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(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’s Petrobras has awarded TechnipFMC with a subsea engineering, procurement, construction and installation (EPCI) contract for its Búzios 6 field (module 7) greenfield development in the Santos Basin pre-salt area. The scope of the contract includes flexible and rigid pipe, umbilicals, pipeline end terminals, rigid jumpers, umbilical termination assemblies and a mooring system. According to... Continue Reading →
(OE) Brazilian oil company Enauta has agreed to buy FPSO OSX-2 for the Definitive System (DS) of the Atlanta oil field in the Santos Basin, offshore Brazil. The completion of the acquisition is contingent on compliance with the agreed contractual conditions and is expected to occur in the first quarter of 2022. "The acquisition of... Continue Reading →
Petro Rio SA (the “Company” or “PetroRio”) (B3: PRIO3), following the best corporate governance practices, hereby presents to its shareholders and the market in general, clarifications on news published in the press, last Friday, January 21, 2022, regarding the monocratic decision handed down by the Hon. Judge Dr. Luciano Saboia Rinaldi de Carvalho, of the... Continue Reading →
(PN) Prumo Logistica, a company controlled by EIG Global Energy Partners, responsible for the development of Porto do Açu, acquired the 20% stake held by the German company Oiltanking and will now control 100% of Açu Petroleo. Formed in 2016, Açu Petroleo is the owner of the only private terminal in Brazil for transshipment of... Continue Reading →
(epbr) The exploratory success in Guyana, where the activity is more advanced, indicates that there is potential for the discovery of large reserves in the formations shared with Suriname, and in Foz do Amazonas, Equatorial Margin of Brazil, where Petrobras intends to start the drilling campaign. this year. The blocks, contracted in 2013, are located... Continue Reading →
There are no official comments from the Suriname authorities regarding Bolsonaro's comments. Brazil's President Jair Bolsonaro said on Thursday that Suriname will give Brazilian state-controlled oil company Petrobras priority in the exploration of oil and gas reserves recently discovered off-shore. Bolsonaro spoke by webcast to supporters in Brazil from Paramaribo, where he met on Thursday... Continue Reading →
