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(Reuters) - Exxon Mobil Corp (XOM.N) sees its investments in Brazil's offshore helping the company achieve a goal of lowering carbon emissions in its oil and gas production, country head Juan Lessmann said on Wednesday. Exxon's board is considering a pledge to cut carbon emissions to net zero by 2050 amid pressure from big investors to address... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras clarifies pieces of news in the media about the supply of natural gas for electric power generation. The company clarifies that it has expanded the supply of fuel for thermal power plants, which allowed to increase, between September 2020 and June 2021, the thermoelectric power generation of its plants and... Continue Reading →
The four contracts for surplus volumes of the Transfer of Rights - Búzios and Itapu (already signed) and Sépia and Atapu (which will go up for auction next December) - should account for 56% of production under the sharing regime by 2030, producing 4 billion barrels of oil in the decade. In total, the estimated... Continue Reading →
(epbr) The ANP's Special Bidding Committee approved the registration of Chevron, Ecopetrol, Murphy Exploration, Petrobras, Shell and TotalEnergies in the 17th bidding round, scheduled for October 17th. -- The 17th round foresees the offer of 92 exploratory blocks, all offshore, divided into 11 sectors of four Brazilian sedimentary basins – Campos, Pelotas, Potiguar and Santos... Continue Reading →
(OE) Chevron Corp is hoping to play a role in Brazil's pre-salt oil discoveries, the U.S. oil major's Brazil chief said on Tuesday at the Offshore Technology Conference (OTC) in Houston. The "pre-salt chapter" might be the most important development in Chevron's more than century-long presence in Brazil, said country manager Mariano Vela. Chevron has... Continue Reading →
The Buzios field, in the Santos Basin pre-salt, has gained an extra highlight this week of OTC Houston 2021. Petrobras won the Distinguished Achievement Award for Companies, the main award in the offshore industry, for the technological innovations implemented in the exploration and production of the field. Currently with four units in production, Buzios should... Continue Reading →
(PetroNoticias) About three years after acquiring the Titã block, in the Santos Basin pre-salt, the American company ExxonMobil started the first exploratory drilling in the area. The information was disclosed to the National Petroleum Agency (ANP) on its active wells portal. Drilling is being carried out in a water depth of 2,644 meters, using the... Continue Reading →
The company earned R$94.5 million and recorded net cash above R$450 million in the period PetroReconcavo, one of the leading independent oil and gas operators in the revitalization of mature onshore fields in Brazil, announced its results for the second quarter of 2021 (2Q21). Net revenue was R$ 249 million in the period, a growth... Continue Reading →
Petrobras is working with Japanese engineering company Modec to avoid delays in the implementation of the fifth production platform in the Buzios field, the asset's executive manager said on Monday. The Brazilian state-owned company proposed nine platforms for Buzios, its fastest growing deepwater project, in the 2021-2025 business plan. Four units are already in operation,... Continue Reading →
(Reuters) Rising calls to cut carbon emissions and to reduce global warming could generate more offshore partnerships and increase the output of cleaner oil for Brazil, the production chief of state-controlled Petrobras said in an interview. Brazil oil officials are in Houston at an offshore oil conference shopping for partners to develop deepwater oilfields that... Continue Reading →
