Sept 16, 2020 Cade approved, without restriction, the acquisition, by OP Pescada (Ouro Preto Oil & Gas subsidiary), of the 65% stake of Petrobras in Polo Pescada, which comprises the fields of Pescada, Arabaiana and Dentão, located in shallow waters of Potiguar Basin. The conclusion of the acquisition makes OP Pescada 100% holder and operator... Continue Reading →
Petrobras on E&P asset in Colômbia
September 15, 2020 Petróleo Brasileiro S.A. – Petrobras, following up on the releases disclosed on 07/27/2020 and 08/11/2020, informs the beginning of the binding phase regarding the sale of its entire stake in the exploratory portion of the Tayrona Block, located in the Guajira Basin, Colombia. Potential buyers qualified for this phase will receive a... Continue Reading →
Brazilian oil production will peak until the end of the 2030s, says BP
Sept 15, 2020 Brazilian oil production will grow rapidly in the coming decades, from the current level of 3 million barrels / day to a peak of 4.3 million to 5 million barrels daily, according to estimates of “Energy Outlook 2020”, published on Monday by British oil company BP. Even with the growth in oil... Continue Reading →
Petrobras on contracting the sixth FPSO of Búzios
September 15, 2020 Petróleo Brasileiro S.A. – Petrobras informs that it has started negotiations with SBM Offshore N.V. (SBM) to contract the FPSO - floating production storage and offloading Almirante Tamandaré, to be installed in the Búzios field, in Santos Basin. The FPSO Almirante Tamandaré will be the sixth production system of the Búzios field,... Continue Reading →
Petrobras on E&P portfolio revision
September 14, 2020 Petróleo Brasileiro S.A. – Petrobras reports on the revision of the Exploration & Production (E&P) segment portfolio in face of the crisis caused by COVID-19. The revision aims to maximize the value of the E&P portfolio, focusing on world-class assets in deep and ultra-deep waters. The portfolio revision is in line... Continue Reading →
Petrobras about Tupi field
September 14, 2020 Petróleo Brasileiro S.A. – Petrobras hereby announces that the National Agency of Petroleum, Natural Gas and Biofuels (ANP) approved the change in the name of the Lula field to Tupi field. The approval is aimed at complying with the ruling of July 7, 2020, in a citizen lawsuit, which ordered the... Continue Reading →
RESOLUTION FOR EXTENSION OF OIL AND GAS AREA CONTRACTS RECEIVES BOLSONARO’S SIGNATURE
Sept 14, 2020 President Jair Bolsonaro approved the resolution of the National Council for Energy Policy (CNPE) that deals with the extension of oil and gas exploration and production contracts in Brazil. The text allows the National Petroleum Agency (ANP) to extend the term of the concession contracts signed as of the 1st Bidding Round,... Continue Reading →
Petrobras subsea equipment tenders expected to involve billions of dollars
Sept 12, 2020 With several offshore production projects due to come on stream this decade, Brazilian NOC Petrobras is keeping the market busy with tenders for the acquisition of subsea equipment that are expected to generate billions of dollars in new contracts. At least two of the tenders are related to the state-owned company’s prized Búzios field in the... Continue Reading →
Wilson Sons creates intelligent tool to expedite tug maintenance
Sept 14, 2020 System developed by the company's Innovation Laboratory simulates conversations and handles demands for fleet repairs With a fleet of 80 tugboats, the largest in the country, Wilson Sons has developed an intelligent tool to speed up the diagnosis and services of corrective maintenance. Designed by Tuglab, the company's innovation laboratory, and by... Continue Reading →
Alfa Laval Pumps for Two Brazil FPSOs
Sept 14, 2020 Sweden's Alfa Laval has secured two orders to supply Framo pumping systems for two FPSOs to operate offshore Brazil. Alfa Laval did not say who the clients were but said the orders had a total value of around SEK 155 million (around USD 17,7 million). The deliveries are scheduled for 2021. The... Continue Reading →