Petróleo Brasileiro S.A. - Petrobras, following up on the press releases of 02/28/2023, 03/01/2023 and 03/08/2023, informs that it received an official letter from the Ministry of Mines and Energia (MME) presenting, in a supplementary manner, three nominations of candidates for the slate of the Federal Government, as controlling shareholder, for the eight vacancies of... Continue Reading →
Karoon Brings Online PAT-2 Well at Patola Offshore Field in Brazil
Oil and gas company Karoon said Wednesday that production had started from the PAT-2 at the Patola field in the BM-S-40 production license in Brazil. The well, one of two new production wells drilled at the field, came onstream on March 15, 2023 at a rate of 12,000 – 14,000 bopd. This followed the installation... Continue Reading →
Petrobras on CARF judgment result
Petróleo Brasileiro S.A. – Petrobras informs that today it obtained an unfavorable decision by the Third Panel of the Superior Chamber of Tax Appeals (CSRF), a body of the Administrative Council of Tax Appeals (CARF), as the Panel dismissed, by majority, the special appeals filed by the Company and ruled that CIDE and PIS/COFINS Import... Continue Reading →
Engeman bags Petrobras tender for the Roncador Cluster
Engeman won the tender from Petrobras and will expand its presence the Roncador Cluster, one of the largest oil and gas producers in Brazil. This time, the Company will be responsible for a variety of activities in disciplines such as mechanical, electrical, instrumentation, refrigeration, maintenance planning, cargo handling, climbing services, refrigeration engineering, air conditioning, inspection,... Continue Reading →
Offshore oil & gas set for growth with $214 bln of investments in the pipeline: Rystad
With more than $200 billion of greenfield investments expected by 2025, the offshore oil and gas sector is expected to get back in the spotlight, according to Rystad Energy, an energy market intelligence group. Rystad Energy’s research shows that annual greenfield capital expenditure (capex) broke the $100 billion threshold in 2022 and will break it again... Continue Reading →
Petrobras on Bahia Terra Cluster sale and production
Petróleo Brasileiro S.A. – Petrobras, regarding the pieces of news released in the media, informs that the divestment process of the Bahia Terra Cluster is in the negotiation phase with the consortium of companies Petrorecôncavo and Eneva, and no decision has been taken by the Executive Board and the Board of Directors concerning these assets,... Continue Reading →
Fugro and Petrobras complete remote subsea inspection survey
Dutch geo-data specialist Fugro and Brazilian oil and gas giant Petrobras have completed what they said is the first-ever remote subsea inspection survey off the coast of Brazil. Fugro used a remotely operated vehicle (ROV) deployed from the Fugro Aquarius to conduct the survey. Office-based personnel piloted the ROV from an operations center in Aberdeen, Scotland, instead of from the... Continue Reading →
With Reserves of its Own, Colombia Does Not Need Venezuela’s Gas -Ecopetrol
(Reuters) Colombia can go without Venezuelan natural gas because of promising offshore developments of its own, Felipe Bayon, chief executive of state-controlled oil company Ecopetrol, told Reuters. Companies have proposed reactivating a dormant gas pipeline that connects Venezuela's Western region with Colombia using a concession granted by Venezuela's state-run PDVSA, which financed and built the 16-year-old line. ... Continue Reading →
3R Petroleum prepared to operate the Potiguar Cluster
(Valor) The company's president, Matheus Dias, said, in a conference call with analysts this Thursday (3/9), that 3R has a mobilized team and has already hired third parties to start operations. The purchase of the pole has already been approved by the board of directors of Petrobras and by the ANP, but has not been... Continue Reading →
Suspension of the sale of Petrobras assets could affect contracts worth US$ 2 billion
(epbr) The temporary suspension of the sale of Petrobras assets, requested by the government, involves a list of deals in progress and about US$ 2 billion in contracts already signed and which are still waiting for an outcome. The president of Petrobras, Jean Paul Prates, said last week that he sees the request as an... Continue Reading →