Sept 23, 2019 Petrobras looks at opportunities to become a gas exporter, says Petrobras' institutional relations director Roberto Ardenghy, the company sees potential to become a liquefied natural gas (LNG) exporter in the future. Today, Brazil is an importer of this product. The executive stressed that the state-owned company expects a “very large” increase in production... Continue Reading →
New Petrobras FPSO Contracts in October
Sept 23, 2019 In October, Petrobras will sign the charter contracts for the Marlim and Parque das Baleias FPSOs. Sources have confirmed to PetroleoHoje that the oil company concluded negotiations with newcomer Yinson and Modec a little less than two weeks ago and that the formalization of operations depends only on internal procedures. Both Modec... Continue Reading →
Eni gets nod for Ehecatl well offshore Mexico
The country’s oil and gas regulator Comisión Nacional de Hidrocarburos (CNH) last week gave its nod for Eni to drill the Ehecatl-1 exploration well in the Block 7. Eni got hold of the block as part of the licensing round in 2017. Eni’s partner in the Block, Cairn Energy, said earlier this month that the... Continue Reading →
Enauta informs the production through three wells in the Atlanta Field
September 20th, 2019 Enauta Participações S.A. (“Enauta”, “Company” B3: ENAT3”) informs that the intervention to exchange the second well’s pump was concluded and the Atlanta Field’s total three wells production reached the peak of 30,462 barrels of oil per day. The drilling of the third well of the Early Production System was concluded in the... Continue Reading →
Why is Exxon returning to Brazil?
September 20, 2019 In November 2010, Exxon Mobil Corp. sent workers to a rig off the coast of Brazil, hoping to find oil in one of the most anticipated drilling programs in the energy sector. About 2,300 meters below the surface, they drilled the seabed, drilling more than 3 kilometers over almost two months before... Continue Reading →
PetroRio: Polvo Decommissioning by 2032
Sept 18, 2019 PetroRio plans to decommission the Polvo field between 2031 and 2032, 15 years after the estimate considered when it took over the project in 2014. The information is from the operator's Integrity engineer, Pablo Bartholo. The extension of the asset life in the Campos Basin will be possible thanks to a series... Continue Reading →
ABS, Keppel to Build Smart Rigs
In an Industry first, the provider of classification services to the offshore industry ABS partnered with Keppel Offshore & Marine (Keppel O&M) in developing the first two new build Drilling Rigs with Smart Notations. One of the rigs, which was delivered earlier this year for work in offshore Mexico, is already online with its performance... Continue Reading →
16th round of ANP has 17 companies registered
September 17, 2019 The National Petroleum Agency (ANP) has registered Enauta, Murphy Oil, Petrogal, Petronas and Whintershall DEA in the 16th bidding round plus the same companies that participated in the 15th round, held last year. The auction will offer 36 blocks in seven sectors of five maritime sedimentary basins: Pernambuco-Paraíba, Jacuípe, Camamu-Almada, Campos and... Continue Reading →
ANP publishes public notice and production sharing contract templates for the 6th Production Sharing Bidding Round
September 17, 2019 The ANP published the announcement and the models of production sharing contract of the 6th Round of Production Sharing Bids, scheduled to be held on November 7. The documents went through public consultation and hearing, at which the Agency received 410 contributions. The 6th Production Sharing Bidding Round will offer 4 blocks... Continue Reading →
Pre-salt: government wants to end Petrobras preemptive right
Sept 16, 2019 The government intends to make the pre-salt exploration regime more flexible by allowing blocks in these areas to be auctioned off in the concession model - in which the company owns the oil but assumes the risk of the activity, and the winner of the auction is who offers the highest bid.... Continue Reading →