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Perenco acquires mothballed Chenre, Bagre oil fields offshore Brazil from Petrobras

erenco Brazil will implement an ambitious redevelopment plan to revitalize the assets, restart production to a target rate of 10,000-15,000 bopd and unlock over 50 MMstb of reserves.

Vermelho , Maranhãbr , Brazil , Bagre , Minas-gerais , Brazilian , Armel-simondin , Brasileiro-sa-petrobras , Pargo-cluster-development-plan , Perenco-group , Petrobras , Perenco-brazil

Petrobras, bp to expand exploration, production ventures with new E&P contract

The two companies are already partners in exploration blocks in the Exploration & Production segment, including Alto de Cabo Frio Central, Campos basin, and Barreirinhas basin, all operated by Petrobras.

Cabo-frio , Estado-do-rio , Brazil , Barreirinhas , Maranhãbr , William-lin , Petrobras , Alto-de-cabo-frio-central , Jean-paul , Exploration , E-amp-p , Etrobras

Petrobras to address domestic offshore demands with $73 billion production, exploration investment

Projects include oil platforms, maritime support vessels, cabotage vessels, and the sustainable disposal of units. Petrobras expects to create up to 100,000 jobs with this demand within the estimated project timeframe.

Brazil , Brazilian , Carlos-jos , Energy-sector , Brazilian-oil , Gas-institute , Petrobras , Osrvs-oil-spill-response-vessels , National-shipbuilding-industry , Offshore-energy-sector , Strategic-planning , Jean-paul

Petrobras' ambitious drilling plans offshore Brazil fuel rally in oil rig bonds

Petrobras expects to require 280 new wells through 2028, and refurbish or plug another 700 wells, it said in an emailed response to questions. The company said the market for day rates is dynamic and that it will review pricing when hiring new rigs.

Rio-de-janeiro , Estado-do-rio , Brazil , Guanabara , Rio-grande-do-norte , Niteroi , Dado-galdieri-bloomberg , Rodrigo-ribeiro , Fabiana-gobbi , Constellation-oil-services-holding , Valaris-ltd , Petrobras

Analysis-In Petrobras dividend spat, CEO navigates Lula's divided cabinet

The fallout from a missing Petrobras dividend may have shifted the balance in a tug-of-war between the CEO of the state-run firm and the energy minister holding sway over its board. Chief Executive Jean Paul Prates saw his proposal for an extraordinary dividend, widely expected by shareholders, go down in flames last Thursday, blocked by government-appointed board members. The next day Petrobras shares plunged more than 10%.

United-states , Rio-de-janeiro , Estado-do-rio , Brazil , Brasilia , Distrito-federal , America , Brazilians , Alexandre-silveira , Fernando-haddad , Rui-costa , Fabio-teixeira

Lula Summons Petrobras CEO Over Dividend Crisis

(Bloomberg) -- President Luiz Inacio Lula da Silva will demand that Petrobras’ chief executive officer explain his handling of a dividends crisis that wiped out $11 billion of the state-owned oil company’s market value last week, as well as its plans to accelerate investment projects he considers essential to boost Brazil’s economy.Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackStock Rally Takes a Breather Before Inflation Data: Markets WrapThese Are the Be

Brazil , Bloomberg-businessweek , Luiz-inacio-lula , Fernando-haddad , Alexandre-silveira , Daniel-carvalho , Petrobras , Bloomberg , Jean-paul-prates , Finance-minister-fernando-haddad , Staff-rui-costa , Energy-minister-alexandre-silveira

Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) Q4 2023 Earnings Call Transcript

Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) Q4 2023 Earnings Call Transcript March 8, 2024 Petróleo Brasileiro S.A. – Petrobras isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning, and welcome to Petrobras’s Earnings Call for the Fourth Quarter of […]

Belgium , Mato-grosso , Estado-do-rio , Brazil , Tupi , Estado-de-pernambuco , Rio-grande-do-sul , Rio-de-janeiro , Sao-paulo , Sãpaulo , Itaborai , Duque-de-caxias

FPSO sets sail to Petrobras' Mero field offshore Brazil to increase oil and gas production

The unit, chartered by Petrobras from MISC, will be part of Mero’s 3rd definitive production system and will increase the field’s installed production capacity to 590,000 bpd.

China , Tupi , Estado-de-pernambuco , Brazil , Duque-de-caxias , Estado-do-rio , Yantai , Shandong , Carlos-jos , Sal-petr , Joelson-mendes , Cnooc

Lignocellulosic Biomass for Eco-Sustainability | DataHorizzon Research

Fort Collins, Colorado, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Helsinki, Finland, recently held the 13th Annual Lignofuels conference on February 7th and 8th, hosted by Active Communications International (ACI). On the backdrop of the strategic importance of Lignofuels at the global level, the event witnessed participants from all over the globe and discussed key points such as technology and innovative developments, biofuels legislations, assorted feedstock, identifying the market gaps and opportuni

Paraguay , Brazil , Colorado , United-states , Helsinki , Eteläuomen-läi , Finland , Bahia , Argentina , Uganda , Canada , Kenya

Baker Hughes Secures Major Multi-Year Well Construction Services Contract with Petrobras

Company to provide well construction services in Buzios field offshore Brazil Positions Baker Hughes as integrated solutions supplier for Petrobras HOUSTON, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Wednesday a significant contract award from Petrobras for integrated well construction services in the Buzios field, offshore Brazil. The integrated services project is set to start in the first half of 2025 and will include drilling service

Buzios , Estado-do-rio , Brazil , Houston , Texas , United-states , Maria-claudia-borras , Adriennem-lynch , Oilfield-services , Baker-hughes , Petrobras , Etrobras