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3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”) (B3: RRRP3), following best practices in Corporate Governance informs its investors and the market in general the preliminary unaudited production data for February 2023. (1) Refers to the 35% Interest held by 3R in Pescada Cluster concessions. (2) In February, approximately 60% of the gas produced... Continue Reading →
Oslo-listed oil and gas company BW Energy said Thursday the process to acquire Petrobras' interests in working interest in Golfinho and Camarupim deepwater oil fields and the related FPSO from Saipem was about to resume. In June 2022, BW Energy signed an agreement to acquire 100% working interest (WI) in the Golfinho and Camarupim Clusters and 65%... Continue Reading →
Oil and gas company Karoon said Wednesday that production had started from the PAT-2 at the Patola field in the BM-S-40 production license in Brazil. The well, one of two new production wells drilled at the field, came onstream on March 15, 2023 at a rate of 12,000 – 14,000 bopd. This followed the installation... Continue Reading →
(Valor) The company's president, Matheus Dias, said, in a conference call with analysts this Thursday (3/9), that 3R has a mobilized team and has already hired third parties to start operations. The purchase of the pole has already been approved by the board of directors of Petrobras and by the ANP, but has not been... Continue Reading →
(epbr) The temporary suspension of the sale of Petrobras assets, requested by the government, involves a list of deals in progress and about US$ 2 billion in contracts already signed and which are still waiting for an outcome. The president of Petrobras, Jean Paul Prates, said last week that he sees the request as an... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras announces that its CEO Jean Paul Prates, and Wael Sawan, Shell´s CEO, signed today a Memorandum of Understanding, during CERAWeek, in Houston, in order to encourage discussion and collaboration between the companies. The companies will work together on identifying potential upstream opportunities, sharing experience and best practices on reducing carbon... Continue Reading →
Petro Rio S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices incorporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of February. Key: (1) The data of Albacora Leste in January refers to 90% of PRIO’s participation in the field, considering the production throughout the month. Since the acquisition's closing... Continue Reading →
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”) (B3: RRRP3), in compliance with the provisions of CVM Resolution No. 44, and in addition to the material fact disclosed on February 28, 2023, informs its investors and the market in general that the root cause of the unit shutdown was solved, and the 3R-2 unit's... Continue Reading →
Breakwater Energy, a subsidiary of EIG, an institutional investor in the global energy and infrastructure sectors, has acquired a 25% interest in Repsol Upstream for a total consideration of around $4.8 billion, including debt, with Repsol holding the remaining 75%. Repsol Upstream owns and operates Repsol’s globally diversified portfolio of upstream assets, comprising more than... Continue Reading →
Total production in January was 4.175 million barrels of oil equivalent per day (boe/d), of which 3.274 million barrels of oil per day (bbl/d) and 143.215 million cubic meters of natural gas per day (m³/d ). In oil, there was an increase of 6.5% compared to the previous month and 8% compared to January 2022.... Continue Reading →
Brazil Energy Insight 