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Jan 17, 2020 The ANP signed a contract with Ecology to prepare the Environmental Study of Sedimentary Area in the offshore part of the Sergipe-Alagoas / Jacuípe Basin. It will also be proposed an action plan for studies and research and monitoring, in order to expand the socio-environmental knowledge of the Basin and present data... Continue Reading →
Jan 16, 2020 Global Infrastructure Partners (GIP) fund manager plans to submit a joint offer with Raízen for refineries for sale by Petrobras, two people with knowledge of the matter said. Raízen, a joint venture between Royal Dutch Shell PLC and ethanol producer Cosan SA, made non-binding offers for the largest refineries for sale by... Continue Reading →
Jan 15, 2020 Petrobrás notified the National Petroleum Agency (ANP) of a discovery of oil evidence in the Marlim Leste field, in the Campos Basin, at a water depth of 1,226 meters in the well 9-MLL-83-RJS . The Marlim Leste field adopts two production development modules: the P-53, a FPU (Floating Production Unit) type platform;... Continue Reading →
January 16, 2020 Petróleo Brasileiro S.A. – Petrobras, with regards to news published in the media, referring to the sale of its stake in BR Distribuidora S.A. (BR), clarifies that the information that a possible subsequent offer of shares will take place in February and that the banks that will coordinate the operation have already... Continue Reading →
January 15, 2020 - Petróleo Brasileiro S.A. - Petrobras reports that it has started the opportunity disclosure stage (teaser), referring to the sale of its entire stake in two sets of deep-water post-salt offshore concessions, namely Golfinho Cluster and Camarupim Cluster, located in the Espírito Santo Basin. The teaser, which includes key information about the... Continue Reading →
January 14, 2020 Petróleo Brasileiro S.A. - Petrobras reports that it has approved the mothballing of the fertilizer plant of its wholly owned subsidiary Araucária Nitrogenados S.A. (ANSA), located in the state of Paraná. ANSA has been posting recurring losses since it was acquired in 2013. From January to September 2019, the company posted a... Continue Reading →
A strong 2019 provided telltale signs that the industry was entering a new offshore investment cycle, Espen Erlingsen, head of upstream research at Rystad Energy has said. Erlingsen said on Tuesday that this trend was perhaps illustrated most profoundly by the rising swell of offshore project approval activity by operators in 2019. Globally, the amount... Continue Reading →
JANUARY 14, 2020 (Reuters) - With an eye on the growth potential of Brazil's oil industry with the pre-salt, Japanese giant Modec will seek to win at least one or two major platform charter contracts a year in the country, where it bets on technological development to stand out from international rivals. In an interview... Continue Reading →
January 14, 202o Permission was given after meeting operational safety conditions at Polo Pargo The ANP authorized Perenco to resume the operation of Polo Pargo last Friday (10/1). According to the agency, the permission was given after analysis that found the fulfillment of operational safety conditions. Located in the Campos Basin, the hub comprises the... Continue Reading →
Offshore accommodation specialist Prosafe has missed its final payment to China’s Cosco shipyard for the Safe Notos flotel amid talks with lenders meant to secure financial flexibility for the longer term. As part of this, the company’s final payment of approx. $18.5 million owed and due under the sellers credit to Cosco for the Safe... Continue Reading →
Brazil Energy Insight 