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(Reuters) Brazil's lower house of Congress on Wednesday approved an executive order allowing the government to auction its share of oil in uncontracted offshore pre-salt areas, a move that could help boost revenue as it struggles to balance its budget. The government had submitted a separate bill on the matter, but its content was incorporated... Continue Reading →
(PN) Petrobras began drilling well 3-BRSA-1400-SPS, in a water depth of 1,835 meters, using the West Auriga drillship. This is the sixth well drilled by the state-owned company in the block. The previous well, named 3-BRSA-1399-SPS, was drilled at the end of May, in a water depth of 1,866 meters. Aram was acquired in March... Continue Reading →
The company was contracted by Allseas to supply 120 km of mechanically lined pipes (MLP) with anti-corrosive alloys for the Buzios field, operated by Petrobras in the Santos Basin pre-salt layer. According to Cladtek, this is the largest project in the history of the Brazilian oil company in terms of MLP manufacturing scope. The MLP... Continue Reading →
(offshore-energy.biz) OneSubsea has delivered the 21st and final subsea tree for Petrobras’ Búzios project in Brazil, said to be the largest deepwater oil and gas field in the world, concluding a four-year journey for the project. OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, announced today, June 23, the completion of the... Continue Reading →
Wilson Sons, recognized for its extensive experience of more than 187 years, has signed a new agreement with TotalEnergies EP Brasil to provide logistics support to oil production activities in the Lapa Field, in the pre-salt layer of the Santos Basin, through one of its Offshore Support Bases — the Rio Base — located in... Continue Reading →
(OE) Australian oil and gas company Karoon Energy has secured interest in six blocks in the Santos Basin, offshore Brazil, in the ANP fifth Permanent Offer Bid Round for Concession Contracts. Two of the blocks, S-M-974 and S-M-1038, are located approximately 17 kilometers from the Neon field, and contain the Piracucá discovery. In addition, Karoon... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras reports that it has acquired ten blocks in the Foz do Amazonas Basin and three blocks in the Pelotas Basin in the 5th Permanent Concession Offer Cycle of the National Agency of Petroleum, Natural Gas and Biofuels (ANP). In the Foz do Amazonas Basin, Petrobras acquired blocks FZA-M-1040, FZA-M-1042, FZA-M-188,... Continue Reading →
(OE) Portugal's Galp has been awarded three offshore blocks as part of Brazil’s fifth Open Permanent Concession bid round. Galp acquired offshore early-stage exploration blocks P-M-1670/1672/1741 in the Pelotas basin, in the southern region of the country. The awarded consortium is composed by Petrobras, as operator with 70%, and Galp with a 30% interest. The... Continue Reading →
(Reuters) - Suriname's state energy company Staatsolie and an affiliate of Malaysia's oil firm Petronas on Tuesday signed a production-sharing contract for exploring and developing an offshore oil and gas block, Staatsolie said in a release. Suriname is on track to inaugurate offshore crude and natural gas output soon after foreign companies including TotalEnergies, APA and Petronas have... Continue Reading →
Reuters) - Exxon Mobil and Chevron on Tuesday took their first steps toward exploring for oil in Brazil's Foz do Amazonas basin, scooping up offshore blocks auctioned by the country in the promising but environmentally sensitive area. The bids came as state-run Petrobras touted signs of breaking a stalemate on licensing in the offshore region near the mouth... Continue Reading →
Brazil Energy Insight 