Brought to you by Quest Offshore & Southern Cone Consultants
April 6, 2020 Petro Rio S.A. (“Company” or “PetroRio”) (B3: PRIO3), following best practices in corporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of March. 1. January figures account for a 70% stake in the Frade Field. The acquisition of the remaining 30% stake – announced on November 28,... Continue Reading →
6 April 2020 Netherlands-based Seabed Geosolutions has submitted the lowest bid in a Petrobras tender to contract proprietary seismic surveys for the Parque das Baleias and Golfinho fields off Brazil.
03 April 2020, ANP published the Monthly Bulletin of Oil and Natural Gas Production with detailed data for February 2020. This month, 3,783 MMboe / d (million barrels of oil equivalent per day) were produced, of which 2,972 MMbbl / d (million barrels per day) of oil and 129 MMm3 / d (million m3 per... Continue Reading →
April 6, 2020 The worsening of the global crisis due to the new coronavirus did not inhibit the progress of Petrobras' divestment program. Since January - when the first cases of Covid-19 were confirmed -, the oil company has launched 11 disclosure opportunities (teasers), more than a third during the month of March.
APR 6, 2020 The new secretary of Petroleum, Natural Gas and Biofuels, José Mauro Ferreira, is a former director of the Energy Research Company (EPE). The appointment was published in the Official Gazette (DOU) today. Ferreira holds a bachelor's degree in Industrial Chemistry, a Master's in Materials Engineering from the Military Engineering Institute (IME) and... Continue Reading →
Brazil's state-run oil company Petrobras has delayed by 90 days the deadline for bids to build a production platform in the Itapu field in Santos Basin after a sharp drop in oil prices and concerns about the impact of the COVID-19 pandemic, two people familiar with the matter told Reuters. The platform, which was slated... Continue Reading →
April 3, 2020 Regarding cuts in production and investments, Castello Branco pointed out that even without breaking the OPEC + agreements, worsening the market situation, companies would need to adapt to the new level of demand imposed by the covid-19 pandemic. “I honestly think that this dispute between Russia and Saudi Arabia, although the markets... Continue Reading →
April 3, 2020 The auction of the Atapu and Sépia TOR surpluses, pre-salt fields in the Santos Basin, is being scheduled for June 2021, the Minister of Mines and Energy, Bento Albuquerque said last Thursday (2). They are volumes offered, but not contracted in the auction of the Transfer of Rights in 2019. The minister... Continue Reading →
April 2, 2020 Petróleo Brasileiro S.A. – Petrobras informs that it has identified the presence of oil in the pioneer well of the Uirapuru block, located in the Santos Basin pre-salt. The pioneer well is located about 200 km off the coast of the city of Santos (SP), at a water depth of 1,995 meters,... Continue Reading →
APR 2, 2020 The National Petroleum Agency (ANP) approved earlier this week the Development Plan for the Lapa field, in the pre-salt of the Santos basin. The field is operated by Total (45%), in partnership with Shell (30%) and Repsol Sinopec (25%). The French oil company's share previously belonged to Petrobrás, which sold its share... Continue Reading →
Brazil Energy Insight 