(PetroleoHoje) Petrobras launched a tender for the charter of a new flotel (Maintenance and Services Unit) for the Campos, Santos and Espírito Santo basins. Companies interested in the contract may only offer DP2 or DP3 semi-submersible units, with accommodation for 400 people. The flotel required by the oil company will only enter into operation between... Continue Reading →
Zurich AirPorts wants to make Macae Airport into a top offshore services unit
Main logistical support base for units operating in exploration and production in the Campos Basin, Macae Airport announced the launch of a package of services that innovates assistance in the operations of offshore flights. Established through concepts of safety, quality and efficiency applied by Zurich AirPorts in different air bases around the world, the "Offshore... Continue Reading →
Oil Workers Unions Protest Against Sale of Petrobras Refineries and Threaten a National Strike
Unions of oil workers across the country, linked to the Single Federation of Oil Tankers (FUP), held a national act of protest in front of Petrobras refineries located from north to south of Brazil, in protest against the privatization of the company's refining units. The movement began at the Landulpho Alves Refinery (RLAM), in Bahia,... Continue Reading →
Oil market hit by wave of hedge fund liquidation: Kemp
(Reuters) - Fears over the Omicron coronavirus variant's impact on international aviation and other sources of oil demand have prompted massive liquidation of previously bullish hedge fund positions. Hedge funds and other money managers sold the equivalent of 131 million barrels in the six most important petroleum futures and options contracts in the week to... Continue Reading →
Petrobras clarifies news about fuels price adjustments
Petróleo Brasileiro S.A. – Petrobras, in relation to the pieces of news published in the media regarding expectations of new adjustments in fuel prices, clarifies that adjustments in product prices are made in the normal course of its business and follow its current commercial policies. Petrobras reiterates its commitment to the practice of competitive prices... Continue Reading →
Petrobras on the lease of the Bahia LNG Terminal
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 09/28/21, informs that it has signed the Instrument of Acceptance provided for in the contract and transferred, this Saturday (12/04), the operation of the Bahia Liquefied Natural Gas Regasification Terminal (TR-BA) to Excelerate Energy Comercializadora de Gás Natural (Excelerate). The agreement was signed... Continue Reading →
Bolsonaro: Petrobras to cut fuel prices
(Reuters) - State-run oil company Petrobras (PETR4.SA) will start lowering fuel prices as early as next week, Brazilian President Jair Bolsonaro said in an interview on Sunday published in news website Poder360. Bolsonaro did not give details about the move, but explained that the price reductions should continue into the next few weeks. "Petrobras begins this week... Continue Reading →
Oil rebounds above $71
(Reuters) - Oil rose by more than $1 a barrel to above $71 on Monday as hopes that the Omicron coronavirus variant may cause mostly mild symptoms boosted riskier assets and as the prospect of an imminent rise in Iranian oil exports looked less likely. Helping ease Omicron concerns, reports in South Africa said cases... Continue Reading →
Shell free to proceed with seismic survey off South Africa after court win
Oil major Shell is free to go ahead with its planned seismic surveys along the eastern coast of South Africa after the court dismissed an 11th-hour legal challenge by environmental groups which claim that the activities will cause irreparable harm to the marine environment in the region. The seismic survey, initially scheduled to begin on... Continue Reading →
FAR Finds Oil Traces in Gambia Well. Side-track Required after ‘Significant Fluid Losses’
FAR, an Australian oil and gas company that began drilling at the Bambo-1 exploratory well in Block A2 off the coast of The Gambia last month, said Monday the well had encountered oil traces but would have to be plugged and side-tracked after drilling was temporarily halted due to significant fluid losses. "FAR advises that the Bambo-1... Continue Reading →