Jun 3, 2020 Petrobras will sell the gas fields Pescada-Arabaiana production project, located in the shallow waters of the Potiguar Basin. The oil company is about to conclude direct negotiations with Ouro Preto, current partner in the project, to sell its 65% stake in the asset located in the Rio Grande do Norte shallow waters,... Continue Reading →
Pre-salt accounts for almost 70% of national production
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 →
Brazilian oil production nearly steady in April despite pandemic
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 →
OIL MAJORS IN BRAZIL SAY THAT THE FUTURE OF THE O&G SECTOR DEPENDS ON MORE COMPETITIVENESS IN THE COUNTRY
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 →
Petrobras releases teaser for E&P in Espírito Santo Basin
June 01, 2020 Petróleo Brasileiro S.A. – Petrobras informs that it has started the opportunity disclosure stage (teaser), regarding the sale of a part of its interest in the exploratory blocks belonging to the ES-M-596_R11, ES-M-598_R11, ES-M-671_R11, ES-M-673_R11 and ES-M743_R11 concessions, located in the Espírito Santo Basin. The teaser, which includes key information about the... Continue Reading →
Petrobras starts non-binding phase in the Camamu Basin
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 →
Petrobras completes the sale of seven onshore fields – Macau Cluster
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 →
ANP approves Petrobras exit of Lapa
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 →
Strategy change on Rota 3 pipeline
May 27, 2020 McDermott will start, in the first week of June, the launch of the last stretch of Rota 3, a gas pipeline that will connect the Santos Basin pre-salt to Comperj, in Itaboraí (RJ). The campaign will be carried out with the DLV 2000 vessel, which belongs to the group's fleet. Locar Pipe... Continue Reading →
PETROBRAS OPENING ACCESS TO ITS GAS PROCESSING PLANTS TO OTHER COMPANIES
May 27, 2020 Petrobras informed earlier this evening (27) that it took the first steps to allow access to its natural gas processing units by the other producers of the input in Brazil. The announcement comes hours after the Federation of Petroleum Workers (FUP) accused the company's management of lack of honesty, as it was... Continue Reading →