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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.
Petrobras informs, in addition to the press release issued on August 9, 2019, that the Comisión Nacional de Valores (CNV), the Argentine capital market regulator, has authorized the withdrawal of its shares from the public offering regime, exempting the company from promoting a public offering for the acquisition of shares in accordance with CNV General... Continue Reading →
Brazilian drilling contractor Sete Brasil has reached agreements with Singapore’s rig builders Keppel Offshore & Marine and Sembcorp Marine related to contracts for the construction of six semi-submersible rigs and seven drillships, respectively. Sete Brasil was formed in 2011 to own and operate drilling rigs to be used by Petrobras for drilling offshore Brazil. The... Continue Reading →
Oct 4, 2019 In October, the federal government should hold a meeting of the National Energy Policy Council to authorize the areas that will enter the auction in the 17th bidding round, scheduled for 2020. - The board of the National Petroleum Agency (ANP) last month approved the selection of 120 exploratory blocks for the... Continue Reading →
Brazil Energy Insight 