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June 2, 2020 Despite the economic crisis resulting from the coronavirus pandemic, Anglo-Dutch Shell and its partners decided to keep US $ 700 million in investments to set up a thermoelectric plant powered by natural gas from the pre-salt layer in Macaé, in the North of the State of Rio de Janeiro. The plant will... Continue Reading →
Jun 3, 2020 Petrobras will sell the gas fields Pescada-Arabaiana production project, located in the shallow waters of the Potiguar Basin. The oil company is about to conclude direct negotiations with Ouro Preto, current partner in the project, to sell its 65% stake in the asset located in the Rio Grande do Norte shallow waters,... Continue Reading →
Jun 3, 2020 Total is testing a new oil transfer system (offloading) using a CTV type vessel (Cargo Transfer Vessel) in the Lapa field, in the Santos Basin pre-salt. The goal is to analyze the integration and functionality of the CTV, the Sealoader-1, in oil transfer operations. Oil company may extend contract for specialized vessel... Continue Reading →
Jun 2, 2020 Equinor plans to produce the first oil from the Bacalhau field, in the Santos Basin pre-salt, in the third quarter of 2024. From then on, the oil company expects continuous operations for 30 years. The information is contained in the study and environmental impact report (EIA-Rima) of the enterprise, presented to Ibama.... Continue Reading →
June 2, 2020 ANP is publishing the Monthly Bulletin of Oil and Natural Gas Production with detailed data for April 2020. This month, production in the Pre-salt was 2.597 MMboe / d (million barrels of oil equivalent per day), the which corresponds to 69.5% of the national total. 2,057 MMbbl / d (million barrels per... Continue Reading →
Brazil’s real extended its rally in dramatic fashion on Tuesday, taking advantage of improving global market sentiment and demand for riskier assets to chalk up its biggest rise against the dollar in two years. The real was one of the worst-performing currencies in the world this year as markets tanked and the global economic and... Continue Reading →
Oil production in Brazil fell only marginally in April compared to the previous month, according to data released on Tuesday, as coronavirus-related stoppages and a dramatic fall in demand had a limited impact on output. According to Brazilian oil regulator ANP, the nation produced 2.958 million barrels of oil per day in April, up 13.6%... Continue Reading →
Brazilian geoscience services company OceanPact has chosen Sonardyne deep water positioning technology to support its research operations across the region. The company has installed Ranger 2 Ultra-Short Baseline (USBL) systems on board its research vessels Seward Johnson and Austral Abrolhos. Continue reading
Jun 2, 2020 The six largest oil companies present in Brazil have a well-aligned speech regarding the needs of the country's oil and gas sector for the future. The foreign companies Shell, Equinor, Chevron, BP, Total, in addition to Petrobras itself, are demanding more changes in the Brazilian regulatory regime to ensure that projects in... Continue Reading →
June 2, 2020 The BNDES believes that the construction of natural gas hubs in shallow waters could be a solution to promote the exploitation of gas fields on the Brazilian coast, stimulating competition and increasing production. The proposal is part of the study “Gas for Development”. André Pompeo, responsible for the study at the BNDES,... Continue Reading →
Brazil Energy Insight 