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Petróleo Brasileiro S.A. – Petrobras informs that it will once again integrate the Dow Jones Sustainability Index World (DJSI World) of S&P Global's Corporate Sustainability Assessment. Petrobras received the highest score in the Materiality, Environmental Report, Water-Related Risks and Social Report criteria. The company also stood out in the criteria of Climate Change, Operational Eco-efficiency,... Continue Reading →
Malaysian FPSO supplier Yinson has signed two letters of intent with by Brazilian oil company Petrobras for the charter, operations and maintenance of Integrado Parque das Baleias (“IPB FPSO”), a floating, production, storage, and offloading vessel in the North Campos Basin, offshore Brazil. "The LOIs were issued to Yinson Production Pte Ltd, an indirect wholly-owned... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it signed today a Letter of Intent with Yinson Production PTE Ltd. for the chartering and provision of FPSO services for the Parque das Baleias Integrated Project, to be installed in the Jubarte Field, located in the northern part of the Campos Basin. The FPSO, which stands for... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that its Board of Directors, at a meeting held today, approved the dismissal of Roberto Furian Ardenghy from the position of Institutional Relations and Sustainability Officer, as of 12/15/2021. Rafael Chaves Santos was elected for this position and will take office on 12/16/2021. Rafael Chaves Santos is an engineer,... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it signed today with Forbes & Manhattan Resources Inc. (F&M Resources), a wholly owned subsidiary of Forbes & Manhattan Inc. (F&M), a contract for the sale of the shares of the company that will own the Shale Industrialization Unit (SIX), located in São Mateus do Sul/PR. The sale... Continue Reading →
Oil services group SBM Offshore on Thursday revised its full-year revenue guidance, citing a deferral in the expected timing of a floating production storage and offloading (FPSO) joint venture. The Dutch company, which supplies floating oil and gas production vessels, now predicts 2021 revenues of "above" $2.3 billion, from around $2.6 billion previously. SBM said... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that on 11/12/2021 the term of the Ombudsman Mário Vinicius Claussen Spinelli, who held the position since November 2015, will end. Petrobras' Board of Directors approved the nomination of Luiz Cristiano Oliveira de Andrade to take over as Ombudsman, starting as of 11/13/2021, for a three-year term, with the... Continue Reading →
Offshore seismic surveyor PXGEO has been awarded an ocean bottom node survey contract in Brazil. PGXEO said that the project, awarded by the Brazilian oil company Petrobras, would start in the second quarter of 2022. The contract will last for around three months. In June 2021, PXGEO acquired Fugro's subsidiary Seabed Geosolutions, a company specializing in... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 08/27/2021, informs that it concluded today the sale of its entire 93.7% equity stake in Breitener Energética S.A. (Breitener), located in the state of Amazonas, to Breitener Holding Participações S.A., a wholly owned subsidiary of Ceiba Energy LP, which is backed by Denham... Continue Reading →
The pipeline sector has great potential for expansion with the opening of the natural gas market and greater pre-salt production, in addition to being a transport alternative that allows the movement of large volumes of fuel with lower gas emissions. The president of the IBP, Eberaldo de Almeida Neto, highlighted that Petrobras' divestments in the... Continue Reading →
Brazil Energy Insight 