(PN) Petrobras has released a notice to the market to pre-qualify companies for the construction of two more FPSO-type platforms, with the capacity to process 180,000 barrels of oil per day and 7 million m³/day of gas. The new FPSOs will be directed to the Sépia and Atapu areas, as is speculated. As is known,... Continue Reading →
ANP: Brazil’s oil production above 3 million bpd
Oil production in Brazil started the year on a high, totaling 3.03 million barrels per day in January on average, an increase of 5.5% compared to the same month last year, with an increase in the pre-salt and of the post-salt, indicated data from the National Agency of Petroleum, Natural Gas and Biofuels (ANP). In... Continue Reading →
EBR to manufacture modules for the P-79
(PetroleoHoje) EBR (Estaleiros do Brasil) will be responsible for the manufacture and assembly of seven process modules of the P-79, FPSO that will be installed in the Buzios field, in the Santos cluster, in 2025. The group was hired by the Daewoo / Saipem consortium building the production unit for Petrobras, being responsible for the... Continue Reading →
PGS identifies potential on the outside of the Campos Basin
(PetroleoHoje)The latest seismic data collected by PGS in the Campos Basin indicate a potential for emerging plays near the Urissane and Mairarê wells. The wells were drilled by Petrobras in 2020 and 2021, respectively, and Urissane generated an oil discovery at the end of January last year. According to John Cramer, Brazil Area Manager at... Continue Reading →
Petrobras begins non-binding phase for sale of E&P assets in the Gulf of Mexico
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 10/04/21, informs the beginning of the non-binding phase regarding the sale of the entire 20% stake held by its subsidiary Petrobras America Inc. (PAI) in the company MP Gulf of Mexico, LLC. (MPGoM), located in Texas, USA, which owns offshore fields in the... Continue Reading →
Brazil: Trident taps Helix for long-term field decommissioning in Campos Basin
Helix Energy Solutions has secured a long-term field decommissioning contract with Trident Energy for the Pampo and Enchova clusters in the Campos Basin, Brazil. Helix will provide a riser-based well intervention vessel, either Siem Helix 1 or Siem Helix 2, a 10k Intervention Riser System, project management and engineering services and, in conjunction with its Subsea Services Alliance partner Schlumberger, fully integrated... Continue Reading →
Petrobras and Gaspetro conclude exit from Gasmar
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 04/09/21, informs that it concluded today, together with its subsidiary Petrobras Gás S.A. (Gaspetro), the transaction to finalize the pending litigation with Termogás S.A. (Termogás). As a result of this transaction, Termogás acquired the shares of Companhia Maranhense de Gás (Gasmar) held by... Continue Reading →
Raizen says Petrobras should raise gasoline prices to level playing field
(Reuters) - Brazilian state run oil firm Petrobras should raise gasoline prices in the domestic market to reflect high international oil prices and level the playing field, Ricardo Mussa, chief executive of energy company Raizen (RAIZ4.SA), said on Tuesday. "At some point, Petrobras will have to make a move in gasoline ... (the current price situation)... Continue Reading →
Brazil’s Supreme Court annuls billion-dollar labor dispute against Petrobras
(Reuters) - Brazil's Supreme Court annulled on Monday a previous court decision that would have required state-run oil company Petrobras (PETR4.SA) to pay billions of dollar in a labor dispute involving additional wages for employees. The majority Supreme Court vote confirms a previous ruling made last year by Justice Alexandre de Moraes to annul the dispute, the... Continue Reading →
Petrobras picks Solstad vessel for accommodation services
Amid the improving market conditions and increasing demand, the Norwegian offshore vessel owner, Solstad Offshore, has inked a new deal for one of its subsea construction support vessels (CSVs) with the Brazilian oil and gas giant Petrobras, which will allow the vessel to operate offshore Brazil. Solstad Offshore announced the contract award for the CSV Normand Valiant with... Continue Reading →
Brazil Energy Insight 