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Sept 27, 2019 BP received approval from ANP to take over the operation of BM-C-30 (C-M-101) in the Campos Basin. Anadarko leaves the operation. The new consortium is now as follows: BP operates with 35.7%, along with IBV Brazil (35.7%), Total (20%) and Anadarko (8.6%).
ExxonMobil has submitted its Field Development Plan and Environmental Impact Assessment Report to the Environmental Protection Agency (EPA) in Guyana for its third potential development project offshore the South American country. The 220,000 barrels per day Payara Development Project is expected to come on stream by 2023, closely following the Liza Phase 1 and 2 developments at... Continue Reading →
ExxonMobil is evaluating several wells on its multi-billion-barrel Stabroek block offshore the South American country of Guyana where it has made a record 14 discoveries since 2015. As the US oil major looks for new plays in different areas on the 6.6 million acres block, it also has to get a better understanding of the... Continue Reading →
September 26, 2019 The purpose of the agreement, tailored by Economy Minister Paulo Guedes, is to maintain the date of the auction in November, even if deputies want to change the proposal; government needs the resources to close this year's accounts An agreement between Economy Minister Paulo Guedes and the congressional summit closed last night... Continue Reading →
September 25, 2019 Company believes that regulatory changes in the gas industry in the country are "on the right track". ExxonMobil is "optimistic" about the opening of the Brazilian natural gas market, said Vania Carvalho, the company's commercial director in Brazil. According to her, regulatory changes in the gas industry are "on the right track",... Continue Reading →
Sept 24, 2019 BP Energy has until November to provide Ibama with clarifications on its planned exploratory activities at the Foz do Amazonas Basin. The environmental agency - which analyzes the license request to drill in the region - requests the review of accidental scenarios and the presentation of contracted vessels and monitoring system within... Continue Reading →
September 23, 2019 Shell received from Ibama the license to drill up to three exploratory wells in the Alto Cabo Frio Oeste block, in the Santos Basin pre-salt. The license provides for drilling the wells by the Brava Star rig and is valid for four years. Alto de Cabo Frio Oeste was awarded to Shell... Continue Reading →
Equinor’s big bet on offshore wind will rival major oil projects, Norwegian intelligence group Rystad Energy said on Tuesday following a recent announcement that Equinor will work on the world’s largest offshore wind farm development, which is located in the UK North Sea. The offshore wind project Dogger Bank in the UK North Sea will... Continue Reading →
Canadian oil and gas company CGX Energy has hired PGS to conduct a 3D seismic survey over its Corentyne Block offshore Guyana. CGX has also deferred all operational obligations under its drilling rig contract for the Ralph Coffman jack-up due to the re-sequencing of commitments in the Corentyne Block. CGX Energy said on Monday that,... Continue Reading →
September 23, 2019 Petróleo Brasileiro S.A. – Petrobras reports that platform P-50, located in the Campos Basin, in the Albacora Leste field, had its production preemptively halted on Sunday night, due to the disruption of the mooring of the anchor system. Anchored by another 15 moorings, the platform is stable and safe, offering no risk... Continue Reading →
Brazil Energy Insight 