Rio de Janeiro, January 28, 2019 - Petróleo Brasileiro S.A. - Petrobras reports that yesterday (01/27), there was a fire in the storage area of materials used in oil exploration and production activities, located in the Intermodal Terminal of Serra (“TIMS”), in the municipality in the metropolitan region of Vitória. The fire originated in the... Continue Reading →
Exclusive: Venezuela’s Guaido rushing to get control of Citgo before April debt payment
Venezuelan opposition leader Juan Guaido’s team of advisors is rushing to take control of the country’s main foreign asset, U.S. refiner Citgo Petroleum, before a potential bond default that could leave almost half the company in creditors’ hands, sources close to the talks told Reuters on Monday. Guaido, who proclaimed himself president last week and... Continue Reading →
Petrobras postpones tender for charter of drill rig for the so called “pool”
1/28/19/19 Petrobras postponed to February 4 the date of delivery of the proposals of the bid for the charter of drill rig for the so-called pool, with capacity to operate in water depth of 2 thousand m. The deadline was scheduled for January 28, but the bidding committee postponed the date again shortly after it... Continue Reading →
Petrobras seeks Shallow Diving Support Vessel
1/28/19/19 Petrobras has opened a tender to charter a vessel of the SDSV (Shallow Diving Support Vessel) type to carry out specialized technical services for inspection and maintenance of submarine systems and equipment, with diving up to 50 m. The vessel may be operated at any point along the Brazilian coast in a water depth... Continue Reading →
From Davos to Brazil, CEO of Total, Patrick Pouyanné, meets with director general of ANP
January 27, 2019 After a meeting last Thursday with Economy Minister Paulo Guedes in Davos, Switzerland, Total CEO Patrick Pouyanné headed to Brazil. Tomorrow, he meets with the director general of the National Petroleum Agency (ANP), Décio Oddone, at the agency's headquarters in Rio de Janeiro. Total is now the only private pre-salt production... Continue Reading →
Brazilian shipyard to build modules for Mero FPSO
Brazil’s offshore construction specialist, the Estaleiros do Brasil Ltda. (EBR), has been selected by Japan’s MODEC for the fabrication and assembly of a number of topsides process modules for a floating, production, storage & offloading (FPSO) system, the FPSO Guanabara MV31. EBR said that the scope of work to be carried out at the... Continue Reading →
Death toll rises to 58 as hope dims after Brazil dam collapse
Brazilian rescuers searched into the night on Sunday for hundreds of people missing after a burst mining dam triggered a deadly mudslide, as the death toll rose to 58 and was expected to keep climbing more than two days after the disaster. The collapsed dam at Vale SA’s Corrego do Feijao mine buried mining facilities... Continue Reading →
Petrobras – Resumption of 100% of the capacity of Paulínia Refinery (Replan)
Rio de Janeiro, January 25, 2019 - Petróleo Brasileiro S.A - Petrobras, following up on the press release of 08/29/2018, informs that Paulínia Refinery (Replan) has resumed, today, 100% of its nominal production capacity with the return of operation of the distillation unit (U-200 ), which occurred within the expected timeframe. The National Petroleum, Natural... Continue Reading →
CNOOC sets bullish tone for the rest of Chinese oil companies, WoodMac says
Announcing its strategic plan for 2019, CNOOC Ltd has set a bullish tone for the rest of the Chinese national oil companies to follow, according to Wood Mackenzie, an energy intelligence group. To remind, CNOOC Ltd earlier this week in its business strategy and development plan said it was targeting a steady increase in oil and gas production during 2019... Continue Reading →
Campos Basin again attracts billionaire investments
Producing for more than 40 years, the Campos Basin has been declining in recent years and has lost its position as the largest oil producing region to the neighboring Santos Basin. A study by the Brazilian Petroleum Institute (IBP) on the auctions of 2017 and 2018 shows, however, that Campos is back in the... Continue Reading →
