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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 →
Jul 1, 2020 A much leaner company. This is the goal of the president of Petrobras, Roberto Castello Branco, who this Wednesday stated that the company should reduce the number of employees from the current 46,600 to 30,000. The executive also revealed that the Voluntary Dismissal Plans (PDVs) underway at the state-owned company had the... Continue Reading →
July 1, 2020 Modec will contract a new maintenance and security unit (UMS) to operate on the Brazilian coast. The vessel will support the FPSOs Cidade de Niterói, in Marlim Leste, Campos Basin; Cidade de Santos, in Uruguá-Tambaú, and Cidade de São Paulo, in Sapinhoá, Santos Basin, and the FSO Cidade de Macaé - all... Continue Reading →
July 1, 2020 Petrobras found more hydrocarbons in the well that confirmed good quality oil in the field in May, in a water depth of 2,108 m, According to ANP, Petrobras found new evidence of oil in well 9-BUZ-39DA-RJS, in the Búzios field, in the Santos Basin, in a water depth of 2,104 thousand m.... Continue Reading →
July 1, 2020 Petrobras receives proposals for the supply of wet Christmas trees (ANMs) for the Mero 3 field, in the Libra area, Santos Basin pre-salt. The tender calls for the acquisition of 11 pieces of equipment, along the same lines as the first two phases of the Mero field development. Source: PetroleoHoje
July 1, 2020 Petróleo Brasileiro S.A. – Petrobras announces that it is suporting the Task Force for Climate-related Financial Disclosures (TCFD), an initiative by the Financial Stability Board of the G20 group, which is comprised by 19 leading global economies and the European Union, with the mission of developing recommendations for the disclosure of financial... Continue Reading →
July 1, 2020 SBM Offshore is pleased to announce the closure of a US$600 million bridge loan facility for the financing of the construction of FPSO Sepetiba. The facility was secured by the special purpose company owning FPSO Sepetiba and was agreed with a consortium of four international banks. SBM Offshore is majority owner of... Continue Reading →
Brazil Energy Insight 