ExxonMobil working through Longtail EIA with Guyana’s EPA

Sept. 10 (oilnow.gy) ExxonMobil is working with the Guyana environmental regulator to advance the Longtail development, with the project expected to introduce non-associated gas and condensate production to the country’s offshore portfolio around 2030. Country President Alistair Routledge disclosed the progress during the Energy Perspectives podcast episode released on September 7. He said the company... Continue Reading →

Ibama grants Petrobras license, with conditions, to drill 3 new wells in the Foz do Amazonas Basin

Sept. 7 - Petrobras has successfully met Ibama’s requirements and has been granted the license to drill three additional wells in block FZA-M-059, located in the Foz do Amazonas Basin. The new wells—named Manga, Crotalus, and PAD Morpho—will be crucial for the oil company to determine the reservoir's size and assess the area's commercial potential.... Continue Reading →

Petrobras signs $58 million deal with Brazil regulator to bring wells into compliance

July 7 (Reuters) - Brazilian ​state-run oil firm Petrobras (PETR3.SA), opens new tab ‌signed an agreement with regulator ANP committing to bring 335 temporarily ​abandoned offshore wells into compliance with ​safety and environmental rules, ⁠both parties said in ​separate statements on Tuesday. Under ​the signed agreement, Petrobras will pay 300 million reais ($58.3 million) to ​ANP, and... Continue Reading →

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