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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 →
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 →
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 →
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 →
(Reuters) - Exxon Mobil Corp (XOM.N) sees its investments in Brazil's offshore helping the company achieve a goal of lowering carbon emissions in its oil and gas production, country head Juan Lessmann said on Wednesday. Exxon's board is considering a pledge to cut carbon emissions to net zero by 2050 amid pressure from big investors to address... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras clarifies pieces of news in the media about the supply of natural gas for electric power generation. The company clarifies that it has expanded the supply of fuel for thermal power plants, which allowed to increase, between September 2020 and June 2021, the thermoelectric power generation of its plants and... Continue Reading →
(epbr) The ANP's Special Bidding Committee approved the registration of Chevron, Ecopetrol, Murphy Exploration, Petrobras, Shell and TotalEnergies in the 17th bidding round, scheduled for October 17th. -- The 17th round foresees the offer of 92 exploratory blocks, all offshore, divided into 11 sectors of four Brazilian sedimentary basins – Campos, Pelotas, Potiguar and Santos... Continue Reading →
The Buzios field, in the Santos Basin pre-salt, has gained an extra highlight this week of OTC Houston 2021. Petrobras won the Distinguished Achievement Award for Companies, the main award in the offshore industry, for the technological innovations implemented in the exploration and production of the field. Currently with four units in production, Buzios should... Continue Reading →
(PetroNoticias) About three years after acquiring the Titã block, in the Santos Basin pre-salt, the American company ExxonMobil started the first exploratory drilling in the area. The information was disclosed to the National Petroleum Agency (ANP) on its active wells portal. Drilling is being carried out in a water depth of 2,644 meters, using the... Continue Reading →
Petrobras is working with Japanese engineering company Modec to avoid delays in the implementation of the fifth production platform in the Buzios field, the asset's executive manager said on Monday. The Brazilian state-owned company proposed nine platforms for Buzios, its fastest growing deepwater project, in the 2021-2025 business plan. Four units are already in operation,... Continue Reading →
