Category: Petrobras

Subsea 7 wins major EPCI contract with Petrobras

Subsea 7 has won a “major” engineering, procurement, fabrication, installation and pre-commissioning (EPCI) contract by Petrobras for the development of the Búzios 8 field in Brazil. The contract scope includes engineering, procurement, fabrication, installation and pre-commissioning of approximately 126 kilometers of rigid risers and flowlines, 98 kilometers of flexible lines and 88 kilometers of umbilicals and associated infrastructure,... Continue Reading →

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Petrobras signs contract for the sale of the LUBNOR refinery

Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on 01/31/2020, informs that it signed today with the company Grepar Participações Ltda., a corporate entity jointly owned by Grecor Investimentos em Participações Societárias Ltda., Greca Distribuidora de Asfaltos Ltda. and Holding GV Participações S.A., a contract for the sale of the Lubrificantes e... Continue Reading →

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Prosafe lands another four-year deal in Brazil

Offshore accommodation provider Prosafe has been awarded a contract by Petrobras for the provision of the Safe Eurus semi-submersible vessel for safety and maintenance support offshore Brazil. Prosafe was declared the winner of a bidding process launched by Petrobras for the provision of the Safe Eurus semi-submersible unit earlier in May. A potential contract award and the timing of the... Continue Reading →

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Petrobras on the YPFB Natural Gas agreement

Petróleo Brasileiro S.A. - Petrobras clarifies the pieces of news in the media about the natural gas purchase agreement signed between Petrobras and Yacimientos Petrolíferos Fiscales Bolivianos (YPFB). In 1996, Petrobras entered into a long-term natural gas purchase and sale contract with YPFB, with a contracted volume of 30 MM m³/day. In 2019, the National... Continue Reading →

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Bolsonaro Fires Second Petrobras CEO in Two Months

(Reuters) Brazil's right-wing president Jair Bolsonaro fired the chief executive of oil producer Petrobras - the second in two months - after the company refused to sell fuels at a discount to consumers warning it would lead to diesel shortages.  Bolsonaro also called for the election of a new board, according to a statement released close to midnight local... Continue Reading →

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