Tag: Petrobras

Petrobras announced that it has started the contracting process for the chartering of two platform vessels for the Sergipe Deepwater Project (SEAP), in the Sergipe-Alagoas Basin, about 100 km off the coast.

According to International news, Brazilian energy producer Petrobras has launched Ultra Low Sulfur Marine Gas Oil (ULSMGO) in the Port of Santos, since 1st March. 

Rystad Energy research shows that the offshore oil and gas (O&G) sector is set for the highest growth in a decade in the next two years, with $214 billion of new project investments lined up. Annual greenfield capital expenditure (capex) broke the $100 billion threshold in 2022 and will break it again in 2023 – the first breach for two straight years since 2012 and 2013.

Petrobras and Equinor have released a statement on their agreement to evaluate seven offshore wind projects in Brazil. During CERAWeek (annual energy conference organized by S&P Global in Houston, Texas), the two companies signed a letter of intent that expands the cooperation between them to assess seven offshore wind power generation projects.

Petrobras carried out Brazil's first bunker delivery with renewable content at the Rio Grande Terminal (Terig), in Rio Grande do Sul, on 31 December.

Petrobras announced its commitment to becoming carbon neutral, falling in line with the 12-member global oil and gas climate initiative (OGCI).

Brazilian state-owned petroleum company Petrobras exported 1 million barrels of oil per day in April, representing a new oil export record, despite low oil demand caused by the COVID-19 pandemic. 

Reuters reports that Brazil’s state-controlled oil company Petroleo Brasileiro SA has ordered its ships to avoid the Strait of Hormuz. According to a statement, the decision was taken after consultations with Brazil’s Navy, not affect Petrobras’ fuel supply in Brazil.

Maersk is accused of paying $3.4m on bribes to get shipping contracts from the Brazilian energy giant, Petrobras, which has been caught up in a multi-billion dollar bribery case for years. Namely, Maersk has confirmed that its offices in Rio de Janeiro and Sao Paulo have been searched by the Brazilian Federal Police, adding that it will fully cooperate with the authorities, in relation to the allegations regarding the payment of bribes to national oil company Petrobras over a 10-year period through to 2012.

Petrobras informed on Monday, September 9 that it will start leasing its LNG regasification terminal, as well as an associated gas pipeline in the northeastern state of Bahia. The move is in line with an agreement made with Brazil’s antitrust regulator Cade in July to open up the Brazilian natural gas market to additional competition.