3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”) (B3: RRRP3), in compliance with the provisions of CVM Resolution No. 44, comes to clarify the veracity of the news entitled “Brazil’s Eneva, PetroReconcavo and 3R bid for Petrobras onshore fields, say sources”, published on March 22 on Reuters news platform (“news”). Contrary to the statement... Continue Reading →
Exxon estimates up to 1 billion barrels in Brazil oil prospect – Cutthroat well
(Reuters) - U.S. oil producer Exxon Mobil Corp (XOM.N) is drilling in a new area offshore of Brazil that could have as much as 1 billion barrels of oil and gas, its partner Murphy Oil said on Tuesday. If exploration is successful, it would be Exxon's first oil discovery in Brazil as an operator. Exxon leads the... Continue Reading →
Petrobras on news regarding the Bahia Terra divestment
Petróleo Brasileiro S.A. - Petrobras, regarding the pieces of news in the media regarding the sale of the onshore production fields, located in the Recôncavo and Tucano Basin, in the state of Bahia, jointly called Bahia Terra Cluster, clarifies that it received today new binding offers in the scope of this divestment process. The new... Continue Reading →
SBM Offshore divests minority interest in FPSO Alexandre de Gusmão project
Following the announcement on November 30 2021, with respect to the signature of the contracts for FPSO Alexandre de Gusmão, SBM Offshore is pleased to announce that it has entered into a shareholder agreement with its long standing business partners Mitsubishi Corporation (MC) and Nippon Yusen Kabushiki Kaisha (NYK). MC and NYK have acquired a respective... Continue Reading →
Brazil’s Eneva, PetroReconcavo, 3R bid for Petrobras onshore fields Bahia Terra
(Reuters) - Brazilian energy companies Eneva SA (ENEV3.SA), PetroReconcavo SA (RECV3.SA) and 3R Petroleum Oleo e Gas SA (RRRP3.SA) are among the firms that submitted a binding offer on Tuesday for a cluster of onshore oilfields owned by state-run Petrobras(PETR4.SA), three sources with knowledge of the matter said. Eneva and PetroReconcavo jointly bid for the fields, known collectively as Polo... Continue Reading →
Shell notifies discovery of indications of natural gas in block in the Campos Basin
(PN) Shell notified the discovery of evidence of natural gas in block C-M-791, located in the Campos Basin, off the coast of Rio de Janeiro, in a water depth of 2,917 meters. The discovery took place in well 1-SHEL-34A-RJS (Bob-1A), according to information from the National Petroleum Agency (ANP). The drilling of the Bob-1A well... Continue Reading →
2021 Subsea 7 results grow 45% with revenues over U$5 billion
Subsea 7 ended 2021 with excellent operational and financial performance. Revenue reached US$ 5 billion, representing growth of 45% compared to the previous year. The company's EBITDA reached US$ 521 million, an increase of 55% compared to 2020. Net income for the year was US$ 36 million. The global order backlog hit the $7.2 billion... Continue Reading →
Bacalhau development to hire 2 rigs
(PetroleoHoje) Transocean and Maersk Drilling continue in the dispute for the charter of the rig that will operate alongside the West Saturn unit for Equinor, drilling the development wells of the Bacalhau project, in the Santos Basin. The two groups presented the best proposals, being selected to proceed with the negotiation process with the Norwegian... Continue Reading →
Regulator: Brazil Cannot Add Oil to the Market Any Faster
(Reuters) Brazil this decade expects to gradually add 3 million barrels per day of oil and gas to its production but cannot speed up those plans to offset a ban on Russian oil, top oil regulator Rodolfo Saboia told Reuters last week. One of the largest and fastest-growing non-OPEC oil producers, the South American country... Continue Reading →
ANP approves the Wahoo commerciality declaration in the Campos Basin
The National Petroleum Agency (ANP) approved the request for declaration of commerciality for Wahoo, in the Campos Basin, operated by the independent oil company PetroRio. The request had been filed by the company at the end of last year. The field is located in block C-M-101 and has 126 million recoverable barrels of oil (1C),... Continue Reading →