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July 1, 2020 Modec will contract a new maintenance and security unit (UMS) to operate on the Brazilian coast. The vessel will support the FPSOs Cidade de Niterói, in Marlim Leste, Campos Basin; Cidade de Santos, in Uruguá-Tambaú, and Cidade de São Paulo, in Sapinhoá, Santos Basin, and the FSO Cidade de Macaé - all... Continue Reading →
July 1, 2020 Petrobras found more hydrocarbons in the well that confirmed good quality oil in the field in May, in a water depth of 2,108 m, According to ANP, Petrobras found new evidence of oil in well 9-BUZ-39DA-RJS, in the Búzios field, in the Santos Basin, in a water depth of 2,104 thousand m.... Continue Reading →
July 1, 2020 Petrobras receives proposals for the supply of wet Christmas trees (ANMs) for the Mero 3 field, in the Libra area, Santos Basin pre-salt. The tender calls for the acquisition of 11 pieces of equipment, along the same lines as the first two phases of the Mero field development. Source: PetroleoHoje
July 1, 2020 The Secretary of Petroleum, Natural Gas and Biofuels of the Ministry of Mines and Energy, José Mauro Coelho, estimated that, in the next 10 years, Brazil will be among the five largest oil producers and exporters in the world. "Although the oil industry has suffered (with the crisis), we already see an... Continue Reading →
July 1, 2020 Petróleo Brasileiro S.A. – Petrobras announces that it is suporting the Task Force for Climate-related Financial Disclosures (TCFD), an initiative by the Financial Stability Board of the G20 group, which is comprised by 19 leading global economies and the European Union, with the mission of developing recommendations for the disclosure of financial... Continue Reading →
Norwegian seismic survey company Shearwater GeoServices has received an award by the French seismic data company CGG for the Brazil Nebula survey extension. "We are pleased to see this award by CGG and look forward to continuing the work by Shearwater crews in Brazil,” said Irene Waage Basili, the CEO of Shearwater GeoServices. Continue reading
July 1, 2020 SBM Offshore is pleased to announce the closure of a US$600 million bridge loan facility for the financing of the construction of FPSO Sepetiba. The facility was secured by the special purpose company owning FPSO Sepetiba and was agreed with a consortium of four international banks. SBM Offshore is majority owner of... Continue Reading →
Brazil’s oil industry expects a recovery in domestic demand in the next months driven by growing China imports, but the negative effects of COVID-19 are expected to last through the end of 2021, lobbying group IBP said in a note on Tuesday. Consumption could drop by more than 10%, and oil prices should range between... Continue Reading →
June 29, 2020 Petróleo Brasileiro S.A. - Petrobras informs that it has started the opportunity disclosure stage (teaser), referring to the sale of its entire stake in the Tartaruga field, located in shallow waters of the Sergipe-Alagoas Basin, state of Sergipe. The teaser, which includes key information about the opportunity, as well as the eligibility... Continue Reading →
Jun 30, 2020 Petrobras received an operating license from Ibama to drill in the SC-AP3 sector, in the Campos Basin, which comprises blocks C-M-210, C-M-277, C-M-344, C-M-346, C-M-411 and C-M-413. Acquired in the 14th ANP Bidding Round, the areas are operated by the state company (50%) in partnership with ExxonMobil (50%). The campaign foresees the... Continue Reading →
Brazil Energy Insight 