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Jun 23, 2020 Operators have drilled 284 offshore exploratory wells reaching the pre-salt geological layer since 1980, finding oil and / or gas in at least 64% of them (182), according to ANP data obtained by PetróleoHoje. The account includes pioneer, stratigraphic, extension, adjacent and deeper deposited wells. Source: PetroleoHoje
Jun 23, 2020 Açu Petróleo carried out the first oil transfer operation using a Very Large Crude Carrier class vessel for Shell Brasil Petróleo. The transfer of approximately 2 million barrels of crude oil from the relief vessels Lena Knutsen and VigdisKnutsen, both operating for Shell Brasil Petróleo, to the VLCC Wasit. The Açu Petróleo... Continue Reading →
Jun 22, 2020 Cyberhawk and Shell sign five-year multimillion-dollar software contract Cyberhawk becomes first and only drone-based operator to be granted full global aviation approval across all Shell facilities Global contract follows successful two-year proof-of-concept at a Shell construction project in USA valued at over $6bn Cyberhawk, the global leader in drone-based inspection and creator... Continue Reading →
Jun 22, 2020 Brazilian production still feels the demand effects of the coronavirus pandemic and suffered a further drop in May. During the period, 2.77 million barrels were extracted per day, which represents a decrease of 6.52% in comparison with the previous month. Meanwhile, natural gas production also declined in May. Altogether, there were 114.3... Continue Reading →
Jun 22, 2020 Petrobras and Porto de Açu reached a new agreement to double the volume of oil handled by the state company at the terminal. With the agreement, the oil company will be able to transport up to 100 million barrels while the contract is in force, until March 2021. Last year, Açu... Continue Reading →
Jun 22, 2020 The drilling of the first exploratory well on Saturno, an area of the 5th Production Sharing Round, in the Santos Basin resulted in a duster. The conclusion and result of the campaign - carried out by the consortium formed by Shell (operator, with 45% stake), in partnership with Chevron (45%) and Ecopetrol... Continue Reading →
Exxon Mobil Corp has restored crude output at its nascent project off Guyana's coast after addressing problems with gas reinjection equipment, the South American country's environmental regulator said on Friday. Output at the offshore Liza field, which Exxon operates in a consortium with Hess Corp and CNOOC Ltd has been restored to between 80,000-90,000 barrels per day... Continue Reading →
Jun 19, 2020 3R Petroleum plans to invest US $ 200 million over the life cycle of the Polo Macau fields - a cluster of assets purchased from Petrobras in the Potiguar Basin, Rio Grande do Norte. - In a live interview with epbr, CEO Ricardo Savini, explained that the pandemic forced the company to... Continue Reading →
Eni CEO Claudio Descalzi wants to turn the 67-year-old Italian oil and gas firm into a greener business, focusing on clean low-carbon products to build a huge customer base which he believes can steady the ship and attract investors more than ever. The veteran oil executive, reappointed as Eni chief for a third time in... Continue Reading →
June 16, 2020 Ibama granted an operating license for the production, collection and disposal of oil and natural gas from the Pampo and Enchova fields, in the Campos Basin, to Trident Energy. The company bought Petrobras' shallow water assets last year. In the decision, the environmental agency defined that the company will be responsible for... Continue Reading →
Brazil Energy Insight 