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(Yahoo)The deeply impoverished former English colony of Guyana has become one of the world’s hottest offshore drilling locations. Global energy supermajors have made a slew of major oil discoveries in Guyana’s and neighboring Suriname’s offshore waters, notably in the 6.6-million-acre Stabroek Block in which global energy supermajor Exxon has a 45% interest with 30% and 25% held... Continue Reading →
A consortium between France’s major TotalEnergies and Qatar’s Qatar Petroleum and U.S. supermajor Chevron have submitted winning bids for shallow-water offshore acreage in Suriname. Suriname’s national oil company Staatsolie said last Friday that the three oil companies submitted ‘most favourable’ bids for the relevant blocks offered in the Suriname Shallow Offshore (SHO) Bid Round 2020/2021... Continue Reading →
(TNPetroleo) The Ministry of Mines and Energy (MME) published the minutes of the pre-bid and contract for the auction of the Atapu and Sépia pre-salt fields, scheduled to take place in December this year. This, which will be the biggest oil and natural gas event this year, should attract investments of R$ 200 billion by... Continue Reading →
U.S. oil major Chevron, and a consortium between France's TotalEnergies and Qatar's Qatar Petroleum have submitted winning bids for shallow-water offshore acreage in Suriname, Suriname's national oil company Staatsolie said Friday. Staatsolie said the trio had submitted "most favorable" bids for the relevant blocks offered in the SHO Bid Round 2020/2021 which had closed for... Continue Reading →
(PetroNoticias) With results below initial expectations, Petrobras turned to the National Petroleum Agency (ANP) to ask for more time for exploration and evaluation activities in the Sagitario area (Block S-M-623), in the Santos Basin. The regulatory agency accepted the request and extended the exploration period in the region to March 5, 2024. With more time... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, in continuity with the material facts dated as 8/26/2020 and 6/11/2021, informs its shareholders and the general public that, it filed the registration statement with the Brazilian Securities Commission (CVM) on the date hereof of the secondary public offering of common shares issued by the Petrobras Distribuidora S.A. (BR) and... Continue Reading →
(Reuters) - Brazil’s central bank delivered its third consecutive interest rate increase of 75 basis points on Wednesday and raised the specter of larger hikes ahead as it returns to “neutral” rates, dropping plans for a “partial” normalization of policy. With economic growth much stronger than many had expected and inflation forecast above the central... Continue Reading →
(PetroNoticias) The interest in the 17th Bidding Round, which is scheduled for October 7, should focus on three blocks in the Santos Basin that are cut by the 200 nautical mile limit. According to data presented by the National Petroleum Agency (ANP), the three areas together have volumes of more than 7 billion barrels oil.... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it signed today with Pré-sal Petróleo S.A. (PPSA) and its partners CNODC Brasil Petróleo e Gás Ltda. (CNODC) and CNOOC Petroleum Brasil Ltda. (CNOOC) the Búzios Coparticipation Agreement, which will regulate the coexistence of the Transfer of Rights Agreement and the Production Sharing Contract for the Suplus of the... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on August 26, 2020, informs that it sent today to Petrobras Distribuidora S.A. (BR) a letter requesting cooperation to implement the secondary public offering (follow on) for the sale of its remaining 37.50% interest in the capital stock of that company whose execution will... Continue Reading →
