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Aug 21, 2020 Total, together with its partners, will invest in the third phase of the Mero project in the Libra Block, located 180 kilometers off the coast of Rio de Janeiro, in the pre-salt area of the Santos Basin. Scheduled to start operating in 2024, Mero 3 FPSO1 will have the capacity to process... Continue Reading →
Aug 20, 2020 Equinor started licensing process with Ibama for the offshore wind farms Aracatu I and Aracatu II, with 2 GW in each and the possibility of expansion to 2.33 GW. The plan is to install the first wind farm on the coast of Rio de Janeiro and the second, between the states of... Continue Reading →
Offshore geotechnical services company Benthic will be deploying a remotely operated seabed drilling system off Brazil, as part of a contract awarded by the Brazilian national oil company Petrobras. Petrobras has hired Benthic to carry out geotechnical site investigation services at the giant Mero field located in the Santos Basin, which the company is developing in... Continue Reading →
Aug 20, 2020 Eneva's exploration work in the Parnaíba Basin is going full steam ahead. Now, the company has started drilling a well (4-ENV-14-MA) in block PN-T-103, which was purchased during the 13th Bidding Round, in 2015. In addition, the company made a natural gas discovery last week in well 1-ENV-13-MA, in block PN-T-68, also... Continue Reading →
TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded a large(1) contract for Engineering, Procurement, Construction and Installation (EPCI) through a competitive contracting process, by Petrobras, the leader and operator of the Libra Consortium, which was formed by Petrobras, Shell Brasil, Total, CNPC, CNOOC Limited and Pré-sal Petróleo SA (PPSA), for the pre-salt Mero field, located in... Continue Reading →
Aug 19, 2020 Petrobras signaling to operate exclusively in the exploration of oil and natural gas in the offshore segment in ultra-deep waters, the activities of onshore production and marginal accumulated activities have opened up to independent operators and medium and small companies. The opening provided the resumption of investments in the Brazilian onshore, re-activating... Continue Reading →
Aug, 19, 2020 Ibama renewed the operating license for the Baúna field, purchased by Karoon from Petrobras, in the Santos Basin post-salt. The license is valid until August 2024. Karoon expects to close the purchase of the field with Petrobras by September. The sale of 100% of Baúna was agreed at US$ 665 million, in... Continue Reading →
Aug 19, 2020 Petrobras will decide on the future of the bidding for the chartering of the FPSO of Itapu (transfer of rights) this week. The expectation is that the oil company will either choose to cancel the bid or postpone, once again, the date of delivery of the proposals, with the promise of being... Continue Reading →
Aug 19, 2020 The National Energy Policy Council (CNPE) approved the realization of the 17th and 18th bidding rounds in the years 2021 and 2022, respectively. The auctions would be held this year and next, but were postponed due to the crisis triggered by Covid-19 and the drop in world oil demand. In addition, the... Continue Reading →
Aug 19, 2020 The process of divestment in onshore fields in Brazil recently registered in the oil and gas industry due to the price of a barrel of oil and the economic recession caused by the covid-19 pandemic should warm up the sector and generate a promising market, evaluates the head of energy and natural... Continue Reading →
Brazil Energy Insight 