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October 21, 2019 The National Agency of Petroleum, Natural Gas and Biofuels (ANP) published this Monday (21) a project summary of Brasil Refinarias to build a unit with capacity to process 735 barrels / day (117 m³ / day) in Bahia. According to information sent by the company to ANP, the unit is designed to... Continue Reading →
Temasek, which currently owns 20,45 percent in Keppel, intends to offer S$7.35 per share for 30,55% Keppel shares, an offer estimated to be valued at ~S$4,1 billion. The announcement of the intention to make an offer was made on Monday by Morgan Stanley, on behalf of Temasek’s subsidiary Kyanite Investment. According to Temasek, the price... Continue Reading →
Switzerland’s top prosecutor filed its first indictment against an individual in the long-running Petrobras-Odebrecht corruption scandal, charging the unidentified person with bribing foreign public officials and money laundering. The case against the person of Swiss-Brazilian origin is being run using an accelerated procedure at the Swiss Federal Criminal Court, the Attorney General’s office said in a statement... Continue Reading →
An auction next month of oilfields in Brazil may be the priciest ever held, raising at least $50 billion in licensing fees and compensation, according to people familiar with government estimates. Exxon Mobil Corp., Royal Dutch Shell Plc and other energy giants are set to vie for deep-sea deposits that could hold 15 billion barrels... Continue Reading →
Oct 21, 2019 The National Council of Energy Policy - CNPE, approved the blocks for the 17th Bidding Round, in the Concession modality, scheduled for 2020. 128 blocks will be offered in the maritime sedimentary basins of Pará-Maranhão, Potiguar, Campos, Santos and Pelotas, totaling 64.1 thousand km². The blocks selected for the event are in... Continue Reading →
Houston-based Helix Energy Solutions recorded an increase in its quarterly profit boosted by higher utilization in the well intervention business in the Gulf of Mexico and Brazil. In its quarterly report on Monday, Helix said it had recorded a net income of $31.6 million for the third quarter of 2019 compared to $27.1 million for... Continue Reading →
A triangular business arrangement involving an equipment supplier, service provider and Petróleos Mexicanos (Pemex) has stumbled into the federal civil courts in a dispute over the disbursement of funds. A dispute over the disbursement of funds led to a complaint filed in District 7 on December 16, 2016 (File #666/2016) by Mexico City-based TRESE (its... Continue Reading →
October 21, 2019 Shell announced the sale of 30% of its stake in the project Gato do Mato, which includes exploratory blocks BM-S-54 and Sul de Gato do Mato, in the Santos Basin, to Ecopetrol. With this operation, which has to be approved by the National Petroleum Agency (ANP) and the Administrative Council for Economic... Continue Reading →
Total announced plans to open a Digital Factory in Paris in early 2020 that will bring together up to 300 developers, data scientists and other experts to accelerate the group’s digital transformation. Total’s goal is to leverage the capabilities of digital tools to create value in all of its businesses. The Digital Factory will be tasked with developing... Continue Reading →
Seabed Geosolutions, a joint venture between Fugro and CGG, has secured a letter of award to provide a 3D ocean bottom node (OBN) survey offshore Brazil. Fugro said on Monday that the 410 square kilometer survey in the Santos Basin has a contract value of over $50 million. The company added that the survey would... Continue Reading →
