Petróleo Brasileiro S.A. – Petrobras reports that it will release its 4Q20 production and sales report on February 2, 2020 and its 4Q20 financial performance report on February 24, 2020, after the markets close. On February 25, 2020 two webcasts will be held, the first in Portuguese and the second in English, to present the company's... Continue Reading →
New Fortress Energy to Acquire Power Purchase Agreements and Build LNG-to-Power Project at the Suape Port in Brazil
(BUSINESS WIRE)--New Fortress Energy Inc. (Nasdaq: NFE) (“NFE”) today announced that it has signed a Memorandum of Understanding (“MOU”) with Petrobras Distribuidora S.A. (“BR”) and CCETC Brasil Holding Ltda. (“CCETC”) to acquire 288MW of 15-year power purchase agreements (“PPAs”) and intends to develop an LNG terminal and gas-fired power plant at the Suape Port in... Continue Reading →
ANP forecasts a gradual growth in production in the coming years
ANP forecasts a gradual growth in production in the coming years, reaching 571.5 thousand m³ / day (3.6 million barrels per day) of oil and 173.2 million m³ / d of natural gas in 2025 . - It represents an increase of 23% in relation to 2021, in the case of oil, and 34% in... Continue Reading →
DBO Energy takes the lead in bid for Petrobras divestment Golfinho Cluster
(Reuters) DBO Energy, an oil and gas company supported by Germany's RWE AG, is in bilateral negotiations with Petrobras to buy the Golfinho oil hub, two sources said, as the Brazilian oil company moves forward with its ambitious divestment program. Golfinho is one of dozens of production assets that Petrobras put up for sale in... Continue Reading →
Transpetro: Federal Police triggers 79th Phase of Operation Lava Jato (Car Wash)
The Federal Police, in cooperation with the Federal Prosecutor's Office and the Federal Revenue Service, triggered this morning the 79th Phase of Operation Lava Jato, called “Vernissage”. About 70 federal police officers and 10 Internal Revenue Service auditors served 11 Search and Seizure warrants in Brasília / DF (2), São Luís / MA (3), Angra... Continue Reading →
Ocyan and Petrobras seal the deal for ultra-deepwater drillship
Brazilian oil and gas services provider Ocyan, formerly known as Odebrecht Oil & Gas, has been awarded a contract for an ultra-deepwater drillship by Petrobras for operations in the Santos Basin offshore Brazil. Ocyan said last week that the contract was awarded to the Norbe VIII drillship for a duration of 425 days. The contract was awarded... Continue Reading →
Constellation Nets Long-Term Drillship Deal with Petrobras
Brazilian oil and gas drilling company Constellation has won a long-term contract for its ultra-deepwater drillship Brava Star with the Brazilian oil firm Petrobras. Constellation said this week that the contract for the 2015-built Brava Star drillship was for 810 days and includes a termination for convenience after 180 days subject to a demobilization fee. ... Continue Reading →
Petrobras signs contract for sale of Mangue Seco 1
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on May 4, 2020, informs that it signed today with V2I Transmissão de Energia Elétrica S.A., with Vinci Infraestrutura Gestora de Recursos Ltda. as manager, a contract for the sale of the totality of its stake of 49% in Eólica Mangue Seco 1 –... Continue Reading →
Petrobras registers records in its 2020 annual production
Petróleo Brasileiro S.A. – Petrobras reports that it has registered records in its 2020 annual oil production and total annual production (oil and gas) of, respectively, 2.28 million barrels per day (bpd) of oil and 2.84 million barrels of oil equivalent per day (boed). The previous records occurred in 2015 and were 2.23 million bpd... Continue Reading →
Petrobras signs contract for sale of Mangue Seco 3 e 4
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on June 12, 2020, informs that it signed today with V2I Transmissão de Energia Elétrica S.A., with Vinci Partners Investimentos Ltda. as manager, a contract for the joint sale with Wobben Windpower Indústria e Comércio Ltda (Wobben) of all of its stakes (51% Wobben... Continue Reading →