Brought to you by Quest Offshore & Southern Cone Consultants
May 8, 2020 Oil company plans to drill up to three wells in the Patola discovery area, in the shallow waters of the Santos Basin Karoon submitted a project to Ibama to drill two production wells and a contingent in the area of the discovery of Patola, in the south of the Santos Basin. The... Continue Reading →
The Covid-19 pandemic could see demand for umbilicals fall by 32 per cent this year, Rystad Energy impact analysis reveals. According to Rystad, expected demand could fall to just 713 kilometres of lines in 2020, from 1,041 kilometres last year. Continue reading
Rio de Janeiro, May 6, 2020 - Petro Rio S.A. (“Company” or “PetroRio”) (B3: PRIO3), following best practices in corporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of April. 1. January figures account for a 70% stake in the Frade Field. The acquisition of the remaining 30% stake – announced... Continue Reading →
May 7, 2020 Petrobras should start in June a new exploratory campaign in the Campos Basin, in the CM-657 block, acquired in the 15th ANP Concession Round, in 2018. Although the company is postponing some works and cutting investments due to the Covid-19 crisis and the price of oil, the oil company is prepared to... Continue Reading →
May 5, 2020 ANP published the Monthly Bulletin of Oil and Natural Gas Production with detailed data for March 2020. This month, 3,739 MMboe / d (million barrels of oil equivalent per day) were produced, of which 2,973 MMbbl / d ( million barrels per day) of oil and 122 MMm3 / d (million m3... Continue Reading →
Eni has not found oil at its Ehecatl-1 exploration well in Block 7, offshore Mexico, Cairn, a partner in the project has said. Cairn said on Tuesday operations had been completed at the Eni-operated Ehecatl-1 exploration well in the Sureste Basin. Cairn has a 30% working interest in the offshore block through its subsidiary Capricorn... Continue Reading →
May 4, 2020 Petrobras suspended the result of the bidding process for the acquisition of goods and services to adapt the submarine gas network at Parque das Baleias. Petrobras' bidding committee reviews classification of Brazilian company Prática Engenharia in first place, with the price of R $ 268.492 million, the oil company published a statement... Continue Reading →
French energy major Total has joined a project to explore the potential of powering offshore oil and gas platforms with floating wind and wave energy. The O/G Decarb innovation project will examine the possibility of using a combined wind and wave technology on a floating foundation to store energy that can convert electricity into hydrogen... Continue Reading →
Apr 28, 2020 Petrobras has postponed, once again, the delivery dates for the proposals for two tenders for the chartering of offshore rigs. The receipt of bids was scheduled for April 30, but the bidding committee moved the deadlines to May 30. Amid the Covid-19 crisis and the renegotiation of ongoing contracts bidders see future... Continue Reading →
Apr 27, 2020 ANP published (April 27), Resolution nº 817/2020 dealing with the decommissioning (deactivation) of oil and natural gas exploration and production facilities, the procedure for returning areas to the ANP (with inclusion in the Permanent Offer) and the sale and reversal of assets. This is a milestone for the industry, as the modernization... Continue Reading →
