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July 8, 2020 – Petróleo Brasileiro S.A. – Petrobras informs that the Paulínia Refinery (Replan), located in the state of São Paulo, broke the monthly production record for Bunker 2020, a low-sulfur fuel oil used on ships, for the second consecutive month. In June, the refinery reached 148 thousand m³, 20% higher than the previous record... Continue Reading →
Norway-based energy intelligence firm Rystad Energy said Tuesday it didn't expect any new FPSO orders this year, however, it expects the situation will improve next year when it foresees seven new FPSO to be ordered. "Hit by the second industry downturn in five years, global awards for floating production, storage and offloading (FPSO) vessels will... Continue Reading →
Petrobras is preparing to launch a tender to build Brazil's largest-ever oil platform, according to two people with knowledge of the matter, as the state-controlled oil firm pushes ahead with ambitious plans to boost deepwater production. Petroleo Brasileiro SA, as the Rio de Janeiro-based producer is formally known, plans to launch the leasing tender for... Continue Reading →
Jul 8, 2020 Shell found new evidence of oil in well 3-SHEL-32D-RJS, in the south of Gato do Mato, in the Santos Basin pre-salt. The drilling of the 3-SHEL-32D-RJS started in March. This is the third occurrence in the block, where the oil company is conducting a campaign with the Brava Star rig, in a... Continue Reading →
Brazilian President Jair Bolsonaro said on Tuesday he tested positive for the novel coronavirus, adding in a television interview that he was in good health despite running a fever. The right-wing populist, who has played down the severity of the virus which he has called a “little flu,” took the test on Monday after developing... Continue Reading →
July 6, 2020 Petrobras hopes to reach an understanding within six months with Odebrecht about a new shareholder agreement for petrochemical Braskem, in which both companies are partners, said CEO Roberto Castello Branco during an online event on Monday. The new agreement, in which preferred shares would be converted into voting shares, would allow Petrobras... Continue Reading →
July 7, 2020 Petrobras informs that it has started the decommissioning of the P-12 platform, in the Campos Basin. The decommissioning of the P-07 and P-15, in the Campos Basin, and the FPSO Piranema in the Sergipe-Alagoas Basin are also scheduled for 2020. According to the company's Strategic Plan for 2020-2024, 18 production platforms will... Continue Reading →
July 7, 2020 The covid-19 pandemic and the barrel of oil price crisis will affect Petrobras' schedule for the public offering of shares (IPO) of the pre-salt gas pipelines (routes 1, 2 and 3), responsible for interconnecting the oil fields. region off the coast of Rio de Janeiro and São Paulo. Scheduled for 2020, the... Continue Reading →
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 →
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 →
