CNPE Changes Offer of Areas in 2018 and 2019 Rounds

The decision announced in mid-June was published this week in the Federal Official Gazette


Petrobras To Receive New AHTS

Bram Offshore vessel was chartered for eight years through Prorefam


Court Cancels Hikes in PIS/Cofins Taxes on Fuels...

Holds that increases in rates can only be applied by changing the law, not by presidential decree

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BEHIND THE NEWS- INTERVIEW - Sunew: Five Times More Organic Photovoltaic Film in 2018

The company has delivered the largest solar building façade and intends to reach 20,000 m² this year


Petrorio To Negotiate Royalty Reduction with ANP

The company wants a lower the tax rate from 10% to 5% to help finance drilling two new wells in the Polvo concession


Round 14 Enters Home Stretch

The conclusion of the technical seminars and the approaching registration deadline are two of the last milestones before the auction


ANP Approves new UTC Farm-out

The regulatory agency approved the operation with Phoenix in Rio Grande do Norte


Government Raises PIS/Cofins Taxes on Fuel

The measure will boost government revenues by US$ 3.3 B, reversing declines in tax revenues


Galáxia Is Off Petrobras' Blacklist

In the final phase of construction, the company's AHTS will begin an eight-year contract with the state-run oil company.


Pre-Salt Rounds Receive More Than 450 Industry Suggestions

Companies and other organizations from the sector to present proposals for improving draft documents and contracts


… And Government Vows To Appeal

According to Finance Minister, Henrique Meirelles, federal lawyers are now preparing the arguments


Petrobras: First Biofuel Thermal Plant Marks 15 Years In Operation

The Sepé Tiaraju facility uses 1.1 million m3/day of natural gas


Supergasbras’ Owner Enters LPG Market in the U.S.

SHV Energy, which in Brazil sells 1.5 million tons of fuel/year, announced a US$ 170 million agreement


Diamond Offshore Wins Round in Court

Petrobras' appeal of the cancellation of the Ocean Valor contract was denied


MARKET INTELLIGENCE: Petrobras Tenders Subsea Installation Tools

Sale contract provides for the first equipment delivery in 180 days


Ibama Issues Operating License for Libra LDT

The production of the first oil for the project, however, still has not been determined due to a pull-in system incident on the Libra Pioneer FPSO


... And Rosneft Contracts for Solimões Seismic Work

The Russian company is in the process of closing 2D and 3D surveys with Geokinetics