Petrobras And Oil Companies Urge National Agency Of Petroleum And Natural Gas To Convert R$ 1.8 Billion Local Content Fines Into New Investments

Written by Flavia Marinho

Published on 20/07/2022 at 16:48

Updated on 20/07/2022 at 21:13

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ANP Board Approves First Proposal Presented by Petrobras Worth R$ 855 Million

ANP (National Agency of Petroleum, Natural Gas and Biofuels) has already received 25 proposals from oil companies interested in memorializing conduct adjustment terms (TAC), to convert fines for non-compliance with local content requirements into new investments in goods and services in the national industry. The total requests amount to commitments of R$ 1.887 billion.

The board of the National Agency of Petroleum approved on Thursday (7/14) the first proposal presented by Petrobras. The request covers blocks and fields of operation solely from the state-owned company. These are exploration and production contracts that are expired or have ended phases.

Petrobras Will Invest R$ 855 Million in National Industry Goods and Services by 2026

Petrobras is committed to investing R$ 855 million in goods and services from the national industry by 2026, with certified local content.

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Petrobras And Oil Companies Urge National Agency Of Petroleum And Natural Gas To Convert R$ 1.8 Billion Local Content Fines Into New Investments

ANP Board Approves First Proposal Presented by Petrobras Worth R$ 855 Million

Petrobras Will Invest R$ 855 Million in National Industry Goods and Services by 2026

While in Brazil a 10-story building takes 2 years to complete, in China a company stacks pre-fabricated modules and raises the entire building in just 28 hours and 45 minutes.

The oldest tree in the world, alive since before the birth of Jesus Christ, is cut down in a scientific study and the case changes environmental preservation rules.

An entire island in the Pacific wants to surround itself with a colossal barrier against the ocean to try to escape increasingly violent waves and not be swallowed by the sea in the coming decades.

After ten days orbiting the Moon, science confirms that the astronauts of the Artemis II mission return with altered bodies.

Peru built a tunnel at an altitude of 4,738 meters cutting through the Andes Mountains, and the road leading to it reaches 4,818 meters, making it the highest paved road in the entire world.

Seen from space, an image taken by an astronaut shows in Argentine Patagonia the exact point where a colossal glacier, a turquoise-blue lake, and a greenish arm of water meet, creating one of the rarest and most impressive landscapes in the region.

In the Saudi Arabian desert, the world’s largest green hydrogen plant is 80% complete and will use 4 gigawatts of solar and wind energy to produce 600 tons of clean fuel per day when it opens in 2027.

It has 26,000 tons, 173 meters in length, and produces 100,000 liters of water per day: the HMNZS Aotearoa is the largest ship of the Royal New Zealand Navy, combining hybrid propulsion, a polar hull, and functioning as a complete logistics base between the Pacific and Antarctica.

New smart camera starts fining those who ride without a seatbelt in the back seat, and technology is already changing traffic rules in urban Australia.

The last primitive tribe of China lives in a 400-year-old village where there is not a single brick house, and the residents still pull sacred drums from the forest in ceremonies that are over a thousand years old.

The interior of São Paulo gains a megafactory worth R$ 150 million that will produce axles for trucks and buses for industry giants, an investment that is expected to impact the area and is already projected for expansion.

Petrobras And Oil Companies Urge National Agency Of Petroleum And Natural Gas To Convert R$ 1.8 Billion Local Content Fines Into New Investments

ANP Board Approves First Proposal Presented by Petrobras Worth R$ 855 Million

Petrobras Will Invest R$ 855 Million in National Industry Goods and Services by 2026

While in Brazil a 10-story building takes 2 years to complete, in China a company stacks pre-fabricated modules and raises the entire building in just 28 hours and 45 minutes.

The oldest tree in the world, alive since before the birth of Jesus Christ, is cut down in a scientific study and the case changes environmental preservation rules.

An entire island in the Pacific wants to surround itself with a colossal barrier against the ocean to try to escape increasingly violent waves and not be swallowed by the sea in the coming decades.

After ten days orbiting the Moon, science confirms that the astronauts of the Artemis II mission return with altered bodies.

Peru built a tunnel at an altitude of 4,738 meters cutting through the Andes Mountains, and the road leading to it reaches 4,818 meters, making it the highest paved road in the entire world.

Seen from space, an image taken by an astronaut shows in Argentine Patagonia the exact point where a colossal glacier, a turquoise-blue lake, and a greenish arm of water meet, creating one of the rarest and most impressive landscapes in the region.

In the Saudi Arabian desert, the world’s largest green hydrogen plant is 80% complete and will use 4 gigawatts of solar and wind energy to produce 600 tons of clean fuel per day when it opens in 2027.

The government will pay R$ 1.20 for each liter of diesel that Brazil imports and for the first time in history requires distributors to reveal how much they profit — those who hide their margins will face fines of up to R$ 500 million…

Under kilometers of water, rock, and salt, Brazil hides a colossal wealth that led an official guide from the U.S. government to recognize the country as the owner of the largest ultra-deep oil reserves in the world.

Iran said that the Strait of Hormuz is open, but in practice only 1 non-Iranian oil tanker managed to cross in 24 hours — before the blockade, 100 ships passed per day.

Petrobras completes 1,300 hours of work and 15 km of subsea lines to connect the Búzios 90 well to the P-79 — the platform is ready to produce 180,000 barrels per day and is just awaiting ANP approval.

Iran declares the Strait of Hormuz completely open this Friday, and the price of oil plummets nearly 10% in a few hours — the largest drop since the beginning of the conflict.

It has 26,000 tons, 173 meters in length, and produces 100,000 liters of water per day: the HMNZS Aotearoa is the largest ship of the Royal New Zealand Navy, combining hybrid propulsion, a polar hull, and functioning as a complete logistics base between the Pacific and Antarctica.

New smart camera starts fining those who ride without a seatbelt in the back seat, and technology is already changing traffic rules in urban Australia.

The last primitive tribe of China lives in a 400-year-old village where there is not a single brick house, and the residents still pull sacred drums from the forest in ceremonies that are over a thousand years old.

The interior of São Paulo gains a megafactory worth R$ 150 million that will produce axles for trucks and buses for industry giants, an investment that is expected to impact the area and is already projected for expansion.