Brought to you by Quest Offshore & Southern Cone Consultants
In the midst of a pandemic, newly created Energy Platform (EnP) is qualifying as operator C to participate in the permanent auction of the National Agency of Petroleum, Natural Gas and Biofuels (ANP), which currently has 54 companies registered. This is the strategy set up by the company for the acquisition of onshore exploratory areas... Continue Reading →
Apr 24, 2020 The monthly bulletin on oil and gas production shows stability in volumes extracted in March compared to the previous month. According to data from the National Petroleum Agency (ANP), oil production in the period was 2.968 million barrels per day, a slight decrease of 0.12% compared to February. It is worth remembering... Continue Reading →
Apr 22, 2020 FCF Participações e Investimentos, minority partner at Porto Central, submitted to Ibama a project that foresees the construction of a natural gas treatment unit in Presidente Kennedy, in Espírito Santo. The enterprise will have the capacity to produce 36.2 million m³ / d of natural gas. The plan is to run the... Continue Reading →
Apr 17, 2020 Petrobras temporarily paralyzed part of the Gaslub Itaboraí project (formerly Comperj), which includes the construction of the Rota 3 gas pipeline and the natural gas processing unit (UPGN). The measure complies with the letter from the Municipal Health Secretariat of Itaboraí (RJ), issued on March 23, which requests the interruption of 70%... Continue Reading →
APR 9, 2020 Petrobrás has notified Enauta and PetroRio, its partners in the Manati field, that the current situation in the Covid-19 pandemic may affect the state's commitment to buy natural gas from the asset. To better understand, it is necessary to remember that the Manati field is operated by Petrobrás (35%), in partnership with... Continue Reading →
April 9, 2020 Petróleo Brasileiro S.A. - Petrobras reports that it has been working to reduce the impacts of the COVID-19 (coronavirus) pandemic on the natural gas chain, since the slowdown in the Brazilian and the global economic activity has the direct effect of reducing the market consumption of natural gas. Therefore, Petrobras proposed the... Continue Reading →
Just a bit more than 3 weeks ago, the head of Argentina’s state-run driller outlined an aggressive $1.8 billion spending plan for 2020 in the country’s Vaca Muerta shale region, based on $60-a-barrel crude. With global prices starting the year above $68, it wasn’t unrealistic. Now, all bets are off. Continue reading
March 31, 2020 Petróleo Brasileiro S.A. – Petrobras reports that it has started the opportunity disclosure stage (teaser), regarding the sale of its remaining stake (10%) in Nova Transportadora do Sudeste S.A. (NTS). The teaser, which includes key information about the opportunity, as well as the eligibility criteria for selection of potential participants, is available... Continue Reading →
Mar 25, 2020 ANP is launching today (3/25) the “Study on the Use of Pre-Salt Natural Gas”. The publication focuses on increasing the commercialization and participation of natural gas from the Pre-Salt in the country's energy matrix, in line with the guidelines established in Resolutions nº 10/2016, 17/2017 and 16/2019 of the National Energy Policy... Continue Reading →
March 18, 2020 Petróleo Brasileiro S.A. - Petrobras, following up on the pressm release disclosed on February 27, 2020, regarding the sale of its entire 51% stake in Petrobras Gás S.A. (Gaspetro), announces the postponement of the deadline to qualify potential buyers for the non-binding phase for April 30, 2020. The adjusted teaser is available... Continue Reading →
Brazil Energy Insight 