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Petrobras obtains environmental licenses to increase Brazil oil production, sources say

Rodrigo Viga Gaier – August 8, 2024, 11:33 PM Brazil’s state-run oil company Petrobras has obtained environmental licenses to expand production in two offshore fields, and could have one vessel start production earlier than expected in one field, three people with knowledge of the matter told Reuters. The licenses will allow Petrobras (PETR4.SA), opens new tab to…

Brazil’s Oil Production Increases in June, Reports ANP

02/08/2024 às 12:22 – CNN/Reuters The total production (oil and natural gas) was 4.353 million barrels of oil equivalent per day (boe/d). Brazil’s oil production in June averaged 3.409 million barrels per day (bbl/d), marking an increase of 2.7% compared to the previous month and 1.3% compared to the same period last year, according to…

Petrobras, CNOOC and Petrochina major winners in Brazil’s oil auction

The state-controlled oil giant Petrobras successfully bid for a total of 14.5 million barrels (mbbl).  Offshore Technology – August 1, 2024 Petrobras, China National Offshore Oil Corporation (CNOOC) and Petrochina emerged as the major winners in the latest oil auction conducted by Brazil’s Pre-Sal Petroleo (PPSA), with expectations of substantial revenue generation, reported Reuters.   The state-controlled oil giant…

Petrobras resumes ship contracts with the program for the renewal and expansion of its own fleet operated by Transpetro

Agência Petrobras – July 08, 2024 The first bidding process for the renewal and expansion of the fleet will be for the acquisition of four Handy class ships, which are expected to be more environmentally sustainable. Petrobras has resumed contracting its own vessels with the launch, on Friday, July 5, of an international public tender by…

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