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June 9, 2020 Petrobras started environmental licensing for drilling a well in block POT-M-952, offshore in the Potiguar Basin. This is the second project that Petrobras is licensing in the region - in April, it started the process for block POT-M-762. - Areas contracted in 2018, in the 15th round of the ANP (concession), at... Continue Reading →
Norwegian offshore seismic data firm TGS has completed an additional phase of the Santos Basin 3D Multi-Client seismic survey in Brazil. "The survey is located south of the high-profile discoveries in the Santos Basin and the recent sought-after blocks offered in Rounds 15 and 16. The acquisition of 17,500 square kilometers of the 23,000 square... Continue Reading →
The Board of Directors of Petróleo Brasileiro S.A. – Petrobras convenes an Extraordinary General Meeting of the Company's shareholders to be held on July 09 , 2020, at 3:00 p.m., exclusively by digital format, pursuant to article 4, paragraph 2, item I and article 21-C, paragraphs 2 and 3 of CVM Instruction 481, of December 17, 2009... Continue Reading →
Jun 8, 2020 The companies that purchased blocks in the 1st Cycle of the Permanent Offer will gain more time to present the documents necessary for the signing of the contracts. The action was taken in the face of the public health situation caused by the coronavirus pandemic. The postponement of the deadlines was announced... Continue Reading →
June 5, 2020 Ricardo Mucci will head the BW Offshore (BWO) office in Brazil. The Brazilian executive, who is already responsible for BW Energy (BWE) in the country, will assume the position replacing, as of July, John Kilde, appointed to oversee other geographic areas of the company, including some businesses in Brazil. Source: PetroleoHoje
June 8, 2020 BW Offshore has received a notice from Petrobras extending the lease and operation agreement of BW Cidade de São Vicente with 120 days. With the extension, the contract is now set to expire on October 9, 2020. BW Offshore has started planning for the demobilization of the unit from the field and... Continue Reading →
June 05, 2020 Petróleo Brasileiro S.A. - Petrobras reports that it exported 1.11 million tons of fuel oil in May, surpassing the previous record set in February 2020 by 10%. The amount of fuel oil exported was 231% higher than the volume exported in May last year. It is important to highlight that, on 01/01/2020,... Continue Reading →
Jun 5, 2020 Petrobras will close 2020 with a new and a leaner look. In the midst of the crisis, the oil company began to implement an extensive restructuring process that includes, among other changes, creating a decommissioning management, cutting hundreds of managerial positions and the hiring of a market executive to lead the Executive... Continue Reading →
Jun 5, 2020 Important news for the oil and gas sector from Brasilia. The National Energy Policy Council (CNPE) approved incentives for small and medium-sized companies in the exploration, development and production of oil and natural gas. The collegiate also gave the approval for the National Petroleum Agency (ANP) to define and bid blocks... Continue Reading →
A Brazil-based wholly-owned subsidiary of Singapore’s offshore rig builder Sembcorp Marine (SembMarine) has entered into a revolving facility agreement for up to $500 million with Standard Chartered Bank. SembMarine said on Friday that the subsidiary in question was Estaleiro Jurong Aracruz (EJA). According to the company, the facility agreement will be guaranteed by SembMarine. Continue... Continue Reading →
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