Brazil levels playing field for foreign companies in government contract market

Brazil’s government is changing the rules to give foreign companies an equal shot at winning government contracts, the Economy Ministry said on Monday. Economy Minister Paulo Guedes has pledged to fight corruption and open up one of the world’s most protected countries to foreign business and the overseas investment necessary to modernize Brazil’s crumbling infrastructure.... Continue Reading →

2019 Maritime Support Fleet Stable

Jan 24, 2020 The fleet of maritime support in Brazilian waters, at the end of December, totaled 366 vessels, being 324 of Brazilian flag and 42 of foreign flags. 89% of the offshore support fleet in Brazil is made up of Brazilian flag boats and 11% of foreign flags. Not all units are in operation,... Continue Reading →

Subsea and seismic for Parque das Baleias

January 24, 2020 Petrobras is contracting services and equipment for the new development phase of the project in the Campos Basin The attention of the supply industry returned to Parque das Baleias, a complex of deep water fields in the Campos Basin. In addition to subsea systems, Petrobras is bidding to contract 4D seismic mapping... Continue Reading →

Petrobras starts non-binding phase for sale of BSBios

January 23, 2020 Petrobras, following up on the release disclosed on 12/20/2019, informs the beginning of the non-binding phase related to the sale of all shares of BSBios Indústria e Comércio de Biodiesel Sul Brasil S/A (BSBios) by its wholly-owned subsidiary Petrobras Biocombustíveis S.A. (PBio). Potential buyers qualified for this phase will receive a descriptive... Continue Reading →

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