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(Reuters) - Latin America has emerged as a top investing destination as ongoing wars - both of the military and trade variety - make investors seek options in a region they view as refreshingly untroubled by tariffs and major conflicts. Portfolio flows data suggests that investors are largely underexposed to Latin America even as many... Continue Reading →
(splash247.com) Brazilian state-owned oil and gas company Petrobras has launched two tenders for an offshore wind pilot project off the coast of Rio de Janeiro state. One tender is for the acquisition and processing of geophysical data in ultra-shallow waters off São João da Barra. The acquisition, processing, and interpretation services will use electrical tomography,... Continue Reading →
ABB has secured a large order by Seatrium, a global provider of marine engineering solutions based in Singapore, for the supply of electrical equipment and automation solutions on a new generation of floating production storage and offloading (FPSO) vessels for operator Petrobras. The two vessels, P-84 and P-85, will be deployed in the Atapu and... Continue Reading →
(PN) The Energy Research Company (EPE) has completed the technical analysis of the documentation submitted by Equinor to request authorization to begin early construction and installation activities for the gas pipeline to transport specified gas from the Raia Project. EPE considered the project compatible with the sectoral planning and recommended its authorization, highlighting its importance... Continue Reading →
(PN) Petrobras notified the National Petroleum Agency (ANP) about the discovery of oil signs in well 3-BRSA-1398-RJS, located in the Alto de Cabo Frio Central block, in the pre-salt area of the Campos Basin. The well is located in a water depth of 2,276 meters. The drilling of the well began at the end of... Continue Reading →
(eixos.com.br) On Friday, the federal government dismissed the National Secretary for Energy Transition and Planning of the Ministry of Mines and Energy (MME), Thiago Barral The decision was published in an extra edition of the Official Gazette of the Union (DOU), signed by the Chief of Staff of the Civil House, Rui Costa, while the... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras announces that it has been served in a lawsuit filed by Sete Brasil Participações S.A. and its subsidiaries (SPEs), seeking, in general terms, compensation for alleged losses related to the Drilling Rigs Project (“Projeto Sondas”). The amount unilaterally claimed by Sete Brasil in the lawsuit is R$ 36 billion. Petrobras... Continue Reading →
BRAVA ENERGIA S.A. (“BRAVA” or the “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, hereby informs its investors and the market in general that, on this date, it has entered into an Asset Purchase and Sale Agreement (the “Agreement”) with PETRORECONCAVO S.A. (“PetroReconcavo”), regarding the sale of 50% of (i) the Natural Gas Processing... Continue Reading →
(Reuters) Petrobras aims to make Africa its main region of development outside Brazil, the state-run oil giant's CEO told Reuters on Thursday during a wide-ranging interview about the company's strategy. Ivory Coast has extended the "red carpet" for Petrobras to explore deep and ultra-deep waters off its coast, when it gave the company preference in... Continue Reading →
PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices incorporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of May. Key: (1) Following the scheduled shutdown, the resumption of Frade’s operations was impacted by a failure in the gas compression system, which is expected to be resolved in the... Continue Reading →
Brazil Energy Insight 