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(Reuters) - China National Petroleum Corp (CNPC), Asia's largest oil and gas producer, has over the past three decades built a global portfolio with assets in 33 countries. The company's overseas production exceeded 100 million metric tons, or 2 million barrels per day of oil equivalent, for the first time in 2019 and has since... Continue Reading →
(PN) After approving the National Energy Transition Policy and other measures related to the green economy, the National Energy Policy Council (CNPE) made its decision and defined the parameters for new pre-salt blocks. In practice, the measure authorizes the Rubi and Granada areas, in the Santos Basin pre-salt, to be auctioned in a future round... Continue Reading →
(PN) The recent contracts awarded by Petrobras to the SLB Onesubsea group for the supply of subsea equipment for the Sépia and Atupu fields in the Santos Basin, and Roncador in the Campos Basin, signal the importance that Brazil will have for the subsea industry in the coming years. According to a recent analysis published... Continue Reading →
Petrobras informs that its Board of Directors approved, in a meeting held today, the payment of interim and intermediate dividends, as well as interest on equity (JCP), in the amount of R$ 13.57 billion, equivalents to R$ 1.05320017 per outstanding common and preferred share. The proposed distribution is in line with the current Remuneration Policy... Continue Reading →
(TN) Petrobras signed a contract to acquire subsea equipment for the Roncador field in the Campos Basin. The contract will generate approximately 500 direct and indirect jobs. The agreement with the SLB OneSubsea group provides for the supply of 2 Subsea Production Manifolds (MSP), 1 Electro-Hydraulic Distribution Unit (UDEH) and spare equipment. The provision of... Continue Reading →
In August, Petrobras obtained an environmental license from Ibama to begin seismic research activities in the Búzios Field, in the Santos Basin. This is the second OBN (Ocean Bottom Nodes) acquisition for the field, and the first for 4D monitoring The goal is to generate high-quality data, with cutting-edge technology, to improve the identification of... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras following up on the release disclosed on 06/06/2024, informs that it will invest R$870 million to restart operating activities at the Araucária Nitrogenados S.A (ANSA) fertilizer plant, a wholly-owned subsidiary of the company. The plant, located in the state of Paraná, has been mothballed since 2020 and had its reopening... Continue Reading →
(OE) Petrobras has awarded contracts to Techdof, a joint venture between DOF Subsea and TechnipFMC, for two of its pipelay support vessel (PLSVs). Petrobras extended the existing contract for PLSV Skandi Açu to mid-2026. This extension will be followed by the new three-year contract ending mid-2029, DOF informed. Skandi Açu is designed to achieve a... Continue Reading →
(Reuters) State-run oil firm Petrobras has begun studies for the implementation of a new oil platform in Brazil's Buzios field, three sources with knowledge of the matter told Reuters. Each Buzios platform has an average cost of $3.5 billion, said a source, adding that the one under study would be a FPSO (floating production storage... Continue Reading →
Brazil Energy Insight 