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October 21, 2019 Shell announced the sale of 30% of its stake in the project Gato do Mato, which includes exploratory blocks BM-S-54 and Sul de Gato do Mato, in the Santos Basin, to Ecopetrol. With this operation, which has to be approved by the National Petroleum Agency (ANP) and the Administrative Council for Economic... Continue Reading →
Seabed Geosolutions, a joint venture between Fugro and CGG, has secured a letter of award to provide a 3D ocean bottom node (OBN) survey offshore Brazil. Fugro said on Monday that the 410 square kilometer survey in the Santos Basin has a contract value of over $50 million. The company added that the survey would... Continue Reading →
Karoon Energy has signed a marketing agreement with Shell West, a member of the Royal Dutch Shell group, to trade and ship crude oil production from the Baúna field located offshore Brazil. The Baúna field, located in the Santos Basin off the coast of the state of São Paulo, started its operations in February 2013... Continue Reading →
Oct 18, 2019 Project forecasts supply of thermoelectric plant in Roraima with natural gas produced in the field Eneva has begun construction of the Azulão field liquefaction terminal in the Amazon Basin. The integrated project also includes the installation of a gas treatment unit and the construction of a thermoelectric plant in the municipality of... Continue Reading →
October 18, 2019 Petróleo Brasileiro S.A. – Petrobras informs that, within its ongoing process of contingencies assessment, it will provision R$ 3.2 billion as a result of: (i) litigation involving the company Sete Brasil, (ii) environmental process in the state of Paraná; and (iii) disputes on special participation and royalties involving the National Agency of... Continue Reading →
Oct 18 ,2019 Field areas in the Campos Basin should be included in the ANP permanent offer regime. Petrobras informed the ANP of its interest in voluntarily returning the areas of modules 1 and 2 of the Espadarte field in the Campos Basin. If the order is approved, the areas - which have not been... Continue Reading →
October 17, 2019 Petrobras plans to begin production testing on its Sergipe deepwater discoveries in November, the company told the National Petroleum, Natural Gas and Biofuels Agency (ANP). The project had to be postponed for one year for maintenance at FPSO Cidade de São Vicente. The agency's board approved the new project schedule on... Continue Reading →
October 18, 2019 Further to the announcement dated September 30, 2019 confirming its participation in the public sale auction of the equity ownership of Serviços de Petróleo Constellation S.A. (“Constellation”) in the lease and operating companies related to five Brazilian FPSOs (“the entities”), SBM Offshore confirms it has been formally designated as the... Continue Reading →
October 17, 2019 CNPE will evaluate proposed inclusion of assets located within the polygon that have already been auctioned or returned On the agenda of the next meeting of CNPE, the inclusion of exploratory blocks located within the pre-salt polygon in the permanent offer regime was approved by the ANP board of directors meeting .... Continue Reading →
Oct 17, 2019 (Reuters) - Brazil’s auction of oil prospecting rights may reduce the government deficit in 2019 to below 100 billion reais ($24.10 billion), Treasury secretary Mansueto Almeida told GloboNews TV channel on Thursday. According to Mansueto, the Brazilian government expects to receive 48 billion reais from the transfer of rights oil auction. Mansueto... Continue Reading →
