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Petróleo Brasileiro S.A. – Petrobras announces that the National Agency of Petroleum, Natural Gas and Biofuels (ANP) approved, at the Collegiate Board Meeting No. 1074 held on December 9, 2021, the Production Individualization Agreement (AIP) of the Mero accumulation, located in the Santos Basin. The Mero joint reservoir comprises:• Mero Field area (Production Sharing Contract... Continue Reading →
(ON) Organizations such as the Paris-based International Energy Agency (IEA) have recommended that there be no new petroleum exploration projects if the world is to avoid more catastrophic effects of climate change. But another report by two recognized organizations is advising that countries take a cautious approach in this respect, or they could face damaging... Continue Reading →
The ANP will carry out the Second Round of Tenders for the Surplus Volumes of the Transfer of Rights, under the production sharing regime on Dec. 17. Two development areas will be offered in the Santos Basin: Atapu and Sépia. The public session will be held in Rio de Janeiro, in compliance with the health... Continue Reading →
Brazil's energy policy council CNPE authorized oil regulator ANP to put 11 pre-salt blocks in the Campos and Santos basins up for sale permanently, with a total signing fee estimated at 1.3 billion reais ($233 million), the government said on Thursday. That system until now had been used for areas with less potential and did... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the releases disclosed on 11/22/2016 and 03/21/2018, informs that it will receive from Equinor Brasil Energia Ltda. (Equinor) the last contingent installment in the amount of US$ 950 million related to the sale of its stake in the exploratory block BM-S-8, where the Bacalhau field (former Carcará... Continue Reading →
The board of the National Petroleum Agency (ANP) approved the Production Individualization Agreement (PIA) for the shared Bacalhau deposit, located in the Santos Basin. As a reminder, the PIA is an instrument used when reservoirs or deposits extend over more than one exploratory block or when they cover a non-contracted area. In 2014, Equinor had... Continue Reading →
(Reuters) - Brazil's central bank on Wednesday raised interest rates by 150 basis points and signaled another such hike in February, waging one of the world's most aggressive battles with inflation even as Latin America's largest economy has tipped into recession. The bank's rate-setting committee, known as Copom, decided unanimously to raise its benchmark interest... Continue Reading →
The Special Tender Committee (CEL) approved the registration of one more company for the Permanent Offer: Ecopetrol Óleo e Gás do Brasil Ltda. With Ecopetrol, 69 companies have already signed up for the Permanent Offer. See the complete list: https://www.gov.br/anp/pt-br/rodadas-anp/oferta-permanente/inscricao-licitantes. The Permanent Offer is a modality of concession of blocks and areas with marginal accumulations... Continue Reading →
A new important milestone for Petrobras and its partners in the consortium that operates in the Libra block, in the Santos Basin pre-salt. The board of the National Petroleum Agency (ANP) approved the first development plan for the Mero field, which is located within the Libra area. In all, 65 wells will be drilled in... Continue Reading →
(Reuters) - Oil major Chevron (CVX.N) and the government of Equatorial Guinea have signed a production-sharing agreement for an offshore block in the Douala Basin, oil minister Gabriel Mbaga Obiang Lima said on Friday. The agreement grants Chevron 80% ownership over block EG-09, which sits along Equatorial Guinea's northern border with Cameroon, south of the Aseng and... Continue Reading →
