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(TN) Petrobras is the company in the global oil and gas market whose investment has grown the most. In 2023, the company practically doubled its investment effort, totaling US$ 21.4 billion between direct investments and assets related to the leasing of production units, compared to an amount of US$ 10.9 billion in 2022. -Petrobras has... Continue Reading →
OceanPact signed a R$310 million contract with Petrobras to charter the vessel Ilha de Santana, (Platform Supply Vessel) support vessel. The charter is for four years, during which the vessel will operate to support Petrobras' logistics and emergency response along the entire Brazilian coast. In April, OceanPact had already announced new contracts with Petrobras for... Continue Reading →
April 19, 2024 – Petróleo Brasileiro S.A. – Petrobras informs that the Company's Board of Directors, at a meeting held today, in continuity with its process of clarification on the destination of the remaining profit for the 2023 financial year and the possibility of distributing extraordinary dividends, during the presentation to monitor the execution of... Continue Reading →
(PN) Petronotícias published an exclusive investigation report into the outcome of the Petrobras tender to contract the P-84 and P-85 platforms, for the Atapu and Sépia fields, respectively, in the pre- salt from the Santos Basin. After a few months of negotiations, Seatrium (a company formed by the merger between Sembcorp Marine and Keppel Offshore)... Continue Reading →
Petrobras estimates investments of around US$ 73 billion in exploration and production activities and will allocate part of this investment to demands addressed to the naval and offshore industry, with actual construction opportunities in Brazil. The projects related to these demands include oil platforms, maritime support vessels, cabotage vessels, and the sustainable disposal of units.... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has signed a Memorandum of Understanding (MoU) with bp to promote cooperation and business opportunities between the companies. The non-binding agreement covers topics such as Sustainable Fuels, Carbon Credits, Biorefining and Exploration and Production. The companies also aim to work together on research, development, and innovation projects.... Continue Reading →
Petrobras plans to launch, later this year, tenders for support vessels. The company plans to contract 38 vessels by 2025, including the 12 PSV type ships (Platform Support and Supply Boat) that appear in the tender launched by the company at the end of March. The expected investment should reach US$ 2.5 billion. In addition... Continue Reading →
(Reuters) - State-run energy firm Petrobras has hit growing resistance from Indigenous groups and government agencies to its premier exploration project, which would open the most promising part of Brazil's northern coast to oil drilling. Environmental agency Ibama denied Petrobras a license for exploratory drilling offshore in the Foz do Amazonas area last year, citing... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that yesterday it signed a memorandum of understanding with the China National Chemical Energy Company (CNCEC) covering several areas, especially renewable energies and energy transition. The partnership also provides for the evaluation of potential commercial agreements in the areas of oil exploration; fertilizer production from natural gas and other... Continue Reading →
(Reuters) - Colombian state energy company Ecopetrol (ECO.CN), opens new tab and its Brazilian counterpart Petrobras (PETR4.SA), opens new tab should work together on developing green hydrogen, Colombian President Gustavo Petro said on Wednesday after meeting Brazilian President Luiz Inacio Lula da Silva. "There is a project that I think we could look at through our two big oil... Continue Reading →
Brazil Energy Insight 