Oct 24, 2019 With an eye on the development of the Carcará and Carcará Norte areas in the Santos Basin, Equinor engaged Seabed Geosolutions to run its first 3D seismic campaign with ocean-bottom nodes in the country. The campaign will cover an area of 410 km², in deep water. Mapping will begin in the second... Continue Reading →
Siemens expects oil, gas revenues in Brazil to double in 2020 from 2018
Oct 24, 2019 (Reuters) - Germany’s Siemens expects revenue from its oil and gas division in Brazil in 2020 to double compared to 2018 levels, an executive said on Thursday, citing upcoming oil auctions that could total around $26 billion. The company does not disclose revenues by division but in 2018 it hit 4.1 billion... Continue Reading →
Petrobras starts non-binding phase of refineries
Oct 24, 2019 Petrobras, following up on the press release issued on September 13, 2019, reports the beginning of the non-binding phase related to the sale of downstream assets, which includes: Isaac Sabbá Refinery (REMAN) in Amazonas, Lubrificantes e Derivados de Petróleo do Nordeste (LUBNOR) in Ceará, and the Shale Industrialization Unit (SIX) in Paraná,... Continue Reading →
Petrobras´ Performance – 3Q2019
Oct 24, 2019 MESSAGE FROM THE CEO The company's performance in 3Q19 is already starting to reflect the implementation of our value creation strategy. Oil and gas production reached a record level of 3.0 MMboed in August, when a daily record of 3.1 MMboed was also reached. The ramp-up of the new platforms significantly influenced... Continue Reading →
KAROON seeks financing to finalize acquisition of Bauna field in the Santos Basin
Oct 24, 2019 Karoon will raise AUD 284 million (US $ 194.42 million) to complete financing for the acquisition of the Bauna field, located in block BM-S-40, in the Santos Basin. The operation also aims to support future projects of the company. According to Karoon director Robert Hosking, the measure represents the final stage of... Continue Reading →
Petrobras, Brazil top FPSO deployment charts
Petrobras and Brazil will continue to dominate the deployment of global FPSOs over the next five years, data and analytics company GlobalData has reported. According to GlobalData, Petrobras is expected to deploy six planned and nine announced FPSOs by 2025. GlobalData says that during the 2019 – 2025 period, the year 2023 will witness the... Continue Reading →
Equinor’s Peregrino C jacket sails to final destination in Brazil
The Peregrino C jacket, built by Heerema Fabrication Group for Equinor, has left a fabrication yard in the Netherlands and sailed away to Brazil. Equinor awarded Heerema Fabrication Group the procurement & construction contract for the Peregrino II WHP C Jacket in May 2017. The construction started in November 2017 at Heerema’s Vlissingen yard. In a social media post... Continue Reading →
Petrobras on Amendment to Transfer of Rights Agreement
October 23, 2019 -Petróleo Brasileiro S.A. - Petrobras, in addition to the press release issued on May 21, 2019, reports that its Board of Directors has ratified the signature and approved adjustments to the draft Amendment to the Transfer of Rights Agreement. Such ratification occurs after the issuing of MME Ordinance No. 265 of June... Continue Reading →
PETROBRAS 3RD QUARTER RESULTS ANNOUNCEMENT – 2019
Thursday, October 24th, 2019 (after B3’s trading hours) Conference Call and Webcast Date: Friday, October 25th, 2019 Time: In English: 11:30 am (Rio de Janeiro) | 10:30 am (New York) | 3:30 pm (London) In Portuguese: 10 am (Rio de Janeiro) | 9 am (New York) | 2 pm (London) Participants calling from: Brazil: +55... Continue Reading →
PETROBRAS SIGNS CONTRACT TO REPLACE THE P-71 GENERATORS
Oct 23, 2019 After nearly five months of negotiations, Petrobras signs contract to replace lost shipwrecked equipment Siemens and Petrobras signed a contract to supply four generators for the P-71, replacing those lost in the shipwreck in mid-May. According to sources, the removal of the new equipment will be made until January by the winner... Continue Reading →