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July 27, 2020 Petróleo Brasileiro S.A. – Petrobras informs that it has started the opportunity disclosure stage (teaser), regarding the sale of its entire stake in the exploratory portion of the Tayrona Block, located in the Guajira Basin, Colombia. The teaser, which includes key information about the opportunity, as well as the eligibility criteria for... Continue Reading →
Jul 27, 2020 The National Petroleum Agency (ANP) launched this Monday (27) a new dynamic panel with information on decommissioning of facilities in Brazil. For this year, the tool has an estimated investment of R $ 5.5 billion in activities to deactivate oil and gas fields in the country. Most of these resources will... Continue Reading →
Brazil’s natural gas sector is poised for profound change. After years of intense focus on the country’s enormous pre-salt oil reserves, the government is finally shifting its efforts towards the domestic gas market. State energy firm Petrobras has been tasked with leading the vanguard for change. The Brazilian company is in the process of radically... Continue Reading →
A worsening political crisis risks slowing the pace of oil sector growth in the small Latin American nation Any hope that Guyana’s recent election would settle the country’s broiling political turmoil always looked optimistic. And so it has proved. Four months on from the poll, neither of the two main parties has conceded defeat and the impasse threatens... Continue Reading →
Jul 21, 2020 Brazilian oil production resumed growth in June, after four months of stagnation. According to new data from the National Petroleum Agency (ANP), Brazil extracted 3.01 million barrels of oil per day, an increase of almost 9% compared to the previous month. This was the first time that national production returned to the... Continue Reading →
Jul 17, 2020 Among the units licensed by Petrobras are four with a capacity to produce 225,000 bopd On Thursday (7/15), Petrobras requested a license from Ibama for the implementation of 12 FPSOs in the Santos Basin pre-salt and the reactivation of an FPSO in Mero (“FPSO Mero FR”). There are four new units for... Continue Reading →
Jul 17, 2020 Estaleiro Atlântico Sul (EAS), controlled by Camargo Corrêa and Queiroz Galvão, plans to diversify its activities, in an attempt to generate revenue and convince its creditors that it is capable of restructuring its R$1.3 billion debt. The company, located in the Suape port complex (PE), has been in bankruptcy since January. The... Continue Reading →
July 17, 2020 Petrobras is working to anticipate the deactivation of the floating platforms provided for in its current decommissioning plan. Among the priorities are the production units in the Marlim and Voador fields, in the Campos Basin. In a letter submitted to the ANP, the oil company proposed to send, first, the installation deactivation... Continue Reading →
July 17, 2020 The FPSO Capixaba should resume operations in August at Parque das Baleias, in the Campos Basin, ANP informed PetróleoHoje. The platform chartered by Petrobras has been out of production since April, after cases of covid-19 were confirmed among workers on board. Source: PetroleoHoje
Jul 17, 2020 Petrobras requested a license from Ibama for the implementation of 12 FPSOs in the Santos Basin pre-salt and the reactivation of an FPSO in Mero (“FPSO Mero FR”). There are four new units for the Buzios field (Buzios FPSOs 9, 10, 11 and 12), in addition to the Sepia 2 FPSOs. Among... Continue Reading →
Brazil Energy Insight 