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(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 →
(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 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 →
Brazil Energy Insight 