News

The Minister of Mines and Energy, Fernando Coelho Filho, decided to remain in Michel Temer’s administration, even after the PSB, his political party, decided to withdraw from the coalition and demand the resignation of the…

THE ASSOCIATED PRESS: Brazilians around the country staged demonstrations Sunday calling for their president to step down after the supreme court opened an investigation into allegations he endorsed the payment of hush money to a jailed…

The swirling, tumultuous events of this week involving Pres. Temer and prominent lawmakers in corruption charges that are threatening the downfall of his government have been widely and prominently covered in the mainstream international…

The selection of the offshore areas under study for the National Petroleum Agency’s (ANP) 14th Bid Round scheduled for 2017 is stricter than that offered in the previous round, avoiding areas in the new frontier – offshore…

Experts from the National Petroleum Agency (ANP) have already begun working on a request by the Libra consortium for a waiver of the local content requirements for the FPSO for the field being put out to tender. The vessel will be…

PetroRio expects to drill up to two new wells in the Polvo field in the Campos Basin. The information was disclosed by Renato Jerusalmi, the oil company’s finance department manager during a conference call with investors today…

Petrobras has requested an Operating License (OL) for the FPSO Cidade de Caraguatatuba. The vessel will be responsible for production in the Lapa field in the Santos Basin pre-salt area, with start-up scheduled for the second half of…

The FSPO Cidade de Ilhabela, installed in the northern part of the Sapinhoá field in the Santos Basin pre-salt, reached peak capacity production in April, helping the area to hit an average production of 270,000 boepd. The…

TheFloatel Safe Euros being buit in China Prosafe signed a US$ 164 million contract with Petrobras for a three-year charter of the Safe Eurus flotel, classified by the oil company as Maintenance and Security Unit (UMS). The…

The country with enormously powerful hydroelectric power plants such as Itaipu (14,000 MW) and Tucuruí (8,370 MW) is now facing a totally unforeseen enemy: lack of water. After months of drought, the levels in the reservoirs worry…

Ibama Ok’s FPSO Ilhabela Brazil’s environmental regulator, Ibama, has issued an operations license to Petrobras for the FPSO Cidade de Ilhabela, which has been cleared to begin production immediately in the Sapinhoá…

The Most Productive Wind Farms With capacity factors ranging from 67% to 81%, in September the ten most productive wind farms were all located in Ceará state. The highest factor was recorded for Tractebel’s Trairí…