Browsing Tag

campos basin

Oil & Gas

Focus On The “Hot Spot”

João Montenegro Apr 25, 2019

Like the Temer government, president Bolsonaro is emphasizing the assets in the Campos and Santos Basins

Oil & Gas

Oil Spills in Albacora Offshore Field

analuisaegues Apr 24, 2019

Petrobras sent specialized cleanup vessels to the area and paralyzed the operations of the P-25 and a pipeline

Oil & Gas

Uncertainties In Brazil Affect Latin Demand

analuisaegues Apr 11, 2019

Lower GDP growth could result in less demand for oil and its byproducts in the region, OPEC says

Oil & Gas

Jubarte Agreement Signed

Claudia Siqueira Apr 5, 2019

After almost five years of discussions, Petrobras and the ANP formalize the unification of Parque das Baleias

Oil & Gas

Equinor Signs Contract with Açu Petróleo

João Montenegro Mar 18, 2019

The Norwegian company will use the terminal at Port of Açu to carry out oil transhipment operations

Oil & Gas

BW Closes Agreement With Chevron On Maromba

analuisaegues Mar 15, 2019

The FPSO operator takes another step to gaining 100% of the Campos Basin field

Oil & Gas

PetroRio Plans To Drill In Frade

Bruno Postiga Mar 15, 2019

The Brazilian company should start its first campaign in the Campos Basin asset in early 2020

Oil & Gas

Little Interest In Parque das Baleias FPSO

Claudia Siqueira Mar 14, 2019

Only two companies submitted proposals for charter contract

Oil & Gas

BW and Petrobras Sign Agreement For Maromba

João Montenegro Mar 11, 2019

The company will pay US$ 90 million for the asset, in shallow waters of the Campos Basin

Oil & Gas

Congro Field Buoy To Be Decommissioned

João Montenegro Mar 7, 2019

In addition to the Cenpes prototype and three monobuoys, Petrobras is consulting the market to remove flexible lines and underwater equipment

Oil & Gas

BUSINESS INTELLIGENCE: Petrobras Launches Bid To Decommission Cação

João Montenegro Feb 28, 2019

With a two-year term, a contract for the removal of fixed platforms is scheduled to start in March 2020

Oil & Gas

P-58 Spill Under Control

analuisaegues Feb 26, 2019

The causes of the weekend leakage incident in the Campos Basin are still unknown

Older Posts

From the Media

Apr 25, 2019 - Renews Biz

Iberdrola renewables earnings before interest, tax, depreciation and amortisation were up over 13% in the first quarter of 2019, compared with the same period last year. EBITDA stood at €683.6m, while revenue also grew to over €1.1bn – a 5% increase the company said. Iberdrola said the contribution of its renewables businesses in Brazil, Mexico and the UK, as well as the offshore sector – particularly the Wikinger project – were behind the increases. These contributions more than offset lower production in the US and Spain, it added.

Apr 25, 2019 - Financial Times

Roberto Castello Branco, the new chief of Brazilian oil company Petrobras, was thousands of kilometres away from his desk, at a conference in Chicago, when he faced his first crisis. It was a Friday afternoon and Jair Bolsonaro, the Brazilian president, had just announced he would cancel a scheduled increase in the price of diesel. The decision was designed to stave off a potential truckers strike. But it also sent shares in Petrobras into freefall, knocking about US$ 8bn off its market capitalisation. Investors also feared it showed that Brazil was returning to the bad old day of government intervention under a president who freely admits he knows nothing about economics. “It was a blip. We don’t want to return to this past,” said Mr Castello Branco, rebuffing claims of state intervention in his first interview since the market crash.

Apr 25, 2019 - Americas Quarterly

It’s been a lucrative and eventful month at Brazil's state-led oil firm Petrobras. The company raised nearly US$ 20 billion from two big transactions on April 5 and 9, only to see market value fluctuate wildly over concerns about its fuel pricing policy. Investors grew jittery after the government overruled Petrobras’ decision to phase out diesel subsidies, contradicting the ostensibly pro-market tendencies of the Bolsonaro administration. But despite the messy politics of the pricing controversy, observers trying to get a sense of Petrobras’ long-term direction would do well to keep their eyes on that US$ 20 billion.

Apr 25, 2019 - Mercopress

Bolivia is looking at exporting natural gas globally through liquefaction terminals to be built in Argentina, and to buy crude from its southern neighbor, Bolivian President Evo Morales said, a move that would compensate for dwindling sales of its main export to Argentina and Brazil. Morales discussed the plans with his Argentine counterpart, Mauricio Macri, in Buenos Aires, where they also touched on other proposals to widen energy integration. In a press conference, Morales said they agreed that Bolivia's state-owned energy company YPFB “will participate in investments” to build liquefaction terminals to export LNG from Argentina.