By Lise Alves on October 25, 2016 Brazil's President Temer says country is creating favorable environment for private, foreign investors to enter pre-salt sector. By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The largest conference in Latin America in the oil and gas sector, Rio Oil & Gas 2016, began on Monday,... Continue Reading →
RigNet and MODEC Sign Agreement to Deliver Fiber-equivalent O3b Satellite Connectivity to Offshore Brazilian FPSO Fleet
/js/libs/html5shiv-printshiv.js Leading global provider of floating production services to the oil and gas industry chooses O3b to help lower costs and improve operational efficiency, gaining significant competitive advantage October 24, 2016 ST. HELIER, Jersey--(BUSINESS WIRE)--O3b Networks, technology solutions company RigNet and floating production service provider MODEC, are pleased to announce an agreement to provide high-throughput,... Continue Reading →
Petrobras and Total form a Strategic Alliance in Upstream and Downstream
Rio de Janeiro, October 24, 2016 – Petróleo Brasileiro S.A. – Petrobras and Total inform that Pedro Parente, CEO of Petrobras and Patrick Pouyanné, Chairman and CEO of Total are signing today, in Rio de Janeiro, a Memorandum of Understanding which sets the general framework for a Strategic Alliance covering Upstream and Downstream activities in... Continue Reading →
Petrobras signs strategic alliance with Total in the areas of Exploration and Production and Gas and Power
Oct. 24, 2016 Petrobras president, Pedro Parente, and the president of Total, Patrick POUYANNE, signed a memorandum of understanding to consolidate a strategic alliance in the segments of Exploration and Production (E & P) and Gas and Energy (G & E) in Brazil and potential opportunities abroad. From this memo, the companies are committed... Continue Reading →
AQUALIS WINS OFFSHORE SERVICES CONTRACTS IN THREE PRE-SALT PLATFORMS
20 Out, 2016 Norwegian engineering consultancy Aqualis Offshore was contracted by Japanese company Modec and the BrasFELS shipyard to provide services in three platform ships for the pre-salt layer. Modec contracted Aqualis to work for the integration of the FPSO City Campos dos Goytacazes MV29 in the BrasFELS shipyard in Angra dos Reis, in the... Continue Reading →
Brazil oil regulator says it will cut 350 rules in 2016
Mon Oct 17, 2016 | Reuters Brazil's oil regulator ANP will extinguish about 350 rules in 2016 as part of efforts to attract investment to Brazil by simplifying regulations after a fall in world oil prices, the agency's outgoing chief Magda Chambriard said on Monday. In an interview with Reuters she also said the planned sale... Continue Reading →
Petrobras – Oil and natural gas production in September
Rio de Janeiro, October 17, 2016 – Petróleo Brasileiro S.A. – Petrobras informs that its total oil and gas production in September was 2.88 million barrels of oil equivalent per day (boed), a 1.4% increase in comparison to the previous month. Of this total, 2.75 million boed were produced in Brazil and 0.13 million abroad.... Continue Reading →
Petrobras and Galp expand partnership in order to strengthen exploratory, development and production activities
10/11/2016 Rio de Janeiro, October 11, 2016 – Petróleo Brasileiro S.A. - Petrobras signed, today, a Memorandum of Understanding (MoU) with Galp Energia, SGPS, S.A. (Galp), aiming to extend the cooperation between the two companies, reinforcing their strategic alliance. Following this MoU, Petrobras and Galp intend to further enhance their partnership, considering potential joint ventures... Continue Reading →
Petrobras faces challenge of decommissioning old platforms
With 74 offshore platforms with more than 25 years of operation, Petrobras is expanding the development of their decommissioning projects, demobilization and removal of equipment at the end of an offshore oil production system. Under development or planning are the Cação fields in the Espirito Santo Basin and Marlim fields, in the Campos Basin. Solange... Continue Reading →
Petrobras Says Deep-Water Opening Luring Big Oil to Brazil
International oil companies are reaching out to Brazil after it opened its most promising offshore region to increased competition, a move welcomed by Petrobras Chief Executive Officer Pedro Parente as he seeks partners to spread investment costs. Producers rushed to contact Houston-based Brazilian officials last week after Congress removed a requirement that Petrobras control operations at... Continue Reading →
