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Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on March 14, 2023, informs that it obtained, on Friday (03/31), authorization from the National Agency of Petroleum, Natural Gas and Biofuels (ANP) to resume production from the Araçás field, located in the Bahia Terra Cluster. Thus, the company started the execution of operational... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that its Board of Directors has considered, on today's date, the content of Official Letter 166/2023/GM-MME, of 02/28/2023, and of Official Letter 257/2023/GM-MME, of 03/29/2023, and considering its attributions, concluded that the review of the investment and divestment processes must be carried out based on the Company's "Strategic Plan",... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed to the market on 03/17/2023, informs that it received Official Letter 257/2023/GM-MME from the Ministry of Mines and Energy (MME), on today's date, in the following terms: 1. Petrobras disclosed a material fact on March 17, 2023, informing that its Executive Board forwarded, for... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, regarding the pieces of news published in the media, informs that no decision has been made by the Executive Board or the Board of Directors in relation to the Braskem divestment process. Petrobras clarifies that all actions related to its participation in Braskem require careful analysis from a portfolio management... Continue Reading →
Petro Rio S.A. (the “Company” or “PRIO”) (B3: PRIO3) informs its shareholders and the market in general of the closing of the acquisition of 40% interest in the BM-C-32 Block (“Itaipu Field” or “Itaipu”), acquired from Total Energies E&P Brasil Ltda., following the Material Fact released on September 26, 2022. Together with the 60% interest... Continue Reading →
A.P. Moller – Maersk (Maersk) has reached an agreement with A.P. Moller Holding, the parent company of the A.P. Moller Group, to divest Maersk Supply Service (MSS), specializing in the provision of global offshore marine services and project solutions for the energy sector. The move is part of Maersk’s strategy around integrated logistics and separation... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on March 1, 2023, informs that its Executive Board has forwarded for the appreciation of the Board of Directors the following proposal for response to Letter 166/2023/GM-MME from the Ministry of Mines and Energy (MME): we carried out a preliminary study on the divestment... Continue Reading →
Oslo-listed oil and gas company BW Energy said Thursday the process to acquire Petrobras' interests in working interest in Golfinho and Camarupim deepwater oil fields and the related FPSO from Saipem was about to resume. In June 2022, BW Energy signed an agreement to acquire 100% working interest (WI) in the Golfinho and Camarupim Clusters and 65%... Continue Reading →
BW Offshore said Wednesday it had closed the transaction for the sale of the FPSO BW Opportunity for $125 million to an undisclosed third party. The Oslo-listed FPSO provider last Friday said it had agreed to sell the laid-up FPSO to an unnamed buyer. The company said last Friday it was also exploring the commercial principles... Continue Reading →
Oil and gas company Karoon said Wednesday that production had started from the PAT-2 at the Patola field in the BM-S-40 production license in Brazil. The well, one of two new production wells drilled at the field, came onstream on March 15, 2023 at a rate of 12,000 – 14,000 bopd. This followed the installation... Continue Reading →
Brazil Energy Insight 