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The Buzios field, in the Santos Basin pre-salt, has gained an extra highlight this week of OTC Houston 2021. Petrobras won the Distinguished Achievement Award for Companies, the main award in the offshore industry, for the technological innovations implemented in the exploration and production of the field. Currently with four units in production, Buzios should... Continue Reading →
(PetroNoticias) About three years after acquiring the Titã block, in the Santos Basin pre-salt, the American company ExxonMobil started the first exploratory drilling in the area. The information was disclosed to the National Petroleum Agency (ANP) on its active wells portal. Drilling is being carried out in a water depth of 2,644 meters, using the... Continue Reading →
Petrobras is working with Japanese engineering company Modec to avoid delays in the implementation of the fifth production platform in the Buzios field, the asset's executive manager said on Monday. The Brazilian state-owned company proposed nine platforms for Buzios, its fastest growing deepwater project, in the 2021-2025 business plan. Four units are already in operation,... Continue Reading →
(Reuters) Rising calls to cut carbon emissions and to reduce global warming could generate more offshore partnerships and increase the output of cleaner oil for Brazil, the production chief of state-controlled Petrobras said in an interview. Brazil oil officials are in Houston at an offshore oil conference shopping for partners to develop deepwater oilfields that... Continue Reading →
Petrobras and Eneva discovered gas fluids in wells 1-BRSA-1380D-RJS and 1-ENV-19-MA, respectively, according to data published by the ANP last Friday. The notification of evidence of hydrocarbons was made to the ANP on August 12, in the case of the state-owned company, and on August 9, in the case of Eneva. Located in the C-M-346... Continue Reading →
Petrobras is preparing to dispose of the remaining subsea structures of the FPSOs Cidade do Rio de Janeiro, Cidade de Rio das Ostras and Piranema, which have already been demobilized from projects in the Campos and Sergipe-Alagoas basins, respectively. The oil company launched a tender to contract engineering, preparation, removal and disposal services (EPRD –... Continue Reading →
Australian oil company Woodside confirmed Monday it has been in talks with BHP over the potential acquisition of BHP's oil and gas business. "Woodside notes recent speculation regarding a potential transaction between Woodside and BHP Petroleum. Woodside continuously reviews the composition of its asset portfolio and opportunities to create and deliver value for shareholders. Woodside... Continue Reading →
Italian oil firm Eni said Friday it had recently started production from the Cuica field offshore Angola. The company is producing oil from the field via the Armada Olombendo FPSO. Production started on July 30, 2021, just over 4 months from discovery. To remind, when it first announced the discovery, Eni said the field would be... Continue Reading →
Petrobras has awarded Fugro with a three-year contract for subsea inspection, repair and maintenance (IRM) services in Brazil. The contract is set to begin in Q4 2021 and will be carried out from Fugro Aquarius using two Fugro-built 3000-meter work-class remotely operated vehicles (ROVs). The award follows the completion of a previous four-year contract for similar services aboard the same vessel. During the... Continue Reading →
(OM) Brazil is expected to contribute around 23% (1.3 MMb/d) of global crude oil and condensate production in 2025 from offshore projects coming onstream between 2021 and 2025, according to GlobalData. The company’s report, ‘Global Offshore Upstream Development Outlook, 2021–2025’, reveals that 1.16 MMb/d of crude and condensate production in Brazil in 2025 is expected from... Continue Reading →
Brazil Energy Insight 