Aug 28, 2020 Shell has extended, to the beginning of 2021, the deadline for submitting offers for chartering the FPSO of Gato do Mato, in the Santos Basin pre-salt. The last deadline reported by PetróleoHoje was September 1st. Santos Basin pre-salt project will be developed with FPSO with capacity to produce 90 thousand bopd. Source:... Continue Reading →
Shell Taps Kongsberg for Cloud-Based Digital Twin Services
Norway's industrial tech solutions provider Kongsberg Digital has signed an enterprise framework agreement with Shell, for the supply of its digital twin software, across the oil and gas giant's upstream, integrated gas, downstream, and manufacturing business lines. "Shell has now signed an enterprise agreement with Kongsberg Digital for digital twin software to be deployed across... Continue Reading →
Maromba development will require US$ 716 million
Aug 28, 2020 The ANP board approved the development plan for the Maromba field, in the Campos Basin, in addition to the contractual extension of its production phase, for another 27 years, expiring in 2060. The asset is operated by BW Energy (95%) , in partnership with Magma Oil (5%). According to BW Energy's plans... Continue Reading →
World’s First: Drone Brings Cargo to Offshore Production Platform
Norwegian oil company Equinor has successfully sent a drone carrying a 3D-printed cargo from shore to an offshore production platform in the North Sea in what the company says is a world's first. In a flight spanning around 80 kilometers from the Mongstad base onshore to the Troll field in the North Sea offshore Norway,... Continue Reading →
Petrobras signs contract for onshore fields sale in ES
August 27 , 2020 Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 09/06/2019, informs that it signed today with Karavan SPE Cricaré S.A., a Specific Purpose Entity (SPE), a contract for the sale of all of its stakes in 27 onshore exploration and production concessions , located in Espírito Santo, jointly... Continue Reading →
PETRORIO – RESTATEMENT OF PRIOR PERIOD FINANCIAL STATEMENTS
August 27, 2020 Petro Rio S.A. (“Company” or “PetroRio”) hereby informs its shareholders and the market in general, in compliance with CVM Instruction No. 358, of January 3, 2002, that, on this date, a meeting of the Company’s Board of Directors (“RCA”) was held, at which the following was approved: (i) The ratification of the... Continue Reading →
Exxon Presses for Guyana Approval of Third Offshore Project
Exxon Mobil Corp is pressing Guyana's newly-installed government for approval of its third offshore oil project, which has been under a months-long review that coincided with political turmoil in the South American country. Exxon, which operates the Stabroek block as part of a consortium with Hess Corp and China's CNOOC Ltd has discovered more than... Continue Reading →
Karoon analyzes proposals for Baúna subsea
Aug 26, 2020 Karoon is analyzing proposals for the supply of subsea goods and services for the Baúna / Patola project, in the shallow waters of the Santos Basin. The scope of the contract involves wet Christmas trees (ANMs), umbilicals, lines and the installation of equipment in the area of Patola, which will be interconnected... Continue Reading →
Shell Reveals Brazil FPSO Decision
The Libra Consortium has taken a final investment decision to contract the Mero-3 floating production, storage and offloading (FPSO) vessel to be deployed at the Mero field in the Santos Basin offshore Brazil, Shell (NYSE: RDS.A) reported Tuesday. Besides Shell, other members of the Petrobras (NYSE: PBR)-operated Libra Consortium include Total (NYSE: TOT), CNPC and... Continue Reading →
Angola Aims to Reverse Oil Output Decline
Africa's second-biggest oil exporter, Angola, has unveiled a 2020-2025 energy roadmap which foresees oil discoveries of up to 57 billion barrels of crude oil and 27 trillion cubic feet of gas, state news agency ANGOP reported. The plans involve $679 million in foreign investment and $188 million by the Angolan state, the agency reported late... Continue Reading →