Brazil | Egypt Oil & Gas - Part 2

TotalEnergies Wins PSC for Two Pre-Salt Oil Fields in Brazil

TotalEnergies along its co-venturers announced that it has won production sharing contracts (PSC) for the Brazilian Atapu and Sépia pre-salt oil fields.

Brazil’s Vale authorized to Import LNG for First Time

Brazilian oil and gas regulation agency (ANP) has allowed mining company Vale to import liquefied natural gas (LNG) to serve its own heating demand.

Brazilian Enauta Suspends Operations in Two Atlanta Field Wells

Enauta Participações S.A. halted production from two of its well in the Atlanta field due to pumping system failure.

Equinor Awards EPCI Contract for Brazil’s Bacalhau Project

Schlumberger company announced that Equinor has awarded Engineering, procurement, construction and installation (EPCI) contract to Subsea Integration Alliance for its Bacalhau project offshore Brazil.

Raizen to Acquire Shell’s Lubricant Business in Brazil

Brazilian energy company Raizen, a joint venture between Royal Dutch Shell Plc and local group Cosan SA, has announced the acquisition of Shell’s lubricant businesses in Brazil, including a blending plant and a te ...

Equinor Awards Seadrill Ltd Four Year Contract to Drill in Bacalhau Field

Equinor Brasil Energia Ltd has awarded Seadrill Management S PTE Ltd a four year contract for the West Saturn drillship to start drilling in Bacalhau field in Brazil in the Q1 of 2022.

Petrobras Approves Proposal for Establishing with IPDMC

Petrobras announced that its board of directors has approved the proposal of establishing with the Industrial Plant Development and Modernization Company (CDMPI)

Petrobras to Sell RLAM Refinery to UEA’s Mubadala for $1.65 B

Petrobras comoany announced that it will sell its Landulpho Alves Refinery (RLAM), to the UAE’s Mubadala capital Company as it presented the best offer in an amount of $1.65 billion,

Petrobras Completes its Exit from the Frade Field

Petrobras company announced that it has completed its 30% stake sale from the Frade field which is located in the Campos Basin, to PetroRio Jaguar Petrolelo Ltda, a subsidiary of PetroRio S.A that holds the remain ...

Petrobras to Sell Remaining Stake in BR Distribuidora for BRL 26 Per Share

The Brazilian State- controlled Oil Producer Petrobras agreed to sell it remaining shares in BR Distribuidora if its stock recovers to BRL 26 per share.

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