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January 29, 2020 The federal government made a change to the re-bidding of the surplus of the Transfer of Rights assignment of Sépia and Atapu, in the Santos Basin pre-salt, and Pre-Salt Petroleum (PPSA) will be responsible for negotiating and defining with Petrobras the value of the indemnity that will be charged to possible partners... Continue Reading →
Jan 29, 2020 A new chapter in the history of Petrobras' problems with flexible risers. A line connected to the FPSO Cidade de Angra dos Reis, located in the Lula field, broke on the 21st. According to Petrobrás, there was no damage to the environment and it was also not necessary to stop production. The... Continue Reading →
Jan 29, 2020 Petrobras hired seven investment banks to sell a stake in BR Distribuidora, three sources with knowledge of the matter told Reuters. The offer will be coordinated by the investment banking units of Morgan Stanley, JP Morgan Chase & Co, Goldman Sachs Group, Itaú Unibanco Holding, XP, Bank of America and Citgroup, the... Continue Reading →
Jan 28, 2020 For the first time, an FPSO installed in the Lula field was the one that produced the most in the country The FPSO P-69 extracted 183,767 thousand boed in November 2019, occupying, for the first time, the top of the list of FPSOs with the highest production in the country, according to... Continue Reading →
Jan 28, 2020 Report by consultancy Wood Mackenzie highlights that Petrobras and Shell found evidence of oil and gas in their wells, but nothing economically attractive for now Since 2017, oil companies have paid R$ 42 billion for exploration areas in the Brazilian pre-salt layer, one of the regions most coveted by multinationals. Despite this,... Continue Reading →
JAN 24, , 2020 The FPSO P-70, which began its journey to Brazil on December 9 last year, is anchored in Guanabara Bay. The FPSO will carry out its activities in the Atapu field, in the Santos Basin pre-salt. The unit left the COOEC shipyard in Qingdao, China, where the integration works for the platform... Continue Reading →
January 24, 2020 Petrobras is contracting services and equipment for the new development phase of the project in the Campos Basin The attention of the supply industry returned to Parque das Baleias, a complex of deep water fields in the Campos Basin. In addition to subsea systems, Petrobras is bidding to contract 4D seismic mapping... Continue Reading →
January 23, 2020 Petrobras, following up on the release disclosed on 12/20/2019, informs the beginning of the non-binding phase related to the sale of all shares of BSBios Indústria e Comércio de Biodiesel Sul Brasil S/A (BSBios) by its wholly-owned subsidiary Petrobras Biocombustíveis S.A. (PBio). Potential buyers qualified for this phase will receive a descriptive... Continue Reading →
Prysmian Group, a services provider in the energy and telecom cable systems industry, has been awarded a contract by Libra, a consortium of international oil & gas operators, for steel tube umbilicals to be installed in the Mero oilfield, located offshore Brazil. The Libra Consortium is led by Petrobras – with a 40% interest –... Continue Reading →
January 22, 2020 By Marcus D’Elia The long-awaited competition in the oil and gas market may delay more than expected. According to a study by Leggio, the sale of the eight refineries by Petrobras is not enough to generate competition in this market. For this to actually happen, it will also be necessary to expand... Continue Reading →
Brazil Energy Insight 