June 10, 2020 Petrobras started its first drilling campaign in block C-M-657, in the ultra-deep waters of the Campos Basin pre-salt. Well 1-BRSA-1376D-RJS, on the Naru prospect, is drilled in a water depth of 2,892 m. Originally scheduled for May, the campaign had to be postponed to the first week of June due to the... Continue Reading →
BP to have new president in Brazil
June 10, 2020 Adriano Bastos will leave the command of BP Brasil to direct the E&P activities of the British oil company in West Africa. Confirmed by sources to PetroleoHoje, the change will take effect in July. BP is still analyzing names to replace the executive. As of next month, Bastos is the new president... Continue Reading →
Petrobras on new naphtha contracts with Braskem
June 10, 2020 Petróleo Brasileiro S.A. - Petrobras informs that it signed new long-term contracts for the supply of petrochemical naphtha with Braskem S.A. ("Braskem") for the units in the states of Bahia and Rio Grande do Sul. The contracts come into force after the current contract closes in December 2020, and have a term... Continue Reading →
Petrobras files 2019 Sustainability Report
June 10, 2020 Petróleo Brasileiro S.A. – Petrobras informs that it has filed its 2019 Sustainability Report today. In addition to presenting Petrobras' operational, economic, social, environmental, and governance performance in 2019, the report also includes data regarding the first months of 2020, especially regarding the effects of the Covid-19 pandemic on the company and... Continue Reading →
Oil Workers’ Union, Petrobras Dismiss ‘Fake News’ of Helicopter Crash Offshore Brazil
Brazilian oil workers' union and oil company Petrobras have this week dismissed reports of a helicopter crash in the Campos basin, as fake news. Union SindipetroNF issued a statement is which it said that the "news published in some media on Monday, 08", that a Petrobras helicopter crashed into the Campos Basin was "Fake News."... Continue Reading →
Petrobras on divestment in the Espírito Santo Basin
June 10, 2020 Petróleo Brasileiro S.A. – Petrobras, in reference to the press released on 06/01/2020, regarding the sale of a part of its interest in the exploratory blocks belonging to the ES-M-596_R11, ES-M-598_R11, ES-M-671_R11, ES-M-673_R11 and ES-M-743_R11 concessions, located in the Espírito Santo Basin, hereby discloses to the interested parties that the deadline for... Continue Reading →
Shell looks to Brazil solar power sales from farms that are due online in 2023
Royal Dutch Shell PLC is ready to start negotiating with potential clients the sale of future solar power on Brazil’s free energy market from its first farms due to start operating in 2023, Shell’s solar business development manager for Latin America said. In a telephone interview on Monday, Maria Gabriela da Rocha said the startup... Continue Reading →
Petrobras starts licensing process in the Potiguar Basin
June 9, 2020 Petrobras started environmental licensing for drilling a well in block POT-M-952, offshore in the Potiguar Basin. This is the second project that Petrobras is licensing in the region - in April, it started the process for block POT-M-762. - Areas contracted in 2018, in the 15th round of the ANP (concession), at... Continue Reading →
Bahamas Petroleum awarded block offshore Uruguay
London-listed oil company Bahamas Petroleum (BPC) has been awarded the AREA OFF-1 petroleum licence offshore Uruguay. BPC said on Tuesday that it was chosen as the successful applicant for the award of an exploration licence offshore Uruguay by the Uruguayan national regulatory agency, ANCAP. Continue reading
TGS Completes 3D Seismic Survey in Santos Basin, Brazil
Norwegian offshore seismic data firm TGS has completed an additional phase of the Santos Basin 3D Multi-Client seismic survey in Brazil. "The survey is located south of the high-profile discoveries in the Santos Basin and the recent sought-after blocks offered in Rounds 15 and 16. The acquisition of 17,500 square kilometers of the 23,000 square... Continue Reading →