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(Reuters) Brazilian oil giant Petrobras is set to reopen a closed oil well in its large offshore Roncador field in a bid to quickly obtain natural gas, the company's chief said on Thursday. The well, located off the Brazilian coast northeast of Rio de Janeiro, could start producing as early as next year and would... Continue Reading →
September 27, 2024 - PRIO S.A. hereby informs its shareholders and the market in general that it has signed today a Sale and Purchase Agreement with SPEP Energy Hong Kong Limited and Sinochem International Oil (Hong Kong) Company Limited (“Sinochem”) for the acquisition of Sinochem Petroleum Netherlands Coöperatief U.A., which indirectly holds a 40% interest in... Continue Reading →
BRAVA ENERGIA S.A. (“BRAVA”) pursuant to CVM Resolution No. 44, hereby, and following the material fact issued on March 21st, 2024 hereby informs its investors and the market in general that after fulfillment of all the precedent conditions, and authorization from the National Agency of Petroleum, Natural Gas and Biofuels (“ANP”), the closing of the... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras informs that it has signed today with Staatsolie Maatschappij Suriname N.V. a non-binding memorandum of understanding (“MoU”) aimed at assessing cooperation opportunities in the areas of hydrocarbon exploration and production, carbon capture, new energy sources, contingency response planning, among others. Cooperation with Staatsolie could also result in better sustainable oil... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras informs that today it signed a memorandum of understanding (MoU) with YPF of Argentina to analyze the joint development of business in the E&P segment. The agreement is non-binding and will be in force for three years. The document also provides for technological cooperation between the companies in the Exploration... Continue Reading →
(Reuters) - Brazilian oil company Prio is in talks with China's oil and chemicals firm Sinochem (SASADA.UL) for the potential purchase of a stake in the Peregrino oil field, it said in a securities filing on Wednesday. No binding agreement has been reached so far, Prio added, after newspaper Folha de S.Paulo reported earlier in the... Continue Reading →
(OE) Maersk Supply Service has awarded Scottish flex-lay specialist Maritime Developments (MDL) a solution-development scope in the Mero block in the Santos Basin, offshore Brazil. The scope entails the development of an integrated spread of equipment and expert personnel to support installation of a dynamic riser assembly, which will enable connection to a grid of... Continue Reading →
(offshore-energy.biz) Italy’s cable systems giant Prysmian has provided a solution to a tie-back project in the pre-salt layer off the coast of Brazil, which it describes as a groundbreaking system envisioned to connect fields 30 kilometers (km) away to a floating production, storage, and offloading (FPSO) unit, enabling fast-tracked development of an oil project with... Continue Reading →
TotalEnergies has started the production from the Fenix gas field, off the coast of Tierra del Fuego in Southern Argentina. The Fenix field, located 60 km offshore, is part of the Cuenca Marina Austral 1 (CMA-1) concession, in which TotalEnergies holds a 37.5% operated interest, alongside its partners Harbour Energy (37.5%) and Pan American Energy... Continue Reading →
(OE) Thailand’s state-owned oil and gas company PTT Exploration and Production (PTTEP) has divested its entire interest in Mexico Block 29, located in deep waters of the Salina Basin offshore Mexico, to the operator Repsol, which has increased its working interest in the block to 46.67%. On September 17, 2024, PTTEP Mexico E&P Limited, a... Continue Reading →
