Jan 18, 2020 This Saturday the 18th , a fire outbreak temporarily interrupted production on the P-76 platform. Petrobras, through its press office, informed the resumption of the operation. The P-76 is in the Búzios field, in the Santos Basin pre-salt, considered one of the most promising in Brazil. The unit has an installed capacity... Continue Reading →
Petrobras on non-binding phase of assets in Uruguay
Jan 17, 2020 Petrobras, following up on the press release disclosed on 11/12/2019, related to the sale of 100% of the shares held by Petrobras Uruguay Sociedad Anónima de Inversiones (PUSAI) - a subsidiary of Petrobras - in Petrobras Uruguay Distribuición S.A. (PUDSA), informs that the project´s non-binding phase is underway, as described in the... Continue Reading →
Petrobras announces non-binding phase for the sale of TAG
January 17, 2020 Petróleo Brasileiro S.A. - Petrobras, following up on the press release disclosed on 12/11/2019, announces the beginning of the non-binding phase related to them sale of its remaining stake (10%) in Transportadora Associada de Gás S.A. (TAG). Potential buyers qualified for this phase will receive a descriptive memorandum with more detailed information... Continue Reading →
Cosan applies for license to build Rota 4
Jan 17, 2020 Cosan has applied for a license to build the second stage of the Rota 4 gas pipeline. The project will increase the transport capacity of gas production from the pre-salt fields, according to a document published by IBAMA. Cosan wants to build the 313 km pipeline that will connect the Carcará and... Continue Reading →
Offshore gas flaring rules will be improved, ANP says
Jan 17, 2020 The ANP approved the resolution that deals with the procedures to control oil and natural gas burns and losses in E&P activities. The regulation revises ANP Ordinance No. 249/2000 and includes definitions of cases classified as ordinary burns, exempt from prior authorization, and procedures for authorization and validation of extraordinary burns. The... Continue Reading →
World’s largest crane vessel installs Equinor’s Peregrino C platform
Norwegian oil and gas company Equinor has installed the Peregrino C platform on the Peregrino field located offshore Brazil ahead of productio startup planned for later this year. Equinor, the operator of the Peregrino field, on Friday launched a video with highlights from the installation of the platform’s two largest modules – the main support... Continue Reading →
Sergipe-Alagoas/Jacuipe Basin – Natural Gas
Jan 17, 2020 The ANP signed a contract with Ecology to prepare the Environmental Study of Sedimentary Area in the offshore part of the Sergipe-Alagoas / Jacuípe Basin. It will also be proposed an action plan for studies and research and monitoring, in order to expand the socio-environmental knowledge of the Basin and present data... Continue Reading →
Raízen negotiates consortium with GIP fund for Petrobras refineries, sources say
Jan 16, 2020 Global Infrastructure Partners (GIP) fund manager plans to submit a joint offer with Raízen for refineries for sale by Petrobras, two people with knowledge of the matter said. Raízen, a joint venture between Royal Dutch Shell PLC and ethanol producer Cosan SA, made non-binding offers for the largest refineries for sale by... Continue Reading →
PETROBRAS MAKES NEW OIL DISCOVERY NOTIFICATION IN MARLIM LESTE
Jan 15, 2020 Petrobrás notified the National Petroleum Agency (ANP) of a discovery of oil evidence in the Marlim Leste field, in the Campos Basin, at a water depth of 1,226 meters in the well 9-MLL-83-RJS . The Marlim Leste field adopts two production development modules: the P-53, a FPU (Floating Production Unit) type platform;... Continue Reading →
Petrobras clarifies about BR Distribuidora
January 16, 2020 Petróleo Brasileiro S.A. – Petrobras, with regards to news published in the media, referring to the sale of its stake in BR Distribuidora S.A. (BR), clarifies that the information that a possible subsequent offer of shares will take place in February and that the banks that will coordinate the operation have already... Continue Reading →