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(OE) SLB’s OneSubsea joint venture has secured a major contract by Petrobras to deliver full subsea equipment scope for one of Brazil’s five largest producing assets. As part of the project scope, OneSubsea will provide two subsea production manifolds, one electro-hydraulic distribution unit and additional related services. The project supports the further development of the... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on Communication of December 13, 2023 and August, 30, 2024, informs that it has signed the three remaining concession contracts from the 4th Permanent Concession Offer Cycle, acquired in partnership with Shell and CNOOC, at the public session held by the National Agency of Petroleum, Natural Gas and... Continue Reading →
(Reuters) - A pipeline that would allow Guyana to bring natural gas produced by an Exxon Mobil-led (XOM.N), opens new tab consortium to shore has been connected to two of the project's floating production platforms, Exxon's head for Guyana was reported as saying on Wednesday. The "Gas-to-Energy" project by Guyana's government aims to feed a 300-megawatts power... Continue Reading →
(offshore-energy.biz) With upgrades and sea trials now out of the way, a newbuild ultra-deepwater drillship is ready to embark on a voyage to Brazil, where it will begin its maiden offshore drilling assignment with the South American country’s energy giant Petrobras. Once Eldorado Drilling, an offshore drilling player backed by a group of well-known Norwegian investors,... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras reports that the Total Utilization Factor (FUT) of its refineries reached 96.8% in September, representing the highest monthly result in 2024. As a result, the accumulated FUT for the third quarter of the year (3Q24) reached 95.2%. The third quarter of this year also registered a record in the processing... Continue Reading →
(Bloomberg) Petrobras is nearing a deal with Brazil regulators allowing it to move forward with plans to redevelop the massive Tupi oil field that could reinvigorate the country's stalled production, the company's head of exploration and production Sylvia dos Anjos told Bloomberg on Friday. The company expects to resolve a long-running tax dispute with regulator ANP by year-end... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the announcements to the market issued on July 29, 2022 and August 5, 2024 on the extension of the gas discoveries in the Uchuva-1 and Uchuva-2 wells, renamed Sirius-1 and Sirius-2, informs that the gas potential in the discoveries located in the Guajira Offshore Basin, in Colombia,... Continue Reading →
(offshore-energy.biz) Offshore drilling player Hanwha Drilling, part of South Korea’s Hanwha Ocean, has secured its first multimillion-dollar contract for a seventh-generation drillship, which will work off the coast of Brazil for the South American country’s energy giant Petrobras. Hanwha Drilling, with its partner, Constellation Oil Services, a Brazilian drilling contractor, has won its first contract for... Continue Reading →
(PN) The Brazilian Institute of the Environment (Ibama) has granted the operating license for FPSO Maria Quitéria, which is already installed in the Jubarte field, in the Espírito Santo portion of the Campos Basin. The platform was only supposed to start operating in 2025, but Petrobras brought forward the first oil from the unit, which... Continue Reading →
(TN) ANP released the Monthly Bulletin of Oil and Natural Gas Production for August 2024, which brings consolidated data on national production. Total Brazil production (oil + natural gas) was 4.345 million barrels of oil equivalent per day (boe/d). With regard to oil, 3.340 million barrels per day (bbl/d) were extracted, an increase of 3.4%... Continue Reading →
Brazil Energy Insight 