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(Reuters) - Brazilian state-run oil company Petrobras (PETR4.SA) said on Monday it will lower refinery gate diesel prices by 5.8% to an average 4.89 reais ($0.93) per liter starting on Tuesday, the lowest level in roughly four months. The move marks the third consecutive diesel price reduction since early August, while gasoline prices were kept at their... Continue Reading →
Helix Energy Solutions has secured another extension of its well intervention charter and services contracts with Petrobras for the well intervention vessel Siem Helix 2. The two-year extension directly follows Helix’s current contracts with Petrobras and is scheduled to conclude in December 2024. The initial four-year contract between the two companies for the vessel was extended by one... Continue Reading →
(Reuters) Brazilian oil company Petrobras' Chief Executive Caio Paes de Andrade has been diagnosed with cancer, local media reported. The executive has started treatment to fight a head and neck carcinoma, according to the reports, citing a Petrobras internal statement. Petrobras said in a note to Reuters on Friday that Andrade is starting a health... Continue Reading →
Oilfield services giant TechnipFMC said Wednesday it had secured a significant contract with the oil major TotalEnergies for its Lapa North East field in the pre-salt Santos Basin offshore Brazil. For TechnipFMC, a “significant” contract is between $75 million and $250 million. Under the engineering, procurement, construction, and installation (EPCI) contract TechnipFMC will reconfigure and... Continue Reading →
(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 →
