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July 28, 2020 Petrobras will forward a letter of intent (LOI) to Misc for the construction, chartering and operation of the Mero 3 FPSO in the Libra area. The two companies have completed all the internal approval and negotiation processes for contracting the production unit and the most recent projection is that the document to... Continue Reading →
July 27, 2020 Petróleo Brasileiro S.A. – Petrobras informs that it has started the opportunity disclosure stage (teaser), regarding the sale of its entire stake in the exploratory portion of the Tayrona Block, located in the Guajira Basin, Colombia. The teaser, which includes key information about the opportunity, as well as the eligibility criteria for... Continue Reading →
\ July 24, 2020 Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on July 24, 2019, informs that, due to the impact caused by the COVID-19 pandemic and the difficulty to address the previous conditions initially defined, in common agreement with Karoon Petróleo & Gás Ltda (Karoon), a subsidiary of Karoon Energy... Continue Reading →
July 24, 2020 Petróleo Brasileiro S.A. – Petrobras informs that its Executive Board approved today the beginning of the contracting processes for three new Floating Production Storage and Offloading (FPSOs) platforms for the Búzios field, in the Santos Basin pre-salt. The three new units are part of the Asset Development Plan, which envisages a total... Continue Reading →
Brazilian state-controlled oil company Petrobras said on Friday it has approved the start of a tender to build three new floating platforms, known as FPSOs, in the Buzios oilfield, one of the biggest deepwater discoveries this century. Earlier in July, Reuters reported that Petroleo Brasileiro SA, as the company is formally known, was preparing to... Continue Reading →
Jul 22, 2020 Constellation, Ocyan, Seadrill and Vallaris have qualified for the second phase of Petrobras' bidding for the chartering of one or more 2,400 m rigs for the Mero field, in the Santos cluster. The companies presented the best proposals in phase I, with non-binding prices for the “as is” stage. Source: PetroleoHoje
Jul 21, 2020 Brazilian oil production resumed growth in June, after four months of stagnation. According to new data from the National Petroleum Agency (ANP), Brazil extracted 3.01 million barrels of oil per day, an increase of almost 9% compared to the previous month. This was the first time that national production returned to the... Continue Reading →
Jul 21, 2020 Since December, Petrobrás had been receiving bid proposals for the chartering of drill rigs for water depths up to 700 meters. But, after a few postponements, the company decided to cancel the tender, leaving a the companies that worked in the bids and invested funds to prepare the proposals frustrated and at... Continue Reading →
Jul 20, 2020 Oceânica Engenharia e Consultoria signed a contract with Petrobras to provide underwater intervention services in water depths of up to 3 thousand m. The scope includes engineering services, painting (anti-corrosion), equipment certification and recertification, manufacturing and assembly, material characterization, computer simulations and underwater operations practices, among other activities. Source: PetroleoHoje
Brazil increased crude exports to Asia in the first half of the year, stealing a slice of a coveted developing market from global rivals who made record cuts to shipments to match the unprecedented fall in demand caused by the coronavirus pandemic. The rise reflects Brazil’s growing clout among global oil producers as its massive... Continue Reading →
