The ANP approved the assignment of blocks TUC-T-139 and TUC-T-147, located in the Tucano Sul Basin, to Imetame and Energy Paranã. The areas were acquired from CDGN Logística, which executes a pledge contract on the emerging rights of Petra Energia, former operator of the concessions. At a meeting, the ANP board conditioned the assignment to... Continue Reading →
PETROBRAS TO ASSUME 100% OF FIVE BLOCKS IN FOZ DO AMAZONAS BASIN
The ANP authorized the assignment of the 30% stake in BP in blocks FZA-M-57, 86, 88, 125 and 127 to Petrobras, which will now hold 100% interest in the assets located in the Foz do Amazonas Basin. The British share in the areas was purchased by Petrobras in April this year, when the state-owned company... Continue Reading →
ANP APPROVES DECOMMISSIONING GUARANTEES OF CAMPO DE LAPA
(PetroleoHoje) The ANP board approved the guarantee instrument presented by Total for the deactivation and abandonment of the Lapa field, in the Santos Basin. Thus, the French company is able to sign the amendment to the concession contract, assuming 45% of the field, in consortium with Shell (30%) and Repsol Sinopec (25%). In May 2020,... Continue Reading →
Ports supplied by offshore wind are preferred models for green hydrogen in Brazil
(epbr) The investments announced for the construction of plants producing green hydrogen (H2V) in Brazil already total more than US$ 22 billion, all concentrated in ports — Pecém, in Ceará, Suape, in Pernambuco, and Açu, in Rio de Janeiro. These ports combine a series of strategic factors for the development of the new H2V chain,... Continue Reading →
Petrobras concludes the sale of Rio Ventura Cluster
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 08/21/2020, informs that today it has concluded the sale of its total interests in eight onshore exploration and production fields, jointly called Rio Ventura Cluster, located in the state of Bahia, to 3R Rio Ventura S.A., a wholly owned subsidiary of 3R Petroleum... Continue Reading →
Karoon examining options for Neon project offshore Brazil
(OM) Karoon Energy has received notification that Brazil’s ANP has approved its integrated development plan for the Neon and Goiá fields (formerly Echidna and Kangaroo) in the Santos basin offshore Brazil. The plan had been submitted in December 2019, although Karoon is now performing additional engineering studies for Neon in order to optimize the development plan. This... Continue Reading →
Guyana Relaunches Search for Company to Market Its Crude
(Reuters) Guyana is re-launching a search for a company to market the government's share of crude oil produced off the South American country's coast to make the tender process "simpler and more competitive," the natural resources minister said on Monday. According to the notice published late last week, companies will have until Aug. 3 to submit their... Continue Reading →
Petrobras signs Itapu Coparticipation Agreement
Petróleo Brasileiro S.A. – Petrobras informs that it signed with Pré-sal Petróleo S.A. (PPSA) the Itapu Coparticipation Agreement, which will regulate the coexistence of the Transfer of Rights Contract (ToR) and the Production Sharing Contract (PSC) for the Suplus of the Transfer of Rights for the Itapu field, in the Santos Basin pre-salt area. The... Continue Reading →
Petrobras releases teaser of E&P assets in Potiguar Basin
Petróleo Brasileiro S.A. – Petrobras informs that it has started the opportunity disclosure stage (teaser) for the sale, together with Sonangol Hidrocarbonetos Brasil Ltda. (Sonangol), of the total stakes of both companies in the onshore exploratory block POT-T-794, belonging to the BT-POT-55A concession, located in the Potiguar Basin, in the State of Rio Grande do... Continue Reading →
PETRO RIO CLOSING OF ACQUISITION OF INTEREST IN WAHOO
Petro Rio S.A. ("Company" or "PetroRio") (B3: PRIO3), in accordance with art. 26 of the Novo Mercado Regulation, and in addition to the Material Fact of March 04, 2021, informs shareholders that the country’s National Petroleum, Gas and Biofuels Agency (“ANP”) has approved the acquisition of 28.6% in the BM-C-30 Block (“Wahoo” or “Wahoo Field”)... Continue Reading →