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Brazilian state-run oil firm Petroleo Brasileiro SA has suspended employees' international travel amid the global health crisis caused by the coronavirus, according to a statement on Monday. Petrobras also said workers older than 65 years of age will have to work remotely.
Forewarned is forearmed, an adage that is particularly true when it comes to deepwater drilling. Offshore drillers are increasingly relying on existing and new downhole data technologies to make real-time decisions and keep operations safe. Multi-trip completions in offshore wells have long left operators in the dark about what was happening in the pay zone.... Continue Reading →
March 16, 2019 Petróleo Brasileiro S.A. – Petrobras, following up on the press release disclosed on 12/23/2019, announces the beginning of the binding phase related to the sale of part of its interest in exploratory blocks belonging to the BM-P-2 concession, located in the Pelotas Basin deep waters, in the state of Rio Grande do... Continue Reading →
Oilfield services provider TechnipFMC has been forced to put off its planned separation into two independent entities amid challenging market conditions which have emerged recently, including the coronavirus outbreak, the sharp decline in oil prices, and the volatility in global equity markets. TechnipFMC announced its plan to separate into two independent, publicly-traded companies – TechnipFMC and Technip... Continue Reading →
March 13, 2020 José Mauro Ferreira Coelho will assume the Secretariat of Petroleum, Natural Gas and Biofuels (SPG), of the Ministry of Mines and Energy (MME), replacing Renata Isfer, who remains in the ministry. José Mauro is the current director of studies for Oil, Gas and Biofuels at the Energy Research Company (EPE). José Mauro... Continue Reading →
Offshore engineering company expects to reduce mission-readiness time by 30% and training times by 20% through high fidelity, real-time 3D simulations. Houston-based Oceaneering International Inc. is a global leader in the subsea engineering and applied technology field, providing creative, robotics-driven solutions to technical challenges in some of the harshest environments known to man. Continue reading
Organizers of the Offshore Technology Conference (OTC) announced today that the event, planned for May 4-7, 2020, will be postponed until Q3 2020 due to "unprecedented global challenge associated with the current COVID-19 pandemic." With severe global travel restrictions and considering the rapidly changing guidance from governments and companies, OTC has chosen to postpone the... Continue Reading →
March 13, 2020 Due to several questions recently received, the ANP clarifies that the certification of local content in items classified as material is prohibited by article 12 of ANP Resolution No. 19/2013 - except when it comes to an acquisition carried out directly by an exploration contract operator and production or when the materials... Continue Reading →
March 13, 2020 Petróleo Brasileiro S.A. - Petrobras, following up on the press release disclosed on 01/17/2020, announces the beginning of the binding phase related to the sale of its remaining stake (10%) in Transportadora Associada de Gás S.A. (TAG). Potential buyers qualified for this phase will receive a process letter with detailed information on... Continue Reading →
March 13, 2020 Petróleo Brasileiro S.A. - Petrobras announces that it has started the disclosure stage for this opportunity (teaser) in relation to the joint sale of all its shares in the wind farms Mangue Seco 3 and Mangue Seco 4, owners of the wind power generation plants with the same names. Petrobras holds a... Continue Reading →
