Brought to you by Quest Offshore & Southern Cone Consultants
Sept. 30 - After departing the Benoi shipyard in Singapore on July 13th, the FPSO P-78 arrived today, September 30th, at the Búzios Field, in the pre-salt layer of the Santos Basin. The unit will now be connected to the wells to begin production shortly. The Búzios Field is located in ultra-deep waters of the Santos Basin at depths of up to 2,100... Continue Reading →
Aug 27 (Reuters) - Brazilian state-run oil firm Petrobras on Wednesday concluded an emergency drill in the country's Foz do Amazonas basin, the company and Brazil's environmental agency said, marking one of the final steps needed to secure a controversial exploration license at the mouth of the Amazon river. Petrobras considers the drill, a pre-operational... Continue Reading →
(offshore-energy.biz) Norway-headquartered asset integrity management company Axess Group has won contracts with Singapore’s Seatrium to secure compliance with Brazilian standards for six floating production storage and offloading (FPSO) units set to work with Brazil’s state-owned energy giant Petrobras. The Norwegian player disclosed that it will assist Seatrium with Brazilian Regulatory Compliance (BRC) services for six... Continue Reading →
BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3:BRAV3), pursuant to CVM Resolution No. 44, following the material facts disclosed on December 27, 2024 and January 10, 2025, hereby informs its investors and the market in general that, in a meeting held on January 23, 2025, the Board of Directors deliberated on the qualified bidders for the... Continue Reading →
Petróleo Brasileiro S.A – Petrobras informs that it has received correspondence from minority shareholders of the Company requesting the convening of an Extraordinary General Meeting ("EGM") for the election of members of the Board of Directors ("BoD") and for the chairmanship of the BoD, under the argument that there would have been dismissal of a... Continue Reading →
(Reuters) Petrobras' new chief executive said a basin in Brazil's Equatorial Margin, an environmentally sensitive offshore prospect seen as the country's most promising frontier for oil exploration, was a matter of "national interest." Magda Chambriard, who took over as the state-controlled oil company's chief executive after President Luiz Inacio Lula da Silva fired its former... Continue Reading →
(Reuters) - Brazilian President Luiz Inacio Lula da Silva may soon discover that swapping the CEO of Petrobras (PETR4.SA), opens new tab is not enough to turn the state-run oil company into the engine for job creation and development it was during his first 2002-2010 terms. Lula last week tasked incoming CEO Magda Chambriard with speeding up investments in... Continue Reading →
(Reuters) A Brazilian judge has suspended the chair of state oil firm Petrobras, Pietro Sampaio Mendes, over a conflict of interest regarding his role in the Ministry of Energy, a court decision seen by Reuters on Thursday showed. The ruling by Sao Paulo Judge Paulo Cezar Neves Junior also ordered wage and salary payments to... Continue Reading →
Brazil Energy Insight 