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The Peregrino C topside and living quarters have set sail for its namesake field offshore Brazil from Texas and Norway, respectively. Equinor published a video of the topside’s sail-away onboard Heerema’s H-541 cargo barge on its YouTube channel on Tuesday, November 12. According to the company, it will take the topside more than a month... Continue Reading →
NOV 13, 2019 The year 2019 is approaching its end and Brazil has not yet filed any declaration of commerciality of oil and gas areas. In addition, the country is experiencing a decline in the number of these statements over the last few years. Consulted by the Petronotícia, the National Petroleum Agency (ANP) says that... Continue Reading →
Nov 13, 2019 The purchase of the Lagoa Parda Cluster by Imetame is approved by Cade, without restrictions. The set of three fields in Espírito Santo was 100% sold by Petrobras, for R $ 9.4 million. Deal was signed on October 11th. The current average production of the cluster is 300 barrels of oil per... Continue Reading →
Foreign oil companies that have not joined Brazil’s last two auctions of offshore “pre-salt” fields are also unlikely to bid next year, BP Plc’s Brazil president told newspaper Valor Economico in an interview published on Wednesday. Adriano Bastos argued that, even if the pre-salt areas that have not received any bids are auctioned again with... Continue Reading →
The Brazilian Institute of Oil, Gas and Biofuels (IBP) informs that engineer Cristina Pinho will assume the post of secretary general of the institution as of November 14. With extensive experience in the oil and gas industry and senior management roles, Cristina worked for 31 years at Petrobras, where she held leadership activities in the... Continue Reading →
Nov 12, 2019 Petrobras' divestment plan will gain reinforcement of major exploration and production assets, especially in the Campos Basin. The new strategy began to be reviewed by the E&P area in partnership with the Portfolio Management Executive Management following the auctions held last week. The selection of new projects for sale is expected to... Continue Reading →
Brazilian oil company Enauta – formerly known as QGEP – has awarded a new contract to Solstad Offshore’s AHTS vessel BOS Turmalina. Solstad Offshore said Tuesday the 2006-built anchor handler would go on a 1,5-year contract with Enauta during the fourth quarter of the year in direct continuation with the current charter. According to... Continue Reading →
November 12, 2019 MODEC, Inc. ("MODEC," head office: Chuo-ku, Tokyo; President & CEO: Yuji Kozai), Mitsui & Co., Ltd. ("Mitsui," head office: Chiyoda-ku, Tokyo; President & CEO: Tatsuo Yasunaga), Mitsui O.S.K. Lines, Ltd. ("MOL," head office: Minato-ku, Tokyo; President & CEO: Junichiro Ikeda) and Marubeni Corporation ("Marubeni," head office: Chuo-ku, Tokyo; President & CEO: Masumi... Continue Reading →
November 11, 2019 – Petro Rio S.A. (“Company” or “PetroRio”) (B3: PRIO3), following best practices in corporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of October. See full report: PetroRio Operational Data October 2019
In allowing Luiz Inacio Lula da Silva to walk out of jail last week, Brazil’s Supreme Court has blown open a legal labyrinth that could see the leftist former president return to prison just as easily as run for election again. The second chamber of the Supreme Court will soon hear an appeal from Lula’s... Continue Reading →
Brazil Energy Insight 