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ANP released the Monthly Oil and Natural Gas Production Bulletin for February 2024, which provides consolidated data on national production. Total production (oil + natural gas) was 4.383 million barrels of oil equivalent per day (boe/d). Regarding oil, 3.448 million barrels per day (bbl/d) were extracted, a reduction of 2.0% compared to the previous month... Continue Reading →
(Petrobras) The scientific community launched more than 428 drifters (equipment that measures the behavior of sea currents) on the Equatorial Margin, 84 of which are in the Foz do Amazonas basin. All confirm the studies and modeling carried out by Petrobras and approved by IBAMA in the environmental licensing of block FZA-M59. Studies have shown... Continue Reading →
(Reuters) - Energy companies from Argentina and Brazil have begun talks on reversing the southerly flow of a Bolivian natural gas pipeline network that connects the three countries as a regional gas deficit could force Brazil to pay up for alternative supplies of the fuel. A preliminary proposal on the pipeline shift has failed to... Continue Reading →
Petrobras has authorized hiring processes for support vessels for exploration and production logistics, with the aim of meeting short-term demand for the years 2025 and 2026. It also approved contracting new support vessels for long-term demands, whose technical specifications will focus on new technological solutions for efficiency and reducing greenhouse gas (GHG) emissions. These opportunities... Continue Reading →
(Reuters) - Commodity trader Trafigura has agreed to pay about $127 million to resolve a probe into bribes paid to Brazilian officials to secure oil contracts, the U.S. Department of Justice and the firm said on Thursday. Trafigura Beheer BV, the parent company of Trafigura Group during the relevant period, has agreed to pay a... Continue Reading →
The Ministry of Mines and Energy (MME) will begin to evaluate the regulation of parameters for the selection of areas destined for offshore wind generation projects, according to the ministry's Secretary of Energy Transition and Planning, Thiago Barral. The executive also said that the ministry will discuss criteria so that the auctions for areas considers... Continue Reading →
(epbr) “We want to install two wind turbines to gain experience, analyze, prepare,” Tolmasquim told journalists during an event this Tuesday. The company has already started conversations with the Union Heritage Secretariat (SPU) for access to the areas. In the case of the Southeast, the location selected for the R&D project is close to Porto... Continue Reading →
Constellation, leader in the offshore drilling market in Brazil, recorded net revenue of US＄552 million in 2023, a growth of 36% compared to the previous year. The result before interest, taxes, depreciation and amortization (Ebitda) was US＄ 185 million, 176% higher than in 2022. The company released its 2023 financial results to the market this... Continue Reading →
For the second year running, the company neutralizes "scope 2" emissions associated with energy consumption purchased from suppliers in Brazil. Petrobras has acquired international certificates attesting that 100% of the electricity used in its industrial and administrative operations in Brazil last year was generated from renewable sources. The I-REC (Renewable Energy Certificate) document guarantees that... Continue Reading →
(TN) In February, Constellation and Sapura concluded an unprecedented operation to change the thruster at sea on the Laguna Star drillship, under contract with Petrobras, around 200km off the coast of Rio de Janeiro. The operation, in a water depth of more than 2,000 meters, was carried out without the need for the drilling unit... Continue Reading →
