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French multinational integrated oil and gas company Total and consortium partners have announced first oil from the Iara licence (Block BM-S-11A) in the deepwater Santos Basin pre-salt in Brazil. The first oil marks the start-up of the FPSO P-68, the first of the two floating production, storage and offloading units (FPSO) already launched and to... Continue Reading →
November 14, 2019 PetroRio S.A. (“Company” or “PetroRio”) (B3: PRIO3) in compliance with CVM Instruction 384 as of March 17th, 2003 hereby informs its shareholders and the market in general that as of November 18, 2019, the services of Market Maker will no longer be provided by Genial Institucional Corretora De Câmbio, Títulos E Valores... Continue Reading →
November 14, 2019 Petro Rio S.A. (“Company” or “PetroRio”) (B3: PRIO3), in compliance with article 157 of Law 6404/1976, CVM Instruction 358/2002, and article 26 of the Novo Mercado Regulation, announces to its shareholders and the market in that Mr. Nelson Sequeiros Rodriguez Tanure has resigned from his position as member of the Board of... Continue Reading →
November 14, 2019 Petróleo Brasileiro S.A. - Petrobras reports that today it started up oil and natural gas production at platform P-68 in the Berbigão field, in the Santos Basin pre-salt. Following P-67, in the Lula field, and P-76 and P-77, in the Buzios field, P-68 is the fourth unit to start up in 2019,... Continue Reading →
Nov 14, 2019 Petrobras has launched a tender for contracting offshore platform maintenance services, which include the Buzios field units, in the pre-salt of the Santos Basin. - Lot A provides services for the P-74, P-75, P-76 and P-77 FPSOs, all owned by Petrobras, with a production capacity of 150 thousand barrels / day, in... Continue Reading →
Nov 14, 2019 SPIC Brasil, Grupo Prumo (a company controlled by EIG Global Energy Partners) and Siemens AG sign an MoU (Memorandum of Understanding) for the development of energy projects in Brazil. The signing took place during the BRICs meeting, attended by key executives of the companies involved: SPIC - Qian Zhimin, Chairman, Adriana Waltrick,... Continue Reading →
November 14, 2019 ANP projects that production in pre-salt fields will help raise revenues to the public coffers by R$ 300 billion a year, setting a new level that will require greater responsibility in the application of resources The fields auctioned in the TOR and the 6th Pre-Salt Round will help boost the sector’s annual... Continue Reading →
Nov 13, 2019 Shell International Trading Middle East Limited has signed a commitment agreement with Hidrovias do Brasil to supply LNG to the Vila do Conde thermal power plant (UTE), which the Brazilian company intends to build in Barcarena, Pará. The agreement with the Anglo-Dutch oil company subsidiary foresees fuel supply for 25 years, if... Continue Reading →
November 13, 2019 Petróleo Brasileiro S.A. - Petrobras, following up on the release dated 09/13/2019, reports on the beginning of the binding phase regarding the sale of its stakes in two onshore concessions, including offloading facilities named Cupiúba and Carapanaúba Cluster, located in the state of Amazonas. Qualified parties for this phase will receive invitation... Continue Reading →
Flexential is expanding its FlexAnywhere offering with providing customers direct access to Seaborn Networks’ transoceanic platform for the low latency, high-speed, 72-terabits-per-second connection to Latin America. The Latin American subsea cable, called Seabras-1, links New York/New Jersey, U.S. to Sao Paulo, Brazil. Continue reading
Brazil Energy Insight 