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Brazilian state-controlled oil company Petrobras is considering installing offshore units to liquefy the growing natural gas production from the so-called pre-salt area, the company's emissions and climate change manager said during a webinar on Friday. Liquefied natural gas units could be an alternative for the gas associated with oil produced at the deep-water exploratory region... Continue Reading →
Swiss-based technology giant ABB will provide electrical, control, and telecommunication solutions for Malaysia-based Yinson's new FPSO - Anna Nery. Once delivered, the FPSO will be deployed at Petrobras' Marlim 2 oil field offshore Brazil. "Leveraging its ABB Ability System 800xA control system with Select Input/Output (IO), ABB will take responsibility for integration engineering in the project,... Continue Reading →
San Donato Milanese (MI), July 6th 2020 Saipem has been awarded a contract by Petrobras for the installation of a rigid riser-based subsea system to serve the Búzios pre-salt project, in water depths from 1537 to 2190 meters, offshore the state of Rio de Janeiro. The Búzios-5 overall production system foresees the interconnection of 15... Continue Reading →
July 03, 2020 Petróleo Brasileiro S.A. – Petrobras, following up on the press release disclosed on May 15, 2020, announces the beginning of the binding phase regarding the sale of its 10% remaining stake in Nova Transportadora do Sudeste S.A. (NTS). Potential buyers qualified for this phase will receive a process letter with detailed instructions... Continue Reading →
July 3, 2020 Following its plan to increase digitization in its processes, Petrobras has hired a new satellite service and is already seeing the first positive results. According to the company, the change will allow a 75% reduction in transmission time between platforms, going from 600 to 150 milliseconds - less than the blink of... Continue Reading →
Petrobras releases teaser for sale of Petrobras Biocombustível July 03, 2020 Petróleo Brasileiro S.A. – Petrobras reports that it has started the opportunity disclosure stage (teaser), regarding the sale of its wholly-owned subsidiary Petrobras Biocombustível S.A. (PBIO) This transaction consists of the sale of 100% of Petrobras' shares in PBIO, including three biodiesel plants, and does... Continue Reading →
July 2, 2020 Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on April 8, 2020, hereby updates the market on the Voluntary Severance Programs (PDVs) and Incentive Retirement Program (PAI) implemented by the company as part of its resilience actions aimed at maximizing value generation for shareholders. In addition to the PAI,... Continue Reading →
July 2, 2020 Flexibrás (TechnipFMC) presented the lowest price in a bid from Petrobras to hire 12,415 km of flexible lines, including accessories, spare parts and freight. The company's proposal was R $ 87.1 million, exceeding the offers of NOV Flexibles (R $ 105 million) - which closed a contract for 137 km of pipelines... Continue Reading →
July 2, 2020 In May, national production was 3,485 MMboe / d (million barrels of oil equivalent per day), of which 2,765 MMbbl / d (million barrels per day) of oil and 114 MMm3 / d (million m3 per day) ) of natural gas. Oil production decreased by 6.5% compared to the previous month and... Continue Reading →
MAN Energy Solutions will deliver six compressor trains for Yinson's FPSO being built for deployment in Brazil. For the FPSO named Anna Nery, MAN Energy Solutions will deliver four RB-type centrifugal-compressor trains for gas production and export, as well as two screw-compressor trains, which will be put into operation as vapor-recovery units. The FPSO will... Continue Reading →
Brazil Energy Insight 