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Oct 02/2019 According to ANP, the August 2019, oil and natural gas production in Brazil totaled 3.828 million barrels of oil equivalent per day (MMboe / d). Oil production was approximately 2.989 million barrels per day (MMbbl / d), an increase of 7.7% from the previous month and 18.5% from August 2018. The volume exceeded... Continue Reading →
Oct 02, 2019 BW Offshore finalized the transfer of E&P assets to BW Energy, the former subsidiary. As a result, BW Energy becomes an independent E&P company based in Bermuda. BW Offshore's decision to separate its share of E&P was announced in May this year. The goal is for BW Energy to be open to... Continue Reading →
October 02, 2019 Norwegian company, fourth largest oil company in Brazil, will invest US $ 15 billion in the country. A foreign oil company that has made the most of Petrobras' asset sales to strengthen its presence in Brazil, Norwegian Equinor (formerly Statoil) plans to start investing heavily in its new project portfolio in the... Continue Reading →
October 2, 2019 Petro Rio S.A. ("Company" or "PetroRio") (B3: PRIO3), in accordance with art. 26 of the Novo Mercado Regulation, and in addition to the Material Facts of October 29, 2018, January 30, 2019, February 13, 2019 and March 25, 2019, informs its shareholders, on this date, conditions precedent having been met and necessary... Continue Reading →
Oslo-headquartered TMC Compressors of the Seas said on Monday it has been awarded a contract from Chinese shipyard Shanghai Waigaoqiao Shipbuilding to supply the marine compressed air system to the Liza Unity floating production, storage and offloading unit (FPSO). Under the contract, TMC will provide a large compressed air system consisting of frequency-controlled instrument air... Continue Reading →
Oct 01, 2019 Modec will define, in the coming months, the shipyards from abroad and from Brazil that will work on the Buzios FPSO, which will operate for Petrobras in the Santos cluster in 2021. The project should follow the company's previous platform construction model, with hull conversion in Asia and part of module manufacturing... Continue Reading →
MATERIAL FACT POLVO DRILLING CAMPAIGN AND FUNDING Rio de Janeiro, September 30, 2019 - Petro Rio S.A. ("Company" or "PetroRio") (B3: PRIO3), in accordance with art. 26 of the Novo Mercado Regulation, and in addition to the Material Facts of October 30, 2018 and February 21, 2019, announces that on this date, it has begun... Continue Reading →
Sept 30, 2019 Best placed in Petrobras' bid to contract the decommissioning of the fixed platforms of the Cação field in the Espírito Santo Basin, EPIC Applied Technologies was disqualified. According to sources, the decision of the oil company was motivated by the fact that the US group EPIC Companies - of which the company... Continue Reading →
Sept 30, 2019 Union, state and municipal oil revenues will double in five years. According to calculations by the National Agency of Oil, Gas and Biofuels (ANP) obtained by GLOBO, the estimated production of 1.2 million barrels per day of the four areas of the Santos Basin pre-salt, which will be offered in the... Continue Reading →
September 30, 2019 The National Petroleum Agency (ANP) Special Bidding Commission has registered BP, Chevron, CNOOC, CNODC, Ecopetrol, Equinor, ExxonMobil, Petrogal, Petrobras, Petronas, QPI, Shell, Total and Wintershall DEA to bid in the Transfer of Rights surplus auction, which is scheduled for November 6th. The National Congress passed the Bill for the transfer of rights,... Continue Reading →
