Brought to you by Quest Offshore & Southern Cone Consultants
Petróleo Brasileiro S.A. – Petrobras informs that it concluded today, through its wholly owned subsidiary Petrobras Global Finance B.V. (PGF), the offering of notes in the international capital market (Global Notes), in the amount of US$ 1.25 billion maturing in 2033. The operation was priced on June 26, 2023, as disclosed to the market. Below... Continue Reading →
Houston-based Nauticus Robotics has secured a contract with Brazilian state-owned oil and gas giant Petrobras for the deployment and testing of its Aquanaut autonomous subsea robot offshore Brazil. The contract is said to come as Petrobras had recently ramped up efforts in robotics and artificial intelligence and is pioneering their application to the offshore sectors. Aquanaut... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has acquired international certification that ensures that 100% of the electricity used in its industrial and administrative operations in Brazil is generated by renewable sources. This seal - called I-REC certification (Renewable Energy Certificate) - attests that the electricity Petrobras acquires from external suppliers is generated exclusively... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that its Board of Directors, at a meeting held yesterday, decided to continue with the implementation of the Train 2 of the Abreu e Lima Refinery - RNEST, whose works were interrupted in 2015. The decision is based on a careful reassessment of the RNEST Project which, in accordance... Continue Reading →
Saipem has been awarded two new contracts, one for EPCI offshore activities in the Middle East and the other for the development of underwater drones in Brazil. The total value of the new contracts is approximately $1 billion. Under the existing Long-Term Agreement (LTA) with Saudi Aramco, Saipem has been selected for a new offshore... Continue Reading →
This week has been marked by much activity in the oil and gas exploration segment in Brazil. This time, the news comes from Shell Brasil, which has started drilling a new exploratory well in block C-M-659, in the Campos Basin. The well was called internally by the oil company Suçuarana-1 and is in a water... Continue Reading →
(Reuters) - Brazil aims to pass a regulatory framework for offshore wind and green hydrogen by the end of this year, the country's energy minister told Reuters on Tuesday, as Latin America's largest nation seeks to unlock new sectors to power its energy transition. Leftist President Luiz Inacio Lula da Silva has staked his international... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras announces the pricing of a new global notes issue, in the total volume of US$ 1.25 billion, through its wholly-owned subsidiary Petrobras Global Finance B.V. - PGF. The terms of the issue of the new global notes are as follows: Issue: 6.5% Global Notes due 2033 Amount: US$ 1.25 billion... Continue Reading →
French oil major TotalEnergies has been named the upstream industry's most admired explorer and has received the Discovery of the Year award in Wood Mackenzie's annual Exploration Survey. This is TotalEnergies' third time winning the most-admired explorer award. Dr. Andrew Latham, Senior Vice President, Energy Research, at Wood Mackenzie, said:"For the third time in our industry-leading... Continue Reading →
Petrobras made new advances in its exploratory program in the Santos Basin. This time, the company started drilling the second extension well in block SM-623, where the Sagitario prospect is located. The well received the technical name 3-BRSA-1388D-SPS and is located in a water depth of 1,867 meters. Drilling meets a requirement made by the... Continue Reading →
Brazil Energy Insight 