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Oct. 7 (OE) Portugal’s Galp has reached a farm-in agreement with KE STP Company, a Shell affiliate, for the acquisition of a 27.5% stake in São Tomé and Príncipe’s Block 4, forming a joint venture with Shell, Petrobras and ANP-STP. With the agreement, Galp expands its presence offshore São Tomé and Príncipe, entering another early-stage... Continue Reading →
Oct. 6 - Petrobras announced the chartering of four RSV (ROV Support Vessel) vessels, designed to support subsea operations, in contracts totaling R$10.2 billion. The contract was concluded through a bidding process that began in October 2024. The units will be built at the Navship shipyard, located in Navegantes, Santa Catarina, with delivery scheduled between... Continue Reading →
Oct 6 (Reuters) - Colombian state-run oil company Ecopetrol is set to launch the bidding process later this month for a regasification project at its Covenas maritime terminal in the north of the country, CEO Ricardo Roa said on Monday. Ecopetrol will begin accepting binding bids for the project on October 14, with a winner expected... Continue Reading →
Oct 6 (Reuters) - Brazil's state-controlled oil company Petrobras has made its first import of non-conventional natural gas from Argentina's Vaca Muerta reserve in the Neuquen basin, the company said on Monday. In a statement, the firm noted the natural gas was transported on Friday via pipelines from Argentina to Bolivia, and from there to Brazil,... Continue Reading →
Oct. 6 - MODEC has held a first steel-cutting ceremony for the Gato do Mato floating production, storage and offloading (FPSO) unit, which will be deployed at Shell’s field offshore Brazil. The ceremony was held at the COSCO Qidong Shipyard, marking the start of construction of the the aft block of next-generation hull for the... Continue Reading →
Oct. 6 (Reuters) Petrobras is expected to open bids for the contracting of two FPSOs for the Sergipe Deep Waters Project (Seap) on October 15, Renata Baruzzi, Executive Director of Engineering, Technology, and Innovation, said. "The bidders asked for more time. We gave them another 15 days," the director told reporters. Baruzzi also explained that... Continue Reading →
Oct. 6 (OE) Subsea robotics firm Forum Energy Technologies (FET) has secured a contract with long-term client DOF for the delivery of a work-class remotely operated vehicle (ROV) and supporting tether management system. The equipment will support extensive subsea operations in Brazil conducted by DOF, which operates one of the largest fleets of FET XLX... Continue Reading →
Oct 3 (Reuters) - J&F Investimentos SA, the holding company owned by Brazil's billionaire Batista brothers, is in talks to acquire French utility EDF's Rio de Janeiro thermal plant, according to two people familiar with the matter. The deal, which could fetch up to 2 billion reais ($374 million) according to one of the sources,... Continue Reading →
Oct. 3 (offshorte-energy.biz) The production mode at two oil-producing assets off the coast of Brazil is weeks away from being switched off, enabling operators to undertake planned maintenance activities in their chosen Campos Basin fields. South America’s Brava Energia has revealed that the output from its Papa-Terra field in the Campos Basin will be halted for up... Continue Reading →
Oct. 3 (PN) The consortium formed by Heftos, a subsidiary of Azevedo & Travassos, and Colares Linhares announced that it has signed a contract with Petrobras for the construction of the Hydrogen Generation Unit at the Boaventura Complex (formerly Comperj), in Itaboraí, Rio de Janeiro. The contract is worth R$1.76 billion. The contract provides for... Continue Reading →
Brazil Energy Insight 