(Reuters) - Brazilian state-run oil company Petrobras (PETR4.SA) announced on Wednesday it imported a record 23 million cubic meters per day of liquefied natural gas (LNG) in 2021, a volume around 200% higher than the one recorded in the previous year. The record occurred during a year of strong thermoelectric demand in Brazil, due to the worst... Continue Reading →
3R Petroleum – Production Data – Dec 2021
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”), following best practices in corporate governance and transparency, informs its investors and the market in general the preliminary unaudited production data for December 2021 in the assets that the Company holds participation. (1) Refers to 3R's stake in the Macau Cluster concessions, after discounting the 50%... Continue Reading →
Special Flexible Lines for Six Pre-salt Projects – Petrobras
(PetroleoHoje) Petrobras will acquire up to 291.9 km of special flexible lines for the Buzios, Tupi, Sapinhoa, Atapu, Berbigao and Sururu fields, located in the Santos cluster. The oil company has launched a tender for the supply of the material, which will have to be non-susceptible to the phenomenon of SCC-CO2. The bidding will mark... Continue Reading →
Petrobras Discovers Gas in Pre-salt Block
(PetroleoHoje) Petrobras found evidence of gas in the Três Marias block, in the pre-salt layer of the Santos Basin. The discovery, carried out on the 10th, was made in a water depth of 2,223 mts. The wildcat well was drilled in October by Diamond's Ocean Courage rig. The Três Marias area was acquired in the... Continue Reading →
Petrobras Received License to Begin Seismic Campaign in Tupi and Iracema Fields
(PN) Petrobras announced that it has received a license from the Brazilian Institute for the Environment (Ibama) for 3D seismic survey activity in the Tupi and Iracema fields, in the Santos Basin. The document will be valid for 1 year and 30 days. Data acquisition will be carried out by Shearwater Geoservices do Brasil. The... Continue Reading →
Strong FPSO market expected to continue, Rystad
The market for floating production, storage, and offloading (FPSO) units almost brushed off the pandemic’s effect in 2021 and is likely to continue apace in 2022, with 10 new awards expected, according to a Rystad Energy report. Two lease contracts were awarded in the fourth quarter of 2021, bringing the total for the year to... Continue Reading →
Petrobras on news about Braskem
Petróleo Brasileiro S.A. – Petrobras, regarding the news published in the media, clarifies that, as disclosed on December 16, 2021, it maintains its position of seeking the sale of up to 100% of the preferred shares it holds in Braskem S.A. (Braskem), to be conducted through secondary public offering(s) of shares (follow-on), together with NSP... Continue Reading →
Brazil Authorizes the Bidding of 11 Pre-salt Blocks in The Permanent Offer
(PN) The Permanent Offer is once and for all consolidated as the main form of bidding for oil and gas areas in Brazil. The Brazilian government authorized the National Petroleum Agency (ANP) to sell 11 pre-salt exploratory blocks within this auction model. The decision was published in an order in the Official Gazette of the... Continue Reading →
Repsol Sinopec Brasil starts sales of gas from Sapinhoá Norte
Initiative reinforces the company's commitment to the gas market in Brazil (TN) Repsol Sinopec Brasil signed a sales contract for the Sapinhoá Norte gas with Petrogal Brasil, reinforcing its participation in the natural gas value chain in Brazil. With this contract, which is the first in this modality, the company began marketing this gas as... Continue Reading →
Constellation Signs Two New Drilling Rig Contracts With Petrobras
(PetroNoticias) Constellation Oil Services announced this week that it has signed new contracts with Petrobras for the charter of two semi-submersible rigs. The contracts involve the Gold Star and Lone Star rigs and will last for three years. The rigs will operate in water depths of up to 2,400 meters and exploration campaigns are scheduled... Continue Reading →