Thursday, 09 November 2017 17:12 The National Energy Policy Council (CNPE) approved on Thursday, in an extraordinary meeting, the holding of the 15th Round of Bids for Exploratory Blocks, under the concession regime, on March 29, 2018, and the 4th Round of Bids, under the production sharing regime, on June 7, 2018. In the 15th... Continue Reading →
Brazil: Statoil hires two platform suppliers for Carcara work
Statoil Brasil Óleo e Gás Ltda., Statoil’s Brazilian subsidiary, has awarded contracts to a pair of Solstad Farstad’s platform supply vessels for operations off Brazil. Statoil said on Wednesday that it awarded Solstad Farstad with deals for the 2012-built Far Scotsman and the eight-year-old Far Serenade. The six-month firm deals for the two vessels will... Continue Reading →
Brazil’s Petrobras says court lifted injunction blocking stake sales to Total
NOVEMBER 7, 2017 / 9:45 AM / Reuters Staff SAO PAULO (Reuters) - Brazil’s state-run oil company Petroleo Brasileiro SA (PETR4.SA) said a federal court lifted an injunction related to the sale of its stakes in projects on the Iara and Lapa oil exploration areas, according to a statement on Tuesday. The injunction was blocking... Continue Reading →
Sale of 100% equity interest in Petrobras Oil & Gas B.V.: Opportunity Disclosure – Teaser
Rio de Janeiro, November 7, 2017 – Petróleo Brasileiro S.A. – Petrobras informs that it has initiated the opportunity disclosure stage (“Teaser”) related to the sale of 100% equity interest in Petrobras Oil & Gas B.V. (“POGBV”), a joint venture formed by Petrobras (50%), BTG Pactual E&P B.V. (40%) and Helios Investment Partners (10%). Petrobras... Continue Reading →
Reuters: Petrobras asks Odebrecht to stop drillship operation after fatal accident
Brazilian oil company Petrobras has reportedly asked offshore drilling contractor Odebrecht to stop operations of the Norbe VIII drillship, on which three workers died in June after an explosion. According to a Reuters report on Tuesday, Petrobras carried out an investigation into the causes of the accident that happened on the Marlim field in June.... Continue Reading →
Petrobras Revision of the Transfer of Rights Agreement – Surplus Volumes
Rio de Janeiro, November 6, 2017 - Petróleo Brasileiro S.A. – Petrobras clarifies, regarding the volumes in surplus to the contracted volumes in areas under the Transfer of Rights Agreement, that: 1. The Transfer of Rights Agreement, through which Petrobras acquired the right to produce up to 5 billion barrels in pre-salt areas, was signed... Continue Reading →
Two firms team up to help turn aging rigs into reefs
Oil and gas engineering and consulting company Xodus has teamed up with stabilisation and artificial reef specialist Subcon International to help operators who decide to turn their retiring offshore assets to reefs. The partnership has come up with what it calls the Integrated Rigs to ReefsTM (IR2RTM). Read more
PETROBRAS CONCLUDES WELL IN THE LIBRA FIELD
Petrobrás completed the 3BRSA1350RJS well in the Libra field in the pre-salt Santos Basin. The drilling activity was performed on a water depth of 2,098 meters, using the West Carina drill ship. In September, the oil company had already notified the National Petroleum Agency (ANP) about the discovery of hydrocarbon traces in the well.... Continue Reading →
ExxonMobil to Acquire Interest in Block Containing Brazil’s Carcara Oil Field from Statoil
October 27, 2017 12:26 PM Eastern Daylight Time IRVING, Texas--(BUSINESS WIRE)--ExxonMobil announced today that it has completed an agreement to purchase half of Statoil’s interest in the BM-S-8 block offshore Brazil, which contains part of the pre-salt Carcara oil field. The Carcara field contains an estimated recoverable resource of 2 billion barrels of high-quality oil.... Continue Reading →
Petrobras Result of the Second and Third Bidding Rounds – Production Sharing Regime
Rio de Janeiro, October 27, 2017 - Petróleo Brasileiro S.A. – Petrobras, further to the Material Fact disclosed on May 25, 2017, reports that it has acquired, in partnership with other companies, three offshore blocks in the 2nd and 3rd bidding rounds under the production sharing regime, held today by the National Agency of Petroleum,... Continue Reading →
Brazil Energy Insight 