Cade indicates endorsement for Petronas entry in Espadarte and Tartaruga Verde

June 25, 2019 The technical area of ​​the Administrative Council for Economic Defense (Cade) recommended the approval, without restrictions, of Petronas' entry into the Espadarte and Tartaruga Verde projects operated by Petrobras in the Campos Basin. The decision is part of an opinion signed by Alexandre Cordeiro Macedo, Superintendent General of Cade. Petrobras announced in... Continue Reading →

The CNPE opens natural gas market

June 25, 2019 New Gas Market: Entry of operators aims to stimulate the economy and cause prices to fall The National Energy Policy Council (CNPE) has approved a resolution with a series of measures to open up the natural gas market in the country. Today and tomorrow the “New Gas Market” resolution, a federal government... Continue Reading →

Petrobras announces start of non-binding phase regarding the sale of onshore fields of Rio Ventura Cluster

Rio de Janeiro, June 25, 2019 - Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 06/03/2019, announces the beginning of the non-binding phase related to the sale of its total equity interest in eight exploration and production concessions, located in Bahia state, jointly designated as Rio Ventura Cluster. At this stage,... Continue Reading →

Enpro Subsea and Can-K Team Up on Multiphase Pumping Solutions

Enpro Subsea and DASS Can-K Pumps have announced a memorandum of understanding (MoU) to deliver multiphase pumping solutions for topside and subsea well boosting. The announcement sees Can-K’s patented Electro Submersible Twin-Screw Multiphase (ESTSP) pump technology being combined with Enpro’s subsea systems expertise and patented Flow Access Modules (FAM) technology to create a retrievable subsea... Continue Reading →

Shareholders approve TGS, Spectrum merger

Norwegian seismic companies TGS-NOPEC and Spectrum are expected to complete their previously proposed merger in the third quarter of 2019. TGS-NOPEC on Friday afternoon said that both sets of shareholders had approved the proposed merger on the same day at extraordinary general meetings held at 5 p.m. “All resolutions proposed were approved by the shareholders... Continue Reading →

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