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Rio de Janeiro, July 8, 2019 - Petróleo Brasileiro S.A. - Petrobras reports that it signed an Agreement with the Administrative Council for Economic Defense (CADE), which consolidates understandings between the parties on the promotion of competition in the natural gas industry in Brazil, including the sale of shareholdings in companies operating thereof. The purpose... Continue Reading →
July 8, 2019 Having worked meticulously with Petrobras for years, suppliers in Norway and their hub of sub-suppliers are again gaining large bulk orders from Brazil, as the country’s unexplored reserves compel the national oil company to buy - and borrow - Norwegian. About 15 years after Norwegian suppliers installed Brazilian deepwater research facilities and... Continue Reading →
July 8, 2019 Petrobras will launch notices for the charter of Mero 3, Itapu and Sergipe-Alagoas FPSOs by the end of the year, leaving the Mero 4 process to begin in 2020. The bidding schedule for the new units was confirmed to BE Petroleo by a source of the oil company. The first will be... Continue Reading →
Rio de Janeiro, July 8, 2019 - Petróleo Brasileiro S.A. - Petrobras reports that it has started the opportunity disclosure stage (teaser), related to the sale of all its stakes in four onshore fields, including the shared outflow and production treatment facilities, located in Bahia, jointly known as Tucano Sul Cluster. Petrobras is the operator... Continue Reading →
Petrobras is splitting its petroleum trading unit into a division for domestic markets and another for international markets. “The change aims to align Petrobras with movements in the sector and bring more synergies, innovation and agility to its trading unit,” Petroleo Brasileiro SA, as the Brazilian state-controlled oil producer is officially known, said in an emailed... Continue Reading →
July 5, 2019 – Petroleo Brasileiro S.A. - Petrobras informs that its Chief Governance and Compliance Executive Officer, Rafael Mendes Gomes, presented his resignation from the position, for personal reasons. Petrobras will initiate a selection process to choose the new Officer who, according to the company's governance rules, must be elected by the Board of... Continue Reading →
July 5, 2019 Petrobras produced between April and June about 190,000 cubic meters of low sulfur marine fuel, known as Bunker 2020, meeting a new international rule to reduce the emission of pollutants by ships. The production took place at six refineries, including that of Abreu e Lima (RNEST) in Pernambuco, which sold its first... Continue Reading →
July 5, 2019 Petrobras has launched a tender to contract high-resolution geophysical data acquisition and processing services in the Campos, Santos and Espírito Santo basins. The scope is divided into two programs. One of them involves the monitoring of the Mexilhão and Rota 3 pipelines, in the Santos Basin; Camarupim, in Espírito Santo; and Route... Continue Reading →
June 5, 2019 Petrobras signs until the end of this month the charter agreement for the Laguna Star drillship, which will operate exclusively for the BM-S-11 project in the Santos Basin cluster. The directors of Shell and Petrogal - partners of the Brazilian oil company in the BM-S-11 consortium - have approved the contracting of... Continue Reading →
July 5, 2019 Petrobras will anticipate the declaration of commerciality of Moita Bonita, in deep waters of Sergipe, where it made giant discoveries of natural gas. The ANP board approved the inclusion of a new well in Moita Bonita's discovery assessment plan (PAD) and the change of deadline for December 1 of this year. The... Continue Reading →
Brazil Energy Insight 