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Petrobras has signed contracts worth R$16.5 billion for the construction and chartering of 12 Platform Supply Vessels (PSV). Of the total value of the contracts, R$5.2 billion are earmarked for investments in shipbuilding in Brazil. These vessels will be essential for the company's Exploration and Production logistics operations until 2028. The contracts, signed with the... Continue Reading →
(OE) Global energy technology company SLB, through its OneSubsea joint venture, has secured a contract with Petrobras for the delivery of two subsea raw seawater injection (RWI) systems to increase production at the Búzios field, offshore Brazil. Under the contract, SLB OneSubsea will provide two complete subsea RWI systems to support Petrobras’ floating production storage... Continue Reading →
(Reuters) Dutch firm SBM Offshore is considering bidding on a tender launched by Brazil's Petrobras to build up to two oil platforms for the state-run oil firm, SBM's president in Brazil, Jonas Lobo, told Reuters. The tender, to build up to two Floating Production Storage and Offloading (FPSO) vessels, is part of Petrobras' plans to... Continue Reading →
(OE) Following a competitive tender process, energy technology company SLB has secured a new contract with Petrobras for providing integrated services across all of its offshore fields in Brazil. SLB will oversee the construction of more than 100 deepwater wells, utilizing advanced drilling, cementing and drilling fluids technologies on up to nine ultra-deepwater rigs. The... Continue Reading →
(offshore-energy.biz) UK-headquartered energy technology provider TechnipFMC has put the first equipment part of a subsea production system in place for an oil development at the Stabroek block, which ExxonMobil Guyana Limited, a subsidiary of the U.S.-headquartered energy giant ExxonMobil, operates off the coast of Guyana. ExxonMobil hired TechnipFMC in May 2023 to provide a subsea production... Continue Reading →
(OE) Brazil's state-run oil firm Petrobras PETR4.SA cut $1.1 billion in planned investments in decommissioning oil and gas platforms in its strategic plan for the 2025-2029 period, compared to what was earmarked in its 2024-2028 plan, the company told Reuters. Petrobras expects to invest $9.9 billion in platform decommissioning through 2029, compared with more than... Continue Reading →
(Reuters) Brazil's state-run Pre-Sal Petroleo (PPSA) will hold an oil auction on June 25 for an estimated 78 million barrels, the firm's head of finance Samir Awad said on Thursday. The volume to be auctioned off next year will be more than double what was auctioned off this year, Awad told journalists on the sidelines... Continue Reading →
December 5, 2024 - PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3) hereby informs its shareholders and the market in general that after satisfaction of the conditions precedent, the formal procedures for the closing of the acquisition of 40% interest in the Peregrino and Pitangola Fields (“Field” or “Peregrino”) have been concluded and, as of this... Continue Reading →
Petrobras, following up on communication of October 3, 2024, through its wholly-owned subsidiary Petrobras International Braspetro B.V. - Colombia Branch (PIB-COL), and Ecopetrol confirm the largest gas discovery in the history of Colombia with the drilling of the Sirius-2 well. The drilling of Sirius-2 began on June 19, 2024. The well is located within the... Continue Reading →
PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices incorporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of November. Key: (1) The production of the Frade field was affected by a failure during the update of the turret's communication system. (2) In the Polvo and Tubarão Martelo cluster, production... Continue Reading →
Brazil Energy Insight 