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Shell takes final investment decision for the Appomattox deep-water development in Gulf of Mexico 01 Jul 2015 Royal Dutch Shell plc (Shell) today announces the final investment decision (FID) to advance the Appomattox deep-water development in the Gulf of Mexico. This decision authorises the construction and installation of Shell’s eighth and largest floating platform in... Continue Reading →
Two Chinese companies that entered Brazil’s giant deep-water oilfields two years ago are now looking to increase their presence as state-run Petrobras sells assets to pay down debt, said two people with knowledge of the matter. China Petroleum & Chemical Corp., or Sinopec, and Cnooc Ltd. are among companies interested in buying stakes in so-called... Continue Reading →
KNOT Offshore Partners LP Announces Completion of the Acquisition of Dan Sabia | Business Wire // KNOT Offshore Partners LP Announces Completion of the Acquisition of Dan Sabia June 15, 2015 04:15 PM Eastern Daylight Time ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (the "Partnership") (NYSE: KNOP) announced today that it has completed its acquisition of... Continue Reading →
BP Plc released its 2015 Statistical Review of World Energy on June 10. Used for decades as an industry benchmark, this year's edition laid bare the seismic shifts taking place in global energy markets. See the attached files. bp-statistical-review-of-world-energy-2015-full-report bp-statistical-review-of-world-energy-2015-workbook bp-statistical-review-of-world-energy-2015-spencer-dale-presentation
Brazil's oil regulating body, Agencia Nacional de Petroleo - ANP, is debating changes in the Local Content Law to be in place by the time the next oil license auction in October. Read More
Prumo and BG Brasil sign contract for oil transshipment at Açu Port 6/3/2015 Scheduled for August 2016, oil handling may reach up to 200.000 bbl/day Prumo Logística and BG Brasil signed today (June 3nd 2015) a contract for oil transshipment services at Açu Port, in São João da Barra (RJ). The agreement means BG... Continue Reading →
Petrobras - Petrobras discovers new oil accumulation at Poço Verde area, in Sergipe Basin 06/01/2015 Rio de Janeiro, June 1st, 2015 – Petróleo Brasileiro S.A. - Petrobras informs that well 3-SES-189 (Petrobras nomenclature), located at BM-SEAL-4 concession, discovers new oil accumulation in Sergipe Basin´s ultradeep waters. The well, informally known as Poço Verde 4, is... Continue Reading →
Petrobras supplier seeks to expand outside of Brazil. Odebrecht Oleo & Gas SA, the oil services arm of Latin America’s largest builder, is seeking to expand outside its home base of Brazil where the group is fighting a contract ban by its main client, Petrobras. Read More http://www.bloomberg.com/news/articles/2015-05-29/petrobras-rig-supplier-chasing-work-abroad-to-reduce-brazil-risk
Transocean Joins Halliburton in BP Deal Resolving Macondo Claims by David Wethe/Bloomberg 5:59 PM BRT May 20, 2015 Transocean Ltd., owner of the rig that sank in the 2010 Macondo disaster in the Gulf of Mexico, joined Halliburton Co. in settling all remaining issues with BP Plc, according to a person familiar with the deal.... Continue Reading →
Exxon Mobil Says Oil Discovery Off Guyana Is 'Significant' By THE ASSOCIATED PRESS MAY 20, 2015, 4:52 P.M. E.D.T.NYT GEORGETOWN, Guyana — Exxon Mobil Corp. confirmed Wednesday that it has made what it calls a "significant" oil discovery off Guyana in waters also claimed by Venezuela as part of a long-running border dispute between the South... Continue Reading →
Brazil Energy Insight 