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3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”), following best practices in corporate governance and transparency, informs its investors and the market in general the preliminary unaudited production data for November 2021 in the assets that the Company holds participation. (1) Refers to 3R's participation in Macau Cluster concessions after discounting Galp's 50% stake... 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 November. Obs.: (1) Frade figures account for a 70% interest in the Frade Field until February 4 and 100% interest as of February 5, when the Company announced... Continue Reading →
(Reuters) - A global energy conference devoted to future technologies and low-carbon strategies kicked off in Houston on Monday with top executives from energy companies affirming the need for more oil for decades to come. The World Petroleum Conference's four days of discussion started with chief executives from Exxon Mobil Corp (XOM.N), Chevron Corp (CVX.N) and Halliburton Co (HAL.N),... Continue Reading →
Cabinda Gulf Oil Company Limited (CABGOC), an affiliate of Chevron in Angola, has secured an extension of the Block 0 concession, off the coast of Cabinda province in Angola. Chevron stated on Monday that the agreement extends the concession for 20 years, through 2050. Under the renewed agreement, CABGOC will remain the operator with a 39.2... Continue Reading →
(PetroleoHoje) Petrobras launched a tender for the charter of a new flotel (Maintenance and Services Unit) for the Campos, Santos and Espírito Santo basins. Companies interested in the contract may only offer DP2 or DP3 semi-submersible units, with accommodation for 400 people. The flotel required by the oil company will only enter into operation between... Continue Reading →
Main logistical support base for units operating in exploration and production in the Campos Basin, Macae Airport announced the launch of a package of services that innovates assistance in the operations of offshore flights. Established through concepts of safety, quality and efficiency applied by Zurich AirPorts in different air bases around the world, the "Offshore... Continue Reading →
Oil major Shell is free to go ahead with its planned seismic surveys along the eastern coast of South Africa after the court dismissed an 11th-hour legal challenge by environmental groups which claim that the activities will cause irreparable harm to the marine environment in the region. The seismic survey, initially scheduled to begin on... Continue Reading →
FAR, an Australian oil and gas company that began drilling at the Bambo-1 exploratory well in Block A2 off the coast of The Gambia last month, said Monday the well had encountered oil traces but would have to be plugged and side-tracked after drilling was temporarily halted due to significant fluid losses. "FAR advises that the Bambo-1... Continue Reading →
Norwegian offshore vessel owner Solstad Offshore has secured long-term contracts for two of its platform supply vessels (PSVs) with Equinor for operations in Brazil. Solstad Offshore revealed on Monday that Equinor in Brazil has awarded the PSVs Sea Brasil and Far Scotsman new long-term contracts. Both vessels are contracted for two years with the beginning set for December 2021... Continue Reading →
(WO) Petroleos Mexicanos is replacing its finance chief as President Andres Manuel Lopez Obrador tightens his grip on the struggling state oil giant. In Pemex’s first C-suite shift under the current administration, the Mexican producer named risk management chief Antonio Lopez Velarde its chief financial officer, replacing Alberto Velazquez Garcia, who will run a new... Continue Reading →
Brazil Energy Insight 