Shearwater GeoServices has secured a contract by Petrobras to carry out 3D and 4D monitoring for towed streamer seismic acquisition in the Campos Basin offshore Brazil. The 3D and 4D programs will be conducted in a period of nine months by the SW Empress, over the Marlim, Albacora, and Voador fields. The Norway-headquartered seismic exploration company is... Continue Reading →
SBM Offshore Upbeat on New FPSO Projects after Q1 Revenue Drop
A string of new projects will help boost revenues at SBM Offshore, the oil and gas services company said on Wednesday, after reporting an expected 15% drop in the first quarter due to weakness at its turnkey business. The Dutch-based company's turnkey division builds and sells floating production and storage vessels to oil and gas... Continue Reading →
Petrobras on the TermoCamaçari Thermal Power Plant
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 03/16/2021, informs that the negotiation with the company Proquigel Química S.A. for the leasing of the TermoCamaçari Thermoelectric Plant (UTE TermoCamaçari), located in the state of Bahia, has ended unsuccessfully. Thus, the company will begin the decommissioning process of UTE TermoCamaçari, whose concession... Continue Reading →
Petrobras on agreement with Companhia de Eletricidade do Amapá
Petróleo Brasileiro S.A. – Petrobras informs that it has signed with the Companhia de Eletricidade do Amapá (CEA), a legal agreement for the termination of litigation and credit recovery by Petrobras, recognized in the amount of R$ 314 million. The agreement establishes the payment to Petrobras of R$ 132.6 million unconditionally, to be settled in... Continue Reading →
Petrobras on deadline for sale of assets under TCCs
Petróleo Brasileiro S.A. – Petrobras informs that its Executive Board approved, on today's date, the execution of amendments to the Commitment Terms (TCCs) signed with the Administrative Council for Economic Defense (CADE), with the purpose of extending the deadline for Petrobras to continue with the negotiations for the effective conclusion of the negotiation processes and signing of... Continue Reading →
Korea Shipbuilding & Offshore Engineering Confirms $764,5M FPSO Hull Order
Korea Shipbuilding & Offshore Engineering has through its subsidiary Hyundai Heavy Industries secured a ~$764,5 million order for the construction of an FPSO Hull. In a stock exchange filing on Tuesday, KSOE said it had secured a KRW 854,7 billion. It said its contract partner was Singapore's Keppel Shipyard and that the delivery was for... Continue Reading →
Petrobras on sale of onshore field in Sergipe/Rabo Branco
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on December 11, 2020, informs that it signed with Petrom Produção de Petróleo & Gás Ltda. (Petrom) a contract for the sale of its entire 50% stake in the onshore field of Rabo Branco, located in the Sergipe-Alagoas Basin, in the State of Sergipe.... Continue Reading →
MODEC IS PRE-QUALIFIED FOR FPSO P-80 TENDER
(PetroNoticia) A surprise in the list of companies pre-qualified for the bidding of the P-80 platform, which will be installed in the Búzios field, in the Santos Basin pre-salt. The Japanese company Modec is one of the 13 pre-qualified companies and may eventually prepare proposals for the event, even after being banned by Petrobras from... Continue Reading →
Petrobras signs contract to build seventh unit in Búzios
Petróleo Brasileiro S.A. – Petrobras informs that it signed a contract with Keppel Shipyard Limited to build the P-78, the seventh unit to be installed in the Búzios field, in the Santos Basin pre-salt area. With processing capacity of 180 thousand barrels of oil per day and 7.2 million cubic meters of gas per day, the... Continue Reading →
Petrobras is in negotiations to dispose of its gas E&P activities in Bolivia
(epbr) Petrobras is in negotiations to dispose of its gas E&P activities in Bolivia and to close all activities in Argentina and Colombia. - In Bolivia, gas production comes mainly from the San Alberto and San Antonio fields, where Petrobras holds a 35% interest in service operation contracts. - According to a source, the state... Continue Reading →