Fri Dec 4, 2015 /Reuters Petrorio SA * Brazil's Petrorio says the national oil regulator ANP approved the exit of Maersk from Polvo field * Petrorio to take over Maersk's 40 percent stake and hold 100 percent of asset Further company coverage: (Reporting by Reese Ewing. Editing by Jane Merriman)
Shell expects Brazil offshore unitization accord by early 2016
Royal Dutch Shell Plc expects to sign an agreement to join up, or unitize, its Parque das Conchas offshore fields Brazil's Campos Basin with an area owned by Brazil's government by early next year, the local-unit president said on Wednesday. Part of the oil and gas resources in Parque das Conchas extend into an un-leased... Continue Reading →
Brazil oil explorer QGEP says test of Carcara area promising
Brazil oil explorer QGEP says test of Carcara area promising SAO PAULO/Reuters Nov 24 Formation tests run in the Carcara offshore area by Brazilian oil explorer Queiroz Galvao Exploracao e Producao SA have showed results as promising as the best subsalt discoveries so far, the chief executive of the company said on Tuesday. A more... Continue Reading →
Petrobras – New well confirms oil discovery in Pitu area, in deep waters of the Potiguar Basin
11/17/2015 Rio de Janeiro, November 17, 2015 – Petróleo Brasileiro S.A. – Petrobras informs that the drilling of an extension well proved the occurrence of oil in the Pitu area. The discovery of this accumulation, the first in Potiguar Basin deep waters, was first announced to the market on December 17, 2013. The 3-BRSA-1317-RNS well,... Continue Reading →
Petrobras – Commercial Viability of the Sépia Leste area, in the pre-salt layer of the Santos Basin
11/12/2015 Rio de Janeiro, November 12, 2015 – Petróleo Brasileiro S.A. – Petrobras announces that filed today with the National Oil, Natural Gas and Biofuels Agency (ANP) the Declaration of Commercial of the oil accumulation in northwest of the Júpiter Discovery Evaluation Plan (PAD) – Block BM-S-24 – in the pre-salt layer of the Santos... Continue Reading →
Petrobras – Update on Oil Workers’ Strike – 11/09
Update on Oil Workers’ Strike - 11/09 11/09/2015 Rio de Janeiro, November 9, 2015 – Petróleo Brasileiro S.A. – Petrobras informs that the strike coordinated by the oil workers’ unions still continues and the impact in the oil output in Brazil remains around 115,000 barrels a day. Petrobras is making all efforts to pursue the... Continue Reading →
Petrobras – Clarification of News Item: Restructuring of Sete Brasil
11/06/2015 Rio de Janeiro, November 6, 2015 – Petróleo Brasileiro S.A. – Petrobras hereby responds to Official Letter 445/2015/CVM/SEP/GEA-1 requesting clarifications, as transcribed below: Official Letter 445/2015/CVM/SEP/GEA-1 “We refer to the news item published today, November 4, 2015, in Lauro Jardim’s Blog, entitled A novela da Sete (The Sete soap opera), which contains the following... Continue Reading →
Norway Oil-Rig Tender Reveals ‘Desperate’ Drillers in Price Rout
An unusually high number of rigs are competing for a Det Norske Oljeselskap ASA drilling contract on the Alvheim oil field in the North Sea, an illustration of how companies are desperate for business as producers slash spending amid a crude-price slump. “I’ve tendered for rigs on the Norwegian continental shelf many times, and I’ve... Continue Reading →
Petrobras – Oil Workers’ Strike
Petrobras - Oil Workers’ Strike 11/03/2015 Rio de Janeiro, November 3, 2015 – Petróleo Brasileiro S.A. – Petrobras hereby announces that the strike coordinated by the oil workers’ unions is affecting its operations. Yesterday, November 2, 2015, oil production fell by 273,000 barrels, equivalent to 13% of daily output in Brazil. There was also a... Continue Reading →
Petrobras Output Cut by Oil Workers Striking Against Austerity
Brazil’s daily oil production has fallen by about 500,000 barrels as oil workers strike for the third day to protest austerity measures by state-controlled Petroleo Brasileiro SA that are resulting in job losses, the country’s main oil union said Tuesday. Output from the Campos Basin is down about 400,000 barrels a day with 25 offshore... Continue Reading →
