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French oil major Total has started oil production from the Zinia Phase 2 project offshore Angola, connected to the existing Pazflor FPSO. The Zinia Phase 2 project includes the drilling of nine wells and is expected to reach a production of 40,000 barrels of oil per day by mid-2022. Located in water depths from 600... Continue Reading →
Norway-based Axess Group has signed an offshore support services contract with FPSO operator Altera Infrastructure. Axess said this week that the long-term global contract would see Axess provide offshore support services to FPSO assets located on the Norwegian Continental Shelf and the Brazilian Continental Shelf, as well as other assets in the future. Axxes Group did not share details on the financial side of the deal nor... Continue Reading →
(PetroNoticias) Petrobras officially launches today the tender for the EPCI of the subsea works of the Búzios 7 project, with the start of the period for sending proposals. The opening of the envelopes was scheduled for the 4th of August. The FPSO Búzios 7 production development project, called P-78, will have a total of 13... Continue Reading →
(Offshore Energy) Just like its rival Transocean, offshore drilling contractor Noble Corporation, which has recently marked its 100th anniversary, is optimistic about the market outlook for its rig fleet with a pipeline of tender opportunities developing on the horizon as well as higher day rates. Noble Corporation celebrated its one-hundred-year anniversary about a month ago, but that... Continue Reading →
(PetroNoticia) The Libra block development project will move forward. Petrobras applied to the Brazilian Institute of the Environment (Ibama) for the operating license for the second Early Production System (SPA) in the Mero field, located within the block. Like the first SPA in the area, this new project will also be carried out with the... Continue Reading →
(ANP) Published today the Monthly Bulletin of the Production of Oil and Natural Gas of the ANP of the month of March 2021, with consolidated data of the national production in the period. For the first time, production in the Santos Basin surpassed 70% of national production, registering its largest relative share in the historical... Continue Reading →
(epbr) ExxonMobil plans to start drilling in deep waters of the Sergipe-Alagoas Basin in the second half of 2021, said Alberto Ferrin, vice president of the oil company in Brazil. The company is licensing 11 exploratory wells in the basin, in areas of the 13th, 14th and 15th bidding rounds of the ANP, when it... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has started, today, the bidding process for the acquisition of a new FPSO for the Búzios field, in the Santos Basin pre-salt area. Called P-80, the platform will be the ninth unit to operate in the field, with capacity to process 225 thousand barrels of oil and... Continue Reading →
Brazilian oil and gas company Enauta has come to an agreement with Dommo Energia regarding all of the ongoing legal proceedings pertaining to the Atlanta Field offshore Brazil. This has been a long ongoing dispute dating back to 2017. At the time, Barra Energia exercised the rights to expel Dommo Energia from Block BS-4 which... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that today it expressed to the National Energy Policy Council (CNPE) its interest in the preferential rights in the Second Bidding Round of the Transfer of Rights’ Surplus Volumes under the Production Sharing regime, pursuant to Law 12,351/2010 and Federal Decree 9,041/2017. The company's Executive Board approved the expression... Continue Reading →
Brazil Energy Insight 