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JAN 8 , 2020 SOTREQ Caterpillar dealer will supply a package consisting of seven 3.45 MW gas generators to Eneva, which is responsible for gas exploration in the Azulão field. It is a project that will be integrated with TPP Jaguatirica II, in Roraima. After liquefied and stored in the Azulão, the gas will be... Continue Reading →
Jan 7, 2020 Pre-Sal Petróleo (PPSA), which is responsible for representing the Union in the production sharing agreements, has signed with Petrobras an agreement for the commercialization of the gas production of the Union of Southwest Tartaruga Verde Field. The agreement will be effective from January 1 to December 31, 2020 and provides that the... Continue Reading →
Jan 3, 2020 Equinor forecasts two FPSOs for Carcará Equinor will install two FPSO-type platforms to produce oil and gas in Carcará, in the Santos Basin pre-salt. The first production unit, with a capacity of 220,000 barrels per day of oil and 15 million m³ / day of natural gas, will be the largest in... Continue Reading →
January 3, 2020 A 313 km long pipeline, being 294 km offshore and 19 km onshore, linking the Santos Basin pre-salt production hub to Madeira Island at the Itaguaí Port in Rio de Janeiro. This is Cosan's new project for harnessing pre-salt ultra-deepwater gas, in a project that begins with the discovery of Carcarcá, operator... Continue Reading →
From 2015 to now, ExxonMobil has made 15 discoveries of oil wells offshore Guyana. It has always been keen to divulge details to the citizenry about the significance of its oil finds. But the same cannot be said for its gas discoveries. Up to three months ago, the oil operator told the media that it... Continue Reading →
December 30, 2019 Petróleo Brasileiro S.A. - Petrobras informs that signed on 12/27/2019 a Transition Agreement under the natural gas supply agreement (GSA) with Yacimientos Petrolíferos Fiscales Bolivianos (YPFB). The Agreement establishes a transition period (from 01/01/2020 to 03/10/2020) in the GSA, in which Petrobras and YPFB will continue the negotiation process with the objective... Continue Reading →
-Patria Investments, Shell and Mitsubishi Hitachi Power Systems Americas (MHPS) have announced the signing of a contract with Brazil’s State-owned development bank (BNDES) to finance the gas-powered Marlim Azul Energia thermoelectric plant, in Macaé (Rio de Janeiro State). The loan approved by the federal bank for the construction of the plant is R$ 2 billion,... Continue Reading →
December 18, 2019 Petróleo Brasileiro S.A. - Petrobras reports that it has completed the economic feasibility study regarding the completion of the Comperj refinery construction, together with the Chinese company CNPC and its affiliates, under the agreements to implement the strategic partnership, as disclosed to the market on October 16, 2018. The study showed that... Continue Reading →
December 11, 2019 Petrobras President Roberto Castello Branco said Wednesday that the company wants to make an initial IPO of Gaspetro in the second half of 2020. The oil company has a commitment to Cade to leave the natural gas distribution segment. According to Castello Branco, however, there is resistance from Mitsui to be the... Continue Reading →
Oil major Chevron has announced that its organic capital and exploratory spending program for 2020 will be $20 billion, the same as this year. Chevron has also decided to reduce spending on gas-related projects and expects to take up to $11 billion charge in 4Q 2019. Chevron said on Tuesday that the 2020 budget supports... Continue Reading →
Brazil Energy Insight 