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June 17, 2019 Petróleo Brasileiro SA - Petrobras, regarding the news published in the media, related the discovery of natural gas in the Sergipe Basin, clarifies that, in recent years, six deepwater discoveries have been confirmed in the Sergipe Basin: Cumbe, Barra, Farfan, Muriú, Moita Bonita and Poço Verde, as already disclosed to the market.... Continue Reading →
June 14, 2019 With the resumption of exploratory block auctions and the acceleration of Petrobras divestments, new concessionaires are appearing in the Brazilian market. The most recent examples are those of BW Energy, which acquired the Maromba field, and Perenco and Seacrest, which have agreed to purchase Pampo and Enchova in partnership with Ouro Preto... Continue Reading →
June 14, 2019 At least four foreign oil companies are closely monitoring the Transfer of Rights oil surplus auction. The multinationals BP, Shell, Total and Petrogal have officially expressed some concerns about how the financial compensation will be paid to Petrobras and recently sent to the Ministry of Mines and Energy (MME) some contributions to... Continue Reading →
June 14, 2019 Petrobras will convene Modec and Yinson next week to begin direct negotiation of the daily rates offered in the bidding for the FPSOs charter of the Marlim revitalization project in the Campos Basin. Modec presented the lowest prices for the two systems, with values between US $ 570,000 / day and US... Continue Reading →
Brazilian subsidiary of Norwegian offshore vessel provider DOF has received an extension for one of its anchor handling tug and supply (AHTS) vessels working in Brazil. DOF said on Friday that its subsidiary – Norskan – had won a one-year extension for the Skandi Botafogo vessel from Brazilian oil major Petrobras. According to the company,... Continue Reading →
June 11, 2019 Submarine equipment, vessels, rigs and platforms: the enormous network that the company maintains to develop its deepwater assets. Since the discovery of the Garoupa field in 1974, Petrobras has embarked on a successful path to developing offshore reserves, becoming a world reference in E & P in deep and ultra deep waters... Continue Reading →
05/28/2019 The Petroleum Terminal (T-OIL) of Açu Petróleo (a joint venture of Prumo Logística and Oiltanking), located in the Porto Açu Complex in northern Rio de Janeiro, on May 24 and 25, performed the first Petrobras transhipment operation). The operation refers to the contract signed with the state company on March this year, with an... Continue Reading →
TechnipFMC has been awarded by Petrobras, on behalf of the Libra Consortium, comprised of Petrobras, Shell, Total, CNOOC Limited, CNPC and Pré-Sal Petróleo (PPSA), a large engineering, procurement, construction and installation (EPCI) contract for the Mero 1 pre-salt field, located in the Santos Basin, at 2,100 meters of water depth offshore Brazil. The contract covers... Continue Reading →
Rio de Janeiro, December 14, 2017 - Petróleo Brasileiro SA - Petrobras informs that today it presented to the National Energy Policy Council (CNPE) a manifestation of interest in exercising the preemptive right for the 4th Exploration Block Bid Round under the production sharing regime, pursuant to Law 12,351 / 2010 and Federal Decree... Continue Reading →
Norwegian oil major Statoil has completed the acquisition of a ten percent stake in the BM-S-8 block, located in the Santos basin offshore Brazil, from Queiroz Galvão Exploração e Produção (QGEP). Statoil said on Wednesday that QGEP’s 10% interest in the block was bought through a transaction announced in July for a total consideration of... Continue Reading →
Brazil Energy Insight 