Petróleo Brasileiro S.A. – Petrobras, following up on the material fact released on August 4, 2021, informs that it is making today the payment of the 1st installment of the remuneration anticipation to shareholders related to fiscal year 2021. The gross amount distributed, in the amount of R$ 21,000,003,096.30, corresponds to a gross amount of... Continue Reading →
Petrobras receives payment of the Búzios Coparticipation Agreement
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 08/12/2021, informs that today it received cash payment of US$ 2.9 billion for the obligations of its partners CNODC Brasil Petróleo e Gás Ltda. (CNODC) and CNOOC Petroleum Brasil Ltda. (CNOOC) in the Búzios Coparticipation Agreement (Agreement). With this payment, Petrobras will issue... Continue Reading →
Petrobras Awards 3-year Deals for DOF/TechnipFMC PLSV Duo
Brazilian oil company Petrobras has contracted awarded contracts for two pipelay support vessels owned by DOF and TechnipFMC. Oslo-listed DOF Subsea said Tuesday that the contracts, for three years each, are for the vessels Skandi Vitória and Skandi Niteroi, secured via JV partner TechnipFMC and via Norskan Offshore, respectively. Both vessels are Brazilian-built and flagged and owned... Continue Reading →
Petrobras starts production of FPSO Carioca in Sépia field
Petróleo Brasileiro S.A. – Petrobras informs that today it began producing oil and natural gas from FPSO Carioca, the first platform in Sépia field, in the Santos Basin pre-salt. The platform, a FPSO type (floating production storage and offloading unit of oil and gas), is located approximately 200 km off the coast of the state... Continue Reading →
Trident Energy plans an FPSO for Enchova and Pampo Clusters in 2023
(epbr) Trident Energy intends to put into operation in the fourth quarter of 2023 the new platform that will operate in the Enchova and Pampo clusters, in the Campos Basin, acquired by the company in the divestment of Petrobras. The FPSO-type unit will have the capacity to process 55,000 barrels of oil per day. --... Continue Reading →
PETROBRAS DISQUALIFIES YINSON’S FPSO PROPOSAL FOR PARQUE DAS BALEIAS
Petrobras disqualified this week the proposal of the company Yinson form the construction of the Parque das Baleias FPSO, the only one that made bid in the tender. According to the oil company, in a decision published on the Petronect portal, Yinson's offer was “above the estimate”. Even after months of negotiations, the two sides... Continue Reading →
Petrobras oil & gas divestments could end this year
The Petrobras divestment program of oil and gas producing fields has a date set to end: December 31, 2021, as determined by the National Agency for Petroleum, Natural Gas and Biofuels (ANP). In recent years, medium-sized oil companies have gained muscle by acquiring state-owned assets. But, starting in 2022, they will need to look for... Continue Reading →
Karoon Energy Names New CFO
Australian oil and gas company Karoon Energy has this week named Ray Church as Executive Vice President and Chief Financial Officer. Church will start with Karoon on September 27. 2021. Current Chief Financial Officer, Scott Hosking, will oversee the preparation of Karoon’sfinancial statements for the year ended June 30, 2021, and will step down from... Continue Reading →
Petrobras clarifies about pieces of news in the media
Petróleo Brasileiro S.A. – Petrobras, regarding the piece of news published in the media, clarifies that its stake in Braskem is part of the assets included in its portfolio management, as disclosed in the Strategic Plan 2021-2025. As disclosed on August 9, 2021, Petrobras has hired JP Morgan for financial advisory services for the eventual... Continue Reading →
ABS to Class FPSO Pair Being Built for Petrobras Buzios Field
The American Bureau of Shipping said Thursday that an FPSO duo being built for Brazil's Petrobras would be constructed to ABS Class. The sister FPSOs are currently named P-78 and P-79 and will be deployed at the giant Buzios pre-salt offshore oil field in Brazil's Santos Basin. ABS said that the fact the FPSO duo... Continue Reading →