Brazilian oil and gas company Petrobras has informed that the hull of the FPSO P-71 has arrived from China to a Brazilian shipyard for integration with other modules. Petrobras said on Tuesday that the hull of the FPSO P-71 had arrived in Espírito Santo on March 16. The trip began on December 12, 2019, when... Continue Reading →
Oil collapse could lop 20% off exploration budgets in Brazil, consultancy says
The recent collapse in oil prices could chop $300 million to $600 million off 2020 exploration budgets in Brazil, which has emerged as one of the world’s hottest offshore oil plays, specialists at consultancy Wood Mackenzie told Reuters. Before oil prices collapsed in the wake of failed OPEC talks earlier this month, the consultancy had... Continue Reading →
Shell plans seismic on Saturno
March 17, 2020 Oil company is hiring data acquisition company to carry out the activity in the Santos Basin Shell submitted a 3D seismic research project to Ibama to obtain exclusive data on the Saturno block, in the Santos Basin. The campaign will last 180 days and is scheduled for July 2021. The work will... Continue Reading →
BP gains time for Pau Brasil
March 17, 2020 With ANP approval, the British operator will collect new seismic data in the block located in the Santos pre-salt The ANP approved the first revision of the exploration plan for the Pau Brasil area, aquired by BP Energy in the 5th Production Sharing Round, in 2018. According to the regulatory agency, the... Continue Reading →
Deepwater Acreage to Attract Investments
Deepwater acreage will continue to attract significant company interest through 2020, said a report. According to GlobalData, a significant portion of the acreage available in Q1 2020 is located in either deep or ultra-deep water, up from the previous quarter. In Q1 2020, approximately 60% of the acreage available in licensing rounds either open or... Continue Reading →
Connecting Completions – Deepwater Drilling
Forewarned is forearmed, an adage that is particularly true when it comes to deepwater drilling. Offshore drillers are increasingly relying on existing and new downhole data technologies to make real-time decisions and keep operations safe. Multi-trip completions in offshore wells have long left operators in the dark about what was happening in the pay zone.... Continue Reading →
Petrobras on E&P assets in the Pelotas Basin
March 16, 2019 Petróleo Brasileiro S.A. – Petrobras, following up on the press release disclosed on 12/23/2019, announces the beginning of the binding phase related to the sale of part of its interest in exploratory blocks belonging to the BM-P-2 concession, located in the Pelotas Basin deep waters, in the state of Rio Grande do... Continue Reading →
VESSEL COLLIDES WITH FPSO P-77 IN BÚZIOS FIELD, IN SANTOS BASIN
MAR 13 , 2020 According to information obtained by Petronotícia, the vessel Batuira crashed into the platform ship P-77, in the Búzios field, in the Santos Basin. The FPSO suffered damage to its side and, in addition, there was a detachment of the gangway - a walkway that connects the Maintenance and Safety Unit (UMS)... Continue Reading →
Guyana Still Searching for Partner to Market Its Oil
Guyana has extended the initial deadline in its search for an agent to market its share of oil produced by an Exxon Mobil-led consortium to March 24, the Department of Energy said on Wednesday. Guyana has no domestic refining capacity or national oil company and must sell the crude on the open market. Continue reading
Petrobras on production record in Búzios field
March 11, 2020 Petróleo Brasileiro S.A. – Petrobras reports that it achieved on March 10th a new production record in Búzios field, in the Santos Basin pre-salt: 640 thousand barrels of oil per day and 790 thousand barrels of oil equivalent per day produced by the four platforms (P-74, P-75, P-76 and P-77) currently installed... Continue Reading →
Brazil Energy Insight 