Monday, 31 July 2017 In June 2017 oil production in the pre-salt totaled 1,352,957 barrels of oil per day, surpassing that of the post-salt, which totaled 1,321,813 bbl / d. Overall, oil production in Brazil was 2.675 million barrels per day (bbl / d), a growth of 0.8% in comparison with the previous month and... Continue Reading →
Petrobras – Divestment Opportunity Disclosure – Teasers
Rio de Janeiro, July 28, 2017 - Petróleo Brasileiro S.A. – Petrobras reports that it has started the divestment opportunity disclosure phase (Teasers) for the full sale of its exploration, development and production rights in seven sets of shallow-water fields (total of 30 concessions) located in the States of Ceará, Rio Grande do Norte, Sergipe,... Continue Reading →
Chevron and ExxonMobil suggest changes in pre-salt round bidding
US-based Chevron and ExxonMobil are among the oil companies monitoring business opportunities in the second and third rounds of pre-salt sharing scheduled for October 27. The two companies were the only multinationals in the industry to submit individual proposals for changes to the bidding document and contract model of bidding processes during the public... Continue Reading →
Barra Energia weighs investment capacity to decide if they will participate in a pre-salt auction
07/26/2017 Independent Barra Energia is studying to participate in the auction of the area adjacent to Carcará's promising discovery in the Santos Basin pre-salt this year, but still assesses if it will have the resources to make the investment, said the company's CEO, Renato Bertani. The portion of the Carcará deposit that is outside... Continue Reading →
CGG extends Saturno survey offshore Brazil
French geophysical services company CGG has completed an extension of its Santos VII broadband 3D multi-client survey offshore Brazil. CGG said on Wednesday that the 1,867 square kilometer extension to the original footprint gives the company a total of almost 16,000 square kilometers of newly acquired and imaged pre-salt coverage. Read more
OGX NEGOTIATES WITH PARTNERS TO MINIMIZE DELAY IN THE PRODUCTION OF THE OLIVIA AND ATLANTA FIELDS.
July 24, 2017 OGX Petróleo e Gás, which is under judicial reorganization, has published a relevant fact to inform the market the latest information about the Consortium for the exploitation of Campo de Oliva. The company reported that the parties involved decided to renegotiate certain existing terms, conditions and warranties relating to the FPSO charter... Continue Reading →
QGEP concludes agreement with Teekay Offshore for delivery of the Atlanta Field FPSO
QGEP Participações SA announced today that it has signed a contractual amendment with Teekay Offshore Partners regarding the chartering of the Floating Production Storage and Offloading FPSO “ Petrojarl I “ for the development of the Atlanta Field . The additive considers the technical issues involved in adapting the FPSO, as well as the consequent... Continue Reading →
ANP – 14th Round final Tender Protocol and model of Concession Contract
The Final Tender Protocol brings the rules and procedures of the 14th Bidding Round sets forth rights and obligations of the future concessionaires. The final tender protocol and the model of concession contract furnish improvements in relation to the draft tender protocol and to the draft of concession contract, published on May, 18 2017.... Continue Reading →
Brazil publishes contract model for 14th round oil-rights auction
JULY 19, 2017 / 6:47 PM RIO DE JANEIRO (Reuters) - Brazil's oil watchdog ANP on Wednesday published the model contract for its 14th round auction of oil and natural gas exploration rights, scheduled for Sept. 27. On offer are 287 blocks in the offshore basins of Sergipe-Alagoas, Espírito Santo, Campos, Santos, Pelotas, and onshore... Continue Reading →
Brazil approves long-term tests at Petrobras Libra platform
JULY 18, 2017 / 6:30 PM SAO PAULO (Reuters) - Brazil's environmental agency Ibama has issued an operating license for long-term tests at the Pioneiro de Libra floating platform operated by Petroleo Brasileiro SA , according to a statement on the agency's website on Tuesday. The license was issued on condition that the operators of... Continue Reading →