September 3, 2019 - Petróleo Brasileiro S.A. - Petrobras reports that in August its total oil and gas production, including natural gas liquids (NGL), was 3 million barrels of oil equivalent per day (boed), with daily production achieving 3.1 million boed, both reaching record high. In addition, the average pre-salt production (including partners share), in... Continue Reading →
Petrobras wins international award for innovative technologies on the Libra bloc (Bloco de Libra), on the pre-salt layer
Sept 3, 2019 Petrobras is receiving one of the most important awards in the petroleum and gas industry, given by the Brazilian chapter of the Offshore Technology Conference (OTC Brazil), for the series of innovations developed during the Libra Long Term Testing (TLD), at the Bacia de Santos' pre-salt layer. According to the OTC Brazil,... Continue Reading →
Petrobras announces start of binding phase for the sale of shallow water E&P assets in Campos Basin – Garoupa Cluster
September 2, 2019 Petróleo Brasileiro S.A. – Petrobras, following up on the release dated 08/09/2019, reports the beginning of the binding phase to sell all of its operated working interest in 11 producing shallow waters fields located in the Campos Basin, jointly called Garoupa Cluster. Qualified parties for this phase will receive a process... Continue Reading →
Petrobras announces extension of deadline for expression of interest in refining and logistics asset sale processes
Aug 30, 2019 Petrobras, in continuation of the announcements released on June 28 and July 15, 2019, referring to the first phase of the refining and associated logistics assets sale processes in the country, which includes refineries Abreu e Lima (RNEST), Landulpho Alves (RLAM), President Getúlio Vargas (REPAR) and Alberto Pasqualini (REFAP) and their corresponding... Continue Reading →
Petrobras Extends with DOF
Sept 2, 2019 DOF’s subsidiary Norskan and Petrobras have signed a 1-year extension for the AHTS Skandi Fluminense. The vessel, built in 2007, is an AHTS 18.000 with one work-class ROV operated by DOF Subsea on board. According to DOF, the new deal should see the vessel employed until September 2020. The contract extension... Continue Reading →
High priority for pre-salt projects
Aug 30, 2019 Petrobras' main projects today are focused on natural gas, whose exploration focuses on deep water. There are several development fronts in this arena, which involve resources of US $ 3.7 billion. The most important of them, the so-called Route 3, is under implementation. The Integrated Route 3 Project, with a capacity of... Continue Reading →
Decommissioning of 21 platforms should generate $ 50 billion for the naval industry
Aug 30, 2019 Decommissioning of platforms should generate $ 50 billion of investments for the naval industry. Rio de Janeiro will concentrate the works with the decommissioning of 21 old oil rigs installed in the Campos Basin, which need to have their equipment disassembled and uninstalled. The statement comes from the Secretary of State for... Continue Reading →
Petrobras updates on event in the Campos Basin – FPSO Rio de Janeiro
August 29, 2019 - Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on 08/28/2019, reports that Modec has reported to the company that, this Thursday morning, the Salvage team boarded the FPSO Cidade do Rio de Janeiro again to proceed with the activities to prepare the decommissioning and removal of the vessel.... Continue Reading →
Petrobras announces start of binding phase for the sale of Compañia MEGA S.A.
August 29, 2019 Petróleo Brasileiro S.A. – Petrobras, following up on the release dated 07/11/2019, informs the beginning of the binding phase related to the sale of its entire 34% stake in Compañia MEGA S.A. (“MEGA”), through its wholly-owned subsidiary Petrobras International Braspetro B.V. (“PIB BV”). Parties qualified for this phase will receive a process... Continue Reading →
Torpedo piles to keep Mero 1 FPSO in place
Brazilian engineering and construction firm Delp will deliver subsea torpedo piles for the anchoring system designed to keep Petrobras’ Mero 1 FPSO in place. The Mero 1 FPSO will be used for oil production at Mero field, in the Libra block offshore Brazil. The Mero field is located around 180 kilometers off the Rio de... Continue Reading →