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June 2, 2020 ANP is publishing the Monthly Bulletin of Oil and Natural Gas Production with detailed data for April 2020. This month, production in the Pre-salt was 2.597 MMboe / d (million barrels of oil equivalent per day), the which corresponds to 69.5% of the national total. 2,057 MMbbl / d (million barrels per... Continue Reading →
Oil production in Brazil fell only marginally in April compared to the previous month, according to data released on Tuesday, as coronavirus-related stoppages and a dramatic fall in demand had a limited impact on output. According to Brazilian oil regulator ANP, the nation produced 2.958 million barrels of oil per day in April, up 13.6%... Continue Reading →
Jun 2, 2020 The six largest oil companies present in Brazil have a well-aligned speech regarding the needs of the country's oil and gas sector for the future. The foreign companies Shell, Equinor, Chevron, BP, Total, in addition to Petrobras itself, are demanding more changes in the Brazilian regulatory regime to ensure that projects in... Continue Reading →
May 29, 2020 The oil and gas market is having to deal with a new reality: cost reduction. With this in mind, Dutch SBM Offshore changed the way of contracting FPSO hulls from bilateral agreements to competitive bids. In the market, the comment is that the decision is a strategy to reduce spending on the... Continue Reading →
June 01, 2020 Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on 05/04/2020, announces the beginning of the non-binding phase regarding the sale of its stake (35%) in the Manati Field, a shallow water maritime production concession located in the Camamu Basin, in the State of Bahia. Potential buyers qualified for this... Continue Reading →
May 29, 2020 Petróleo Brasileiro S.A. - Petrobras, following up on the release dated 08/09/2019, reports that it has completed today the sale of its entire interest in seven onshore production fields, located in the Potiguar Basin, in the state of Rio Grande do Norte, to SPE 3R Petroleum S.A., a wholly owned subsidiary of... Continue Reading →
May 29, 2020 Ibama granted a 3D seismic survey license with ocean-bottom nodes (nodular receptors positioned on the seabed) to Equinor for blocks BM-S-8 and North of Carcará - where the Bacalhau and North of Bacalhau fields are located - in the Basin Santos. The campaign will be carried out by Seabed's SR / V... Continue Reading →
May 29, 2020 The ANP board approved the assignment of the remaining 10% stake in Petrobras to Total in the BM-S-9A concession contract, where the Lapa field is located, in the Santos Basin pre-salt. The operation was authorized by Cade in August 2019. As a result, the Lapa consortium in the Santos Basin pre-salt will... Continue Reading →
May 29, /2020 Saipem and BW Offshore (BWO) signed a memorandum of understanding to form a partnership in the FPSO segment. Recently sewn by the directors of the companies in Italy and Norway, the agreement was confirmed to PetróleoHoje, focusing, at first hand, the exclusive Shell bid for the FPSO of Gato do Mato, in... Continue Reading →
Oil major Chevron is planning to reduce its nearly 45,000-strong workforce by 10 to 15 per cent this year due to negative impacts of the coronavirus pandemic coupled with a sharp decline in oil and gas prices. Chevron has already revealed how it plans to mitigate the effects of the current market environment. Continue reading
