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May 29, 2020 Ibama granted a 3D seismic survey license with ocean-bottom nodes (nodular receptors positioned on the seabed) to Equinor for blocks BM-S-8 and North of Carcará - where the Bacalhau and North of Bacalhau fields are located - in the Basin Santos. The campaign will be carried out by Seabed's SR / V... Continue Reading →
May 29, 2020 The ANP board approved the assignment of the remaining 10% stake in Petrobras to Total in the BM-S-9A concession contract, where the Lapa field is located, in the Santos Basin pre-salt. The operation was authorized by Cade in August 2019. As a result, the Lapa consortium in the Santos Basin pre-salt will... Continue Reading →
May 29, /2020 Saipem and BW Offshore (BWO) signed a memorandum of understanding to form a partnership in the FPSO segment. Recently sewn by the directors of the companies in Italy and Norway, the agreement was confirmed to PetróleoHoje, focusing, at first hand, the exclusive Shell bid for the FPSO of Gato do Mato, in... Continue Reading →
(Reuters) - Brazil’s Central Bank monetary policy director Bruno Serra said on Thursday that external funding to the country is beginning to normalize, one day after state-controlled oil company Petroleo Brasileiro SA (PETR4.SA) sold $3.25 billion in bonds. Serra, in a presentation released on Thursday, said central bank intervention on forex worked well and said... Continue Reading →
May 27, 2020 McDermott will start, in the first week of June, the launch of the last stretch of Rota 3, a gas pipeline that will connect the Santos Basin pre-salt to Comperj, in Itaboraí (RJ). The campaign will be carried out with the DLV 2000 vessel, which belongs to the group's fleet. Locar Pipe... Continue Reading →
May 27, 2020 Petrobras informed earlier this evening (27) that it took the first steps to allow access to its natural gas processing units by the other producers of the input in Brazil. The announcement comes hours after the Federation of Petroleum Workers (FUP) accused the company's management of lack of honesty, as it was... Continue Reading →
MAY 27, 2020 Petróleo Brasileiro S.A. – Petrobras (“Petrobras”) (NYSE:PBR) announces the pricing of two series of global notes denominated in U.S. Dollars (the “Notes”) to be issued by its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”). The Notes will be unsecured obligations of PGF and will be fully and unconditionally guaranteed by Petrobras. Closing... Continue Reading →
May 27, 2020 Petrobras will carry out a multiazimute 3D / 4D maritime seismic streamer activities in the Marlim, Albacora and Voador fields, in the Campos Basin. With an acquisition area of 2.17 thousand km², the activities are scheduled for August this year, lasting 13 months, under the command of the data acquisition company (EAD)... Continue Reading →
Brazil’s real rose for the fifth day in a row on Tuesday, sealing its longest winning streak against the dollar this year as buoyant global markets and ebbing of domestic political tensions added fuel to the rally. The real’s near 2% jump brought its gains since the start of last week to around 10%, and... Continue Reading →
May 27, 2020 Petrobrás projects a gradual recovery in the price of oil over the next five years, until it returns to the level of US $ 50 per barrel - double the average price projected for this year, of US $ 25. As the scenario improves, it should also reduce the company's debt, from... Continue Reading →
Brazil Energy Insight 