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(PN) The National Petroleum Agency (ANP) authorized the sale of Polo Carmopolis, a Petrobras asset located in the Sergipe-Alagoas Basin, to Carmo Energy (a company of the Spanish group Cobra). According to the ANP decision, Carmo Energy must present a financial guarantee or a term guaranteeing the decommissioning of the fields involved. The agency also... Continue Reading →
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”), following best practices in Corporate Governance, informs its investors and the market in general the preliminary unaudited production data for November 2022 in the assets that the Company holds participation. (1) Refers to the 35% Interest held by 3R in Pescada Cluster concessions. (2) Approximately... Continue Reading →
(Reuters) - Spanish oil company Repsol (REP.MC) said on Friday it was buying renewable energy firm Asterion Energies, which has assets in Spain, Italy and France, for 560 million euros ($596 million) plus contingent payments of up to 20 million euros. Three sources with knowledge of the matter had told Reuters in October that both Repsol and French utility... Continue Reading →
Offshore drilling rig owner Aquadrill said Thursday it had extended a charter-hire deal with drilling firm Diamond Offshore for its Vela drillship. The Vela drillship will be provided to an end client in the U.S. Gulf of Mexico for a 150-day drilling contract as part of the extension. The contract is worth around $60 million.... Continue Reading →
Brazilian state-run oil company Petroleo Brasileiro SA is struggling to get a license that it needs to drill the ultra-deep waters of the Foz do Rio Amazonas Basin this year as planned, a source close to the matter told Reuters on Thursday. Petrobras has been spending millions of dollars a day to mobilize personnel and... Continue Reading →
Mainstream Renewable Power, BP and Statkraft have signed a memorandum of understanding (MoU) with Windport in Mandal, Norway, to "position the port at the forefront of offshore wind development." Mainstream, BP, and Statkraft are partnering to pursue a bid to develop fixed-bottom offshore wind power at the Sørlige Nordsjø II (SN2) license area. Besides... Continue Reading →
(TN) Brazilian oilfield services player Ocyan has secured a trio of contracts with Petrobras. The drilling services company participated in the oil company's bid to charter deepwater drilling units. Of the 12 units in dispute, in the three proposed lots, Ocyan won in lot 2 with two assets (ODNI I and ODN II) and in... Continue Reading →
The Brazilian oil and gas company Enauta said Tuesday that classification society DNV had issued the recertification for the Petrojarl I FPSO, enabling a contract extension for the production unit. The Petrojarl I FPSO is an early production system used for production at Enauta's Atlanta field. Enauta is working to deploy a larger FPSO -... Continue Reading →
Tullow Oil has signed a production sharing contract (PSC) for Ivory Coast's offshore exploration license CI-803. Tullow will operate the license with 90% equity, with the remaining 10% held by PetroCi. The CI-803 offshore block covers an area of 1,345 square kilometers and is adjacent to license CI-524, also held by Tullow (90%, operator) and... Continue Reading →
(OET) UK-headquartered and AIM-listed company Afentra plc has made progress on completing deals with Angola’s state-owned oil and gas company Sonangol and Croatia’s INA-Industrija Nafte, which will allow it to acquire interests in blocks offshore Angola. Back in April 2022, Afentra announced that its wholly-owned subsidiary, Afentra (Angola), had signed a Sale and Purchase Agreement (SPA) with Sonangol to acquire a 20... Continue Reading →
Brazil Energy Insight 