Oct 02, 2019 Weatherford has signed a contract with Petrobras to supply the oil company with 24 deepwater safety valves. Lasting four years, the deal involves equipment capable of withstanding pressures up to 10,000 psi and water depths up to 3,658 m. Operating in 80 countries, Weatherford provides solutions, technology and services to the oil... Continue Reading →
BNDES – Brazilian Development Bank, wants to finance pipelines
Oct 02, 2019 BNDES will participate in project modeling and financing of the natural gas sector infrastructure, and seeks, among the objectives of the Gas for Development Program, to support projects such as those on routes 4, 5 and 6, aimed at increasing offshore production flow capacity in the country. Part of the BNDES Gas... Continue Reading →
Equinor accelerates pre-salt Carcará investments
October 02, 2019 Norwegian company, fourth largest oil company in Brazil, will invest US $ 15 billion in the country. A foreign oil company that has made the most of Petrobras' asset sales to strengthen its presence in Brazil, Norwegian Equinor (formerly Statoil) plans to start investing heavily in its new project portfolio in the... Continue Reading →
PETRORIO – ACQUISITION OF INTEREST IN FRADE
October 2, 2019 Petro Rio S.A. ("Company" or "PetroRio") (B3: PRIO3), in accordance with art. 26 of the Novo Mercado Regulation, and in addition to the Material Facts of October 29, 2018, January 30, 2019, February 13, 2019 and March 25, 2019, informs its shareholders, on this date, conditions precedent having been met and necessary... Continue Reading →