With the main items on the agenda of the oil sector - including the end of Petrobras' obligation as a pre-salt operator, the flexibilization of local content requirements and government signaling of the extension of the special customs regime Repetro - Companies in the sector now fall on environmental licensing. In the opinion of experts,... Continue Reading →
Karoon enters deal with DEA for work in Brazil
07/31/2017 By Rick Wilkinson OGJ Correspondent Melbourne-based Karoon Gas Australia Ltd. has entered into agreements with German company DEA Deutsche Erdoel AG to review and evaluate and, if appropriate, jointly bid for oil and gas assets in selected areas offshore Brazil. As part of the arrangements, an exclusive option has been granted to DEA for the acquisition of a... Continue Reading →
PROBLEMS ON THE CHRISTMAS TREE FORCES OGX TO CLOSE TUBARAO MARTELO’S WELL UNTIL A SOLUTION IS FOUND
A pressure drop on the wet Christmas tree detected by OGX at 7-TBMT-8HP, which operates at the Tubarao Martelo well, halted production. The submerged centrifugal pump was shut down and the well closed, in order to avoid possible damages. After waiting for an increase in the pressure, which would facilitate the process of resumption of... Continue Reading →
Oil production in the pre-salt exceeds for the first time the post-salt
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 →
