7/13/2018 Petrobras postponed to July 25 the deadline for delivery of the proposals to charter helicopters of the medium and super-medium types. The scope includes more than 20 aircraft, with operations from the Jacarepaguá or Cabo Frio airports in Rio de Janeiro. In the latest bid, CHC Brasil and Omni Táxi Aéreo presented packages of... Continue Reading →
Aker Solutions in bids for $ 6bn in contracts
7/13/18 Aker Solutions is competing for around NOK 50 billion ($ 6 billion) in contracts worldwide, most of them in the subsea segment. The information appears in the financial report for the second quarter, released on Thursday 12th. The Norwegian company is optimistic that the market will pick up, boosted by high barrel prices and... Continue Reading →
Petrobras – Appointment of a member of the Board of Directors
Rio de Janeiro, July 11, 2018 – Petróleo Brasileiro S.A. – Petrobras informs that its Board of Directors, at a meeting held today, appointed Mr. Durval José Soledade Santos to the position of member of the Company's Board of Directors, until the next Shareholders' Meeting, as provided for in Article 25 of the Bylaws. The... Continue Reading →
Chevron taps geologist insider to head Brazil operations
Chevron Corp has named Mariano Vela, a geologist with 20 years of experience at the U.S. oil major, to oversee its Brazil operations, the company told Reuters on Thursday, as it expands in Latin America’s top producer. Read more
OOS International enters offshore maintenance partnership in Brazil
Dutch provider of heavy lift and accommodation solutions OOS International has signed a long-term cooperation agreement with Forship Engenharia to pursue offshore maintenance projects mainly in the Brazilian region. Read more
Porto Açu exceeds mark of 40 ship to ship operations
Porto Açu carries out second transhipment operation with a VLLC and is expected to close the year with up to 60 million barrels of oil. Galp carried out its second transhipment operation at the Açu Petróleo terminal in São João da Barra (RJ). The oil production at the Lula field in the Santos pre-salt occurred... Continue Reading →
Aker Solutions posts higher profit as orders double amid pickup in activity
Norwegian oilfield services company Aker Solutions posted an increase in profit and revenues as its orders almost doubled in the second quarter of 2018 compared to a year earlier amid a pickup in activity. In its 2Q 2018 report on Thursday Aker Solutions said that its orders totaled NOK 5.7 billion ($703 million) in the... Continue Reading →
Development of Surplus Transfer of Rights Oil Volumes Under Production-Sharing Terms Could Bring the Brazilian Government $210 Billion by 2050, IHS Markit Says
According to new analysis from IHS Markit, surplus Brazilian oil volumes estimated at 7.4 billion barrels-of-oil-equivalent (BOE) could yield an estimated $210 billion in royalties, government profit share and income taxes by 2050, should the cash-starved Brazilian government choose to auction the excess volumes under production-sharing terms. These surplus ‘transfer of rights (TOR),’ volumes, which... Continue Reading →
Petrobras, Total and Total Eren conclude Memorandum of Understanding in the Renewable Energies segment
Rio de Janeiro, July 10, 2018 - Petróleo Brasileiro S.A. - Petrobras reports that it has signed yesterday with the French companies Total and Total Eren a Memorandum of Understanding (MoU) to analyze the joint business development in solar energy and wind onshore energy segments in Brazil. Based on promising initial results arising from the... Continue Reading →
Petrobras is close to completing its 50% sale of PetroAfrica
Petrobras is close to securing the sale of its 50% stake in PetroAfrica, according to a source. The transaction is being carried out jointly with BTG Pactual and Helios Investment Partners, which holds the remaining 50% of the company and are also divesting the asset. According to a source, PetroAfrica is valued at US $... Continue Reading →