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Sept 22 (Reuters) - Brazilian authorities are investigating whether JPMorgan Chase & Co (JPM.N) played a role in an alleged bribery and money laundering scheme that dated back to 2011 and involved state-run oil company Petrobras, according to documents reviewed by Reuters and two law enforcement sources. So far, police have focused their attention on purchases of... Continue Reading →
(TNPetroleo) Oil States Brasil enters into a new contract with Petrobras for the maintenance and operation of dual bore completion risers, including accessories and peripherals such as elevator, spider, torque wrench, boxes, handling and test tools, adapters, pins, test caps, among others. The contract, which will last for 3 years, will all be performed in... Continue Reading →
Karoon Energy sees strong growth prospects in Brazil, where it started producing oil last year, working to more than double output by 2023 and considering two options to develop another field by mid-decade, its chief executive said on Monday. Karoon produced an average of just over 13,000 barrels per day (bpd) in the eight months... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras announces its ambition to achieve net zero greenhouse gas emissions from operations under its control (scopes 1 and 2), and its intention to leverage its influence to achieve the same in non-operated assets, in a timeframe compatible with that established by the Paris Agreement. The decision is part of the... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 06/28/2021, informs that it has concluded the non-binding phase initiated on 07/08/2021 related to the sale of its entire 27.88% equity interest in Deten Química S.A. (Deten), located in the industrial complex of Camaçari, in the state of Bahia. The company is starting... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras informs that it published today the call for the exceptional access process to the Pecém Liquefied Natural Gas Regasification Terminal, in the State of Ceará (TR-PECEM) and its associated facilities. This process aims to comply with the determination of the Chamber of Exceptional Rules for Hydropower Management (CREG), in accordance... Continue Reading →
FPSO operator SBM Offshore has completed the project financing of FPSO Sepetiba for a total of $1.6 billion, which is the largest project financing in the company’s history. The project financing was secured by a consortium of 13 international banks with insurance cover from Export Credit Agencies (ECA): Nippon Export and Investment Insurance (NEXI) and... Continue Reading →
(PetroleoHoje) Petrobras received seven proposals for chartering a jack-up rig for operation in the Northeast China Union Offshore presented the best price for the charter of a self-elevating intervention rig for operation in water depths from 12 to 50 m. The Asian group offered the DSJ300 jack-up, with a daily rate of US$72,000 plus a... Continue Reading →
DOF ASA’s Brazilian subsidiary, Norskan Offshore, has secured a new long-term contract and an extension for two of its AHTS vessels with Petrobras. DOF announced on Tuesday, 14 September 2021 that its Anchor Handling Tug Supply (AHTS) vessel, Skandi Botafogo with 180t bollard pull (BP) was awarded a brand new three-year contract with Petrobras with the scheduled startup of operations in the... Continue Reading →
(epbr) Opinion of the Specialized Federal Attorney with Ibama considered that Petrobras' request for a preliminary license (LP) for exploration in Foz do Amazonas is illegal, according to information supplied by WWF-Brasil. The oil company tried to slice up the licensing to streamline the process. -- Petrobras requested the exceptional issuance of an LP, which... Continue Reading →
Brazil Energy Insight 