Browsing Tag

Petrobras

Oil & Gas

Lagoa Parda Officially Belongs to Imetame

Lais Carregosa Jul 3, 2020

The ANP approved the assignment of all of Petrobras' onshore rights

Oil & Gas

TechnipFMC Leads the Bidding for Flexible Pipe

João Montenegro Jul 3, 2020

While evaluating proposals, Petrobras launches a new bid process for more than 30 km of underwater pipelines

Oil & Gas

SBM Signs Financing for Mero 2

analuisaegues Jul 2, 2020

A US$ 600 M loan was signed with four international banks for the FPSO construction

Oil & Gas

Proposals for Mero 3 Subsea Equipment

João Montenegro Jul 2, 2020

Petrobras receives bids for wet Christmas trees for the Libra project

Oil & Gas

New Evidence Of Oil In Búzios

analuisaegues Jul 2, 2020

Petrobras found more hydrocarbons that confirmed good quality crude in the field in May

Oil & Gas

Petrobras To Divest All Onshore, Shallow Water Fields

Claudia Siqueira Jul 2, 2020

CEO confirms the state-run oil company’s strategy will focus on deep and ultra-deep areas

Oil & Gas

P-15 Workers Infected

Lais Carregosa Jul 1, 2020

According to information from Sindipetro-NF, nine employees were landed in the last days

Oil & Gas

IBP Ponders Resumption of Demand Scenarios

analuisaegues Jul 1, 2020

The agency is looking at the effectiveness of measures to contain pandemic and OPEC+ production cuts

Oil & Gas

Castello Branco: Special Care With Suppliers

Claudia Siqueira Jul 1, 2020

Despite the crisis and ongoing contractual negotiations, the executive ensures that the company will not "squeeze" the value chain

Oil & Gas

Petrobras Extends Distance Working

[email protected] Jun 30, 2020

Certain activities, depending on the company's need, may return to in-place before the end of the year

Oil & Gas

Engie Eyes Petrobras Share of TAG

Rafael Fernandes Jun 30, 2020

In response to B3, the company stresses the financial capacity to acquire the remaining 10%

Oil & Gas

Drilling in Campos Greenlighted

analuisaegues Jun 30, 2020

Petrobras campaign will sink up to seven deep water exploratory wells in the eastern portion of the basin in partnership with ExxonMobil

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.