3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”), following best practices in corporate governance and transparency, informs its investors and the market in general the preliminary unaudited production data for March 2022 in the assets that the Company holds participation. (1) Refers to 3R's stake in all Polo Macau concessions. On December 21, 2021,... Continue Reading →
Petrobras fields that underwent divestment are forecast to increase by 122% in production by 2025
ANP data show that oil production is taking place in 124 producing fields ceded by Petrobras to other companies, as of 2019, as part of the divestment process carried out by the company. In the period between 2012 and 2020. Before the divestments, production from these fields fell by approximately 60%, reaching 57,700 barrels of... Continue Reading →
3R Petroleum – Potiguar reserves report
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”) (B3: RRRP3) communicates its shareholders, investors and the market in general the result of the reserves certification of the fields that together form the Potiguar Cluster. The reserves report was prepared by the independent consultancy DeGolyer and MacNaughton, with a base date of December 31, 2021,... Continue Reading →
Petrobras on receiving for the sale of NTS
Petróleo Brasileiro S.A. - Petrobras, following up on the releases disclosed on 09/23/2016 and 04/04/2017, informs that it received today from Nova Infraestrutura Gasodutos Participações S.A. (NISA), a company held by Nova Infraestrutura Fundo de Investimentos em Participações Multiestratégia (FIP), an investment fund managed by Brookfield Brasil Asset Management Investimentos Ltda (Brookfield), and by Itaúsa... Continue Reading →
Petrobras on divestment of the Marlim Cluster
Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on 12/14/2020, informs that its Executive Board has approved the end of the competitive process, which was in the non-binding phase, for the sale of 50% of its stake in the Marlim, Voador, Marlim Leste and Marlim Sul concessions, jointly denominated Marlim Cluster, predominantly... Continue Reading →
Petrobras, PetroRio advance in Albacora Leste talks; twin field trickier
(Reuters) - Brazilian oil company PetroRio SA (PRIO3.SA) is close to agreeing on terms to purchase the Albacora Leste field from state-run oil company Petrobras (PETR4.SA), two sources with knowledge of the matter told Reuters, though talks around the neighboring Albacora field are proving more complex. Petrobras, formally Petroleo Brasileiro SA (PETR4.SA), has been in bilateral talks with PetroRio... Continue Reading →
Karoon farm-in at Atlanta field off Brazil
Brazil’s Enauta has confirmed it is in talks with Australia’s Karoon Energy for the sale of part of its interest in the Atlanta field located offshore Brazil. Located in the Santos Basin, the Atlanta field is operated by Enauta, which has a 100 per cent interest in this asset. Following a report by Brazilian news... Continue Reading →
FAR opts to keep future Senegal payment and embarks on Gambian assets farm-out
Australia’s FAR Limited has decided to retain the Woodside Contingent Payment within the company rather than demerging it into a new entity. However, a demerger is still on the table for the firm’s exploration portfolio in The Gambia, as the Australian player seeks farm-out options or outright sale to maximise the value of these assets.... Continue Reading →
Giant drilling contractor Transocean goes into seabed minerals to support renewables
After making an entry into a carbon capture and storage project earlier this year, giant offshore drilling contractor Transocean is now investing in the exploration of seabed minerals to support the renewable energy supply chain. Transocean informed on Tuesday that it has purchased a minority interest in Ocean Minerals, a company engaged in the exploration of... Continue Reading →
Orsted sells 50% of British wind farm to French consortium
(Reuters) - Denmark's Orsted (ORSTED.CO) said on Monday it had agreed to sell half of the Hornsea 2 project in Britain, which will become the world's biggest offshore wind farm, to a French consortium for 3 billion pounds ($3.94 billion). The deal is consistent with the Danish energy giant's strategy of selling off large stakes in operational... Continue Reading →