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Norwegian marine survey contractor Argeo has signed an agreement with an undisclosed client to provide autonomous underwater vehicle (AUV) services in the Brazilian oil and gas sector. The project is scheduled to commence early in the first quarter of 2022 and includes the possibility of being extended. According to Argeo, the agreement represents a potential start... Continue Reading →
Malaysian FPSO contractor Yinson has signed a Letter of Intent with the Brazilian oil company Enauta Energia for the provision, operation, and maintenance of an FPSO at Enauta's Atlanta field in the Santos Basin, offshore Brazil. Enauta has been producing oil from the field using the FPSO Petrojarl I as an Early Production System, and has... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has acquired the exploration and production rights of the volumes exceeding those of the Transfer of Rights in the Atapu and Sepia offshore fields in the 2nd Bidding Round for theTransfer of Rights surplus under the Production Sharing Regime, held today, by the National Agency of Petroleum,... Continue Reading →
SBM Offshore is pleased to announce that it has secured a US$620 million bridge loan facility for the financing of the construction of FPSO Alexandre de Gusmão. The FPSO Alexandre de Gusmão will be deployed at the Mero field in the Santos Basin offshore Brazil. Mero is a project under Libra Consortium responsibility, in which... Continue Reading →
The winning bids for the Transfer of Rights auction, blocks Sepia and Atapu, are as follows: SEPIA - Consortium formed by TotalEnergies (28%), Petronas (21%) and QP Brasil (21%), made an offer of 37.43% of surplus oil to the Union. The bid exceeded the proposal presented by Petrobras (100%), which alone offered 30.30% of excess... Continue Reading →
Enauta announces that it has approved the drilling of an additional well in the Early Production System (SPA) of the Atlanta Field. The new well, scheduled to start production in early 2023, will allow for a significant increase in production and will add a spare to the wells' pumping system. The estimated value of the... Continue Reading →
Production in the Transfer of Rights reached an average volume of 1.003 million barrels of oil equivalent per day in November. This was the first time that the fields in the area reached the level above 1 million barrels per day. With this volume, the Transfer of Rights reached a share of 27.05% of the... Continue Reading →
Strengthened by the recent bills approved by the government, the Permanent Offer of the National Petroleum Agency (ANP) will have its next auction on April 13, 2022, consequence of declaration of interest submitted by a company already registered in this auction modality. Thus, the 3rd Cycle of Permanent Offer begins, which will be carried out... Continue Reading →
(Reuters) - Exxon Mobil Corp. (XOM.N) is prepared to bid on Friday for new blocks in Brazil's deep-water oil fields, a focus area for its oil and gas production growth, people familiar with the matter said. Any bid would mark its first big investment since it decided to resume spending after a historic, $22.4 billion annual loss... Continue Reading →
Ibama gave the green light for TGS to proceed with the 2D seismic acquisition in the Campos Basin. The campaign, scheduled for 2022, but still without a start date, will cover 23,000 km of 2D lines. This is a multi-client project. Given the proximity, TGS will use the port of Rio de Janeiro as its... Continue Reading →
