Brazil upstream news

Petrobras has sold its entire stake in the Pescada, Arabaiana, and Dentão fields to OP Pescada Óleo e Gás Ltda.

Petrobras plans to launch the leasing tender for the FPSO by the end of August.

Petrobras has started to decommission platform P-12 in the Campos Basin.

ABB to deliver complete electrical, control and telecommunication solutions to drive efficiency and productivity for a new floating production, storage and offloading (FPSO) vessel.

Saipem is to install a rigid riser-based subsea system to serve the Búzios pre-salt project offshore Brazil.

The company will carry out the Brazil Nebula survey extension for CGG and a 3D scope for Oil India lasting 1.5 months, starting in 3Q20.

The FPSO operating the well has the capacity to process up to 150 000 bpd and treat up to 6 million m3 of natural gas.

MAN will supply Yinson with four RB-type centrifugal-compressor trains for gas production and export, as well as two screw-compressor trains, which will be put into operation as vapour-recovery units.

The company is selling its entire stake in the Atum, Curimã, Espada and Xaréu shallow-water oilfields.

Rystad Energy has released its annual global energy outlook, which claims that the Covid-19 downturn will expedite peak oil demand.