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June 28, 2019 The ANP changed the pre-tender of the Transfer of Rights Surplus auction, to include adjustments requested by Petrobras in the confidentiality agreement for access to the data of the fields that will be offered. The change was considered low impact and does not change the timeline of the auction. In the surplus... Continue Reading →
June 27, 2019 Petrobras is released by the ANP to begin the operation of the P-68 platform, which will produce in the Berbigão and Sururu fields, in the pre-salt of the Santos Basin. The agency's board authorized the extraordinary gas burning, for 180 days, required to start the unit's (commissioning) processing plant. The company now... Continue Reading →
The CMA-1 Consortium, operated by French oil major Total, has achieved record production in Tierra del Fuego with a volume of 22.8 million cubic meters/day from the offshore fields located north of the Province of Tierra del Fuego. The CMA-1 Consortium is composed of Total Austral (operator with a 37.5% interest), Wintershall Dea (37.5%), and... Continue Reading →
U.S. oil company Talos Energy has completed the appraisal at the third and final appraisal well at its giant Zama offshore oil discovery in Mexico, aimed to better define the resource potential of the discovery made in 2017. The Zama-2 and Zama-2 ST1 appraisal penetrations, both drilled in the first half of 2019, generated results... Continue Reading →
June 26, 2019 Yinson and Modec are expected to take the FPSOs from the first and second phases of the Marlim revitalization program, respectively. The formula for the calculation of the total value of the contracts (TVC) indicated that the Malaysian operator was ranked the best for lot A with a daily rate of US... Continue Reading →
The Government of Peru has approved Tullow Oil’s entry into country’s two offshore licenses, Z-38 and Z-64. Tullow and Karoon plan to drill an exploration well in license Z-38 in early 2020. Tullow Oil in January 2018 agreed terms to add six new licenses covering 28,000 sq km offshore Peru to its portfolio. Tullow agreed... Continue Reading →
Rio de Janeiro, June 25, 2019 - Petróleo Brasileiro S.A. - Petrobras, following up on the release dated June 13, 2019, informs that it will hold a new round of final offers for the sale of Enchova and Pampo clusters, a set of producing fields located in the Campos Basin. This new round aims to... Continue Reading →
June 25, 2019 Petrobras has disqualified the Bluewater / Saipem consortium to bid for an FPSO charter for Parque das Baleias, keeping Yinson as the only competitor. The result of the qualification process was disclosed by the oil company on the 21st of June, after more than three months of analysis of the proposals. The... Continue Reading →
Drilling campaign is the first of the oil company as operator in the pre-salt June 24, 2019 Total E & P started the drilling of injection and production wells in the Lapa field, pre-salt of the Santos Basin. Four to six new wells are planned, which will be interconnected to the FPSO Cidade de Caraguatatuba.... Continue Reading →
June 25, 2019 The technical area of the Administrative Council for Economic Defense (Cade) recommended the approval, without restrictions, of Petronas' entry into the Espadarte and Tartaruga Verde projects operated by Petrobras in the Campos Basin. The decision is part of an opinion signed by Alexandre Cordeiro Macedo, Superintendent General of Cade. Petrobras announced in... Continue Reading →
Brazil Energy Insight 