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The state-affiliated Japan Bank for International Co-operation (JBIC) has agreed to loan $352mn to a Japanese consortium developing a floating production, storage and offloading (FPSO) unit, which will be chartered to Brazil's state-controlled Petrobras for use at the Marlim oil field in the Campos basin offshore Brazil. The loan will be co-financed by private banks... Continue Reading →
Norwegian offshore vessel owner DOF has won a contract with the Petrobras-led Libra consortium to provide a multi-purpose support vessel for work at the Mero offshore oil field in Brazil. The Libra Consortium is led by Petrobras - with a 40% interest - in partnership with Shell Brasil (20%) ; Total (20%), CNODC (10%) and CNOOC... Continue Reading →
(Reuters) - Brazil has had a boom in oil and gas auctions since 2017, before the pandemic postponed new bids, but the first wells drilled by the winners of these disputes have disappointed, which sparks alerts for the government in relation to the next rounds, Wood Mackenzie analysts told Reuters. The initial results considered "disappointing"... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the releases disclosed on July 21 and 29 and August 26, 2020, hereby informs that a judicial decision was issued at the end of yesterday, October 8, determining the continuity of the arbitration instituted by Fundação Petrobras de Seguridade Pessoal (Petros) and Caixa de Previdência dos Funcionários... Continue Reading →
(Reuters) - A consortium formed by Brazil's 3R Petroleum and DBO Energy, linked to Norway, is in bilateral negotiations with Petrobras to acquire a group of offshore natural gas fields, according to two sources with direct knowledge of the subject. The Peroá Cluster, located on the coast of Espírito Santo, would be among the first... Continue Reading →
Malaysia's Yinson said its floating production, storage and offloading unit (FPSO) Anna Nery sailed away from the Cosco Qidong shipyard in Jiangsu, China and has entered drydock at the Cosco Changxing shipyard in Shanghai, marking the next phase of the FPSO construction. FPSO Anna Nery, which is being built from a converted tanker Falcon, is Yinson’s first... Continue Reading →
The conclusion of the operation by which Petrobras PETR4.SA negotiated the sale of its Liquigás liquefied petroleum gas distribution unit to a group formed by Copagaz, Itaúsa and other companies will depend on an agreement with the Brazilian regulatory agency CADE. As published in the Official Gazette, the General Superintendence of the Administrative Council for... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras reports that in September, for the fourth month in a row, it surpassed the record production of S-10 low sulfur diesel, reaching the 1.89 million m³ mark. Also in September, Petrobras reached the sales record of the same product when 1.91 million m³ were sold. The growth in production of the... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras reports that it will release its quarterly production and sales report on October 20th, 2020 and its financial performance report on October 28th, 2020, after the markets close. On October 29th, 2020 two webcasts will be held, the first in Portuguese and the second in English, to present the company's... Continue Reading →
TechnipFMC delivered the last of 127 wet Christmas trees (ANMs) contracted by Petrobras in 2012 for pre-salt projects, the company announced on social media on Monday (5/10). The $ 1.5 billion contract was signed with FMC Technologies, which merged with Technip in 2017. Source: PetroleoHoje
