Brought to you by Quest Offshore & Southern Cone Consultants
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on August 24, 2020, informs the beginning of the non-binding phase regarding the sale of all of its stakes in a set of twenty-six onshore and shallow water production field concessions, located in the Potiguar Basin, in the state of Rio Grande do Norte... Continue Reading →
The opening of the bidding proposals for Maintenance and Repair Services of Offshore Platforms with parts supply (UN-BC) is scheduled for next Friday, at 3 pm. There are four lots that have the following reference prices from the state company: Reference budget: - LOT 1 - R$ 734,833,180.14 - LOT 2 - R$ 189,492,230.76 -... Continue Reading →
The development stage of the Mero field, within the Libra area, will enter a new phase. Petrobras obtained the environmental license for the installation of the asset's second Early Production System (SPA 2), located in the Santos Basin. The document was issued this month by the Brazilian Environmental Institute (Ibama) and will be valid for... Continue Reading →
Petrobras identified the presence of hydrocarbons in the first pioneer well drilled in block C-M-657, in the Campos Basin pre-salt. The indications are of natural gas, according to information sent by the company to the National Agency of Petroleum, Natural Gas and Biofuels (ANP), this week. Well 1-BRSA-1376D-RJS, nicknamed Naru, was drilled 308 km from... Continue Reading →
After months of negotiation, the two companies closed a deal, and are expected to sign a contract today for the campaign to support units in Brazil. The contract will have a firm term of 300 days, with the possibility of extension. GranEnergia's UMS Venus will support three Modec FPSOs and one FSO as January, installed... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the releases disclosed on 08/25/2020, 07/27/2020 and 03/20/2020, informs it has made the total prepayment of the remaining balance of its revolving credit lines denominated in US dollars, in the amount of US$ 2.0 billion. With this prepayment, the company currently has US$ 7.6 billion available... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on June 24, 2020, informs that its Executive Board approved a second alteration to the deadline for certain precedent conditions set forth in the agreement with Seven Brazil to be implemented. Thus, the effectiveness of the agreement and other related contracts will depend on... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras informs that the accumulated production of the Tupi field, located in the pre-salt of the Santos Basin, approximately 230 km from the coast of the state of Rio de Janeiro, reached 2 billion barrels of oil equivalent (boe) on July, 2020, according to the Brazilian National Agency of Petroleum, Natural... Continue Reading →
French oil major Total will transfer its rights in five blocks in Foz do Amazonas Basin off Brazil to Brazil's national oil company Petrobras, and exit the basin. To remind, Total earlier in September announced its decision o give up operatorship over the five exploration blocks 120 kilometers offshore Brazil. The decision came almost two years after... Continue Reading →
Halliburton must conclude the integrated well construction contract for the development of Mero 2, a production sharing project, located in the Santos cluster. Halliburton presented the best price in the Petrobras bid, having started the process of direct negotiation of the conditions of the proposal with the bidding commission. Source: PetroleoHoje
Brazil Energy Insight 