Brought to you by Quest Offshore & Southern Cone Consultants
July 15, 2020 BOGOTA, Colombia--(BUSINESS WIRE)--GeoPark Limited (“GeoPark” or the “Company”) (NYSE: GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Peru, Argentina, Brazil, Chile and Ecuador, today announced its operational update for the three-month period ended June 30, 2020 (“2Q2020”). All figures are... Continue Reading →
July 15, 2020 Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 09/30/2019, informs that it has finalized today the sale of its entire participation in two onshore production fields (Ponta do Mel and Redonda), located in the Potiguar Basin, in the state of Rio Grande do Norte, to Central Resources do... Continue Reading →
July 15, 2020 Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 07/24/2019, reports that it has today completed the sale of its entire stake in the ten fields that comprise the Pampo and Enchova Clusters, located in shallow water in the Campos Basin in the state of Rio de Janeiro, to... Continue Reading →
Jul 15, 2020 The Búzios field is the highlight of the news this Wednesday (15). The novelty now is that the second phase of the asset should begin in 2024, according to Petrobras president Roberto Castello Branco. The executive also confirmed that, in this new stage, FPSOs with a greater production capacity than those used... Continue Reading →
Jul 14, 2020 Altogether, 40 small and medium-sized companies, 30 of which are Brazilian, are in the dispute to buy onshore mature oil fields from Petrobras, reveals Roberto Ardenghy, director of Institutional Relations at the state-owned company. With the pandemic, the company postponed for 12 months the conclusion of the sale of its 157 onshore... Continue Reading →
July 14, 2020 Petrobras accepted only one proposal to adapt the gas submarine network of the project in the Campos Basin Mota Engil Engenharia was the only company to have a proposal accepted by Petrobras in the bid for the acquisition of goods and services to adapt the underwater gas network of Parque das Baleias.... Continue Reading →
Jul 15, 2020 The wet Christmas and tree suppliers are looking forward to it. Petrobras' supply teams are finalizing all the details to place on the market the bid for the purchase of 38 trees for the phases that will come in Campo de Buzios, in the Santos Basin. The winning company or the winning... Continue Reading →
Singapore's Keppel O&M has received orders from Japan's FPSO leasing company MODEC to deliver components for two FPSO units. The orders are worth S$73 million (USD52,5 million) in total. In Singapore, Keppel Shipyard will fabricate, complete, and integrate the topside modules and mooring support structure for a Floating Production Storage and Offloading vessel (FPSO). Continue... Continue Reading →
July 14, 2020 Petróleo Brasileiro S.A. – Petrobras reports that the platforms installed in the Búzios field (P-74, P-75, P-76 and P-77), in the Santos Basin pre-salt, reached new production records yesterday, of 674,000 barrels of oil per day (bpd) and 844,000 barrels of oil equivalent per day (boed). The Búzios field, discovered in 2010,... Continue Reading →
Economic activity in Brazil began to grow again in monthly terms in May, after two sharp consecutive declines in March and April, as businesses slowly began to open up in the wake of coronavirus-related quarantining measures. The central bank’s IBC-Br index, a leading indicator of gross domestic product, rose 1.31% in May from April. That... Continue Reading →
Brazil Energy Insight 