Petrobras on contracts with NTS

Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 12/22/2021,  informs that, as part of the actions taken to open the Brazilian natural gas market, signed, in 09/30/2022, with Nova Transportadora do Sudeste S.A. (NTS)  the Flexibility Reduction Agreement to be used by Petrobras (Agreement) and amendments to the Malha  Sudeste, Malha... Continue Reading →

Petrobras on the sale of potassium mining rights

Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 08/11/2022, informs the beginning of the binding phase concerning the sale of its mining rights for research and mining of potassium salts located in the Amazonas Basin. Potential buyers qualified for this phase will receive a process letter with detailed instructions about the... Continue Reading →

Petrobras on sale of onshore optic fiber network

Petróleo Brasileiro S.A. – Petrobras informs that it has started the opportunity disclosure stage (teaser), regarding the sale of its onshore fiber optic network. The teaser, which contains the key information about the opportunity, as well as the eligibility criteria for the selection of potential participants, is available on on Petrobras' Investor Relations website: https://www.investidorpetrobras.com.br/en/results-and-notices/teasers.... Continue Reading →

Booming Brazilian E&P buoys Rio Oil & Gas show but market still waits on Petrobras rig contract awards.

(OM) News from Rio Oil & Gas 2022 is upbeat about the prospects for offshore E&P, according to Evercore ISI’s most recent Offshore Oracle report, with many international operators offering updates on their upcoming projects slated offshore Brazil. Added to that was Exxon Mobil’s announcement that $13 trillion in new oil and gas investments will be... Continue Reading →

MODEC FPSO Almirante Barroso arrives in Brazil

Scheduled to form part of Petrobras' 5th production module in the Búzios field, the Modec unit will be submitted to Brazilian authorities' clearance procedures. Afterwards, it will go to the Brasfels shipyard, in Angra dos Reis (RJ), where it will undergo the final commissioning activities. The first oil from the FPSO Almirante Barroso is expected... Continue Reading →

Yinson FPSO for Petrobras’ revitalization project reaches Brazilian waters

After making a few stops on the way, a floating, production, storage and offloading (FPSO) vessel, destined for Petrobras’ revitalisation project, has arrived in Brazil. Letters of Intent for this FPSO project were awarded to Malaysia’s Yinson in October 2019 by Petrobras. Several months later, the two players entered into definitive contracts and in April 2020, Sumitomo... Continue Reading →

Seadrill secures new contracts with Petrobras

One of Seadrill’s drillships has arrived in Brazil to complete testing operations ahead of its three-year contract with Petrobras. Seadrill secured two contracts with Petrobras for the West Carina and West Tellus rigs back in November 2021. Both agreements, for work on the Búzios field, were signed on a three-year fixed-term basis with a planned start date... Continue Reading →

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