Amapa Aguas Profundas: new exploratory frontier for oil and gas in Brazil

(epbr) It is Petrobras' culture to develop petroleum frontiers of high geological complexity, demanding development and application of the most daring technologies. From the pioneering onshore exploration activities to the pre-salt layer, the company has stood out for creating innovative solutions to enable the exploration of these areas, helping to strengthen the national industry, energy... Continue Reading →

Enauta makes scheduled stop at Atlanta

Enauta started the scheduled shutdown of the Atlanta field, in the Santos basin. The expectation is that the operation of the field will be resumed in August. During the stoppage of production of the asset, the company intends to carry out a series of activities to meet the regulatory requirements of the Ministry of Labor.... Continue Reading →

3R Petroleum change in equity interest

3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”), in compliance with provisions of article 12 of CVM Resolution No. 44, communicates to its investors and the market in general that received on June 30, 2022, notice from Banco BTG Pactual S.A. (“BTG Pactual” or “Bank”) informing about the change in its equity interest in... Continue Reading →

Petrobras signs SIX royalty agreement with the ANP

Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 10/22/21, informs that it signed an agreement today with the National Agency of Petroleum, Natural Gas and Biofuels (ANP) relating to the collection of royalties on the operation of the Shale Industrialization Unit (SIX), located in São Mateus do Sul, state of Paraná,... Continue Reading →

U.S. Offshore Wind Capacity to Hit Over 6 GW By 2030 -EIA

Developers are currently planning to install more than 6 gigawatts (GW) of offshore offshore wind capacity over the next seven years, with the bulk of the projects coming online in 2025, the U.S. Energy Information Administration said in its Preliminary Monthly Electric Generator Inventory report. The number would fall far short of the Biden Administration’s target of... Continue Reading →

Aker BP – Lundin merger to come into force today

Norwegian oil and gas company Aker BP has revealed that the acquisition of Lundin Energy’s oil and gas business, through a statutory merger, is expected to be completed today, which will create the largest listed E&P company focused exclusively on the Norwegian Continental Shelf (NCS). Back in December 2021, Aker BP agreed to acquire Lundin Energy’s oil... Continue Reading →

The Biggest Threat To Brazil’s Oil Boom

(OP) Latin America’s largest economy Brazil is experiencing a massive offshore energy boom which has seen the country overtake Venezuela and Mexico in little over a decade to become the region’s largest oil producer. This is driven by pre-salt petroleum discoveries in offshore Brazil, with the first being made by national oil company Petrobras in the Santos... Continue Reading →

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