South America pipeline news
GlobalData: Petrobras must invest in renewables to meet emission targets
Petrobras must play its part to invest in other less capital-intensive sustainability efforts to reduce emission, says GlobalData.
Forum Energy Technologies appoints Brazilian partner
The company has entered into a partnership with Deepsea Technologies Equipamentos Industriais Ltda to represent its operations in Brazil as part of its long-term growth strategy in South America.
Monti Group expand with MontiPower Brasil
Monti has entered into a joint venture agreement with Tecnofink LTDA to market and sell Monti products in Brazil.
EIG agrees to sell minority interest in Transportadora Brasileira Gasoduto Bolívia-Brasil
A definitive agreement with Fluxys for the sale of EIG’s approximately 27.5% stake has been signed.
Petrobras sign an agreement for natural gas transportation and processing
The initiative marks a milestone in the construction of a more competitive gas market.
South American oil and gas pipelines hit hard by COVID-19
Deteriorating financial situation due to COVID-19 leads to productivity decline of South American oil and gas pipeline sector, says GlobalData.
Subsea 7 awarded contract extensions in Brazil
The company has announced an agreement with Petrobras to extend the current long-term day-rate contracts for three pipelay support vessels.
GlobalData: divergent economic outlooks for North and South Americas’ oil and gas producing countries
Svetlana Doh, Oil and Gas Analyst at GlobalData, comments on what lies ahead for the regions.
Vallourec extends its contracts with Petrobras to provide tubes and services
The contracts extension reinforces the historic partnership between the two companies.
GlobalData: Venezuela oil and gas crisis
Venezuela’s oil and gas sector sees worst crisis during 2020, says GlobalData.