deep learning technology, a custom version of Bluware InteractivAI in Royal Dutch Shell PLC. "Bluware's technology... Continue Reading →