(PetroleoHoje) Ventura (Petroserv) will secure two new charter contracts with Petrobras in January. The oil company decided to hire the semi-submersible Victoria and the drillship Carolina, offered in the tender for 2,400 m. The rig company won the batch B bidding process, aimed at chartering units without MPD. The rates presented by Ventura were around... Continue Reading →
Interview: André Lima Cordeiro, Executive Manager, Subsea Systems, Petrobras
Brazil has always pushed the boundaries of deepwater exploration and production – and it’s still doing so today. With some of the world’s largest deepwater reservoirs, that are often complex in themselves, it’s had to come up with new solutions. Elaine Maslin found out more from André Lima Cordeiro. (OE) Petrobras has often led the... Continue Reading →
Petrobras submits revised development plan for Brazilian field
(OM) Brazilian oil and gas giant Petrobras and its partners have submitted a revised development plan to the National Petroleum Agency, Natural Gas and Biofuels (ANP) for Tupi and Iracema fields – located offshore Brazil – in a bid to increase the recovery of hydrocarbons from the area. Petrobras reported on Wednesday that it has submitted the review of... Continue Reading →
Brazil’s Petrobras dramatically boosts CO2 re-injection
(Reuters) - Brazilian state-run oil company Petrobras significantly increased the amount of carbon dioxide it re-injected into its offshore oilfields in 2021, a major step forward in the firm's emission-reduction goals. According to a release provided by Petrobras, formally Petroleo Brasileiro SA (PETR4.SA), the company re-injected 6.7 million tonnes of carbon dioxide produced in the oil... Continue Reading →
CGX Energy moving forward with demobilisation activities off Guyana
Canadian oil and gas company CGX Energy will continue with the demobilisation of exploration drilling offshore Guyana, according to the Guyanese Maritime Administration Department. In its notice to mariners on Friday, the department confirmed CGX Energy’s demobilisation of exploration drilling is underway within the CGX-operated Corentyne block – where the Kawa-1 well is located – in Guyana’s Exclusive Economic... Continue Reading →
Reducing Risk Across the Lifecycle of Floating Production Assets
Using digital transformation to mitigate risks and increase performance of offshore rigs(OE) Floating production storage and offload vessels (FPSOs) are among the largest investment trade-offs an oil and gas producer will make. On the one hand, these immense vessels offer the promise of exponentially increased production and storage flexibility over onshore counterparts. On the other,... Continue Reading →
TOTALENERGIES RECEIVES A LICENSE FOR DRILLING IN THE CAMPOS BASIN
The Brazilian Environmental Institute (Ibama) granted the operating license to TotalEnergies to drill new wells in block C-M-541, in the Campos Basin. Valid for 5 years, the license authorizes the drilling of two exploratory wells (Marolo and Ubaia) and another three contingency wells by means of the Valaris DS-15 drillship. The license issued by Ibama... Continue Reading →
FAR finds no moveable oil in Gambian well
Australia’s FAR Limited is encouraged by oil shows and potential reservoirs encountered in the Bambo-1 exploration well offshore The Gambia despite no live oil columns being present. The well is located in Block A2 where FAR is the operator with a 50 per cent interest while its joint venture partner, PC Gambia – a subsidiary... Continue Reading →
Petrobras on the Tupi and Iracema Development
Petróleo Brasileiro S.A. – Petrobras informs that, as the operator of the Tupi Field, submitted, today, to the National Petroleum, Natural Gas and Biofuel Agency (ANP), the review of the Integrated Development Plan (PD) of the Shared Deposit of Tupi and the Iracema Area. In this revision, the Tupi Consortium proposes new investments to increase... Continue Reading →
Brazil: The end of the large pre-salt auctions
(Valor) The auction of the surplus volumes from the transfer of rights in Sépia and Atapu, carried out by the National Petroleum Agency (ANP) on Friday, marked the end of the large pre-salt auctions. A survey shows that, eight years after the bidding for the Libra area (today Mero), the first round under the country's... Continue Reading →