Browsing Tag

Brasil Energy

Crisis? What Crisis?

Claudia Siqueira Feb 2, 2012

The economic crisis that is afflicting the European Union once again is frightening Brazilian industrial exporters, the way it did during the global recession of 2008/09. Yet natural gas sales in the country continue to rise without…

On The Cutting Edge

Redação Feb 2, 2012

After more than 20 years in Brazil, the Ship Power Division of the Finnish company Wärtsilä finished 2011 with a contract that could represent a benchmark for its activities in Brazil. The agreement calls for the development of…

Fresh Paint

Redação Feb 2, 2012

With more than 100 projects underway, ranging from the construction of new refineries to the modernization of current refineries, the Supply Area of Petrobras will start 2012 with a number of reasons for celebration. A record number of…

Easier Credit

Redação Feb 1, 2012

Even though they are acting through independent agreements among themselves, the associated companies of the four Petro Networks in the state of Rio de Janeiro have obtained significant results in recent years —beginning…

Catalogued Companies

Redação Feb 1, 2012

In addition to the Petro Networks, there are other initiatives in Brazil that bring together suppliers in the oil and gas industry to promote business, encourage partnerships and bring new companies into the productive chain…

R&D Attracts US$ 221 MM

Redação Feb 1, 2012

Eighteen companies will invest R$ 395 million (US$ 221 MM) over the next three years in solar power R&D in Brazil. The projects total 25 MWp of power and were approved in the strategic program “Technical and…

New Rules Coming

Redação Feb 1, 2012

Aneel has postponed — from December last year until February of this year — the regulations for the incentives for distributed solar energy micro-generation (less than 100 kW) and mini-generation…

Solar Policy

Redação Feb 1, 2012

Members of the government are signaling that the public policy option for the solar energy industry in Brazil will be for distributed generation. Subsidies are practically discarded and the auctions may be very expensive,…

Now A Field

Redação Feb 1, 2012

The prospect formerly known as Guará is now called Sapinhoá. With an estimated recoverable volume of oil of 2.1 billion boe, Petrobras declared the area commercially viable at the end of 2011, and it is…

Cleaner Fuels

Redação Feb 1, 2012

The units that are being inaugurated in Brazil’s refineries in 2011 and forecast for 2012 are part of an investment cycle begun in 2004 to improve the quality of fuels sold in Brazil. The investments were a response…

Solar Power’s Turn

Redação Feb 1, 2012

So far limited to isolated and small sized projects, the market for solar energy in Brazil will gain increased visibility starting this year, pushed by commercial sized plants, research projects and regulation of distributed…

Project Details

Redação Feb 1, 2012

Used for the first time in Brazil, the HCLS made it possible for an AHTS to lower the 11 wet Christmas trees installed in the first phase of the Parque das Conchas down to the seabed. Its big advantage is in the cost of the ship. Whereas…

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From the Media

Jan 17, 2019 - Reuters

Brazil plans to eliminate visitor visas for Americans, the country's tourism minister said on Wednesday, as President Jair Bolsonaro seeks to turn around the lagging tourism sector and engineer cozier relations with the United States. The visa initiative is part of the Foreign Ministry's plan for the first 100 days in power of Bolsonaro, who assumed office on Jan. 1, Tourism Minister Marcelo Alvaro Antonio told Reuters in an interview. Bolsonaro won the presidency running on a right-wing populist platform and is an open admirer of U.S. President Donald Trump. He has sought to realign Brazil with the United States, unlike the leftist Workers Party government that favored relations with fellow developing economies.

Jan 17, 2019 - Bloomberg

South America’s two largest countries are more united than ever, Argentine President Mauricio Macri declared during an official visit to Brasilia that sought to reset relations with President Jair Bolsonaro after an awkward start. Warm speeches from both sides sought to leave behind the initial tension in their relationship. Macri’s absence from Bolsonaro’s inauguration on Jan. 1 did not go unnoticed by Brasilia, while Brazilian Finance Minister Paulo Guedes’ insistence that the Mercosur customs union was not one of his priorities also riled Argentine officials. But that appeared to be forgotten as the two presidents discussed boosting trade, fighting crime and nuclear energy.

Jan 17, 2019 - World Oil

Petrobras reports that in 2018, its total production of oil and gas, including natural gas liquids (NGL), was 2.63 MMboed, of which 2.53 MMboed produced in Brazil and 101,000 boed abroad. Petrobras’ own production of oil in Brazil was 2.03 MMbpd. The annual average of the company's total operated production (both Petrobras and partner’s share) in 2018 was 3.29 MMboed, of which 3.16 MMboed in Brazil. The production of oil and natural gas in 2018 is in line with the goal established for this year in the company's Business and Management Plan, which projects 2.8 MMboed in 2019.

Jan 17, 2019 - OE Digital

With the oil and gas market heating up in Brazil, many foreign service providers are looking to set up shop in Brazil with an eye on new opportunities. Although the South American country's main attraction will continue to be exploration and production (E&P) in post-salt and pre-salt acreage, other significant opportunities will be on offer. One niche will be the decommissioning of various offshore structures, from deactivated subsea infrastructure to rusting rig legs to whole rigs and floating production storage and offloading units (FPSO). As many of Brazil’s offshore production units are aging, especially in the Campos Basin, decommissioning in Brazil will be an important market which will last for decades.