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August 5, 2020 Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on 01/03/2020, informs that it signed today with Centro Oeste Óleo e Gás Ltda. an agreement for the sale of its entire stake in the Dó-Ré-Mi onshore field, located in the Sergipe-Alagoas Basin, in the state of Sergipe. The sale value... Continue Reading →
UK-based offshore energy equipment maker Subsea Energy Solutions is expanding into Brazil following signing a sales agreement with Marine and Offshore Partners. Subsea Energy Solutions said Wednesday that Rio-based M&O Partners would help it develop new relationships and business development with multinational operators such as Petrobras. Continue reading
Offshore oil industry supplier Ocyan plans to participate in bids for much bigger platforms than it currently has in Brazilian waters, the world’s largest market for floating platforms, Chief Executive Roberto Bischoff told Reuters. He said Ocyan is eyeing contracts potentially worth hundreds of millions of dollars for deepwater platforms serving state-run oil company Petroleo... Continue Reading →
August 4, 2020 Petróleo Brasileiro S.A. – Petrobras, further to the notices to the market dated June 22, 2020 and July 21, 2020, hereby announces that the 1st Business Court, which deals with Conflicts related to Arbitration of São Paulo has extinguished the action for specification of judicial mortgage filed by Caixa de Previdência dos... Continue Reading →
Aug 4, 2020 Belov Engenharia ordered from the Swedish giant Saab four Leopard work vehicles that will operate in Petrobras' operations in Brazil. The order was booked in the second quarter of 2020. Leopard is a vehicle developed by Saab Seaeye, Saab's underwater robotics division, which is half the size of hydraulic equipment with the... Continue Reading →
August 4, 2020 Twelve companies, some from the same business group, were prequalified to dispute the lease of the Petrobras LNG terminal in Bahia, according to the call for prequalified agents, published by the company. Proposals are scheduled to be open on September 30. Petrobras will lease the terminal until December 2023, with no provision... Continue Reading →
Aug 4, 2020 (Reuters) - Brazilian oil exports more than doubled in July to 8.19 million tonnes, compared to 3.76 million tonnes shipped a year earlier, according to data from the federal government released on Monday, following the exchange rate and firm demand from China. The volume was the second highest in 2020, behind only... Continue Reading →
CIMC Raffles-managed offshore accommodation rig OOS Tiradentes will soon resume work for Petrobras in Brazil, after a hiatus due to COVID-19 pandemic. CIMC Raffles asset operation management center which manages the semi-sub accommodation rig, has received the notice from Petrobras to resume operation. Continue reading
August 03, 2020 Petro Rio S.A. (“Company” or “PetroRio”) (B3: PRIO3) announces its 2Q20 earnings. Highlights for the Quarter Message from Management “In one of the most challenging and unprecedented quarters in the oil and gas industry’s history, PetroRio has had the opportunity to establish itself as one of the most resilient companies in its... Continue Reading →
August 3, 2020 Petro Rio S.A., (the “Company” or “PetroRio”) (B3: PRIO3), informs its shareholders and the market in general that, in addition the Material Fact of February 3, 2020, the National Petroleum Agency (“ANP”) granted, on this date, effectiveness to the the amendments to the concession agreement in connection to the rights (“farm-in”)... Continue Reading →
Brazil Energy Insight 