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Nov 19, 2019 ANP extended deadline for Petrobras to conclude operations involving land and shallow water fields The ANP has extended the deadlines for Petrobras to complete its divestments in land and shallow water. The operations involve 124 fields at 20 clusters - some of them already sold, but not yet with all the regulatory... Continue Reading →
Oil and natural gas producer China National Offshore Oil Corporation (CNOOC) has promoted its executive director and president to the position of the chief executive officer (CEO). CNOOC said that its executive director and president Xu Keqiang was appointed as the CEO of the company with effect from November 19. Continue reading
Nov 18, 2019 Petrobras has completed the largest seismic survey in the world, in the area of the Búzios onerous assignment, located in the Santos Basin, about 200 km from the city of Rio de Janeiro. Begun in November 2018, the project used ocean bottom nodes installed in 6,600 locations in an area of 1,600... Continue Reading →
Norwegian oilfield services company Aker Solutions and a group of oil and gas operators have come together in a joint industry project with the aim of making subsea gas separation a reality. Using CO2 injection to increase recovery rates in offshore oil and gas fields can improve the economics of a field significantly, but so... Continue Reading →
November 14, 2019 Petróleo Brasileiro S.A. - Petrobras reports that today it started up oil and natural gas production at platform P-68 in the Berbigão field, in the Santos Basin pre-salt. Following P-67, in the Lula field, and P-76 and P-77, in the Buzios field, P-68 is the fourth unit to start up in 2019,... Continue Reading →
Nov 14, 2019 Petrobras has launched a tender for contracting offshore platform maintenance services, which include the Buzios field units, in the pre-salt of the Santos Basin. - Lot A provides services for the P-74, P-75, P-76 and P-77 FPSOs, all owned by Petrobras, with a production capacity of 150 thousand barrels / day, in... Continue Reading →
November 13, 2019 Petróleo Brasileiro S.A. - Petrobras, following up on the release dated 09/13/2019, reports on the beginning of the binding phase regarding the sale of its stakes in two onshore concessions, including offloading facilities named Cupiúba and Carapanaúba Cluster, located in the state of Amazonas. Qualified parties for this phase will receive invitation... Continue Reading →
Nov 13, 2019 The purchase of the Lagoa Parda Cluster by Imetame is approved by Cade, without restrictions. The set of three fields in Espírito Santo was 100% sold by Petrobras, for R $ 9.4 million. Deal was signed on October 11th. The current average production of the cluster is 300 barrels of oil per... Continue Reading →
Nov. 12, 2019 Petrobras reports that it has started the opportunity disclosure stage (teaser) relating to the sale of its fuel, lubricant and fertilizer distribution business in Uruguay. In this project, the company aims to sell 100% of the shares held by Petrobras Uruguay Sociedad Anónima de Inversiones (PUSAI) - a subsidiary of Petrobras -... Continue Reading →
Nov 12, 2019 Petrobras' divestment plan will gain reinforcement of major exploration and production assets, especially in the Campos Basin. The new strategy began to be reviewed by the E&P area in partnership with the Portfolio Management Executive Management following the auctions held last week. The selection of new projects for sale is expected to... Continue Reading →
