July 1, 2020 Petrobras found more hydrocarbons in the well that confirmed good quality oil in the field in May, in a water depth of 2,108 m, According to ANP, Petrobras found new evidence of oil in well 9-BUZ-39DA-RJS, in the Búzios field, in the Santos Basin, in a water depth of 2,104 thousand m.... Continue Reading →
Mero 3 subsea proposals
July 1, 2020 Petrobras receives proposals for the supply of wet Christmas trees (ANMs) for the Mero 3 field, in the Libra area, Santos Basin pre-salt. The tender calls for the acquisition of 11 pieces of equipment, along the same lines as the first two phases of the Mero field development. Source: PetroleoHoje
Brazil’s oil industry sees COVID-19 impact until the end of 2021
Brazil’s oil industry expects a recovery in domestic demand in the next months driven by growing China imports, but the negative effects of COVID-19 are expected to last through the end of 2021, lobbying group IBP said in a note on Tuesday. Consumption could drop by more than 10%, and oil prices should range between... Continue Reading →
Petronas Hires Maersk Developer Rig for Suriname Drilling
Malaysian oil company Petronas has hired Maersk Drilling's semi-submersible drilling rig Maersk Developer to drill in Suriname. The contract is for ar a one-well exploration campaign in Block 52 offshore Suriname. Maersk Drilling said Tuesday the contract was expected to start in Q3/Q4 2020, with an estimated duration of 75 days. Continue reading
Petrobras gets green light for drilling in the Campos Basin
Jun 30, 2020 Petrobras received an operating license from Ibama to drill in the SC-AP3 sector, in the Campos Basin, which comprises blocks C-M-210, C-M-277, C-M-344, C-M-346, C-M-411 and C-M-413. Acquired in the 14th ANP Bidding Round, the areas are operated by the state company (50%) in partnership with ExxonMobil (50%). The campaign foresees the... Continue Reading →
Petrobras on production record in Búzios
June 29, 2020 Petróleo Brasileiro S.A. – Petrobras reports that the platforms (P-74, P-75, P-76 and P-77) installed in the Búzios field, in the Santos Basin pre-salt, reached new production records on the 27th of this month, of 664,000 barrels of oil per day (bpd) and 822,000 barrels of oil equivalent per day (boed). The... Continue Reading →
Petrobras starts production in Atapu pre-salt
Jun 25, 2020 Petrobras started today the production of oil and natural gas from the shared deposit of Atapu, through platform P-70, in the eastern portion of the Santos Basin pre-salt, near the Búzios field. Atapu will contribute to the growth of production in the pre-salt, which is becoming increasingly relevant for Petrobras. The P-70... Continue Reading →
DeepStar awards magnetic ESP project to Upwing and Mitsubishi
Upwing Energy, an artificial lift technology company, and Mitsubishi Heavy Industries (MHI), one of the world’s leading industrial firms, have been awarded the next phase of the Magnetic Drive System (MDS) project by DeepStar, a global offshore research and development consortium. The new phase, based on the successful completion of a design study last year,... Continue Reading →
Offshore Drillers Facing Second Wave of Bankruptcies
The companies that operate offshore drilling rigs for major oil producers face a second wave of bankruptcies in four years amid a historic drop in energy prices that likely will leave surviving drillers more closely tied to big oil firms. A collapse of the offshore industry will have broad impact. Drillers and their suppliers have... Continue Reading →
More than 60% of the wells in the pre-salt found oil and / or gas
Jun 23, 2020 Operators have drilled 284 offshore exploratory wells reaching the pre-salt geological layer since 1980, finding oil and / or gas in at least 64% of them (182), according to ANP data obtained by PetróleoHoje. The account includes pioneer, stratigraphic, extension, adjacent and deeper deposited wells. Source: PetroleoHoje