06/07/18 The Libra consortium has already started the first preparations for the new long-term test to be held in the Mero area at the end of the year. The LTT will mark the second campaign of the Pioneer Libra FPSO, unit of the Ocyan / Teekay consortium, which completed in May six months in operation.... Continue Reading →

Rio de Janeiro, July 06, 2018 - Petróleo Brasileiro S.A. – Petrobras informs that yesterday its Executive Board approved the execution of a Term Sheet with Odebrecht S.A., providing for a set of integrity obligations for Odebrecht group companies to enable the removal of the provisional ban imposed by Petrobras since December 29, 2014, to... Continue Reading →

Rest assured, President-elect Andres Manuel Lopez Obrador won’t use his congressional muscle to overhaul Mexico’s landmark oil reform that allowed foreign companies back into the industry, the head of his transition team said. Lopez Obrador, known as AMLO, will review private oil contracts for graft, but if something untoward is found there will be talks... Continue Reading →

Dutch marine engineering group SBM Offshore said on Thursday a Brazilian court had ordered Petrobras to provisionally withhold some payments to SBM to ensure the Dutch company pays whatever penalties it may receive in a corruption case. Read more

  July 3, 2018 Shell began licensing a campaign to acquire seismic data in the exploratory blocks area BM-S-54, which is the discovery of Gato do Mato, and the South of Gato do Mato, an area sold to the Shell consortium and Total in the 2nd pre-salt auction held in October last year. The oil... Continue Reading →

07/04/18 PetroRecôncavo plans to drill 10 wells this year. the company completed the drilling of the sixth of them this week, at the Cassarongongo field, one of the 12 that it operates for Petrobras through production contracts in the Recôncavo Basin. Discovered in 1959 in Bahia, Cassarongongo produced 1,798 bopd and 4,445 m3 / day... Continue Reading →

07/04/18 Brasil Energia Petroleum reported last week that Eneva plans to start drilling in its blocks of the 13th ANP Round in 2019. The company is one of the 19 asset operators with the first exploratory period to expire next year, according to data from the regulatory agency. In all, 57 blocks of rounds 11,... Continue Reading →

  July 4, 2018 Petrobras announced that it has signed a letter of intent with the China National Petroleum Corporation (CNPC) to evaluate the completion of the Comperj refinery in Itaboraí, Rio de Janeiro, and a participation of the Chinese in the project of the complex of Marlim, which covers the fields of Marlim, Voador,... Continue Reading →

  4 Jul 2018 Oil companies operating in Brazil begin to show data on purchases of domestic equipment and services as a demonstration that the local content rule has not lost its importance. After Equinor (formerly Statoil), Shell said yesterday that it bought R $ 700 million annually, on average, in the company's 20 largest... Continue Reading →