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Equinor is very close to restarting production in the Peregrino field, in the southern part of the Campos basin. However, the date for restarting operations in the area has been slightly readjusted. The board of the National Petroleum Agency (ANP) approved the postponement of the resumption of production in the field to August 31 this... Continue Reading →
(OEM) London-based and Oslo-listed oil and gas company Panoro Energy has completed the sale of its interest in the Offshore Mining Lease no. 113 (OML 113) offshore Nigeria to Oslo-listed PetroNor. Back in October 2019, the two oil and gas players entered into a sale agreement, enabling PetroNor to buy out Panoro’s interest in OML 113, including... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the releases disclosed on 07/28/2021 and 06/22/2022, informs that it has today finalized the sale of 51% of Petrobras Gás S.A. (Gaspetro) to Compass Gás e Energia S.A. (Compass). The transaction was concluded for R$ 2.097 billion, fully paid on this date. This disclosure to the market... Continue Reading →
(Reuters) - Colombia's highest administrative court on Thursday ruled against a lawsuit looking to nullify rules that would allow fracking projects in the Andean country, effectively overturning a moratorium on the commercial development of non-conventional oil and gas deposits, it said in a statement. The Council of State in rejecting the suit said the rules... Continue Reading →
(PN) PRIO announced that it has started production at the ODP4 well, in the Frade field, in the Campos basin. The oil company received approval from the Brazilian Institute for the Environment (Ibama) for new drilling activities in the asset. The ODP4 well is particularly special, as it is the first in Frade's revitalization program.... Continue Reading →
ANP published the Monthly Bulletin of Oil and Natural Gas Production, with consolidated data on national production for the month of May. Approximately 2.879 MMbbl/d (million barrels per day) of oil and 132 MMm3/d (million cubic meters per day) of natural gas were produced, totaling 3.707 MMboe/d (million barrels of oil equivalent per day) Pre-salt... Continue Reading →
The U.S. offshore wind sector continues its journey to deploy 30 GW of offshore wind by 2030 and 110 GW by 2050, Intelatus Global Partners said in its July U.S. offshore wind report. Two major OCS projects with around 940 MW of capacity have reached FID and have started onshore construction, and seven projects are... Continue Reading →
(Reuters) - The European Union is planning a deal with Namibia to support the country's nascent green hydrogen sector and boost its own imports of the fuel, EU and Namibian officials said, as the bloc works to reduce its dependence on Russian energy. Hydrogen has long been touted as a less emissions-heavy alternative to fossil... Continue Reading →
(Reuters( President Joe Biden's administration on Friday unveiled a five-year proposal for offshore oil and gas development in areas of existing production, and said the final plan may have anywhere from zero to 11 lease sales. The range of options, between two auctions a year and none at all, sought to balance the administration's efforts... Continue Reading →
(epbr) It is Petrobras' culture to develop petroleum frontiers of high geological complexity, demanding development and application of the most daring technologies. From the pioneering onshore exploration activities to the pre-salt layer, the company has stood out for creating innovative solutions to enable the exploration of these areas, helping to strengthen the national industry, energy... Continue Reading →
