25.10.2017 - 23:51:54 Petrobras eyes second Libra charter Petrobras eyes second Libra charter. Brazilian state player to launch tender early next year for Libra 2 floater
Offshore Technology Conference Brazil: Petrobras focus on its strengths | Pedro Parente | Rio de Janeiro
See attached OTC Brasil 2017 presentation by Petrobras CEO, Pedro Parente. OTC Brasil 2017 - Pedro Parente
Brazil auction tests oil major appetite for deepwater fields
Top global oil companies will compete on Friday in Brazil’s billion-dollar auction for some of the world’s most prolific deepwater oilfields, a test of their appetite for capital intensive offshore projects after three years of low oil prices. Competition between firms such as Exxon Mobil, Royal Dutch Shell and Total> is expected to be fierce... Continue Reading →
Shell says can pump oil from Brazil’s pre-salt fields below $40/bbl
Royal Dutch Shell will participate in Brazil’s deepwater oilfield auction on Friday and is confident it can pump oil from the fields on offer for less than $40 a barrel, a top Shell executive said. Read more
Petrobras – Contracting of FPSO for Sepia field
Rio de Janeiro, October 19, 2017 - Petróleo Brasileiro S.A. – Petrobras informs that on October 13, 2017 it signed a contract with Modec Group to charter a FPSO platform (a unit that produces, stores and transfers oil and gas) to be used in the Sepia field development project, derived from the Transfer of Rights... Continue Reading →
ANP may reopen bid deadline for blocks that do not receive bids
Thursday, October 19, 2017, 08:51 The ANP may reopen the deadline for the submission of bids for the blocks of the 2nd and 3rd Pre-Salt Production Sharing Rounds that have not received bids during the bidding rounds. The new deadline will be given after the completion of each round.
FairfieldNodal sets sail for deeper waters to acquire data for Libra consortium
SUGAR LAND, Texas -- FairfieldNodal’s project to acquire and process high-resolution 3D marine seismic for the Libra consortium has left port for deeper waters to begin work. This consortium is led by Petrobras, and includes Total SA, Royal Dutch Shell Plc, China National Petroleum Corp and CNOOC. The Libra project, FairfieldNodal’s first such project offshore... Continue Reading →
Petrobras – Oil and natural gas production in September
Rio de Janeiro, October 18, 2017 – Petróleo Brasileiro S.A. – Petrobras reports that its total oil and natural gas production in September was 2.79 million barrels of oil equivalent per day (boed), with 2.68 million boed produced in Brazil and 106 thousand boed produced abroad. The average oil production in the country was 2.17... Continue Reading →
Oil’s Biggest Rigs Head to the Junkyard
Transocean Ltd. is finally sending Pathfinder to its grave, after two years in a Caribbean purgatory that cost about $15,000 a day. The move by the world’s biggest offshore-rig operator signals just how bleak the future looks for deepwater drilling. Pathfinder is the most famous of six floating rigs the company is scrapping in burials that... Continue Reading →
US oil major Chevron expected to participate in the auction of block ‘Norte de Carcará’
US oil major Chevron is expected to participate in the auction of the block "Norte de Carcará", the biggest jewel of the ANP auction, on the 27th of October. The oil reserves are estimated at 2 billion barrels and has a signing bonus of R$ 3 billion or approx. U$1 billion.
Brazil Energy Insight 