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(PetroNoticias) The Brazilian Environment Institute (Ibama) granted the installation license for the FPSO Sepetiba, the second platform vessel to be installed in the Mero field, in the Santos Basin pre-salt. The document will be valid until May 2025 and also covers the collection and disposal system associated with the vessel. The Sepetiba FPSO should start... Continue Reading →
(PetroNoticias) 3R Petroleum launched its new visual identity. The date was chosen for the celebration of one year since the start of operations at Polo Macau, in the Potiguar Basin, on May 29, 2020. The brand, redesigned, reinforces the company's pillars: Energy to Rethink, Redevelop and Revitalize, preparing it for the future. “We are very... Continue Reading →
(PetroleoHoje) Yinson has a great chance of winning the FPSO charter contract for the Parque das Baleias Integrated System, in case Petrobras chooses to proceed with the bidding. The group presented a daily fee of US $ 647,746, which is higher than the offer in the original bid, but still below the price projected by... Continue Reading →
Offshore drilling contractor Borr Drilling is optimistic and encouraged by signs of shallow water rig market recovery amid strong tendering and contracting activity, clearly visible in the rig owner’s latest contract wins and extensions. The company and its Drilling JVs have been awarded 17 new contracts, extensions, exercised options, and LOAs/ LOIs from the start... Continue Reading →
Oilfield services provider Archer has received approval from a competition regulator in Norway for the acquisition of DeepWell. Following an offer letter from April 2021 to purchase 100 per cent of shares in DeepWell, Archer in early May signed a sale and purchase agreement to acquire DeepWell based on an enterprise value of NOK 177 million on a debt... Continue Reading →
Petronas's first-quarter profit more than doubled on the back of recovering commodity prices, but the Malaysian state oil firm cautioned demand prospects hinged on vaccines preventing a resurgence of the COVID-19 pandemic. Petronas said on Monday it made a post-tax profit of 9.3 billion ringgit ($2.25 billion) in January-March, against 4.5 billion ringgit in the same quarter... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, in relation to news published in the media about the report of the Brazilian Securities and Exchange Commission (CVM) about the Board of Directors members election that took place at the Extraordinary General Meeting on April 12, 2021 (EGM), clarifies that no irregularities in the voting process were found. In the... Continue Reading →
Rio de Janeiro, May 29, 2021 9:32 pm - Petróleo Brasileiro S.A. – Petrobras, in clarification of pieces of news in the media, and as already informed in the last conference with analysts and investors relative to the results for the first quarter of 2021, held on May 14, 2021, informs that in the quest to execute... Continue Reading →
Thousands of new oil wells and hundreds of new oilfields will be needed to meet global demand even if it falls sharply towards the middle of the century, Oslo-based consultancy Rystad Energy said on Friday. Its analysis stands in sharp contrast to the conclusions of the International Energy Agency (IEA), which said last week that... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, regarding the pieces of news published in the media, informs that its wholly-owned subsidiary Petrobras Bolivia S.A. (PEB) was condemned in the first instance to pay compensation for the use of property where the San Alberto field facilities are located in the amount of US$ 61.1 million, plus interest and... Continue Reading →
