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August 25, 2020 Petróleo Brasileiro S.A. – Petrobras, following up on the releases dated 07/27/2020 and 03/20/2020, informs that it made today the partial pre-payment of its revolving credit lines, in the amount of US$ 2.1 billion. With this prepayment, the company currently has available US$ 5.6 billion for new withdrawals on the revolving credit... Continue Reading →
Aug 25, 2020 Petrobras is going to the market to charter support vessels for its operations in offshore fields. The state-owned company recently launched three tenders, which are linked to each other, for chartering vessels used to combat oil spills (known by the acronym OSRV). The period for submission of proposals started this week, but... Continue Reading →
August 24, 2020 Petróleo Brasileiro S.A. - Petrobras informs that it has started the opportunity disclosure stage (teaser), referring to the sale of all of its stakes in a set of twenty-six onshore and shallow water E&P concessions, located in the Potiguar Basin, in the state of Rio Grande do Norte, jointly called Potiguar Cluster.... Continue Reading →
Brazilian prosecutors pressed charges on Friday against two people for an alleged scheme to obtain confidential market information from Petrobras to benefit A.P. Moller-Maersk, the world's largest shipping company. The case stems from an investigation that started in 2014 as part of Brazil's sprawling Car Wash scandal, which has since included suppliers like Maersk and... Continue Reading →
Rio de Janeiro, August 21 , 2020 Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 08/26/2019, informs that it signed today with SPE Rio Ventura S.A., a wholly-owned subsidiary of 3R Petroleum e Participações S.A., a contract for the sale of its entire interest in eight E&P onshore fields, denominated Rio... Continue Reading →
August 21, 2020 Petróleo Brasileiro S.A. – Petrobras informs that it has started the opportunity disclosure stage (teaser), referring to the sale of all of its stakes in a set of five onshore field concessions, with integrated facilities, jointly called the North Capixaba Cluster, located in the state of Espírito Santo. The teaser, which includes... Continue Reading →
Aug 21, 2020 Total, together with its partners, will invest in the third phase of the Mero project in the Libra Block, located 180 kilometers off the coast of Rio de Janeiro, in the pre-salt area of the Santos Basin. Scheduled to start operating in 2024, Mero 3 FPSO1 will have the capacity to process... Continue Reading →
Offshore geotechnical services company Benthic will be deploying a remotely operated seabed drilling system off Brazil, as part of a contract awarded by the Brazilian national oil company Petrobras. Petrobras has hired Benthic to carry out geotechnical site investigation services at the giant Mero field located in the Santos Basin, which the company is developing in... Continue Reading →
TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded a large(1) contract for Engineering, Procurement, Construction and Installation (EPCI) through a competitive contracting process, by Petrobras, the leader and operator of the Libra Consortium, which was formed by Petrobras, Shell Brasil, Total, CNPC, CNOOC Limited and Pré-sal Petróleo SA (PPSA), for the pre-salt Mero field, located in... Continue Reading →
Aug 19, 2020 Petrobras signaling to operate exclusively in the exploration of oil and natural gas in the offshore segment in ultra-deep waters, the activities of onshore production and marginal accumulated activities have opened up to independent operators and medium and small companies. The opening provided the resumption of investments in the Brazilian onshore, re-activating... Continue Reading →
Brazil Energy Insight 