Browsing Tag

pre-salt

Brava Star Returns to Petrobras Portfolio

Claudia Siqueira Jan 8, 2021

The drillship should begin exploratory campaigns between May and June in in the Santos and Campos pre-salt layer

O&G National Production fell 10% in November Y-o-Y

Lais Carregosa Jan 5, 2021

Scheduled and operational shutdowns in the fields of Búzios, Tupi, Atlanta and Albacora took production to the lowest level since May

Oil & Gas

Petrobras Fully Exits Sete Brasil

Felipe Salgado Jan 4, 2021

Petrobras no longer holds either a direct or indirect interest in the group

Oil & Gas

Tenaris Signs Pipe Supply Contract with Petrobras

Lais Carregosa Dec 21, 2020

Company will supply corrosion-resistant equipment to pre-salt wells, in partnership with Maxtube and Nova Coating

Oil & Gas

Term Extension for Tupi

Claudia Siqueira Dec 3, 2020

First extension request for pre-salt cluster field will be on the 2021 agenda

Oil & Gas

Shell Defends Changing Pre-salt Exploration Regime

analuisaegues Dec 2, 2020

A decision on the pre-salt exploratory regime - concession versus production sharing - should be made in 2021

Oil & Gas

PETROBRAS III: Continuing in Exploration

Claudia Siqueira Dec 1, 2020

Despite the focus on production development, the company plans to resume exploratory activities in the Equatorial Margin and in the Campos pre-salt

Oil & Gas

New Shallow Water Gas Hub on the Way

Claudia Siqueira Nov 30, 2020

EnP intends to develop an offshore gas hub to meet pre-salt and post-salt production demand in the southeastern region of Brazil

Oil & Gas

Without a Field To Call its Own, Repsol Sinopec Shows up in the Pre-salt

Lais Carregosa Nov 23, 2020

Joint venture has stakes in nine assets in the Campos and Santos Basins and the fourth largest production volumes in the country

Oil & Gas

Sepia, Atapu Assessments To Be Completed by the Next Round

Claudia Siqueira Nov 19, 2020

The project will map the definition of new parameters for the future auction of the surplus of the two areas

Oil & Gas

PetroRio Debuts in the Pre-salt

Felipe Salgado Nov 19, 2020

Brazilian company acquires BP's interests in blocks BM-C-30 (Wahoo) and BM-C-32 (Itaipu), located in the Campos Basin

Oil & Gas

Pre-salt: Petrobras Launches Offshore Well Efficiency Program

analuisaegues Nov 16, 2020

The company seeks to reduce time and costs by using new technologies and solutions

Older Posts

From the Media

Jan 19, 2021 - S&P Global

Brazilian oil company Petrobras' average gasoline price hike of 7.93% was not expected to increase the economic advantage of the biofuel E100 over the fossil fuel, market participants said. The state-led oil company announced the increase on Jan. 18, which will be implemented on Jan. 19 on an ex-refinery basis. More than 80% of light vehicles in Brazil are flex-fuel, which means that drivers can fill their tanks with E100 or gasoline. The fossil fuel in the country has a mandatory blend of 27% anhydrous ethanol. The fuel's choice is usually economically driven and consumers will generally fill their tanks with E100 only when its price is 70% or less than the gasoline price, because of hydrous ethanol's lower energy content.

Jan 19, 2021 - Renewables Now

Siemens Gamesa Renewable Energy SA will be the turbine supplier for the 434-MW first phase of Santo Agostinho wind complex in Brazil, Engie Brasil Energia SA announced. According to the local arm of France's Engie SA , the wind project requires an investment of about R$ 2.2 billion. With commercial operation set to take place by March 2023, the wind complex's output will be sold in the Brazilian free energy market, which closed 2019 with a volume of operations of R$ 134 billion, 6% up from 2018.

Jan 19, 2021 - World Economic Forum

Henry Ford in 1925 called ethanol “the fuel of the future.” Blending ethanol with gasoline substantially reduces the carbon content of the fuel. According to the US EPA, “the life-cycle emissions reductions in comparison to gasoline are about 20% for corn-based ethanol and 60% for sugarcane-based ethanol”. Cars manufactured post-2001 can easily accept a blend of 15% ethanol “without causing exceedances of air pollution standards.” Brazil, for example, accounts for 25% of the world’s ethanol production – and instead of corn, it produces ethanol from sugarcane. Ethanol sourced from sugarcane is the “cheapest source of ethanol” in the world. Brazil has experimented with “fuel flex” cars, which can be operated on any mixture of ethanol and gasoline, up to 100% ethanol.

Jan 19, 2021 - Light Reading

Huawei may be allowed to participate in the construction of Brazil's 5G networks after all, according to local reports. The newspaper Estado de S. Paulo said financial pressures and the imminent exit of President Trump from the White House are forcing President Jair Bolsonaro to backtrack on his opposition to the China-based vendor from bidding to provide 5G network equipment. Reuters noted that, like Trump, Bolsonaro believes that Huawei shares confidential data with China'’s Communist government, despite a lack of proof. Only last month, Reuters reported that Bolsonaro's government was looking for a legal way to exclude Huawei from 5G networks in Brazil.