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(PN) The company's president in the country, Veronica Coelho, announced the forecast to start drilling a well in Bacalhau, in the Santos Basin. According to the executive, the activity should start between the end of September and the beginning of October. Veronica also said that there is an estimate of using a second rig in... Continue Reading →
(Rigzone) Colombia’s upstream sector is especially dynamic in 2022. Offshore exploration of the Colombian Caribbean has delivered in 2022 with Shell and Petrobras hitting the target with their wells earlier this year. Shell and Petrobras hit natural gas pay in the Gorgon-2 and Uchuva-1, both with Ecopetrol as a non-operating partner – according to Wood... Continue Reading →
(PN) Petrobras announced the bidding process that will contract a new FPSO for the Albacora field. The unit will be chartered for 27 years and will have the capacity to produce 120,000 barrels per day and process 6 million cubic meters of gas per day. Petrobras' idea is to replace the two units currently in... Continue Reading →
(PN) Marine services company OceanPact announced the signing of a three-year contract with Petrobras to provide support services with the vessel RSV Parcel do Bandolim. The vessel is equipped with two remotely operated vehicles (ROVs). “The contract of Parcel do Bandolim represents the conclusion of an important investment cycle, which began in 2021, with funds... Continue Reading →
(PN) Engeman announced the signing of a contract with Petrobras, focused on preventive and corrective maintenance services on the Tupi field platforms (P-66, P-67, P-68 and P-69). The agreement will begin this month and will last for three years, with an option to renew for another two years. “This is a very important contract, as... Continue Reading →
Brazilian oil company Prio will continue to assess the purchase of some assets from state-owned Petrobras even after a deal for its Albacora offshore oilfield fell through, Prio's finance chief told Reuters on Tuesday. Petrobras has in recent years sold off dozens of oil fields, as well as refineries, pipelines, gas station chains and other... Continue Reading →
The decision was made by the Superintendence of the Administrative Council for Economic Defense (Cade). In Block C-M-657, Equinor holds a 30% stake, as does Petrobras. ExxonMobil owns a 40% interest. In Block C-M-709, Equinor holds a 20% stake, while Petrobras and ExxonMobil each hold 40%. In the documentation delivered to Cade, it is not... Continue Reading →
- Petróleo Brasileiro S.A. – Petrobras, in continuation of the notice released on 08/19/2022, hereby informs that it was concluded, on this date, the bookbuilding procedure of the 1st issuance of book-entry commercial notes (Issuance), without collateral and personal guarantee, in up to two series (Book-entry Commercial Notes), subject to public distribution, with restricted distribution... Continue Reading →
Petro Rio S.A. (“PRIO”) (B3: PRIO3) informs that it has received a notice from Petroleo Brasileiro S.A. (“Petrobras”) informing of the termination of the Albacora Field (“Field” or “Albacora”) divestment process, as the parties have not reached an agreement regarding the valuation of the asset.Despite Albacora’s potential, PRIO believes that a transaction with values above... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 08/16/2022, informs the extension of the deadlines, contained in items AA and AC of the teaser, for the expression of interest in participating in the opportunity to sell 40% of its interest in the BM-POT-17 exploratory concessions, where the Discovery Assessment Plan for... Continue Reading →
Brazil Energy Insight 