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Sept 9, 2020 Eagle Paulínia, the second of the four new vessels that are being added to Petrobras' relief fleet in 2020, carried out the first relief operations in Búzios, in the Santos Basin, and concluded its first operational cycle. In the last week of August, the vessel carried out two offloadings - oil transfer... Continue Reading →
September 8, 2020 Petróleo Brasileiro S.A. – Petrobras, in compliance with article 12 of CVM Instruction no. 358, dated of 1/3/2002, reports that it was notified today by Capital Research Global Investors (CRGI), independent investment division of Capital Research and Management Company, that it has acquired preferred shares issued by the company and it manages... Continue Reading →
September 8, 2020 Petróleo Brasileiro S.A. – Petrobras, following up on the release dated August 10, 2020, informs the beginning of the binding phase regarding the sale of 50% to 100% of its stake, with the passing of the operation, in the BM-S-51 concession, in the Santos Basin. The concession is located at water depths... Continue Reading →
Ill-timed bets on rising demand have Exxon Mobil Corp facing a shortfall of about $48 billion through 2021, according to a Reuters tally and Wall Street estimates, a situation that will require the top U.S. oil company to make deep cuts to its staff and projects. Wall Street investors are even starting to worry about... Continue Reading →
Malaysian FPSO provider Yinson has ordered a large marine compressed air system from TMC for the FPSO Anna Nery, which currently under construction in China, and destined for Petrobras' Marlim revitalization project in Brazil. TMC's compressed air system will consist of four large capacity service and instrument air compressors with associated air dryers and filters. TMC... Continue Reading →
September 4, 2020 Petróleo Brasileiro S.A. – Petrobras informs the conclusion of the Drill Stem Test (DST) in the area of Júpiter Discovery Assessment Plan, located in the Santos Basin presalt. The Jupiter area belongs to the BM-S-24 concession, in which Petrobras is the operator, with an 80% interest, and was acquired in 2001 in... Continue Reading →
Brazilian oil company Petrobras has extended contracts with offshore services company Subsea 7 for three pipelay support vessels (PLSVs) operating offshore Brazil. Subsea 7 said Friday that the extensions of long-term contracts had a combined value of about $155 million, net of agreed reductions to the current day-rates. Continue reading
Sept 3, 2020 Petrobras is already working on the development of Buzios 9 FPSO and for the other phases of the Santos cluster mega field. The oil company hired Doris Engenharia to develop the basic project for a generic FPSO, with a capacity to produce 225 thousand bopd and compress 12.5 million m³ / d... Continue Reading →
Sept 3, 2020 Petrobras in talks with companies that presented lower prices in the bidding. Solstad Offshore presented the lowest price in a bid by Petrobras to hire a vessel to support the operations of underwater robots (RSV). The company offered a daily fee of US $ 53,884.72 with Far Saga, surpassing the proposal presented... Continue Reading →
Sept 3, 2020 The Lula field, in the pre-salt of the Santos basin, achieved a feat that is not yet properly recognized internationally: it is today the seventh field with the largest oil production in the world, surpassing emblematic assets in the onshore and offshore of countries like Russia, United States and Iraq. With a... Continue Reading →
