Norway's BW Offshore Ltd and DBO Energy are among the firms mulling a bid for Petrobras' Golfinho oilfield cluster, two sources said, as Brazil's state-run oil company seeks to re-spark its asset sale program in the wake of this year's crude price crash. With average daily production of 15,000 barrels of oil and 750,000 cubic meters of gas, Golfinho is... Continue Reading →
Petrobras on news in the press regarding RLAM
July 9, 2020 Petróleo Brasileiro S.A. – Petrobras, regarding to the news published in the media, referring to the divestment of the Landulpho Alves Refinery (RLAM), clarifies that there was approval by the Company's internal bodies to start the negotiation phase of the applicable contracts and the Mubadala Investment Company (Mubadala) presented the best binding... Continue Reading →
Petrobras on shallow water field sales
July 9, 2020 Petróleo Brasileiro S.A. – Petrobras informs that it signed today with OP Pescada Óleo e Gás Ltda., a wholly-owned subsidiary of Ouro Preto Óleo e Gás S.A., an agreement for the sale of its entire stake in the Pescada, Arabaiana, and Dentão fields located in shallow waters of the Potiguar Basin (Pescada... Continue Reading →
PETROBRÁS PLATFORM AUCTION IS RESCHEDULED FOR JULY 24
Jul 9, 2020 The international auction for the sale of Petrobras' P-7, P-12 and P-15 platforms was rescheduled for the next 24th, at 10am. The electronic auction will take place through the auctioneer João Emílio's website. Initially, the event would be held today. The platforms being auctioned by Petrobras are currently anchored in the Campos... Continue Reading →
TechnipFMC prepares Mero campaign
July 9, 2020 TechnipFMC starts to manufacture, in this semester, the rigid pipeline lines for Petrobras' Mero 1 field, at its plant (Açu spoolbase) in Porto do Açu, in São João da Barra (RJ). The pipes will be installed at the location in the Santos Basin pre-salt by the Deep Blue and Deep Energy vessels,... Continue Reading →
After Sumitomo, Another Japanese Firm Takes Stake in Yinson’s Brazil FPSO Project
Malaysian FPSO specialist Yinson has welcomed another Japanese investor to its Marlim 2 FPSO project. Yinson is building the Anna Nery FPSO (conversion from Falcon VLCC) to be deployed at Petrobras Marlim II project offshore Rio de Janeiro, under a 25-year lease contract. Continue reading
Petrobras on fuel oil production at Replan
July 8, 2020 – Petróleo Brasileiro S.A. – Petrobras informs that the Paulínia Refinery (Replan), located in the state of São Paulo, broke the monthly production record for Bunker 2020, a low-sulfur fuel oil used on ships, for the second consecutive month. In June, the refinery reached 148 thousand m³, 20% higher than the previous record... Continue Reading →
Rystad: FPSO Contract Awards to Rebound in 2021 after Poor 2020
Norway-based energy intelligence firm Rystad Energy said Tuesday it didn't expect any new FPSO orders this year, however, it expects the situation will improve next year when it foresees seven new FPSO to be ordered. "Hit by the second industry downturn in five years, global awards for floating production, storage and offloading (FPSO) vessels will... Continue Reading →
Petrobras to Launch Tender for Brazil’s Biggest Ever FPSO
Petrobras is preparing to launch a tender to build Brazil's largest-ever oil platform, according to two people with knowledge of the matter, as the state-controlled oil firm pushes ahead with ambitious plans to boost deepwater production. Petroleo Brasileiro SA, as the Rio de Janeiro-based producer is formally known, plans to launch the leasing tender for... Continue Reading →
Petrobras and Odebrecht should have agreement on Braskem in 6 months, says CEO
July 6, 2020 Petrobras hopes to reach an understanding within six months with Odebrecht about a new shareholder agreement for petrochemical Braskem, in which both companies are partners, said CEO Roberto Castello Branco during an online event on Monday. The new agreement, in which preferred shares would be converted into voting shares, would allow Petrobras... Continue Reading →
