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(PN) The Brazilian Environmental Institute (IBAMA) granted Petrobras the installation license for the platform ship (FPSO) Almirante Tamandare, which will be installed in the Buzios field, in the pre-salt of the Santos Basin. The platform's first oil is scheduled for the second half of 2024. The vessel will be the sixth definitive production unit in... Continue Reading →
(TN) Petrobrás published the tender for the sale of the platform ship (FPSO) P-33, which is currently located in the Campos Basin, in the Marlim field. The bidding will follow the same model as the decommissioning of P-32, within the company's new guidelines for recycling and sustainable disposal of vessels. The sale notice maintains the... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the Material Fact of 05/11/2023, informs that it will pay today the second installment of the remuneration to shareholders for the first quarter of 2023. The gross amount to be distributed today is R$ 0.946789 per common and preferred share in the form of dividends. CREDIT INSTRUCTIONS... Continue Reading →
Norwegian oil and gas company Equinor has submitted declarations of commerciality and plans of development for two fields in the BM-C-33 concession in the Campos Basin, offshore Brazil Equinor is the operator of the BM-C-33 offshore concession with a 35% stake, with its partners being Repsol Sinopec Brasil (35%) and Petrobras (30%). The concession is... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, as a partner in the BM-C-33 consortium, informs that the operator Equinor Energy do Brasil Ltda submitted to the National Agency of Petroleum, Natural Gas and Biofuels (ANP), on September 20, 2023, the declarations of commerciality of the oil accumulations located in the BM-C-33 Concession area. Petrobras acquired a 30%... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, regarding the pieces of news published in the media, reaffirms that it is carrying out due diligence on Braskem, for the possible exercise of tag along or preemptive rights, in the event of the sale of the shares held by Novonor S.A. (Novonor) in the company, in accordance with the... Continue Reading →
Brazil will likely end up exploring the Equatorial Margin for oil but state-run Petrobras should adopt a "cautious" approach given the need for precautions to protect the environment, Finance Minister Fernando Haddad said on Sunday. The Equatorial Margin is some 2,200 kilometers (1,370 miles) of deepwater and ultra-deepwater assets along Brazil's northern and northeastern coast. "We may need oil from the Equatorial Margin on... Continue Reading →
Norway’s DOF Group has won three new service contracts with Brazilian state-owned oil and gas giant Petrobras that are worth more than $260 million. The contracts include survey and inspection work and will see at least three vessels used to perform flexible pipeline, risers and subsea equipment inspection in Campos Basin, Santos Basin, and Espírito Santos... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed to the market on 09/13/2023, informs that the request to start the environmental licensing process for ten areas in the Brazilian sea for the development of offshore wind energy projects aims to assess the technical-economic and environmental viability of areas with strong potential for... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that on Thursday (September 14) it signed a non-binding memorandum of understanding with TotalEnergies and Casa dos Ventos to evaluate renewable energy projects in Brazil. The aim is to develop joint studies to study business opportunities in onshore wind, offshore wind, solar and low-carbon hydrogen in the country, using... Continue Reading →
Brazil Energy Insight 