August 17, 2019 The National Petroleum Agency (ANP) will offer, on September 10, 273 exploratory blocks and 14 areas with marginal accumulations in six sedimentary basins in the country. It is the first cycle of permanent offer of areas, which offer to the market - from the indication of companies operating in the country -... Continue Reading →
Shallow Water Campos Basin may attract independents – Permanent Offer
Aug 19, 2019 The offer of 15 exploratory blocks in the SC-AR4 sector in shallow waters of the Campos Basin may attract the interest of independent oil companies registered in the Permanent Offer. The blocks are near the fields of Polvo, operated by PetroRio, and Peregrino, operated by Equinor, which is not registered in the... Continue Reading →
Petrobras is one of the winners of the 2019 Transparency Trophy
August 16, 2019 Petróleo Brasileiro S.A. – Petrobras reports that it is one of the winning companies of the 2019 Transparency Trophy. The company was among the 10 best in Brazil in the category of publicly traded companies with revenues over R$ 5 billion. The award evaluates criteria such as the quality of the information... Continue Reading →
BW Offshore becomes operator in Brazil. Gets nod for Maromba buy
The Brazilian oil and gas regulator ANP has granted BW Offshore the oil and gas operator status in Brazil. ANP has also approved the transfer of Chevron and Petrobras’ participating interest in the Maromba field to BW Offshore. BW Offshore announced its agreements with Chevron and Petrobras for the acquisition of Maromba field in March.... Continue Reading →
Oil and gas sector could attract $ 225 billion in contributions by 2026, says EY
August 16, 2019 The oil and gas sector can generate investments of around US $ 225 billion over the next eight years in Brazil. If the potential for increased oil activities is confirmed, 474,000 jobs - direct and indirect - are expected to be created by 2022, doubling jobs in the sector. The projections are... Continue Reading →
Petrobras launches auction to sell barges and equipment of oil and gas
Aug 16, 2019 Petrobras will hold, on September 17, at 10 am, an electronic auction for the sale of ocean barges, cranes and traction machines. The sale is associated with the relentless pursuit of cost reduction and considers the lack of perspective of using this equipment in projects of the company. How to participate The... Continue Reading →
Shell receives license from Ibama for seismic in Gato do Mato
August 14, 2019 Shell received from Ibama environmental license for the acquisition of 3D seismic data in the area of blocks BM-S-54 and Sul de Gato do Mato, both in the Santos Basin. The license, issued on August 1, is valid for seven months and runs until March 2020. Sul do Gato do Mato is... Continue Reading →
MME Predicts $ 460 Billion Oil and Gas Investments by 2040, plus 60 New FPSOS
August 15, 2019 While traveling through China, Mines and Energy Minister, Bento Albuquerque, has been presenting investment opportunities in Brazil to businessmen in that country. During a meeting with representatives of the 20 largest Chinese companies in the areas of energy, oil and gas, biofuels, renewables and mining, the minister gave a presentation detailing the... Continue Reading →
Petrobras sees gas market expansion by 2025 with new projects in Santos basin
August 15, 2019 The Brazilian natural gas market is likely to grow significantly over the next few years, particularly between 2023 and 2025, with the entry of new projects in the Santos Basin, and the country needs to work to get input to market. , said the Executive Director of Petrobras Refining and Natural Gas,... Continue Reading →
PetroRio 2Q19 Earnings Release
August 14, 2019 The Petro Rio SA ("PetroRio" or "Company") (B3: PRIO3) presents its results for the second quarter of 2019 ("2Q19"). The financial and operational information described below, except where indicated otherwise, is presented on a consolidated basis and in Reais (R$) in accordance with International Financial Reporting Standards (IFRS) and includes the Company's... Continue Reading →