http://www.worldoil.com WorldOil Novel flexible pipe overcomes challenges in pre-salt subsea developments https://www.worldoil.com/magazine/2021/april-2021/features/novel-flexible-pipe-overcomes-challenges-in-pre-salt-subsea-developments An innovative technological solution has overcome flexible pipe corrosion cracking in high CO2 content fields, including Brazil’s pre-salt offshore developments. The new pipe system is verified to extend service life by at least 50%, compared to standard flexibles. Baker Hughes pioneers flexible pipe solution to overcome stress corrosion cracking https://www.worldoil.com/news/2021/3/22/baker-hughes-pioneers-flexible-pipe-solution-to-overcome-stress-corrosion-cracking Baker Hughes has reached a significant technology milestone in pioneering a solution to overcome flexible pipe stress corrosion cracking (SCC) tendencies in high CO2 content fields, such as those found in Brazil’s pre-salt offshore developments. Forum Energy Technologies appoints Brazilian partner to support growth in South America https://www.worldoil.com/company-news/2021/3/1/forum-energy-technologies-appoints-brazilian-partner-to-support-growth-in-south-america Forum Energy Technologies has entered into a partnership with Brazil’s Deepsea Technologies Equipamentos Industriais Ltda as part of their long-term growth strategy in South America. Regional Report: Brazil https://www.worldoil.com/magazine/2021/february-2021/features/regional-report-brazil Despite a Covid-19 hit that sidelined many field operations, Brazil’s 2020 mid-year figures appeared to put production on track for another yearly gain dominated by the pre-salt. Analyst downgrades erase $18B of Petrobras stock value https://www.worldoil.com/news/2021/2/20/analyst-downgrades-erase-18b-of-petrobras-stock-value Bradesco BBI, BTG Pactual, Credit Suisse, JPMorgan, Nau Securities, Santander, Scotiabank and XP Investimentos cut their ratings on the shares after Brazilian President Jair Bolsonaro on Friday decided to fire the oil company’s CEO following a spat over hikes in fuel prices and moved to appoint Joaquim Silva e Luna, a former army general, as a replacement. Tenaris to supply Subsea 7 with coated risers and flowlines for Brazil’s Bacalhau offshore field https://www.worldoil.com/news/2021/1/26/tenaris-to-supply-subsea-7-with-coated-risers-and-flowlines-for-brazil-s-bacalhau-offshore-field Tenaris and Subsea 7 have signed an agreement for the supply of pipes and coating services for Bacalhau project, operated by Equinor and located 115 miles off the coast of São Paulo in Brazil. Petrobras matched Kuwait’s oil production in 2020 https://www.worldoil.com/news/2021/1/8/petrobras-matched-kuwait-s-oil-production-in-2020 In a year that brought the U.S. shale industry to its knees, the Brazilian state-run giant pumped an all-time-high 2.3 million barrels a day of crude, according to a statement Thursday. That’s about the same as OPEC member Kuwait. Brazil’s fuel demand surpasses 2019 levels, with more growth for 2021 https://www.worldoil.com/news/2020/12/9/brazil-s-fuel-demand-surpasses-2019-levels-with-more-growth-for-2021 Brazil’s surge in oil demand is a welcome development for a global market that’s been forced to push back expectations for when energy demand might get back to pre-virus levels. Brazil’s Petrobras CEO doubts decarbonization by “magical year” 2050 https://www.worldoil.com/news/2020/12/2/brazil-s-petrobras-ceo-doubts-decarbonization-by-magical-year-2050 Petrobras CEO Roberto Castello Branco's stance more or less echoes those of U.S. oil giants Exxon Mobil and Chevron, which have emission reduction plans but have been outspoken about their focus on crude. TGS announces new Brazilian seismic acquisition projects https://www.worldoil.com/news/2020/11/18/tgs-announces-new-brazilian-seismic-acquisition-projects TGS will mobilize the COSL vessel HYSY720 to commence acquisition of the Espirito Santo 3D survey by year-end.