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Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on11/05/2021, informs that its Executive Board approved today the end of the competitive process for the sale of the Albacora concession, which will be maintained in its entirety in Petrobras' portfolio. The company was negotiating with PetroRio S.A. for the sale of the field.... Continue Reading →
(Reuters) - Opposition proposals to roll back the initial privatizations of Brazilian refineries would run into stiff resistance from their new owners, with sale contracts offering no room for reversal, three people with knowledge of the matter told Reuters. Advisors to leading presidential candidate Luiz Inacio Lula da Silva have floated the idea of buying... Continue Reading →
(WO) From Saudi Arabia to West Texas, drillers are pumping more oil to cash in on a scorching price rally. But a region that’s home to a fifth of the world’s crude reserves is mostly missing out. All over Latin America, the upside of $100 crude has been blunted by nationalist policies that tightened government control of... Continue Reading →
(U) Petrobras is considering the potential of offering carbon capture and storage solutions for third-party industrial emissions in its native Brazil as part of a potential diversification strategy from the company’s key upstream oil and gas operations. “It’s a study we are doing right now,” Rafael Chaves Santos, executive director of institutional relations and sustainability... Continue Reading →
(PN) A new wave of developments in the Santos Basin that should start next year creates the expectation of generating new jobs, in addition to enabling the expansion of the use of support vessels. The so-called Stage 4 of the Santos Basin will cover 13 new Petrobras production units in the region, located in the... Continue Reading →
The Brazilian Institute of the Environment (Ibama) granted Petrobras the first renewal of the seismic survey license for the Itapu field, in the pre-salt layer of the Santos Basin. The license will last for 1 year and two months, authorizing the oil company to carry out the activity within the authorized polygon, with the seismic... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, informs that its CEO Caio Mário Paes de Andrade has appointed Paulo Palaia for the position of Chief Digital Transformation and Innovation Officer, replacing Juliano Dantas. The nomination will be submitted to the internal corporate governance procedures, including the respective compliance and integrity analyses required for the company's succession process,... Continue Reading →
(PN) The Chinese shipyard Dalian Shipbuilding Industry Offshore (DSIC) held the delivery ceremony for the FPSO Anita Garibaldi, which will be installed in the Marlim field, in the Campos Basin. The platform ship was delivered to Japan's Modec, which will charter the unit to Petrobras for 25 years. The platform ship is expected to arrive... Continue Reading →
(PN) News in the preparations for the first round of the Permanent Sharing Offer, which will auction off pre-salt blocks. The National Petroleum Agency (ANP) approved the registration of five more companies: Equinor, Ecopetrol, Qatar Energy, Sinopec and Petrogal. The information is contained in a statement published) in the Official Gazette. Previously, the ANP had... Continue Reading →
(OM) Jumbo Offshore has executed the transport and installation of a torpedo pile mooring system, including mooring for flexible risers, umbilical for Libra Consortium's Guanabara FPSO. While this type of installation previously required the mobilization of up to three anchor-handling tugs, Jumbo carried out the entire contract using only its J-class offshore installation vessel Fairplayer, working in the Mero... Continue Reading →
Brazil Energy Insight 