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 →
Petrobras reports on production start-up of P-68
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 →
Petrobras – Tender for offshore platform maintenance services
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 →
SPIC BRASIL, PRUMO GROUP AND SIEMENS AG SIGN A COOPERATION AGREEMENT FOR THE DEVELOPMENT OF ENERGY PROJECTS IN BRAZIL
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 →
ANP – Contracts increase revenue
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 →
SHELL SIGNS CONTRACT TO SUPPLY LNG IN PARÁ
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 →
Petrobras discloses binding phase for onshore fields
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 Expands Latin America Offering with Seaborn Networks
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
VIDEO: Peregrino C topside, living quarters set sail for Brazil
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 →
Interruption of past oil auctions is resulting in declining commerciality declarations in Brazil
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 →