August 29, 2019 A new survey by EY and the Brazilian Petroleum Institute (IBP) provided an updated overview of the importance of the oil and gas sector for the Brazilian economy. Currently, the oil industry occupies the third place in the ranking of the main economic activities and is fourth in relation to exports. Research... Continue Reading →

Repsol Sinopec Brazil, Ouro Negro and the Mechanical Engineering Department of PUC-Rio’s Technical and Scientific Center (CTC/PUC-Rio) are expanding their technological partnership, developing a through tubing logging profiling tool to assess cement quality in lined wells. “The proposal is to have a tool that enables the detection of cement anomalies in the adjacent layer and... Continue Reading →

Brazil’s economy rebounded strongly in the second quarter after having shrunk in the first, official figures showed on Thursday, indicating Latin America’s largest economy comfortably avoided falling back into recession. The 0.4% growth in the April-June period will be a relief to President Jair Bolsonaro’s government, which was in large part elected to revive an... Continue Reading →

Maria Moraeus Hanssen, COO and Deputy CEO of Wintershall Dea, will leave the company on December 31, 2019, to pursue other opportunities. Until that time, she will continue in her present role providing board-level leadership of the EMEA business units and the merger integration, Wintershall Dea said in a statement on Wednesday. A recruitment process... Continue Reading →

Equinor today announced the second class of global start-up companies selected to participate in the Techstars Energy Accelerator. Three Norwegian companies participate in the programme. The ten start-up companies have been selected from hundreds of applicants across 42 countries. Through an intensive 13-week programme they will seek to accelerate their solution by tapping into a... Continue Reading →

Norway, until recently the main donor to a fund to curb Amazonian deforestation, called on Tuesday on Norwegian companies active in Brazil to ensure they do not contribute to the destruction of the Amazon. Representatives of oil firm Equinor, fertilizer-maker Yara and aluminum producer Norsk Hydro, in which the Norwegian state is the top owner,... Continue Reading →

Although oil and gas can be a highly competitive industry, oil majors and others are coming together more and more to figure out how to best tackle the challenges and opportunities that digital technologies provide. In an area that is particularly critical for all of them to get right, experts joined to discuss how new... Continue Reading →

  August 23, 2019 Brazil will reach production of 500,000 barrels per day of oil and natural gas in 2030 with the measures implemented by the New Gas Market and the Revitalization Program of Exploration and Production of Oil and Natural Gas in Terrestrial Areas (Reate 2020) . The promise is from the Minister of... Continue Reading →