Claudia Siqueira

Oil & Gas

Mero 2 To Be Supplied by Maersk

Claudia Siqueira Jun 21, 2021

The company signed a US$ 100 million EPCI contract with the Libra consortium

Oil & Gas

Petrobras Announces Ranking of Búzios Rigs Bidding

Claudia Siqueira Jun 18, 2021

Norwegian and Chinese companies have the best classification in the bidding of the Brazilian oil company

Oil & Gas

More Time for Inspection of P-78 and P-79

Claudia Siqueira Jun 17, 2021

The auction, which has already been postponed, runs the risk of a new postponement

Oil & Gas

Ocyan Signs Another Contract with Petrobras

Claudia Siqueira Jun 16, 2021

Operations to start in 2022 and will last three-years

Oil & Gas

FPSO Cidade de São Vicente Leaving Brazil after Long Stay

Claudia Siqueira Jun 15, 2021

Without a contract, the BW Offshore unit prepares to leave Brazil after almost 12 years

Oil & Gas

Papa-Terra Sale Almost Closed

Claudia Siqueira Jun 14, 2021

After six months negotiating the final details, the divestment of the asset enters the final countdown

Oil & Gas

Albacora and Albacora Leste Under Analysis

Claudia Siqueira Jun 10, 2021

Companies interested in acquiring the two Petrobras fields request an extension of the deadline for submitting firm proposals

Oil & Gas

Petrobras and Partners Decide to Sell Rotas 1, 2 and 3

Claudia Siqueira Jun 9, 2021

The oil company is finishing up the sale model, while foreign companies decide to offer their stakes to the market

Oil & Gas

Galp Eyes Gas and Renewables in Brazil

Claudia Siqueira Jun 7, 2021

The increased interest in the two segments was revealed by Galp's global CEO, Andy Brown

Oil & Gas

The Polvo FPSO is targeted for Maromba

Claudia Siqueira Jun 7, 2021

The production unit may remain in Brazil even after the end of its contract with PetroRio

Oil & Gas

No Peregrino Oil Until 2022

Claudia Siqueira Jun 3, 2021

Equinor revises the date for the first oil of Phase 2 and schedule for resumption of field operations

Oil & Gas

Equinor-led Consortium Places US$ 8 B Bet on Bacalhau Field

Claudia Siqueira Jun 2, 2021

It is the first large pre-salt system in Brazil operated by an IOC without Petrobras’ participation

Older Posts

From the Media

Jun 21, 2021 - Argus

Brazil may be at an increased risk for blackouts this year amid a historic drought and a lack of measures to mitigate power shortages. Hydropower makes up 65% of the Brazilian power generation mix but the country is facing the most severe drought in 91 years. There is a high chance of power supply not being able to meet demand in the second half of this year, at the height of the dry season. But Brazilian energy authorities do not have a plan to address power shortages, such as implementing controlled rolling blackouts, meaning consumers are not being prepared for power rationing. And power sector regulations lack incentives for industrial consumers to lower their use during peak consumption hours.

Jun 21, 2021 - Reuters

Corruption-ensnared Odebrecht SA has proposed that creditors take over its sugar and ethanol unit, Atvos Agroindustrial Participacoes SA, in exchange for reducing Odebrecht’s huge debt load, according to two sources with knowledge of the matter. The move is the latest sign of the radical way in which Brazilian conglomerate Odebrecht, best known for its engineering and construction operations, is remaking itself to renegotiate US$ 15 billion in consolidated debt. Atvos has about 12 billion reais in debt with various lenders, including state-controlled Banco do Brasil, Caixa Economica Federal and development bank BNDES, as well as private Banco Bradesco Itau Unibanco Holding and Banco Santander Brasil.

Jun 21, 2021 - The New York Times

Crops have shriveled up under searing heat. Immense water reservoirs, which generate the bulk of Brazil’s electricity, are growing alarmingly shallow. And the world’s largest waterfall system, Iguaçu Falls, has been reduced from a torrent to a trickle. As Brazil approaches 500,000 deaths from Covid-19, a worsening drought is imperiling the country’s ability to jump-start its beleaguered economy, and may set the stage for another intensely destructive fire season in the Amazon rainforest. Several states in the country are facing the worst drought in at least 90 years. The crisis has led to higher electricity prices, the threat of water rationing and a disruption of crop growing cycles. Agriculture, an economic engine of the nation — which relies heavily on hydropower — is now at risk.

Jun 18, 2021 - Smart Energy

EDP and Brazil-headquartered Embraer are partnering to advance energy storage and battery charging technologies for electric aviation. The multinational EDP, through its EDP Smart division, has committed to a financial contribution for the acquisition of energy storage and battery charging technologies for Embraer’s all-electric demonstrator aircraft project. The prototype, which is already in development, is scheduled to complete its inaugural flight in 2021.