Browsing Tag

Upstream

Oil & Gas

Petrobras Saves US$ 66 M with Enhanced Offload Management

analuisaegues Nov 8, 2018

An algorithm helps optimize planning, helping operational efficiencies and team integration

Oil & Gas

BP, Petrobras Reconfirm Strategic Alliance

yolen@brasilenergia.com.br Apr 13, 2018

The two oil companies officialized the E&P cooperation agreement agreed to last year

Oil & Gas

GlobalData: Brazil 2018-2020 Upstream Capex = US$ 18.2 B/Year

yolen@brasilenergia.com.br Feb 9, 2018

Brasil Energy Newsroom An average capex of US$ 18.2 billion per year is forecast to be spent on 382 oil and gas fields in Brazil between 2018 and 2020, according to GlobalData, a leading data and analytics company. The consultants…

Oil & Gas

GlobalData Energy: Brazil’s Upstream Capex To Be US$ 54 B by 2020

yolen@brasilenergia.com.br Jan 11, 2018

Brasil Energy Newsroom Research and consulting firm GlobalData said in a report it expects that an average capex of US$ 18.2 billion per year will be spent on 382 oil and gas fields in Brazil between 2018 and 2020. Capital expenditure…

Domestic Content At A Low Ebb

Redação Nov 7, 2014

Petrobras said the commitment to local content with the Brazilian federal government will not be compromised A survey conducted by a Brazilian equipment supplier indicates that 13 FPSOs with operations scheduled to begin…

Retroactive Waivers Denied

Redação Nov 7, 2014

In all, there were 37 cases, submitted between 2012 and 2014, for which waiver requests were submitted The Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP) has signaled that it will not…

Less Production

Redação Nov 7, 2014

Gran Tierra did not produce at full capacity in the third quarter due to technical problems at the Rlam refinery. According to the company, the refinery's problems limited its ability to take delivery of oil…

Only Three Proposals For Rigs

Redação Nov 7, 2014

According to Petrobras, the procedures for executing the rig sales are now being carried out Only three rigs – P-1, P-IV and PV – drew industry attention at an international auction for the sale of…

Kangaroo Drilling Cleared

Redação Nov 6, 2014

The Olinda Star Rig (pictured) can drill in water depths of up to 1,100 m and drills wells to depth of up 7,500 m depth Yesterday (November 5), Brazil's environmental regulator, Ibama, authorized Karoon to…

Subsea Support

Redação Nov 5, 2014

The expectation is this and another tender for hiring an RSV will be launched into water at the beginning of next year Petrobras has begun soundings to charter a specialized vessel to conduct manifold installation…

New Oil Production Record

Redação Nov 5, 2014

Pre-salt production totaled 648,000 boepd, 0.2% more than in the month of August Oil production in the country in September posted the highest ever volume, of 2.358 million bopd. The result is 1.4% above August…

Marginal Areas In 13th Round

Redação Nov 5, 2014

The Eastern Margin of Brazil that extends from the states of Rio Grande do Norte to Rio Grande do Sul The National Agency of Petroleum (ANP) has approved the inclusion of areas with marginal accumulations in the…

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From the Media

Nov 14, 2018 - Brazilian Sugarcane Industry Association (UNICA)

With yesterday's European Parliament (EP) approval of REDII (495 in favor, 68 against, 61 abstentions) a major milestone on the EU's biofuels journey has been reached. It's been a rocky road, and lawmakers have finally agreed a text in the Renewables Directive that gives biofuels a future in Europe - albeit an uncertain one. Ahead of COP24, and bearing in mind the need to reduce global warming to less than 2 degrees Celsius, the transport sector must contribute its share, and for that we need a sound biofuels policy as the example of Brazil shows. Transport emissions only account for 10% in Brazil (21% in Europe) but the country is committed to further reduce its carbon footprint and with the new RenovaBio policy framework it is on track to drive the growth of the alternative fuels industry.

Nov 14, 2018 - Oilprice.com

Could Brazil's Oil Sector Trigger An Economic Miracle? Brazil’s new far-right President elect Jair Bolsonaro has huge plans in store for Brazilian crude. His energy team is planning a massive push for the sale of Brazil’s enormous crude deposits to foreign investors. This is a move that would potentially open up a staggering quantity of oil, bigger than all of Mexico’s proven reserves, to Big Oil and other private interests. Bolsonaro’s new pro-market strategies and political recruits represent a major shift in political ideology for the veteran politician. Before running for president, Bolsonaro was largely in favor of state control, and, as a retired military officer himself, the president elect continues to be close to extremely nationalist military leaders. Now, the long-time political figure has changed his tune, winning the Brazilian presidency on a free-market platform of and a promise to Brazil’s economic doors to foreign producers.

Nov 14, 2018 - Bloomberg

After four years, dozens of arrests and a handful of restructurings, holders of bonds from Brazil’s construction giants are still suffering the fallout from a corruption scandal that all but halted the industry in Latin America. The building unit of Odebrecht, which was forced into talks with banks earlier this year amid dwindling cash flow and a dearth of new projects, is again seeking help to deal with debt it can’t afford to pay back, according to a person familiar with the matter who asked not to be identified because the information is private. The company is in talks to renegotiate terms on US$ 3 billion of international bonds after missing an interest payment last month, the person said.

Nov 14, 2018 - Associated Press

Itron, Inc., which is innovating the way utilities and cities manage energy and water, will deploy its Gen5 network to enable energy efficiency, increased grid awareness and provide better usage information for the Brazilian utility, Elektro, part of the Neoenergia/Iberdrola group. The utility will replace existing electricity meters with smart meters from Eletra, an Itron authorized sales partner, and deploy Itron’s network in three cities, including Atibaia, Nazaré Paulista and Bom Jesus dos Perdões, over the next year. Elektro is part of Neoenergia group, the second largest distributor of electric power in Brazil, serving 13.6 million customers.