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Jan 7, 2020 Pre-Sal Petróleo (PPSA), which is responsible for representing the Union in the production sharing agreements, has signed with Petrobras an agreement for the commercialization of the gas production of the Union of Southwest Tartaruga Verde Field. The agreement will be effective from January 1 to December 31, 2020 and provides that the... Continue Reading →
Jan 3, 2020 Equinor forecasts two FPSOs for Carcará Equinor will install two FPSO-type platforms to produce oil and gas in Carcará, in the Santos Basin pre-salt. The first production unit, with a capacity of 220,000 barrels per day of oil and 15 million m³ / day of natural gas, will be the largest in... Continue Reading →
January 3, 2020 A 313 km long pipeline, being 294 km offshore and 19 km onshore, linking the Santos Basin pre-salt production hub to Madeira Island at the Itaguaí Port in Rio de Janeiro. This is Cosan's new project for harnessing pre-salt ultra-deepwater gas, in a project that begins with the discovery of Carcarcá, operator... Continue Reading →
January 7, 2020 Ibama has opened a public consultation to receive contributions for the publication of the Model Term of Reference (TR) that will indicate the ways for the preparation of Environmental Impact Studies of offshore wind projects in the country. Contributions can be sent to the environmental agency until April 3. The reference term... Continue Reading →
January 06, 2020 Petro Rio S.A. (“Company” or “PetroRio”) (B3: PRIO3) announces to its shareholders and to the market in general that as of this day, it has been included as part of IBXX (or IBrX-100 Index), which consists of the 100 most traded companies in Brazil’s main stock exchange. The Company had previously been... Continue Reading →
January 6, 2020 Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on December 13, 2019, reports that it has received new correspondence from the National Bank for Economic and Social Development (BNDES) in which it reports that it has invited Banco de Investimentos Credit Suisse (Brasil) S.A., Bank of America Merrill Lynch... Continue Reading →
Since jair bolsonaro became Brazil’s president on January 1st 2019, he has quarrelled with an impressive array of foreign leaders and celebrities. After France’s president, Emmanuel Macron, accused him of encouraging deforestation of the Amazon, Mr Bolsonaro called his wife ugly. When Greta Thunberg, a young Swedish climate activist, highlighted the murder of indigenous people in... Continue Reading →
January 3, 2020 Petróleo Brasileiro S.A. - Petrobras, informs that, due to the latest events in Middle East, it will carry on with its international market monitoring process. The company points out that, according to its current pricing practices, there is no pre-defined frequency for applying adjustments. The company will continue to monitor the market... Continue Reading →
January 3, 2020 - Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on 12/02/2019, announces that it has started the binding phase referring to the sale of its interest in DóRé-Mi and Rabo Branco onshore fields, belonging to the BT-SEAL-13 Concession, located in the SergipeAlagoas Basin. Qualified parties for this phase will... Continue Reading →
2 JAN 2020 Brazil's oil exports reached a record in December and are expected to continue to grow in the coming months and years, given a significant advance in production in the pre-salt fields, which could place Brazil among the top five global producers. The country exported 8.72 million tons in December, more than double... Continue Reading →
Brazil Energy Insight 