Page 14 - LatAmOil Week 38 2021
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LatAmOil                                     NEWS IN BRIEF                                          LatAmOil








       The contractual model proposed here was con-  the new service station, contributing to a reduc-  which the company is a partner but not in charge
       ceived on an exceptional basis, in the context of  tion of more than 800 tonnes per year of CO2  of the operation.
       the water crisis situation in the country, to meet  emissions and an 80% reduction in fine particles.  Petrobras’ decision is aligned with the global
       the CREG determination.                Esteban Rodríguez, Lipigas business man-  positioning of the 12 member companies of the
         Finally, the leasing process for the LNG regas-  ager, explained during the inauguration that  Oil and Gas Climate Initiative (OGCI), a con-
       ification terminal of Bahia (TR-BA) and associ-  LNG was “a real option for reducing CO2 in  sortium Petrobras has been part of since 2018.
       ated facilities is in its final stage, awaiting the end  long-distance heavy transport, thus contrib-  Together, these companies represent about 30%
       of the term for appeals, with the company Excel-  uting to sustainable development, with the  of global oil and gas production and collaborate
       erate Energy Comercializadora de Gás Natural  design of efficient energy solutions that help to  to accelerate the transition to low carbon. With
       declared the winner of the bidding.  face the challenge of reducing emissions to the  this new initiative, the members aspire to achieve
         About Pecém Terminal: TR-PECEM is  environment.”                       emission neutrality, recognising that they have
       located on Pier 2 of the Port of Pecém, in São   Lipigas, a company with a presence in Chile,  many, but still not all the answers on how to get
       Gonçalo do Amarante-CE.  The maximum  Colombia and Peru, is a relevant player in the  there.
       regasification flow rate of TR-PECEM is 7mn  Latin American energy market, whose objective   In this context, Petrobras, as Brazil’s larg-
       cubic metres per day (at 1 atm and 20°C). The  is to satisfy the energy needs of its customers  est energy company and an important global
       terminal’s gas pipeline is 19.1 km long and 20  with its combined products and solutions.  player, is committed to the transition to a global
       inches (508 mm) in diameter, connecting the   HAM Chile, a leader in cryogenic equipment  low-carbon economy.
       TR-PECEM to the Guamaré-Fortaleza gas  and work, has been working for several years   “Over the past 11 years, the company has
       pipeline.                           in South America, with its own personnel and  improved its carbon efficiency in oil exploration
       Petrobras, September 17 2021        facilities in the Santiago metropolitan region,  and production by 47% and established itself
                                           allowing Ham Group to continue its expansion  as one of the most efficient oil and gas produc-
       HAM Chile notes progress            and maintain greater proximity to its customers,  ers in the world. To continue advancing in the
                                           offering a wide variety of products and services,  reductions we are also planning to establish a
       on LNG filling station              ranging from the design, construction, start-up  programme focused especially on accelerating
                                                                                decarbonisation,” says Petrobras’ Institutional
                                           and maintenance of service stations and regasi-
       engineering                         fication plants, bunkering, manufacture of LNG  Relations and Sustainability director, Roberto
                                           cryogenic tanks, etc.
                                                                                Ardenghy.
       HAM Chile, a subsidiary of HAM Group, has   HAM Group, September 15 2021   Petrobras seeks to proceed on this path, con-
       been the company in charge, together with                                tributing to the Paris Agreement and maintain-
       Empresas Lipigas, of the design, construction                            ing its competitiveness as a low-cost, low-carbon
       and commissioning of the first LNG service sta-  ESG                     oil and gas producer.
       tion in Chile. The service station, which incor-                           In its Strategic Plan 2021-2025, Petrobras
       porates the latest innovations in this type of   Petrobras aims for carbon   foresees investments of $1bn in sustainability
       facility, is located at the facilities of Transportes                    commitments, regarding the decarbonisation of
       San Gabriel, Linares, Maule Region, very close   neutrality in its operations  operations, the development of more sustaina-
       to Ruta Cinco Sur (Panamerican Highway in                                ble fuels, such as renewable diesel and aviation
       Chile), which is part of the main artery of land  Petrobras has announced its ambition to achieve  biokerosene, and research in renewable energy
       communication in the country.       emission neutrality in activities under its control,  and low-carbon solutions.
         This project has been possible thanks to Lipi-  in a timeframe compatible with the one estab-  Petrobras, September 20 2021
       gas, Transportes San Gabriel and the multina-  lished by the Paris Agreement. The company
       tional AB InBev, a company that will incorporate  also states its intention to influence its partners
       35 trucks of LNG to its fleet, which will refuel at  to achieve the same goal in oil and gas fields in  INVESTMENT
                                                                                Vista acquires 50% stakes

                                                                                in Aguada Federal, Bandurria

                                                                                Norte concessions

                                                                                Vista Oil & Gasannounced today that it has
                                                                                acquired a 50% non-operated working interest
                                                                                in the Aguada Federal and Bandurria Norte con-
                                                                                cessions, located in Vaca Muerta, Argentina.
                                                                                  The Company, through its subsidiary Vista
                                                                                Holding I, has acquired from ConocoPhillips
                                                                                Petroleum Holdings: (a) 100% of the capital
                                                                                stock of ConocoPhillips Argentina Holding, a
                                                                                Luxembourg company that holds 95% of the cap-
                                                                                ital stock of ConocoPhillips Argentina Ventures,
                                                                                and (b) 5% of the capital stock of ConocoPhillips
                                                                                Argentina, therefore effectively acquiring 100%
                                                                                of the capital stock in ConocoPhillips Argentina.



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