Jan 10, 2020 The Minister of Mines and Energy, Bento Albuquerque, has formalized the creation of the Working Group determined by the National Council for Energy Policy (CNPE) to evaluate the international rules for bidding areas beyond 200 nautical miles in the ANP 17th bidding round, scheduled to take place in the second half of... Continue Reading →
ANP: 871 oil and gas exploration blocks on offer in 2020
January 10, 2020 The National Petroleum Agency (ANP) has scheduled for 2020 to hold three auctions of oil exploration areas. The bids, still undefined, should take place in the second half of the year and will offer 871 exploratory blocks, mostly in permanent offer areas. The agency will hold a public hearing to receive contributions... Continue Reading →
No New Oil Auctions, Mexico’s President Says
Mexico's President Andres Manuel Lopez Obrador said on Wednesday his government was not contemplating reopening oil and gas auctions this year, ending hopes his left-leaning government will soon spur private investment in the energy sector. "It's not contemplated," Lopez Obrador said at his daily press conference when asked if his government was considering offering auctions... Continue Reading →
Brazil weighs policy to cushion impact of oil price spikes in fuel costs
The Brazilian government is studying a mechanism that would cushion the potential impact of spikes in international oil prices on local fuel prices, energy minister Bento Albuquerque said on Thursday. The recent surge in oil prices, following events in Iraq, caused Brazil’s President Jair Bolsonaro to call a meeting this week with Petrobras and energy... Continue Reading →
Ibama issued more seismic and drilling licenses in 2019
January 9, 2019 Number of authorizations for seismic and drilling campaigns increased over previous year Ibama authorized, last Wednesday (8/1), SpectrumGeo to carry out a 2D seismic campaign in the Pará-Maranhão Basin. In the licensing process, it is stated that the BGP Pioneer vessel, from Chinese BGP, will conduct the work. The issuance of environmental... Continue Reading →
PPSA signs agreement for the commercialization of the gas production of the Union of Southwest Tartaruga Verde Field.
Jan 7, 2020 Pre-Sal Petróleo (PPSA), which is responsible for representing the Union in the production sharing agreements, has signed with Petrobras an agreement for the commercialization of the gas production of the Union of Southwest Tartaruga Verde Field. The agreement will be effective from January 1 to December 31, 2020 and provides that the... Continue Reading →
Ibama opens consultation to model offshore wind licensing in Brazil
January 7, 2020 Ibama has opened a public consultation to receive contributions for the publication of the Model Term of Reference (TR) that will indicate the ways for the preparation of Environmental Impact Studies of offshore wind projects in the country. Contributions can be sent to the environmental agency until April 3. The reference term... Continue Reading →
Petrobras completes ANP auctions payments
December 27, 2019 - Petróleo Brasileiro S.A. - Petrobras, following up on the press releases disclosed on October 10, November 6 and 7, and December 11, 2019, reports that today it made the final payments in the amount of R$ 34.191 billion (thirty four billion one hundred and ninety one million reais), referring to the... Continue Reading →
Petrobras begins new licensing for Pelotas Basin
December 26, 2019 Petrobras began a new environmental licensing process for drilling an exploratory well in the area of block BM-P-2 in the Pelotas Basin. The opening of the new process follows a license denied by Ibama for the campaign in the region. The request at Ibama was filed on December 3. After 14 years... Continue Reading →
Equinor submits Carcará commerciality declarations to ANP
Dec 27, 2019 Equinor, as operator, on behalf of the BM-S-8 and Norte de Carcará consortiums, informs that it has submitted to the National Agency of Petroleum, Natural Gas and Biofuels (ANP), the Declarations of Commerciality of the Carcará discovery, in the area of Santos Basin pre-salt. Together with the Declarations of Commerciality, the consortia... Continue Reading →