Jun 2, 2020 The six largest oil companies present in Brazil have a well-aligned speech regarding the needs of the country's oil and gas sector for the future. The foreign companies Shell, Equinor, Chevron, BP, Total, in addition to Petrobras itself, are demanding more changes in the Brazilian regulatory regime to ensure that projects in... Continue Reading →
Equinor receives license from Ibama for seismic survey in blocks BM-S-8 and North of Carcará
May 29, 2020 Ibama granted a 3D seismic survey license with ocean-bottom nodes (nodular receptors positioned on the seabed) to Equinor for blocks BM-S-8 and North of Carcará - where the Bacalhau and North of Bacalhau fields are located - in the Basin Santos. The campaign will be carried out by Seabed's SR / V... Continue Reading →
ANP approves Petrobras exit of Lapa
May 29, 2020 The ANP board approved the assignment of the remaining 10% stake in Petrobras to Total in the BM-S-9A concession contract, where the Lapa field is located, in the Santos Basin pre-salt. The operation was authorized by Cade in August 2019. As a result, the Lapa consortium in the Santos Basin pre-salt will... Continue Reading →
External funding to Brazil beginning to normalize: presentation
(Reuters) - Brazil’s Central Bank monetary policy director Bruno Serra said on Thursday that external funding to the country is beginning to normalize, one day after state-controlled oil company Petroleo Brasileiro SA (PETR4.SA) sold $3.25 billion in bonds. Serra, in a presentation released on Thursday, said central bank intervention on forex worked well and said... Continue Reading →
Petrobras expects to sell stake in Braskem until early 2021
May 26, 2020 Petrobras intends to dispose of all its participation in the petrochemical company Braskem by operating in the capital market, the president of the state oil company, Roberto Castello Branco, reiterated on Monday, when he projected that the deal could take place until the beginning of next year. . "We believe it will... Continue Reading →
Exclusive: Coronavirus spreads in Brazil’s oilfields, as five offshore operators register cases
(Reuters) - Norway’s Equinor ASA (EQNR.OL) and Anglo-French firm Perenco are among at least five oil producers that have registered coronavirus cases among employees or contractors at facilities off the coast of Brazil, according to industry and regulatory sources. Royal Dutch Shell PLC (RDSa.L) and Brazil’s Enauta Participacoes SA ENAT3.SA have registered one case each,... Continue Reading →
Proposals for gas in Brazil: a view from BNDES
May 25, 2020 The BNDES is proposing a discussion on business models that make the investment in infrastructure for the disposal of natural gas produced in the pre-salt possible, and one of the ideas is the development of an intermediate market for operators of the routes that connect the offshore fields to the market, on... Continue Reading →
Chinese oil demand is almost at pre-crisis virus levels
May 20, 2020 Chinese demand for oil is almost at the levels last seen before Beijing imposed national isolation to combat the coronavirus outbreak, according to people with knowledge of the country's energy sector operations. China is the second largest consumer of oil in the world, behind the United States, and the country's rapid recovery... Continue Reading →
HELOÍSA ESTEVES CHOSEN AS THE NEW OIL AND GAS DIRECTOR OF EPE
MAY 18, 2020 HELOÍSA ESTEVES is the new director for the study of oil, gas and biofuels of the Energy Research Company (EPE). Heloisa, who was in the Superintendence for Promotion of Bids of the National Petroleum Agency (ANP), had her appointment confirmed on the 15th in the Federal Official Gazette. Esteves will occupy the... Continue Reading →
Petrobras confirms promising results in ultra-deep waters off the coast of Sergipe
May 17, 2020 Petrobras confirmed the characteristics of reservoirs in ultra-deep waters on the Sergipe coast, more precisely in the FARFAN field, 80 kilometers from the coast. A Long Term Test (TLD), carried out between February and April this year, confirmed the reservoir. "It is important that we receive this data, as it gives us... Continue Reading →