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Demand for wet Christmas trees in 2022 will hit the highest level in nearly a decade, according to a new forecast from Westwood Energy. The company predicts that the global oil and gas sector can hire up to 354 units, the highest number recorded since 2013. The forecast considers that the barrel of oil should... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras, regarding the pieces of news in the media about the divestment project of the Potiguar Cluster, which includes a set of 22 concessions of onshore and shallow waters production fields, including the Clara Camarão refinery, in the state of Rio Grande do Norte, clarifies that, as informed in a press... Continue Reading →
(PN) Equipment capable of separating CO2-rich gas from oil at the bottom of the sea. Petrobras, operator of the Libra consortium, started selecting suppliers to execute the project, build, install and carry out HISEP® tests, a technology patented by the company that aims to separate and reinject, even at the bottom of the sea, the... Continue Reading →
Petrobras sets another annual pre-salt production record in 2021, reaching the mark of 1.95 million barrels of oil equivalent per day (boed). This volume corresponds to 70% of the company's total production, which was 2.77 million boed last year. The previous record was set in 2020, when the level of 1.86 million boed was reached,... Continue Reading →
(TN) Platforms P-66, P-70 and P-77, located in the Tupi, Atapu and Búzios fields, respectively, started to operate with minimal flaring of gas, which starts to occur only in exceptional safety situations, reducing the emission of greenhouse gases (GHG). The flare is the equipment that has the function of burning the gas not used in... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on December 16, 2021, informs its shareholders and the market in general that it has applied to register with the Brazilian Securities and Exchange Commission ("CVM"), on 01/14/2022, the request for registration of a public offering for secondary distribution of class "A" preferred shares... Continue Reading →
(PN) New advances in Petrobras' exploratory program in the pre-salt layer. This week, the company began drilling the wildcat well in the Alto de Cabo Frio Central block, in the Santos Basin. The activity took place in a water depth of 1,831 meters, in well 1-BRSA-1383-RJS, within the Barra Velha formation. The Alto de Cabo... Continue Reading →
Rio de Janeiro, January 14, 2022 - Petróleo Brasileiro S.A. – Petrobras confirms the achievement of its production targets for the year 2021, with the following results: The highlights of 2021 were: • the start of production from FPSO Carioca, the first platform in the Sépia field, in the Santos Basin pre-salt;• own... Continue Reading →
More shuttle tankers will be needed in the years ahead to keep pace with a projected rise in oil volumes needing transport, Rystad Energy said. Produced volumes requiring transport key shuttle tanker markets Brazil, Canada, Norway, the U.K. and Russia are expected to rise to 3.3 billion barrels per year before the end of the... Continue Reading →
(epbr) The Administrative Council for Economic Defense (Cade) approved, without restrictions the acquisition of the Carmópolis Cluster, sold by Petrobras to Carmo Energy. The regulatory agency understood that there is no harm to the competitive environment in the oil and gas sector. Carmo Energy, an affiliate of the Spanish group Cobra, will take over the... Continue Reading →
Brazil Energy Insight 