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July 20, 2020 The oil company Enauta reported estimate average daily production from the Atlanta field at 23,000 barrels of oil for 2020, according to a press release. For 2021, production in Atlanta, in the Santos Basin, should drop to 18,000 bpd, projected Enauta, emphasizing that the estimates have a negative or positive variation margin... Continue Reading →
July 17, 2020 Petróleo Brasileiro S.A. - Petrobras, in compliance with article 30, item XXXIV of CVM Instruction 480/09, informs that it received from shareholders who jointly hold more than 5% (five percent) of its common shares, the request to adopt the cumulative vote system in the election of candidates to the Board of Directors... Continue Reading →
July 17, 2020 Petróleo Brasileiro S.A. – Petrobras, following up on the releases disclosed on 05/17/2019 and 06/21/2019, informs that, yesterday, the United States Court of Appeals for the Fifth Circuit dismissed the appeal filed by the company against the decision rendered by the Federal Court of Texas, on 05/17/2019, which confirmed the arbitration award... Continue Reading →
Jul 17, 2020 Among the units licensed by Petrobras are four with a capacity to produce 225,000 bopd On Thursday (7/15), Petrobras requested a license from Ibama for the implementation of 12 FPSOs in the Santos Basin pre-salt and the reactivation of an FPSO in Mero (“FPSO Mero FR”). There are four new units for... Continue Reading →
Jul 17, 2020 Estaleiro Atlântico Sul (EAS), controlled by Camargo Corrêa and Queiroz Galvão, plans to diversify its activities, in an attempt to generate revenue and convince its creditors that it is capable of restructuring its R$1.3 billion debt. The company, located in the Suape port complex (PE), has been in bankruptcy since January. The... Continue Reading →
July 17, 2020 The FPSO Capixaba should resume operations in August at Parque das Baleias, in the Campos Basin, ANP informed PetróleoHoje. The platform chartered by Petrobras has been out of production since April, after cases of covid-19 were confirmed among workers on board. Source: PetroleoHoje
Jul 17, 2020 Petrobras requested a license from Ibama for the implementation of 12 FPSOs in the Santos Basin pre-salt and the reactivation of an FPSO in Mero (“FPSO Mero FR”). There are four new units for the Buzios field (Buzios FPSOs 9, 10, 11 and 12), in addition to the Sepia 2 FPSOs. Among... Continue Reading →
Jul 17, 2020 The president of the Brazilian Petroleum Institute (IBP), Clarissa Lins, recently revealed, during an online broadcast, that this year's Rio Oil & Gas will be done entirely in digital format. The event will be held between December 1st and 3rd, on an exclusive online platform for the fair. According to the IBP,... Continue Reading →
Jul 16, 2020 The Oil and Gas Climate Initiative (OGCI), a group made up of large oil companies to respond to the O&G industry's global change, announced today a new emission reduction target. The consortium aims to reduce from 20 kg to 21 kg of CO2 for each barrel of equivalent oil sold in the... Continue Reading →
July 16, 2020 Petrobras will demobilize the FPSO Piranema Spirit, installed in the Piranema field, in Sergipe, in April 2021. The Brazilian oil company notified Altera Infrastructure (formerly Teekay Offshore) about the demobilization date about a month ago, in compliance with a contractual procedure that requires notice ten month prior notice. The demobilization of the... Continue Reading →
Brazil Energy Insight 