July 8, 2019 Norwegian oil company Equinor and China's Sinochem have received prior approval from IBAMA for Phase 2 of the expansion of the Peregrino oilfield production system in the Campos basin, Rio de Janeiro state, the agency said on Friday. The project provides for the installation of a third fixed platform for drilling new... Continue Reading →
Mero 3 FPSO Announcement getting ready
July 8, 2019 Petrobras will launch notices for the charter of Mero 3, Itapu and Sergipe-Alagoas FPSOs by the end of the year, leaving the Mero 4 process to begin in 2020. The bidding schedule for the new units was confirmed to BE Petroleo by a source of the oil company. The first will be... Continue Reading →
Chevron plans two wells for the Santos Basin pre-salt
July 6, 2019 Chevron has begun licensing an exploratory well for the S-M-764 block area in the Santos Basin pre-salt. The company indicated to IBAMA that, depending on the result of the first well, it can drill a second well in the area, bought in the 15th round of the ANP, held in the past.... Continue Reading →
Petrobras announces teaser for sale of onshore fields in Bahia
Rio de Janeiro, July 8, 2019 - Petróleo Brasileiro S.A. - Petrobras reports that it has started the opportunity disclosure stage (teaser), related to the sale of all its stakes in four onshore fields, including the shared outflow and production treatment facilities, located in Bahia, jointly known as Tucano Sul Cluster. Petrobras is the operator... Continue Reading →
Petrobras Splits Trading Teams Into Local and International
Petrobras is splitting its petroleum trading unit into a division for domestic markets and another for international markets. “The change aims to align Petrobras with movements in the sector and bring more synergies, innovation and agility to its trading unit,” Petroleo Brasileiro SA, as the Brazilian state-controlled oil producer is officially known, said in an emailed... Continue Reading →
Brazil’s Lula Has Little In Common With Brazil’s New Left
They rally around him. Though it has little to do with him and more to do with proving a point: their side is right, the other side is wrong and mean and oppressive and — cranking up the volume on the social-media outrage machine — fascists suffering from all sorts of social phobias. Ex-president Luiz... Continue Reading →
Brazilian House speaker predicts pension reform vote on Tuesday
Brazilian House speaker Rodrigo Maia said on Saturday he expects the lower Congressional House to begin voting on the pension reform bill on Tuesday. After a meeting with Congressional leaders on Saturday in Brasilia, Maia said he will begin discussing the bill with party leaders on Monday and expects voting to begin late on Tuesday.... Continue Reading →
Petrobras informs the resignation of Chief Governance and Compliance Executive Officer
July 5, 2019 – Petroleo Brasileiro S.A. - Petrobras informs that its Chief Governance and Compliance Executive Officer, Rafael Mendes Gomes, presented his resignation from the position, for personal reasons. Petrobras will initiate a selection process to choose the new Officer who, according to the company's governance rules, must be elected by the Board of... Continue Reading →
Petrobras produces 190,000 cubic meters of marine fuel with lower sulfur content in the second quarter
July 5, 2019 Petrobras produced between April and June about 190,000 cubic meters of low sulfur marine fuel, known as Bunker 2020, meeting a new international rule to reduce the emission of pollutants by ships. The production took place at six refineries, including that of Abreu e Lima (RNEST) in Pernambuco, which sold its first... Continue Reading →
Petrobras to tender geophysical services
July 5, 2019 Petrobras has launched a tender to contract high-resolution geophysical data acquisition and processing services in the Campos, Santos and Espírito Santo basins. The scope is divided into two programs. One of them involves the monitoring of the Mexilhão and Rota 3 pipelines, in the Santos Basin; Camarupim, in Espírito Santo; and Route... Continue Reading →