The ANP published today the names of two more companies qualified for the Second Round of Bidding for Excess Volumes of the Transfer of Rights: Petrobras and Shell Brasil Petróleo SA. Both were approved at a meeting of the Special Tender Commission (CEL). There are ten companies eligible for bidding: Chevron Brasil Óleo e Gás... Continue Reading →
Shell committed to explore hydrocarbons in Africa
(Reuters) - Royal Dutch Shell (RDSa.L) is currently committed to exploring in Africa for hydrocarbons and doing so fits the company's purpose, its exploration manager for deepwater Africa Benjamin Mee said on Wednesday at an industry event. More than 80% of Shell's exploration will be focused on core positions with an emphasis on deepwater and the company... Continue Reading →
EXXONMOBIL DISCOVERS OIL IN THE TITAN BLOCK IN THE SANTOS BASIN
(PetroNoticias) ExxonMobil notified the National Petroleum Agency (ANP) of the discovery of traces of oil in the pioneer well 1-EMEB-2-RJS (Titã-1), in the Titan block in the Santos Basin. The milestone was reached approximately three months after the start of drilling at the site, which is being carried out by the West Saturn drillship, chartered... Continue Reading →
Karoon secures US$ 160 million line of credit
Karoon Energy announced that financial close has been reached on the Company’s US$160 million reserve-based, non-recourse, syndicated debt facility. An initial draw down, in accordance with the facility agreement, of US$30 million has been made in preparation for investments in the Baúna intervention campaign and Patola development in Brazil. This marks a significant step in... Continue Reading →
Petrobras on divestment of Albacora and Albacora Leste
Petróleo Brasileiro SA – Petrobras, following up on the release disclosed on 10/07/2021, about the divestment project of the Albacora and Albacora Leste fields, in the Campos Basin, informs that its Executive Board concluded the analysis of the proposals received and, yesterday, it approved the start of the negotiation phase with the consortia led by... Continue Reading →
In the first month of the Co-Participation Agreement, Búzios produces 709.7 Mboe/d
The pre salt Buzios field produced 709,697 Mboe/d (one thousand barrels of oil equivalent per day) in September, with 566,196 Mbbl/d of oil and 22,815 MMm3 of natural gas. As of this month, the field's production began to be assigned to two separate contracts, one for transfer of rights and the other for sharing, arising... Continue Reading →
Petrobras Extends Safe Notos Flotel Charter
Brazilian oil company Petrobras has extended the contract with offshore accommodation firm Prosafe for the use of the Safe Notos semi-submersible flotel. Petrobras will use the Safe Notos for safety and maintenance support offshore Brazil. The original three years and 222-day firm period was due to complete in July 2020, had previously been extended through to mid-November... Continue Reading →
THE FIRST COMPANIES APPROVED FOR THE AUCTION OF SURPLUS VOLUMES OF SEPIA AND ATAPU ON DECEMBER 17
The list of the first companies that were approved for the second auction of surpluses from the Transfer of Rights, scheduled for December 17th, was released. The Special Bidding Commission of the National Petroleum Agency (CEL/ANP) gave the approval to eight companies during a meeting held this week. According to the regulatory body, the list... Continue Reading →
Wilson Sons invests in the port support market for the oil and gas industry
With the largest fleet of tugs in Brazil, the company stands out in towing operations for the O&G sector With the recent demand and oil prices recovery in the international market, large companies are starting to move forward with new projects. A study carried out by Wilson Sons, the largest integrated operator of port and... Continue Reading →
EXXONMOBIL WILL INVEST MORE IN GUYANA AND BRAZIL
(PetroleoHoje) ExxonMobil is planning higher capex for the year 2022 due to the Yellowtail and Bacalhau projects, located in Guyana and Brazil, respectively, said senior vice president and CFO Kathy Mikells. If approved by Exxon's board of directors, next year's capex will jump from the current level of $16 billion to $19 billion to $20... Continue Reading →
