Brought to you by Quest Offshore & Southern Cone Consultants
June 19, 2019 Enauta (formerly Queiroz Galvão E & P) received the approval of the ANP for compulsory assignment of Dommo's (former OGX) participation in the Atlanta field (BS-4). The decision was taken by the agency's board on Wednesday (19). The decision is one of the steps to formalize the shares of Dommo Energia for... Continue Reading →
June 19, 2019 Operators assess how to raise mature field productivity. 42% of platforms in Brazil are over 25 years old The average recovery factor of the oil production fields in Brazil is 21%. In the Campos Basin, this percentage is even lower: 14%. The world average is 35%, which represents a gap of the... Continue Reading →
June 19, 2019 Petrobras closed the year 2018 with a negative record in terms of its nominal investment volume. The company said it had disbursed $ 13.4 billion in the period. This is the lowest volume since 2006, when the state-owned company invested about $ 15.4 billion. The market, of course, felt the impact. Petrobras... Continue Reading →
June 17, 2019 The development of Equinor's natural gas exploration and production projects in Brazil should focus on supplying the internal energy market. The evaluation is by Thiago Penna, Manager of Strategy and New Business, who participated in the third edition of the O & G Regulation International Benchmark Forum, organized by IBP and OGE... Continue Reading →
June 17, 2019 Petrobras has made its biggest discovery in the Sergipe since the pre-salt in 2006. Of six fields, it expects to extract 20 million cubic meters a day of natural gas, equivalent to a third of the total Brazilian production. Reported last month, the finding is expected to generate $ 7 billion in... Continue Reading →
June 17, 2019 Petróleo Brasileiro SA - Petrobras, regarding the news published in the media, related the discovery of natural gas in the Sergipe Basin, clarifies that, in recent years, six deepwater discoveries have been confirmed in the Sergipe Basin: Cumbe, Barra, Farfan, Muriú, Moita Bonita and Poço Verde, as already disclosed to the market.... Continue Reading →
June 14, 2019 With the resumption of exploratory block auctions and the acceleration of Petrobras divestments, new concessionaires are appearing in the Brazilian market. The most recent examples are those of BW Energy, which acquired the Maromba field, and Perenco and Seacrest, which have agreed to purchase Pampo and Enchova in partnership with Ouro Preto... Continue Reading →
June 14, 2019 At least four foreign oil companies are closely monitoring the Transfer of Rights oil surplus auction. The multinationals BP, Shell, Total and Petrogal have officially expressed some concerns about how the financial compensation will be paid to Petrobras and recently sent to the Ministry of Mines and Energy (MME) some contributions to... Continue Reading →
June 14, 2019 Petrobras will convene Modec and Yinson next week to begin direct negotiation of the daily rates offered in the bidding for the FPSOs charter of the Marlim revitalization project in the Campos Basin. Modec presented the lowest prices for the two systems, with values between US $ 570,000 / day and US... Continue Reading →
Brazilian subsidiary of Norwegian offshore vessel provider DOF has received an extension for one of its anchor handling tug and supply (AHTS) vessels working in Brazil. DOF said on Friday that its subsidiary – Norskan – had won a one-year extension for the Skandi Botafogo vessel from Brazilian oil major Petrobras. According to the company,... Continue Reading →
