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Petrobras concluded the drilling of the pioneer oil exploratory well in block ES-M-669, in the pre-salt of the Espírito Santo Basin. Named Monai, the project broke the record for the deepest well ever drilled in Brazil, at around 7,700 meters. Just by way of comparison, this distance is equivalent to 1.3 times the height of... Continue Reading →
(PetroleoHoje) Drillship Amaralina Star will operate dedicated to the Roncador field, from the end of 2022. Constellation and Petrobras signed a charter contract for the unit for a period of two years, with possibility of extension for another 365 days. Constellation presented the best daily rate in Petrobras' bid to contract a rig for the... Continue Reading →
Porto Central signed a Memorandum of Understanding with Votu Winds, a company that plans to install a complex of offshore wind farms in the southern coastal region of the State of Espírito Santo. The port terminal is a project being built in the south of Espírito Santo, on the border with the State of Rio... Continue Reading →
(OE) Excelerate Energy has started natural gas deliveries to the Brazilian market at the Bahia Regasification Terminal (TR-BA) in Salvador, Bahia, in Brazil. Excelerate's floating storage and regasification unit (FSRU) Excelerate Sequoia, which has an LNG storage capacity of 173,400 cubic meters, is providing regasification services at TR-BA. The terminal has a regasification capacity of... Continue Reading →
Oilfield services giant TechnipFMC has signed three flexible pipe frame agreements with Brazil's Petrobras. "Altogether, the frame agreements form a large contract for TechnipFMC," the company said. For TechnipFMC, a “large” contract is between $500 million and $1 billion. The contracts were awarded as part of Petrobras’s drive to increase oil recovery in its brownfield... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the releases disclosed on 11/22/2016 and 03/21/2018, informs that it will receive from Equinor Brasil Energia Ltda. (Equinor) the last contingent installment in the amount of US$ 950 million related to the sale of its stake in the exploratory block BM-S-8, where the Bacalhau field (former Carcará... Continue Reading →
A new important milestone for Petrobras and its partners in the consortium that operates in the Libra block, in the Santos Basin pre-salt. The board of the National Petroleum Agency (ANP) approved the first development plan for the Mero field, which is located within the Libra area. In all, 65 wells will be drilled in... Continue Reading →
(Reuters) - Shares in Brazil's Braskem SA (BRKM5.SA) plunged on Thursday after state-run oil company Petrobras (PETR4.SA) said it has yet to decide when and how to proceed with the proposed sale of its stake in the petrochemicals producer. Petroleo Brasileiro SA, as Petrobras is formally known, said in a securities filing that it is still conducting studies on... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, in compliance with Article 12 of CVM Resolution No. 44, of 08/23/2021, informs that it was communicated by Goldman Sachs & Co. LLC, a subsidiary of The Goldman Sachs Group, Inc., by Goldman Sachs International, and other subsidiaries of The Goldman Sachs Group, Inc., namely Goldman Sachs do Brasil Banco... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, regarding the news published in the media about a possible offer of preferred shares of Braskem in the first quarter of 2022, clarifies that, as disclosed on June 8, August 9, 20 and 30, October 1, November 22 and 26, its stake in Braskem is still part of the assets... Continue Reading →
