Search results for: Petrorio

34 results

A list of search results

  • 22 February 2019
    Infrastructure

    Brazilian oil company PetroRio is set to invest further into the Polvo field as part of the offshore field’s revitalization plan, which aims to increase the Polvo field’s recovery rates and extend its useful life.

  • 2 October 2019

    Brazilian oil and gas company PetroRio has completed the acquisition of an 18.26% interest in the Frade field located offshore Brazil.

  • 26 March 2019
    Project & Tenders

    PetroRio has closed the acquisition of Chevron’s subsidiary which holds a 51.74% interest in the concession and operation of the Frade field offshore Brazil, along with a proportional stake in the operating assets of the field.

  • 31 January 2019
    Business & Finance

    Brazilian oil and gas company PetroRio has entered into a share purchase agreement for Chevron’s stake in the Frade field offshore Brazil.

  • 12 August 2019
    Business & Finance

    The executive director of Brazilian oil and gas company PetroRio has resigned from his positions within the firm.

  • 20 January 2017

    Danish offshore vessel owner Maersk Supply Service has been awarded a two-year contract with Brazil’s PetroRio for Maersk Pacer an anchor handler, to perform tanker lifting for offloading operations in Brazil. Maersk Supply Service’s  CCO Carsten Gram Haagensen said:  “With this contract, Maersk Supply Service demonstrates that we are a trusted and preferred vessel provider […]

  • 4 December 2015
    Business & Finance

    BW Offshore, a Norway-based provider of floating production facilities, has secured a contract extension for one of its FPSOs in Brazil. The extension for lease and operation of the FPSO Polvo is for two years. The FPSO is operating on the Polvo field offshore Brazil. According to BW Offshore the firm period has been extended to […]

  • 4 February 2020
    Business & Finance, Infrastructure

    Brazilian oil and gas company PetroRio has signed binding documents for the acquisition of the OSX-3 FPSO for $140 million and the farm-in with Dommo Energia of 80% in the Tubarão Martelo field (TBMT) off Brazil, where the vessel is currently chartered.  PetroRio said on Monday that the acquisition would allow for the tieback between […]

  • 8 January 2018
    Business & Finance, Infrastructure

    BW Offshore has been awarded a contract extension for its floating production storage and offloading (FPSO) unit operating offshore Brazil. 

  • 1 October 2019
    Project & Tenders

    PetroRio has begun Phase 3 of its revitalization plan of the Polvo field located offshore Brazil with an aim to increase the field’s recovery rates and extend its life.

  • 10 March 2016

    PetroRio, a Brazilian oil and gas company, has announced it will not execute any new investments and it is terminating its exploratory activities offshore Namibia. PetroRio said that, after a long period of conversations with the Namibian government, the company chose not to proceed with its oil exploration licenses in Namibia and, therefore, it will not execute […]

  • 7 January 2016
    Business & Finance

    Wood Group has been awarded a new contract by PetroRio to deliver services to the Polvo A platform, in the southern Campos basin, approximately 100 kilometres off the coast of Rio de Janeiro. Integrated operations and maintenance services will be provided by Wood Group PSN under the two-year contract, which is effective immediately. The Polvo […]

  • 1 March 2016

    Brazilian oil company Petrobras has informed that the previously announced sale of stake in its two Campos basin fields will not proceed. The announcement relates to the sale of Petrobras’ 20% interest in the concessions of Bijupirá and Salema, signed on July 1st, 2015, with PetroRio S.A. Petrobras will keep its 20% stake in those fields, in partnership […]

  • 29 November 2019

    Brazil’s state-owned Petrobras has signed a contract with PetroRio for the sale of 30% stake in the Frade concession, located in the Campos Basin, north coast of the state of Rio de Janeiro for $100 million. Currently, PetroRio holds 70% interest of Frade’s concession. The company previously bought Chevron’s 51.74% stake in the Frade field […]

  • 13 January 2020
    Business & Finance, Infrastructure

    BW Offshore has signed an agreement with PetroRio for a one-year extension for the lease and operation of the FPSO Polvo.

  • 7 January 2019
    Business & Finance, Infrastructure

    BW Offshore has signed an agreement with PetroRio for a one-year extension for the lease and operation of FPSO Polvo.

  • 16 May 2018
    Equipment, Infrastructure

    BW Offshore has contracted PG Flow Solutions to supply water booster pumps for the Polvo FPSO life extension project.

  • 8 January 2018
    Project & Tenders

    BW Offshore has secured a one-year extension for the lease and operation of the FPSO Polvo with Petrorio. The firm period has been extended from Q3 2018 to Q3 2019. Furthermore, the contract  has an extension options until Q3 2022, the company noted. The FPSO is operating on the Polvo field, located in permit BM-C-8 […]

  • 1 April 2015
    Business & Finance, Equipment, Operations & Maintenance

    BW Offshore has signed an agreement with Petrorio for a one year extension for the lease and operation of the FPSO Polvo. According to BW Offshore, the firm period has been extended to Q3 2016 (from Q3 2015), with options until Q3 2022. The FPSO Polvo, which first arrived on station in 2007, is capable […]

  • 1 April 2015
    Business & Finance

    BW Offshore has signed an agreement with Petrorio for a one year extension for the lease and operation of the FPSO Polvo. According to the company, the firm period has been extended to Q3 2016 (from Q3 2015), with options until Q3 2022. BW Offshore is operating the FPSO Polvo on the Polvo field located […]

  • 2 July 2015
    Business & Finance

    Petrobras has signed with PetroRio S.A. the contracts regarding the sale of 20% of its interest in the concessions of Bijupirá and Salema fields, offshore Brazil, currently operated by Shell. The transaction amount is $25 million, subject to adjustments common in this type of operation. The fields are located in Campos basin, at between 480 to 850 […]

  • 8 January 2018
    Business & Finance

    BW Offshore has secured a one-year extension for the lease and operation of the FPSO Polvo.