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Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 09/29/2021, informs that the partner CNODC Brasil Petróleo e Gás Ltda. (CNODC) has not expressed interest in exercising the option to purchase an additional share of 5% in the Production Sharing Contract of the Transfer of Rights Surplus, for the Búzios field, in... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has started the opportunity disclosure stage (teaser), regarding the sale of the entire 20% stake held by its subsidiary Petrobras America Inc. (PAI) in the company MP Gulf of Mexico, LLC. (MPGoM), located in Texas, USA, which owns offshore fields in the Gulf of Mexico. The teaser,... Continue Reading →
Ivory Coast President Alassane Ouattara and Eni CEO Claudio Descalzi met Friday to discuss the progress of Eni's activities in the country, following the giant offshore oil discovery of Baleine 1-X. As previously reported, Eni in September announced the major oil discovery in block CI-101, in what was the company's first exploration well drilled in the... Continue Reading →
The ANP will carry out on October 7th, from 9 am, the 17th Round of Bidding Blocks for exploration and production of oil and natural gas. 92 blocks will be offered, located in 11 sectors with high potential and new frontiers in four Brazilian offshore sedimentary basins: Campos, Pelotas, Potiguar and Santos. Due to the... Continue Reading →
(PetroleoHoje) Petrobras chartered the PLSV Sapura Topázio, from Seabras Sapura, for a period of 1,275 days (about three and a half years) on a day rate basis, with a minimum execution period of 1,095 days. The contract is expected to start on June 30, 2022, and is expected to end on June 29, 2025. The... Continue Reading →
(Reuters) - BP (BP.L) and Eni (ENI.MI) are seeking to raise up to $2 billion for their emerging oil and gas joint venture in Angola as both firms attempt to reduce their own debt to help build up renewables businesses, banking and industry sources said. BP and Eni announced in May that they had entered into talks to merge... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, in relation to news published in the media about the project to divest the Albacora and Albacora Leste fields, in the Campos Basin, clarifies that it has received binding offers from the consortia PetroRio/Cobra and EIG Global Energies Partners/Enauta/3R Petroleum for the acquisition of the fields. Such offers could exceed... Continue Reading →
The National Agency of Petroleum, Natural Gas and Biofuels - ANP published today, September 29, 2021, ANP Resolution No. 854, of September 27, 2021, which regulates the procedures for the presentation of financial guarantees and term to ensure the resources for the decommissioning of production facilities in oil and natural gas fields.The presentation of financial... Continue Reading →
(ANP) In August, the Búzios, Atapu and Sul de Tupi fields, all producing under the transfer of rights regime in the Santos Basin pre-salt, were among the largest national producers. Búzios, with 669.3 thousand boe/d (barrels of oil equivalent per day) was in second place, behind only the Tupi field, which produced 1.2 million boe/d.... Continue Reading →
TotalEnergies' Keskesi South-1 appraisal well in the Block 58 offshore Suriname has encountered non-commercial quantities of hydrocarbons and the well has been plugged and abandoned. The news was shared on Wednesday by APA Corporation, TotalEnergies' 50 percent partner in the offshore block. The well was drilled around 6.2 kilometers from the discovery well Keskesi East-1... Continue Reading →
Brazil Energy Insight 