SBM Offshore is pleased to announce it has been awarded contracts to perform Front End Engineering and Design (FEED) for a Floating Production, Storage and Offloading vessel (FPSO) for the Whiptail development project in Guyana. Following FEED and subject to government approvals in Guyana of the development plan, project sanction including final investment decision by... Continue Reading →
Brazilian FPSO now likely to be back online by November
(OET) Brazilian oil and gas player Enauta has changed the timeline for the restart of production from a floating, production, storage, and offloading (FPSO) vessel, which is working on a field off Brazil. This FPSO is now anticipated to come back online by November 2023. Originally, the production was expected to resume by early September... Continue Reading →
Petrobras announces discovery of oil at the Sagitario prospect in the Santos Basin
(PN) Petrobrss notified the National Petroleum Agency (ANP) this week about the discovery of signs of oil in well 3-BRSA-1388DA-SPS, in the Sagitario prospect, within block S-M-623, in the Santos Basin. The discovery took place in a water depth of 1,866 meters. This is the second extension well in the area, which began to be... Continue Reading →
Petrobras evaluates areas of the Pelotas Basin in ANP’s permanent offer
(epbr) The Pelotas Basin is one of the areas that Petrobras is evaluating in the permanent offer from the National Petroleum Agency (ANP). The basin is located in the south of the country, on the border with Uruguay, where discoveries were made in deep waters in the last decade. Petrobras does not yet have any... Continue Reading →
Petrobras to Invest Some $300M to Drill Two Potiguar Basin Wells – Exec
(Reuters) Brazilian state-run oil group Petrobras plans to invest around $300 million to drill two exploratory wells in the deep waters of the Potiguar Basin after environmental licenses were issued last week, a top executive said in an interview. The license granted by environment agency Ibama on Friday was the first since 2013 for Petrobras... Continue Reading →
Petrobras obtains environmental license to drill in Potiguar Basin on Brazil’s Equatorial Margin
Petróleo Brasileiro S.A. – Petrobras informs that it received, on Monday (10/02/2023), confirmation of the environmental license from Ibama to drill two exploratory wells in the maritime block BM-POT-17, in deep waters of the Potiguar Basin, on the Brazilian Equatorial Margin. The first well will be drilled 52 km off the coast. Drilling is scheduled... Continue Reading →
Petrobras on reserves of the Equatorial Margin
Petróleo Brasileiro S.A. – Petrobras, in relation to media reports on the existence of reserves of 5.6 billion barrels of oil in blocks of the equatorial margin in the Amazon region of Amapá, clarifies that the company does not inform or make public the volumetric potential in exploratory areas. As disclosed on 05/18/2023, Petrobras is... Continue Reading →
Petrobras Estimates 5.6 Bln Barrels of Oil in Equatorial Margin Block -minister
(Reuters) Studies by Brazilian state-run oil company Petrobras show that a single oil block of Amapa's equatorial margin could total more than 5.6 billion barrels of oil, the country's mines and energy minister said on Friday. Alexandre Silveira's remarks come as the oil giant bids to drill a well at the mouth of the Amazon... Continue Reading →
IBAMA grants Petrobras license to drill in the Potiguar Basin on the Equatorial Margin
(AB) The Ministry of Mines and Energy (MME) reported that the Brazilian Institute of the Environment and Renewable Natural Resources (Ibama) granted an environmental license for Petrobras to drill wells in the Potiguar Basin segment, off the coast of Rio Grande do Norte, on the Equatorial Margin. The license would refer to the research activity... Continue Reading →
ANP approves geoeconomic studies of three blocks in the Pre-Salt for possible inclusion in future rounds
The ANP Board approved the geological and economic studies of three exploratory blocks, located in the Santos Basin Pre-Salt, for possible inclusion in future rounds of bidding for areas for exploration and production of oil and natural gas . With approval by the ANP, the Amazonita, Safira Leste and Safira Oeste blocks will now be... Continue Reading →
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