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 →

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

Plan to privatize PPSA – Pre Sal Petroleo S.A.?

Mar 11, 2020 There is a privatization plan for PPSA being discussed at the Ministry of Economy, led by Paulo Guedes, informs the Bloomberg agency. The state-owned company, which represents the Union in the pre-salt sharing contracts, would have been elected, along with Eletrobras, as the priority privatizations of 2020. - Still according to Bloomberg,... Continue Reading →

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