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Sep 04, 2019, The Brazilian Senate has approved an agreement for the transfer of rights over a disputed group of oil fields that would see state energy giant Petrobras get US$9 billion in compensation. Reuters reports the agreement also involves payouts to oil-producing states. These will come from the expected proceeds from auctions of the... Continue Reading →
Sept 05, 2019 Spectrum Geo has requested from Ibama authorization to conduct the third phase of 2D seismic data acquisition in the Pelotas Basin. Scheduled to start in June 2020 and end in December of the same year, the campaign will be carried out with the BGP Pioneer from Chinese BGP. The survey will comprise... Continue Reading →
Sept 5, 2019 Petrobras will require about 3,500 km of risers by 2023. Of this total, more than half (2,147,000 km) are still to be contracted, while 707 km have already been contracted, of which 357 km have been delivered and 283 km have contracts in progress. The figures were presented by Petrobras' General Manager... Continue Reading →
The proposed merger between offshore accommodation firms Prosafe and Floatel has suffered a setback in the UK, as the UK competition authority has found the merger would raise competition concerns in the supply of offshore accommodation. As previously reported, the proposed merger, if realized, would create the world’s largest offshore accommodation company, with Prosafe currently... Continue Reading →
September 4, 2019 Petrobras plans to drill ten wells in five production sharing areas in about two years Petrobras will start new exploratory campaigns in the Campos and Santos Basins pre-salt in the first quarter of 2020. Work on five production sharing areas will include drilling ten wells by the second quarter of 2022. Two... Continue Reading →
Brazil’s continued upstream reforms have transformed the country’s E&P operations, said Decio Oddone, director general of the ANP, Tuesday at SPE Offshore Europe 2019. Oddone, speaking at the Brazil-UK oil and gas presentation for investors, said most of the world’s largest oil companies now operate in the Santos and Campos basins, and that between 2017-21,... Continue Reading →
02 Sept, 2019 Petrobras has made a new notification of verified evidence of oil. This time, the discovery took place in the Sergipe-Alagoas Basin, within block BM-SEAL-4, at 2,647 meters of water depth, in well 3-BRSA-1368-SES. Drilling of well 3-BRSA-1368-SES began on June 20 of this year, through the Petrobras 10,000 rig. Petrobras is the... Continue Reading →
Sept 3, 2019 Petrobras is receiving one of the most important awards in the petroleum and gas industry, given by the Brazilian chapter of the Offshore Technology Conference (OTC Brazil), for the series of innovations developed during the Libra Long Term Testing (TLD), at the Bacia de Santos' pre-salt layer. According to the OTC Brazil,... Continue Reading →
Norwegian offshore vessel operator Solstad Offshore has won a contract extension for its construction support vessel Normand Pacific. The offshore vessel has been working for the offshore cabling specialist Prysmian, which has now exercised its option to extend. The extension in for two years. The contract is now expected to keep the vessel busy with... Continue Reading →
September 2, 2019 Petróleo Brasileiro S.A. – Petrobras, following up on the release dated 08/09/2019, reports the beginning of the binding phase to sell all of its operated working interest in 11 producing shallow waters fields located in the Campos Basin, jointly called Garoupa Cluster. Qualified parties for this phase will receive a process... Continue Reading →
Brazil Energy Insight 