Knutsen NYK Offshore Tankers AS (KNOT), a joint venture between Japanese shipping major NYK and Norway’s TS Shipping Invest (TSSI), has concluded a first long-term time charter contract for a shuttle tanker with PetroChina International (America), part of PetroChina Company Limited. As informed, the contract is for a period of up to ten years starting... Continue Reading →
Petrobras starts non-binding phase of thermal power generation companies
July 6, 2020 Petróleo Brasileiro S.A. - Petrobras, following up on the press release disclosed on 06/04/2020, informs the beginning of the non-binding phase regarding the sale of its stakes in five power generation companies: Brasympe Energia S.A. (Brasympe), Energética Suape II S.A. (Suape II), Termoelétrica Potiguar S.A. (TEP), Companhia Energética Manauara S.A. (CEM) and Brentech... Continue Reading →
Petrobras gives up on offshore wind
July 6, 2020 Petrobras withdrew from the pilot plant project for offshore wind generation in Rio Grande do Norte, informed the Emissions and Climate Change manager of the state-owned company, Viviana Coelho, during a webinar promoted by EPBR, on Friday (3/7). In October 2019, Petrobras requested prior and installation licenses to implement the project the... Continue Reading →
Three new FPSOs in sight for Buzios
July 6, 2020 Focused on the development of the Búzios field, Petrobras prepares series of tenders for the second half of the year. New notices to contract three FPSOs for the Búzios project (phases VI, VII and VIII), in the Santos cluster, one with a production capacity of 225 thousand bopb and two with 180... Continue Reading →
Sale of Petrobras refineries does not violate STF decision, says government
July 6, 2020 Reuters) - Petrobras' decision to sell part of its refining assets is in line with national energy policy and does not go against the Supreme Federal Court (STF) decision on privatization, defended the Ministries of Economy and Mines and Energy in joint note this Monday. The manifestation of the portfolios follows the... Continue Reading →
Aker Solutions completes its largest subsea trees project in Brazil
Norway’s Aker Solutions has delivered the last of 60 sets of subsea trees for pre-salt exploration for Petrobras. This marks the conclusion of the company’s biggest project in Brazil. Aker Solutions landed a deal with Petrobras to provide subsea equipment for deepwater pre-salt field developments in Brazil in March 2013. Continue reading
Petrobras Considers LNG Units for Pre-salt’s Natural Gas
Brazilian state-controlled oil company Petrobras is considering installing offshore units to liquefy the growing natural gas production from the so-called pre-salt area, the company's emissions and climate change manager said during a webinar on Friday. Liquefied natural gas units could be an alternative for the gas associated with oil produced at the deep-water exploratory region... Continue Reading →
ABB Solutions for Yinson’s Marlim 2 FPSO
Swiss-based technology giant ABB will provide electrical, control, and telecommunication solutions for Malaysia-based Yinson's new FPSO - Anna Nery. Once delivered, the FPSO will be deployed at Petrobras' Marlim 2 oil field offshore Brazil. "Leveraging its ABB Ability System 800xA control system with Select Input/Output (IO), ABB will take responsibility for integration engineering in the project,... Continue Reading →
Saipem awarded a contract for the Búzios pre-salt field in Brazil worth approximately 325 million USD
San Donato Milanese (MI), July 6th 2020 Saipem has been awarded a contract by Petrobras for the installation of a rigid riser-based subsea system to serve the Búzios pre-salt project, in water depths from 1537 to 2190 meters, offshore the state of Rio de Janeiro. The Búzios-5 overall production system foresees the interconnection of 15... Continue Reading →
Petrobras begins NTS binding phase
July 03, 2020 Petróleo Brasileiro S.A. – Petrobras, following up on the press release disclosed on May 15, 2020, announces the beginning of the binding phase regarding the sale of its 10% remaining stake in Nova Transportadora do Sudeste S.A. (NTS). Potential buyers qualified for this phase will receive a process letter with detailed instructions... Continue Reading →