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Aug 21, 2020 Total, together with its partners, will invest in the third phase of the Mero project in the Libra Block, located 180 kilometers off the coast of Rio de Janeiro, in the pre-salt area of the Santos Basin. Scheduled to start operating in 2024, Mero 3 FPSO1 will have the capacity to process... Continue Reading →
Offshore geotechnical services company Benthic will be deploying a remotely operated seabed drilling system off Brazil, as part of a contract awarded by the Brazilian national oil company Petrobras. Petrobras has hired Benthic to carry out geotechnical site investigation services at the giant Mero field located in the Santos Basin, which the company is developing in... Continue Reading →
TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded a large(1) contract for Engineering, Procurement, Construction and Installation (EPCI) through a competitive contracting process, by Petrobras, the leader and operator of the Libra Consortium, which was formed by Petrobras, Shell Brasil, Total, CNPC, CNOOC Limited and Pré-sal Petróleo SA (PPSA), for the pre-salt Mero field, located in... Continue Reading →
State-owned Qatar Petroleum has entered into a farm-in agreement with Angola’s national oil company Sonangol and French oil major Total to acquire a 30 per cent stake in Block 48 located in Angolan ultra-deep waters. The block, with a drill-ready opportunity, covers an area of approximately 3,600 square kilometres, and Total expects to start operations... Continue Reading →
Aug 19, 2020 Petrobras will decide on the future of the bidding for the chartering of the FPSO of Itapu (transfer of rights) this week. The expectation is that the oil company will either choose to cancel the bid or postpone, once again, the date of delivery of the proposals, with the promise of being... Continue Reading →
French oil major Total has resumed oil drilling offshore Angola with the Skyros rig while two more are expected to start operations in the week to follow. Olivier Jouny, managing director of Total Exploration & Production Angola, revealed short and mid-term plans for Total’s Angola operations in an interview with Africa Oil & Power on Monday. Continue... Continue Reading →
Guyana's new administration has put a hold on reviewing bids for a contract to lift the government's portion of crude produced offshore and plans to relaunch the tender, Vice President Bharrat Jagdeo said on Friday. The South American country began producing crude offshore in December and in June approved a group of 19 companies to move to... Continue Reading →
Aug 17, 2020 The combined production of oil and gas in the Brazilian pre-salt reached 2.7 million barrels of oil equivalent in July, a positive variation of 6% compared to June . With this number, the pre-salt corresponded for 70.8% of national production - this was the first time in history that the wells in... Continue Reading →
(Reuters) - French energy group Total and its partners have launched the third phase of development for the Mero deep offshore oil project off the coast of Brazil, the company said on Monday. The Mero 3 floating production storage and offloading vessel(FPSO) will have a liquid treatment capacity of 180,000 barrels per day (bpd) and... Continue Reading →
August 14 , 2020 Petróleo Brasileiro S.A. – Petrobras informs that today it signed a letter of intent with the company MISC Berhad for the chartering and services for FPSO (floating production storage and offloading unit) Marechal Duque de Caxias to be installed in the Mero field, belonging to the Libra Block, in Santos Basin... Continue Reading →
Brazil Energy Insight 