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Brazilian oil firm Enauta has said production from the Manati offshore field in Brazil was stopped preventively on Monday due to small gas leakage in the inland pipeline between the compression station and the gas treatment station. "The operator is assessing the causes of this incident, resumption still will be estimated. The Company will keep... Continue Reading →
(PetroNoticias) Eneva inaugurated the Azulão Gas Treatment Unit (UTG), which is part of the Azulão-Jaguatirica integrated project, in the city of Silves, in the interior of Amazonas. This is the first gas producing area in the Amazon Basin. Azulão was discovered by Petrobras in the 1990s and declared commercial in 2004, but had never produced.... Continue Reading →
Oslo-listed oil and gas company BW Energy, responding to press speculation, said Monday it had not made any formal decision to buy any of Brazil-based Petrobras' assets. BW Energy said it had noted the press speculation regarding the possibility of BW Energy acquiring the Golfinho field in Brazil, which Petrobras has put up for sale.... Continue Reading →
The National Petroleum Agency (ANP) this week approved a resolution that deals with procedures for presenting guarantees and instruments that ensure the decommissioning of production facilities in oil and gas fields in the country. The presentation of these financial guarantees was already foreseen in the exploration and production contracts. The agency's new resolution brings more... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 09/25/2020, informs that it concluded, on this date, the sale of its 40% interest in the company GNL Gemini Comercialização e Logística de Gás Ltda. (GásLocal) to White Martins Gases Industriais Ltda. (White Martins), ending the controversies arising from the activities of the... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras (“Petrobras”) (NYSE: PBR) announces that its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”) has delivered notices to the holders of the outstanding 4.250% Global Notes due 2023 (“4.250% Notes”) and 4.375% Global Notes due 2023 (“4.375% Notes” and, together with the 4.250% Notes, the “Notes”) announcing the redemption prices for... Continue Reading →
(PetroNoticias) The National Petroleum Agency (ANP) approved the transfer of 100% of the Petrobras stake in the Miranga cluster in Bahia, to PetroReconcavo. The regulatory agency also gave the green light for the full sale of Polo Peroa, in the shallow waters of Espírito Santo, to 3R Petroleum. As a reminder, the sale of the... Continue Reading →
SBM Offshore is pleased to announce that it has secured a US$635 million bridge loan facility for the financing of the construction of FPSO Almirante Tamandaré. The facility was secured by the special purpose company which will own FPSO Almirante Tamandaré. Currently, SBM Offshore is the sole owner of this special purpose company. Discussions around... Continue Reading →
Vessel utilization in the offshore oil and gas seismic data acquisition sector has reached pre-pandemic levels in the third quarter of 2021, Rystad Energy has found. Rystad, a Norway-based energy industry intelligence firm, said that, after several devastating quarters caused by the pandemic, the seismic fleet’s hibernation is now over, with around 68% of the fleet... Continue Reading →
BW Offshore may acquire another asset in Petrobras' divestment program. Industry sources confirmed to PetroleoHoje that the Norwegian oil company was recently selected as the preferred bider for the Golfinho cluster, a deep-water package in the Espírito Santo Basin. Although BW Offshore does not comment on the subject, the company's proposal would have been around... Continue Reading →
Brazil Energy Insight 