Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on July 29, 2020, informs the beginning of the binding phase regarding the sale of its entire stake in a set of seven onshore and shallow water concessions (Alagoas Cluster) located in the state of Alagoas. Potential buyers qualified for this phase will receive... Continue Reading →
Petrobras to resume exploratory campaign in deep water Potiguar Basin in 2023
Petrobras is studying resuming the exploration campaign in the deep waters of the Potiguar Basin in 2023, with the drilling of a new well to delimit the discovery of Pitu - one of the few assets that is not being sold by the company in the state of Rio Grande do Norte. - The discovery... Continue Reading →
Petrobras concludes the sale of Lagoa Parda Cluster
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 10/11/2019, informs that it has concluded today the sale of its entire stake in the onshore fields of the Lagoa Parda Cluster, located in the state of Espírito Santo, near the city of Linhares, to Imetame Energia Lagoa Parda Ltda., affiliate of Imetame... Continue Reading →
Petrobras starts non-binding phase of the North Capixaba Cluster
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on August 21, 2020, informs the beginning of the non-binding phase regarding the sale of all of its stakes in a set of five¹ onshore field concessions, with integrated facilities, jointly called the North Capixaba Cluster, located in the state of Espírito Santo. Potential... Continue Reading →
Petrobras starts non-binding phase at Potiguar Cluster
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on August 24, 2020, informs the beginning of the non-binding phase regarding the sale of all of its stakes in a set of twenty-six onshore and shallow water production field concessions, located in the Potiguar Basin, in the state of Rio Grande do Norte... Continue Reading →
SECOND CYCLE OF ANP’S PERMANENT OFFER IS SCHEDULED FOR DECEMBER 3
Sept 11, 2020 Only auction of oil and gas exploration and production areas of the year, the second cycle of the Permanent Offer already has a date scheduled. The Special Bidding Commission of the National Petroleum Agency (ANP) scheduled the bidding for December 3. The decision came after the commission approved a declaration of sectors... Continue Reading →
MME on Petrobras divestments in oil and natural gas exploration and production assets
Sept 10, 2020 Petrobras has been announcing to the market the sale of several oil and natural gas exploration and production assets, especially fields located on land or in shallow waters. The Ministry of Mines and Energy (MME) clarifies that the decision rests exclusively with the Company and is part of its strategy of portfolio... Continue Reading →
Rosneft gets more time in the Solimões Basin
Sept 8, 2020 The ANP board approved the postponement of the declaration of commerciality of the Discovery Assessment Plan (PAD) for wells 1-HRT-2-AM and 1-HRT-8-AM, located in blocks SOL-T-169, SOL-T -170 and SOL-T-192, in the Solimões Basin. With the decision, the company's deadline to declare commercialization of the two-well PAD has been extended to 2025.... Continue Reading →
Pre-salt Lula field is among the 10 largest oil producers in the world
Sept 3, 2020 The Lula field, in the pre-salt of the Santos basin, achieved a feat that is not yet properly recognized internationally: it is today the seventh field with the largest oil production in the world, surpassing emblematic assets in the onshore and offshore of countries like Russia, United States and Iraq. With a... Continue Reading →
Accumulated production in the Lula field exceeds 2 billion barrels of oil equivalent since Dec 2010
Sept 2, 2020 Note: The name of Lula field will be changed due to a court decision. In July, the Lula field, in the Santos Basin pre-salt, was the largest producer of oil and natural gas, registering 988 Mbbl / d of oil and 43.2 MMm3 / d of natural gas, totaling accumulated production (... Continue Reading →