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(PN) The market is eagerly awaiting the outcome of the Petrobras tender, which provides for the contracting of up to eight drilling rigs. The opening of the envelopes with the proposals is scheduled for June 28, after two postponements. In all, ten companies are pre-qualified to participate in the competition: Ocyan, Ventura, Constellation, Stena, Seadrill,... Continue Reading →
(Reuters) - The United States exported 7.29 million tonnes of liquefied natural gas (LNG) last month, second highest on record, as sales to Europe and South America expanded, according to Refinitiv Eikon data. The United States is on track to become the world's largest LNG exporter this year, topping Australia and Qatar, as producers work... Continue Reading →
The Brazilian arm of Shell will be under new management as oif August. The oil company announced this morning that the executive Andre Araujo decided to retire after a career of 38 years. He has been at the helm of the company for the past 12 years. In his place, executive vice president of the... Continue Reading →
The Marlim field revitalization project, in the Campos Basin, has recently achieved a new milestone. The Brazilian Institute of the Environment (Ibama) issued the installation licenses for the FPSOs Anna Nery and Anita Garibaldi. Both are expected to start producing in the field in 2023. The two platforms will be connected to 77 wells, 14... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 04/28/2022, informs that it has started the opportunity disclosure stage (teaser) regarding the complete sale of the Nitrogen Fertilizer Unit III (UFN-III). The teaser, which contains key information about the opportunity - including the provision for the buyer to commit to the completion... Continue Reading →
(Reuters) - Peruvian state oil company Petroperu said on Tuesday it would present the long-delayed audit of its 2021 financial statements by September, following approval from its bondholders. Petroperu was supposed to present the paperwork by May of this year but failed to do so when accounting firm PwC declined to carry out the audit... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, aiming to facilitate access to information on fuel prices, launched, today, a new website where it presents, in a didactic way and more user-friendly look, the parts involved in the formation of gasoline, diesel and cooking gas (LPG) prices. The new site (precos.petrobras.com.br), in addition to providing information on price... Continue Reading →
(Reuters) - Norsk Hydro's (NHY.OL) Rein and Macquarie Asset Management's Green Investment Group plan to build and operate a 586 megawatt wind and solar power plant in the northeast of Brazil, the companies said on Wednesday. A final investment decision for the $700 million wind farm portion of the project is expected in the fourth quarter of... Continue Reading →
Australia-based Woodside Energy's all-stock merger with BHP's oil and gas business was completed Wednesday. Woodside has acquired the entire share capital of BHP Petroleum International Pty Ltd (BHPP) and issued 914,768,948 new Woodside shares to BHP, which BHP has distributed to its eligible shareholders. "BHP has paid the in specie dividend and distributed Woodside shares... Continue Reading →
U.S.-based CSA Ocean Sciences has completed an Environmental Assessment Program (EAP) for a “major” offshore energy operator in Block 58 located some 115 kilometers offshore north Suriname. The EAP included an Environmental and Social Impact Assessment (ESIA) for a 3D seismic survey proposed in the 5,841 km2 area. The document describes the proposed seismic survey activities, which include... Continue Reading →
Brazil Energy Insight 