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Petro Rio S.A. (“Company” or “PRIO”) informs to its shareholders and the market in general that it entered into an agreement with Aquadrill LLC (“Aquadrill”) that gives PRIO the opportunity to acquire the Capricorn semi-submersible rig ("Rig"). The semi-submersible hybrid Rig, suitable for drilling water depths of 80 to 3,000 meters, will be primary used... Continue Reading →
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”) informs its shareholders, investors and the market in general that, on May 10, 2022, the National Petroleum, Natural Gas and Biofuel Agency (“ANP”) approved the transfer of the concession agreements of 14 onshore production fields that form the Recôncavo Cluster (“Recôncavo Cluster”), owned by Petróleo Brasileiro... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 12/27/2021, informs that today it finalized the sale, together with Sonangol Hidrocarbonetos Brasil Ltda. (Sonangol), of all the stakes held by both companies in the onshore exploratory block POT-T-794, belonging to the BT-POT-55A concession, located in the Potiguar Basin, in the state of... Continue Reading →
(Reuters) - Mexican President Andres Manuel Lopez Obrador said on Tuesday that his government will ask state-oil company Pemex to reveal information regarding the alleged receiving of bribes from Vitol, the world's largest independent energy trader. Reuters revealed last year that Petroleos Mexicanos (PEMX.UL), as the company is formally known, had deepened investigations into the... Continue Reading →
TotalEnergies, the French oil major with growing renewables aspirations, on Tuesday confirmed the start of the construction of the 30MW Eolmed floating wind project in the Mediterranean Sea, off France. The project, in which TotalEnergies has a 20% stake, is operated by Qair. The news comes days after BW Ideol, another partner in the project, said... Continue Reading →
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”) (B3: RRRP3) communicates to its shareholders, investors and the market in general the result of the updates of the reserves reports of the Macau and Recôncavo Clusters, prepared by the independent consultancy DeGolyer and MacNaughton, and of the Rio Ventura, Fazenda Belém and Pescada and Arabaiana... Continue Reading →
Petro Rio S.A. (“Company” or “PetroRio”) (B3: PRIO3), following best practices in corporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of April. Obs.: (1) Frade Field’s production was impacted by subsea scheduled activities and a blackout in the FPSO due to a gas turbine shutdown during routine tests. (2) ... Continue Reading →
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” ou “Company"), following best practices in corporate governance and transparency, informs its investors and the market in general the preliminary unaudited production data for April 2022 in the assets that the Company holds participation. (1) Refers to 3R's stake in all Polo Macau concessions. On December 21, 2021,... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 04/11/2022, informs that today it started the binding phase regarding the sale of its total participation in the Tartaruga field, located in shallow waters of the Sergipe-Alagoas Basin, state of Sergipe. Potential buyers qualified for this phase will receive a process letter with... Continue Reading →
Australia’s oil and gas company Karoon Energy has decided to exercise its option for two additional wells in Brazil to be drilled by one of the Maersk Drilling-owned semi-submersible rigs. The offshore drilling contractor informed on Tuesday that Karoon Energy has exercised options to add the drilling of up to two wells at the Neon field –... Continue Reading →
Brazil Energy Insight 