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Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 12/22/2021, informs that, as part of the actions taken to open the Brazilian natural gas market, signed, in 09/30/2022, with Nova Transportadora do Sudeste S.A. (NTS) the Flexibility Reduction Agreement to be used by Petrobras (Agreement) and amendments to the Malha Sudeste, Malha... Continue Reading →
Petro Rio S.A. ("PRIO") (B3: PRIO3) informs that the Board of Directors approved the acquisition of up to 5.43% of the total shares issued by PRIO ("Share Buyback Program"). The Share Buyback may occur in one or more operations, and PRIO's Board of Directors will define the volumes in due course, considering the following conditions:... Continue Reading →
Petro Rio S.A. (PRIO”), following the Material Fact disclosed on the September 1st, 2022, informs its shareholders and the market in general that, on October 1, 2022, the Company’s Board of Directors approved, and the managements of the Company, as consenting intervening party, and of Dommo Energia S.A (“Dommo”) and Petro Rio OPCO Exploração Petrolífera... Continue Reading →
(OED) Vattenfall has granted Aker Solutions and Siemens Energy consortium a limited notice to proceed contract for the Norfolk Boreas offshore wind project off the coast of Norfolk, UK. Under the agreement, Aker Solutions and Siemens Energy will provide the grid connection infrastructure for the Norfolk Boreas Offshore Wind Farm. This includes the engineering, procurement,... Continue Reading →
Norwegian offshore vessel owner Solstad Offshore has been awarded a new contract offshore Brazil for one of its platform supply vessels (PSVs). Solstad Offshore informed on Monday that PSV Normand Titus has been booked by Trident Energy do Brasil for work in Brazilian waters, where Trident operates and owns 100 per cent working interest in ten concessions. The... Continue Reading →
Oilfield services firm Baker Hughes said Friday it had secured a new service contract for maintenance and monitoring of turbomachinery equipment operations at Coral Sul FLNG, the first deepwater floating liquefied natural gas (LNG) unit operating off the coast of Mozambique on the Eni-led Coral South project. The contract also includes a provision of resident... Continue Reading →
Brazilian oil and gas company Enauta said Friday that the production at the Manati field offshore Brazil has been interrupted due to the reduction in gas demand. "According to Petróleo Brasileiro S.A. (Petrobras), field operator and buyer of the gas produced by Manati, this reduction is due to the supply and demand conditions of the... Continue Reading →
(U) Prio plans to start drilling four development wells in the Wahoo oil field offshore Brazil, the company said this week. It will be connected via a subsea tieback to the Frade oil field, which it also owns, the independent oil company said in a statement issued at the Rio Oil & Gas 2022 conference.... Continue Reading →
(OE) Samsung Heavy Industries (SHI) has signed a "Strategic Collaboration Agreement" with Equinor, Norway's largest energy company, to strengthen its competitiveness in the offshore EPC business. According to SHI, the two companies have recognized that a longer-term and closer collaboration on the future project portfolio could be mutually beneficial for Equinor's future projects requiring "Asian... Continue Reading →
(U) Brazilian logistics player Prumo and local energy distribution company Neoenergia have signed a memorandum of understanding to develop studies for the production of green hydrogen and offshore wind generation in the Acu Port area of Rio de Janeiro state. The announcement involving Prumo — a partnership between EIG Global Energy Partners and Mubadala Investment... Continue Reading →
Brazil Energy Insight 