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3R Petroleum Oil and Gas recorded a loss of R$ 147.5 million in the fourth quarter of last year. With the result, the company recorded a total net loss of R$ 172.3 million in 2020. With regard to net revenue, the company recorded R$ 85.2 million in the fourth quarter, with a value of R$... Continue Reading →
DDW Offshore, an Akastor subsidiary, has entered into bareboat charter agreements with OceanPact Servicos Maritimos for two vessels for a period of 26 months. In addition, OceanPact will buy the vessels once the charters end. OceanPact is a Brazilian subsea and logistic company. The vessels in question are Skandi Saigon and Skandi Pacific. They are both anchor handling... Continue Reading →
Norway-based TMC Compressors has been awarded a contract to deliver a large marine compressed air system for the Brazil-bound FPSO Anita Garibaldi. The FPSO - to be delivered by Japan's MODEC in 2022- will be deployed at Petrobras' Marlim field in the Campos Basin. TMC will deliver a large marine compressed air system to FPSO... Continue Reading →
Cade approved the acquisition, by PetroReconcavo, of the 12 onshore concessions that form the Remanso Cluster. The transaction is still subject to the approval of the ANP and the transfer, by Petrobras, of the environmental licenses granted by the Institute of the Environment and Water Resources (Inema) Source: PetroleoHoje
Petróleo Brasileiro S.A. - Petrobras, following up on the press release disclosed on March 15, 2021, informs that the People Committee of the company's Board of Directors met on this date to analyze the appointment of Mr. Joaquim Silva e Luna for the positions of Member of the Board of Directors and CEO of Petrobras.... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras informs that the Brazilian Electricity Regulatory Agency (Aneel) approved, on this date, the revocation of the concession for the ThermoCamaçari Thermal Power Plant (UTE TermoCamaçari), located in the state of Bahia. Additionally, Petrobras is negotiating with Proquigel Química S.A., a company that is part of the Unigel Group, to lease... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras informs that today it has called the Annual General Meeting (AGM) and the Extraordinary General Meeting (EGM), to be held on April 14, 2021, exclusively in digital form. The AGM will resolve on: (i) Management’s Report and the Company’s Financial Statements, with the report from the independent auditors and the... Continue Reading →
Ocyan won a new contract from Petrobras for maintenance activities and offshore services on the Merluza and Mexilhão platforms, in the Santos Basin. The contract will be for the next three years and can be renewed for another 24 months. Initially, 220 workers will be mobilized for the project and the forecast is to reach... Continue Reading →
The encouraging projections for the Brazilian subsea market in 2021 are starting to materialize. Petrobras launched a tender for contracting the production collection system and anchoring services of the FPSO Almirante Tamandaré, the sixth production unit in the Buzios field, earlier this week. The bidding will last until June 7, when the state company will... Continue Reading →
The Covid-19 pandemic not only devastated oil demand in 2020 but also forced the global oil and gas industry to severely downsize its staffing levels. However, not all producing countries were affected in the same way, according to Norwegian energy intelligence firm Rystad Energy. A Rystad Energy analysis shows that the world’s top oil and gas employer,... Continue Reading →
Brazil Energy Insight 