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Exclusive article from TN Magazine The oil industry's activity resembles a moving bicycle. Without new impulses, the activity remains for a while, but tends to gradually decline and eventually cease. In the oil sector, these impulses can be given in two ways: with the exploration of new areas; or with investments in existing fields to... Continue Reading →
Brazilian oil and gas player Enauta has found oil in a new reservoir section at a well located on a field development offshore Brazil. Enauta disclosed on Tuesday, 23 May 2023, that it had confirmed oil in a new reservoir section, named Atlanta NE accumulation, located within the Atlanta field area, which is currently under development. The... Continue Reading →
The FPSO Guanabara (Mero 1) completed one year of operation on April 30th. This FPSO is the first of a series of four definitive platforms scheduled for the unitized Mero field, in the Libra block (Strategic Plan 2023-2027).In that first year, several milestones were achieved: the TOP of the unit in January/2023, the production record... Continue Reading →
(epbr) Despite Ibama's veto of the environmental license for drilling a Petrobras well in deep waters in the Foz do Amazonas Basin this week, activities in the region are not unprecedented. According to public data from the National Petroleum Agency (ANP), Foz has already had 95 drillings — all have occurred in shallow waters. Practically... Continue Reading →
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”) (B3: RRRP3), in compliance with the provisions of CVM Resolution No. 44, informs its investors and the market in general that it became aware today that the operational license referring to the fields of Ubarana, Ubarana Oeste and Cioba, in the Potiguar basin, part of the... Continue Reading →
Norwegian offshore engineering and construction firm Aker Solutions said Friday it had won a sizeable contract from ExxonMobil to provide dynamic and static subsea umbilical for the Uaru project in Guyana. Aker Solutions defines a sizeable contract as between NOK 0.5 billion (currently around $45,9 million) and NOK 1.5 billion (currently around $137,7 million). The... Continue Reading →
The Brazilian environmental protection agency Ibama said on Wednesday it had rejected a request from state-run oil company Petrobras (PETR4.SA) to drill an exploratory well, Morpho, 175 km from the coast and depth of 2,880 mts at the Foz do Amazonas Basin The much-awaited decision follows a technical recommendation by the agency's experts to reject the proposal.... Continue Reading →
(OM) Hookup operations have finished on the converted Pargo floating storage and offloading vessel (FSO) on the Pargo cluster in the Campos Basin offshore Brazil. Operator Perenco Brazil now plans to submit final documents to the country’s regulatory authorities to obtain an operations license for the FSO. The program included connection of nine mooring lines and the... Continue Reading →
(OET) Australia’s oil and gas company Karoon Energy has restarted production from assets connected to a floating, production, storage, and offloading (FPSO) vessel offshore Brazil, following maintenance work. Karoon shut-in Baúna production, including from the Patola field, on 28 March due to a loss of containment incident associated with the high-pressure flare on the FPSO Cidade de Itajaí. After the FPSO operator,... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has identified the presence of hydrocarbons in the Santos Basin pre-salt, in an appraisal well in the Aram block. Well 3-BRSA-1387D-SPS is located 260 km from the city of Santos-SP, at a water depth of 1,979 meters. The well is in progress and the oil-bearing interval was... Continue Reading →
Brazil Energy Insight 