(Valor) The great challenge to develop offshore wind power generation projects is to adjust risk and return, said the director of institutional relations and sustainability at Petrobras, Rafael Chaves, in a presentation to executives during the Offshore Northern Seas (ONS), Europe's largest energy event, in Stavanger, Norway. Chaves said that a multidisciplinary group within Petrobras... Continue Reading →
Petrobras on the sale of UFN-III
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 05/31/2022, informs that the binding phase concerning the full sale of the Nitrogen Fertilizer Unit III (UFN-III) is underway. Potential buyers qualified for this phase, in accordance with the criteria published in the teaser, received a process letter with detailed instructions on the... Continue Reading →
Petrobras to cut aviation gas prices by 15.7% in September
(Reuters) - Brazil's Petrobras said on Monday it will cut aviation gasoline prices for distributors by 15.7% starting Sept. 1. The move marks the second time in recent weeks that the state-run oil firm has lowered gas prices for the sector, following a 5.7% decrease in early August.
Oil States Brasil signs new contract with Petrobras
(TN) Oil States Brasil announces the signing of another contract with Petrobras for subsea wellhead systems services. Services include maintenance, support, management, planning and control of equipment, tools, bases and accessories, including the supply of parts. The signed contract is part of Oil States Brasil's strategy to further diversify its portfolio, representing an increase in... Continue Reading →
CBO looks at IPO and buyout of competitors
(Valor) After completing what it classifies as its third wave of growth, Companhia Brasileira de Offshore (CBO) will “hibernate” to absorb the acquisition of ten offshore support vessels before starting a new expansion cycle. With 44 vessels, the company is one of the largest in the country in offering this service to oil companies. At... Continue Reading →
FPSO Carioca completes one year of operation with approximately 175 thousand barrels/day,
The FPSO Carioca, in the Sépia field in the pre-salt layer of the Santos Basin, completed one year of operation. During this period, the platform vessel reached an accumulated production of around 39 million barrels of oil (operated production). It is currently the largest platform in Brazil in terms of complexity and production, with around... Continue Reading →
Petrobras receives Transparency Trophy 2022
Petróleo Brasileiro S.A. – Petrobras informs that it was elected one of the ten companies with the most transparent financial statements in Brazil in the category of companies with net revenues over R$20 billion. The recognition is granted annually by the National Association of Finance, Administration, and Accounting Executives (Anefac) to the Brazilian companies with... Continue Reading →
Saipem adds subsea drone to deal with Oil Spill Response Limited
Saipem and Oil Spill Response Limited (OSRL) have signed an extension of their existing services agreement to include the provision of Saipem’s FlatFish underwater drone for environmental monitoring and inspection of asset integrity. The existing contract between the parties provides for the storage, maintenance, training of personnel and readiness including the remote emergency response of the Offset... Continue Reading →
DOF Nets Vessels, ROV Deals in Brazil Worth More Than $253M
Norwegian offshore vessel owner DOF has secured contract extensions and new contracts for three of its vessels in Brazil with Petrobras. The deals are worth more than USD 253 million. The contracts, awarded to DOF Brazilian subsidiaries, Norskan Offshore Ltda. and DOF Subsea Brasil Servicos Ltda, are for the vessels; Skandi Chieftain, Skandi Olympia and Skandi... Continue Reading →
Petrobras on the sale of assets in refining and logistics
Petróleo Brasileiro S.A. – Petrobras, following up on the releases disclosed on June 27, 2022 and July 15, 2022, informs the beginning of the non-binding phase in the processes of sale of assets in refining and associated logistics in the country, which includes the refineries Abreu e Lima (RNEST) in Pernambuco, Presidente Getúlio Vargas (REPAR)... Continue Reading →