Brought to you by Quest Offshore & Southern Cone Consultants
(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 →
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 →
(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 →
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 →
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 →
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 →
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 →
May 15, 2020 PetroRio recorded positive indicators in the first quarter, such as the increase in production and reserves and an Adjusted EBITDA of R $ 238.9 million - almost 12x above the R $ 20.2 million obtained in the same period of 2019. Net profit in the period was R $ 44.5 million, despite... Continue Reading →
The enormous potential that offshore wind energy may be able to offer has been making headlines around the world. In late 2019 the Norwegian energy giant Equinor confirmed that its massive investment in the 88 MW Hywind Tampen Offshore Floating Wind (OFW) farm was going ahead. A few days later the International Energy Agency, IEA,... Continue Reading →
May 13, 2020 Petróleo Brasileiro S.A. – Petrobras, regarding the press releases disclosed on March 18, 2019 and September 11, 2019, which announced the approval of Production Individualization Agreements (AIP) of the Lula, Atapu and Sépia joint reservoirs, in Rio de Janeiro, informs that it executedm Expenses and Volume Equalization Agreements (AEGV) with the respective... Continue Reading →
