PreSalt.com

17 Jan 2010 - by PreSalt.com - Source: Agência Brasil
The proven reserves of oil, condensate and natural gas from Petrobras (Bovespa: PETR3 / PETR4, NYSE: PBR / PBRA, Latibex: XPBR / XPBRA, BCBA: APBR / APBRA.) fell 1.5% in 2009 over the previous year. On December 31, 2009, the volume shown by the state was 14.865 billion barrels of oil equivalent (boe), according to international criteria.
Petrobras said the drop is due to the inclusion of the reserves of state in Bolivia - a result of the nationalization of the oil and gas in that country by President Evo Morales.

29 Dec 2009 - by PreSalt.com - Brazil Agency

The Brazilian Association of Electrical and Electronics Industry (Abinee) wants to increase its participation in 2010 in the volume of material and equipment supplies to the oil, gas and marine industry. So says the regional manager of the entity in Rio de Janeiro (Abinee / RJ), Paulo Sergio Galvão.

21 Dec 2009 - by PreSalt.com - Source: Agência Petrobras

Petrobras and Halliburton – a technology and solutions provider for the oil and gas industry – signed a technological cooperation agreement for pre-salt (subsalt) reservoir research and development. Three research projects were negotiated: technologies to determine contamination in bottom hole fluid samples; well production behavior simulations in the laboratory; salt and CO2 formation cementation. Additionally, twelve other projects are still under negotiation. The agreement will be in effect for three years, and can be renewed for an equal term. Petrobras foresees it will invest some $15 million in the projects.