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October 9, 2019 Seventeen oil companies, among the industry giants and mid-sized companies, will compete tomorrow for 36 areas, focusing on deep and ultra-deep waters off the Southeast and Northeast coast, in the 16th Round of oil and gas exploration block concessions. The bidding process is the first in a sequence of three major auctions... Continue Reading →
OCT 8, 2019 Facing a difficult moment, Enseada Shipyard, in Bahia, has just filed its request for judicial recovery, covering R$ 2.3 billion in competition claims *. The decision was taken to implement a definitive financial restructuring of the company, which has been facing severe financial problems in recent years. Despite the request for recovery,... Continue Reading →
October 8, 2019 Petróleo Brasileiro SA - Petrobras, following up on the release of 11/28/2018, reports that today it completed the sale of its interests in Pargo, Carapeba and Vermelho fields, located in shallow waters off the coast of the State of Rio de Janeiro, to Perenco Petróleo e Gás do Brasil Ltda (“Perenco”). After... Continue Reading →
Danish vessel provider Maersk Supply Service will provide an integrated mooring lines life extension solution for Shell’s FPSO Fluminense, including project management, engineering, interface management, and offshore execution off the coast of Rio de Janeiro. Maersk Supply said on Wednesday that the offshore phase is expected to start in December. The project includes heading control... Continue Reading →
Dutch FPSO operator SBM Offshore has confirmed a formal closure of its Brazil legacy case related to legacy bribery issues in Brazil. According to SBM Offshore’s statement on Wednesday, the company has received notification that the Federal Court has formally closed the Improbity Lawsuit filed by the Brazilian Federal Prosecutors Office (Ministério Público Federal, MPF)... Continue Reading →
OCT 07, 2019 Brazil may receive investments to build at least 15 new pipelines in the coming years in this wave of expansion of the country's gas market. All from private investments. At least that's what the Energy Research Company (EPE) is projecting as potential for a new market. If this forecast is confirmed, it... Continue Reading →
Oct 8, 2019 The ANP board approved the extension of the Roncador field concession contract, in the deep waters of the Campos Basin, for another 27 years. Round Zero Field, the area also had its development plan approved by the agency. - Round Zero was the auction that ratified the fields that would be with... Continue Reading →
(Reuters) - Brazilian state bank Caixa Economica Federal has filed a legal motion requesting the liquidation of engineering conglomerate Odebrecht SA, according to court documents seen by Reuters, in what could be a dramatic end to the graft-plagued company. Caixa also demanded that creditors appoint new management at the conglomerate and its subsidiaries if the... Continue Reading →
(Reuters) - State-run oil company Petroleo Brasileiro has collected 133 tonnes of oil along Brazil’s northeastern shoreline, Chief Executive Roberto Castello Branco said on Tuesday, in an unexplained mystery he said was worrying. Speaking with lawmakers, he said the company had not identified any of its own oil in its analyses. He also said that,... Continue Reading →
Oct 7, 2019 Petrobras has requested from the Brazilian Institute of Environment and Natural Resources (Ibama) the Preliminary License and the Installation License for the implementation of the Offshore Wind Generation Pilot Plant, about 20 km off the coast of Guamaré, in Ubarana Field, in Rio Grande do Norte. It was determined environmental study.
Brazil Energy Insight 