Browsing Tag

Equinor

Power

Equinor and Galp Eye Renewables in Brazil

analuisaegues Jun 24, 2020

The Norwegian and Portuguese companies study new investments in projects outside the oil sector

Oil & Gas

Equinor: E&P Schedule in Brazil Is Maintained

analuisaegues Jun 22, 2020

The Norwegian company is the focus of the second in a series of reports on oil company projects in Brazil

Oil & Gas

Safe Concordia in Açu

Claudia Siqueira Jun 9, 2020

Without contract, the flotel will undergo maintenance in the port of Rio de Janeiro waiting for a new offshore campaign

Oil & Gas

Equinor Plans Bacalhau First Oil

João Montenegro Jun 3, 2020

The Norwegian oil company does not rule out eventual flow of natural gas produced from the field in the future

Oil & Gas

Peregrino Production Fell by 80% in April

analuisaegues Jun 3, 2020

Extraction in the field operated by Equinor in the Campos Basin was suspended due to problems with risers

Oil & Gas

IOCs Consider Adjusting Investments in Brazil

analuisaegues Jun 2, 2020

The executives of private oil companies believe that Brazil needs to further simplify regulation in the sector

Natural Gas

Gas Projects Under Threat

Lais Carregosa Jun 1, 2020

An Equinor executive believes it is necessary to prioritize the sector's regulatory agenda

Oil & Gas

Equinor Gets Ibama License for Survey

analuisaegues May 29, 2020

The oil company contracted seismic surveys in blocks BM-S-8 and Norte de Carcará

Oil & Gas

Equinor Extends Contract with Vallourec

Lais Carregosa May 15, 2020

Products and services will be used in the fields of Peregrino and Bacalhau, in Campos and Santos

Oil & Gas

Equinor’s Projects To Be Closely Scrutinized

analuisaegues May 8, 2020

In view of the uncertainties in the sector, even the Bacalhau field in Brazil is subject to re-evaluation

Oil & Gas

Cade Approves Equinor Purchase

analuisaegues May 7, 2020

If the transaction is approved by the ANP, Petrobras will be the operator of blocks ES-M-598 and ES-M-673

Oil & Gas

Petrobras Eyes Another Slice of Equinor

analuisaegues May 5, 2020

Company plans to acquire the Norwegian company’s stake in block ES-M-596, in the Espírito Santo Basin

Older Posts

From the Media

Jul 03, 2020 - LNG Industry

Golar Power has entered into a strategic alliance with Galileo Technologies. The agreement was signed on 2 July in Sao Paulo and will leverage Golar Power’s natural gas distribution project, without pipelines, in the interior of Brazil. The project will also tap into new biomethane sources. Galileo will support the venture by providing its Gas 3.0™ Solutions suite: gas conditioning, distributed LNG production, LNG filling stations, and regasification plants. With this initiative, Golar Power intends to increase the share of local LNG in its supply and accelerate energy transition towards a cleaner energy chain with a lower carbon footprint in Brazil: switching from diesel fuel, liquefied petroleum gas (LPG), or heavy fuel oil (HFO) to natural gas.

Jul 03, 2020 - BNamericas

Some of the changes being studied by Brazil’s energy ministry to enhance the attractiveness of the second attempt to auction off the transfer-of-rights for the Sépia and Atapu blocks in the Santos basin next year include establishing in advance the compensation to be paid to state-run oil company Petrobras for investments made in the areas and sharing geological data with potential bidders. Energy minister Bento Albuquerque said Thursday the ministry will start holding meetings with firms interested in participating in the new auction after October to discuss information regarding the blocks and other improvements. The areas are part of the transfer-of-rights surplus volumes and were first put out to auction last November but did not garner interest from investors.

Jul 03, 2020 - Reuters

Brazilian state-run power firm Eletrobras could raise more than 14 billion reais (US$ 2.64 billion) with a share offering planned by the government that would reduce its stake in the company to 49%, Chief Executive Wilson Ferreira Jr. said on Thursday. Brazil's government currently owns 63% of Eletrobras, including indirect stakes held by Brazilian development bank BNDES and its equity arm BNDESPar. But President Jair Bolsonaro's administration plans to privatize Eletrobras through a primary share offering, which would reduce state ownership and take the company's control from the government.

Jul 03, 2020 - Bloomberg

For investors in Brazilian stocks, making even in 2020 may be a long shot. With the Ibovespa index ending the first half down 18%, strategists see limited room for gains in coming months. On average, they predict the benchmark will finish the year at 100,000, a Bloomberg survey showed. While that represents a 5% advance from where it stood at the end of June, it’d be the smallest gain for any July-December period in five years. Moreover, it means the market would be still stuck with a loss for the year. The rally that started in March and lifted the Ibovespa 50% is expected to lose some steam. While the central bank has cut interest rates to record lows and locals continued to flock to equities in search of better returns, foreigners remain wary.