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 →
ANP Director-General Décio Oddone announces resignation – update
15 Jan 2020 The director general of the National Agency of Oil, Natural Gas and Biofuels, Décio Oddone, delivered a letter to President Jair Bolsonaro and the Minister of Mines and Energy, Bento Albuquerque, stating that he will leave office in advance. His term would end in December this year. But will remain only until... Continue Reading →
Petrobras releases teaser for E&P in Espírito Santo Basin – Golfinho and Camarupin Clusters
January 15, 2020 - Petróleo Brasileiro S.A. - Petrobras reports that it has started the opportunity disclosure stage (teaser), referring to the sale of its entire stake in two sets of deep-water post-salt offshore concessions, namely Golfinho Cluster and Camarupim Cluster, located in the Espírito Santo Basin. The teaser, which includes key information about the... Continue Reading →
Brazil’s petroleum regulator chief asks to leave post early: ANP
Jan 15, 2020 (Reuters) - Décio Oddone, the head of Brazil’s petroleum regulator ANP, said in a statement on Wednesday he had written to President Jair Bolsonaro asking for permission to leave his post early. Oddone, who had been due to step down in December, said he would stay in his post long enough for... Continue Reading →
WEG Approved to BP Suppliers List
Jan 14, 2020 WEG has been added to the list of approved suppliers at oil giant BP. The company is technically qualified according to BP Upstream (TQSL) to supply next generation low voltage motors. The addition to BP's list of approved suppliers is a reflection of WEG's reputation for innovation, reliability and quality in markets... Continue Reading →
Sapura Navigation begins work with Perenco in the field of Pargo
Sapura Navigation begins work with Perenco in the field of Pargo Jan 15, 2020 Press Release The PLSV Sapura Diamante, support vessel, installation and launch of flexible pipelines, began work with Perenco for subsea installation and support in the Pargo field at 00h30 last Friday. Once again, 100% of the Sapura fleet is in operation,... Continue Reading →
MODEC’s FPSO Vessel Recognized by the World Economic Forum as Lighthouse of the 4th Industrial Revolution/Press release
Tokyo, January 15, 2020 MODEC, Inc. ("MODEC") is pleased to announce that one of its Floating Production Storage and Offloading (FPSO) vessels has been selected by World Economic Forum, a Swiss-based non-profit foundation, to join the Global Lighthouse Network of leaders in applying the technologies of the Fourth Industrial Revolution. The FPSO Cidade de Campos dos... Continue Reading →
Petrobras on fertilizer plant mothballing
January 14, 2020 Petróleo Brasileiro S.A. - Petrobras reports that it has approved the mothballing of the fertilizer plant of its wholly owned subsidiary Araucária Nitrogenados S.A. (ANSA), located in the state of Paraná. ANSA has been posting recurring losses since it was acquired in 2013. From January to September 2019, the company posted a... Continue Reading →
Petrobras completes sale of PO&GBV
January 15, 2020 Petróleo Brasileiro S.A. - Petrobras, following up on the release dated 10/31/2018, reports today that it completed the sale - to Petrovida Holding B.V. (Petrovida) - of the 50% equity interest held by Petrobras International Braspetro B.V. (PIBBV) in Petrobras Oil & Gas B.V. (PO&GBV). The transaction involved a total amount of... Continue Reading →