Brought to you by Quest Offshore & Southern Cone Consultants
Petróleo Brasileiro S.A. – Petrobras, following up on the releases disclosed on 12/16/2021 and 01/17/2022, informs that, together with NSP Investimentos SA – In Judicial Recovery, communicated to Braskem SA the decision to cancel the public offering for secondary distribution of shares owned by them, which would have been held simultaneously in Brazil and abroad,... Continue Reading →
Decree clarifies the requirements for the assignment of use of public assets in offshore areas for the purpose of generating electricity The President of the Republic issued decree nº 10.946/2022, which provides for the assignment of use of physical spaces and the use of natural resources for the generation of electricity from offshore ventures. The... Continue Reading →
(PetroleoHoje) Ibama renewed Petrobras' seismic survey license in the Marlim, Voador and Albacora fields, in the Campos Basin. The validity of the authorization has been extended until January 5, 2023. This is 3D/4D Multiazimuth marine acquisition. The company responsible for the acquisition is Shearwater Geoservices. Activity, resumed on July 3, 2021, will cover 1,412 km².... Continue Reading →
The latest analysis from the specialist energy market research and consultancy specialist, Westwood Global Energy Group, has revealed a year-on-year growth for the global offshore rig market at the close of 2021, up 200 per cent from 2020. This has been bolstered by significant engineering, procurement and construction (EPC) spend, closing last year at $41.7bn,... Continue Reading →
ONGC Videsh Limited (OVL), a subsidiary of Indian national oil firm ONGC, has said it has entered a development stage for a deepwater gas project in Brazil. The company had registered a major gas discovery in 2019 in its deep offshore block BM-SEAL-4, Brazil, located in the Sergipe Alagoas Basin. Petrobras is the operator of... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, in relation to the pieces of news in the media about the postponement of the signing of the contracts for the sale of the Albacora and Albacora Leste fields, in the Campos Basin, clarifies that, as disclosed on 11/05/2021, it is in the negotiation phase with the consortiums led by... Continue Reading →
(Reuters) - Brazilian oil firm Enauta (ENAT3.SA) has cut investment in the Santos basin's Atlanta field, as it decides whether to involve new partners in the asset, the company's president, Décio Oddone, told Reuters. After a review of the project's concept, based on lessons learned, the company estimates investments of between $500 million to $600 million, compared... Continue Reading →
(PN) The revitalization of exploratory activity in the Campos Basin gains new developments. Over the weekend, Shell carried out the drilling of the wildcat well Bob-1, in block C-M-791, off the coast of Rio de Janeiro. The well was drilled by Seadrill's West Tellus drillship in a water depth of 2,918 meters. The Brazilian Institute... Continue Reading →
(OE) Dutch FPSO leasing company SBM Offshore has agreed to sell down a 45% stake in the FPSO Almirante Tamandaré, one of the world's largest FPSOs, being built for Brazil's Petrobras. "SBM Offshore is pleased to announce that it has entered into a shareholder agreement with its long standing business partners Mitsubishi Corporation (MC) and... Continue Reading →
(Reuters) - Shell (RDSa.L) has made a significant oil and gas discovery at an closely-watched offshore well in Namibia which could spark a wave of investment in the southern African country, three industry sources told Reuters. Namibia is not a fossil fuel producer, although northern neighbour Angola is a major oil and gas producer and a member... Continue Reading →
Brazil Energy Insight 