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In the midst of a pandemic, newly created Energy Platform (EnP) is qualifying as operator C to participate in the permanent auction of the National Agency of Petroleum, Natural Gas and Biofuels (ANP), which currently has 54 companies registered. This is the strategy set up by the company for the acquisition of onshore exploratory areas... Continue Reading →
Apr 23, 2020 The National Health Surveillance Agency - ANVISA confirmed contamination by Covid-19 on four vessels supporting the services of offshore oil platforms. The vessels are anchored in Guanabara Bay after confirmation of contamination by Covid-19. In addition to the Subsea 7 Brasil support vessel, with three confirmed cases, Fulmar support vessels are anchored,... Continue Reading →
Apr 24, 2020 The monthly bulletin on oil and gas production shows stability in volumes extracted in March compared to the previous month. According to data from the National Petroleum Agency (ANP), oil production in the period was 2.968 million barrels per day, a slight decrease of 0.12% compared to February. It is worth remembering... Continue Reading →
Apr 23, 2020 BUREAU VERITAS LAUNCHES REMOTE INSPECTION SERVICE FOR THE MARITIME AND OFFSHORE SECTOR IN BRAZIL Group is bringing its remote inspection service for verification and testing of equipment manufacturers for ships and platforms to the Brazilian market. The novelty would only arrive in the country in the future, but the company accelerated the... Continue Reading →
Apr 22, 2020 FCF Participações e Investimentos, minority partner at Porto Central, submitted to Ibama a project that foresees the construction of a natural gas treatment unit in Presidente Kennedy, in Espírito Santo. The enterprise will have the capacity to produce 36.2 million m³ / d of natural gas. The plan is to run the... Continue Reading →
Brazil's state-run oil producer Petroleo Brasileiro has 261 workers, either staff or contractors, who are infected with the coronavirus, the company said in a statement late on Wednesday. Last Friday, Petrobras, as the company is known, said it had 160 workers diagnosed with the virus. Source: OE
Brazil’s real fell on Wednesday to a fresh all-time low close to 5.40 per dollar, as expectations intensified that the central bank will cut interest rates significantly in the coming weeks to combat the coronavirus-fueled economic crisis. The currency far underperformed its regional and emerging market peers on Wednesday, sliding more than 1% on the... Continue Reading →
Already grappling with one of Brazil’s most severe outbreaks of the novel coronavirus and a budget deep in the red, Rio de Janeiro state faces a potential threat to its solvency at the hands of investment giants PIMCO and Dodge & Cox. The U.S. asset managers have the right to a 2.5 billion real ($470... Continue Reading →
Apr 22, 2020 After a long period of negotiations, ExxonMobil signed a contract with Seadrill to charter the drill ship West Saturn, which will be responsible for resuming its exploratory activity in Brazil. The value of the contract was not disclosed, but it is estimated that the daily rate agreed was around US $ 250... Continue Reading →
April 22, 2020 On April 20th, the ANP published, in a special edition of the Federal Official Gazette, ANP Resolutions 815/2020 and 816/2020. They establish new procedures to be adopted by companies operating in oil and natural gas exploration and production activities while the temporary measures to deal with the public health emergency resulting from... Continue Reading →
Brazil Energy Insight 