Petrobras on Natural Gas commercial portfolio

Petróleo Brasileiro S.A. – Petrobras informs that it has approved new natural gas sales products and is participating in the competitive public call processes for state distributors with the new commercial portfolio. With the opening of the natural gas market, which already has contracts with more than 14 suppliers, the company has developed a new... Continue Reading →

Venezuela, Trinidad to Continue Talks on Joint Development of Dragon Offshore Gas Field

(Reuters) Venezuela and Trinidad and Tobago will continue negotiations on jointly developing a dormant offshore natural gas field, with a meeting scheduled for mid-June in Caracas, according to three sources familiar with the matter.  Officials from both governments last met in March in Venezuela, where they signed confidentiality agreements required to set up a negotiation... Continue Reading →

Equinor and Partners Invest $9 Billion in BM-C-33 Offshore Project in Brazil

Equinor, Repsol Sinopec Brasil, and Petrobras have taken the investment decision to develop the BM-C-33 project in Brazil. The investment is approximately USD 9 billion. Located in the Campos Basin, BM-C-33 comprises three different pre-salt discoveries – Pão de Açúcar, Gávea and Seat – containing natural gas and oil/condensate recoverable reserves above one billion barrels... Continue Reading →

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