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A worsening political crisis risks slowing the pace of oil sector growth in the small Latin American nation Any hope that Guyana’s recent election would settle the country’s broiling political turmoil always looked optimistic. And so it has proved. Four months on from the poll, neither of the two main parties has conceded defeat and the impasse threatens... Continue Reading →
Jul 21, 2020 Brazilian oil production resumed growth in June, after four months of stagnation. According to new data from the National Petroleum Agency (ANP), Brazil extracted 3.01 million barrels of oil per day, an increase of almost 9% compared to the previous month. This was the first time that national production returned to the... Continue Reading →
Jul 17, 2020 Among the units licensed by Petrobras are four with a capacity to produce 225,000 bopd On Thursday (7/15), Petrobras requested a license from Ibama for the implementation of 12 FPSOs in the Santos Basin pre-salt and the reactivation of an FPSO in Mero (“FPSO Mero FR”). There are four new units for... Continue Reading →
Jul 17, 2020 Estaleiro Atlântico Sul (EAS), controlled by Camargo Corrêa and Queiroz Galvão, plans to diversify its activities, in an attempt to generate revenue and convince its creditors that it is capable of restructuring its R$1.3 billion debt. The company, located in the Suape port complex (PE), has been in bankruptcy since January. The... Continue Reading →
July 17, 2020 Petrobras is working to anticipate the deactivation of the floating platforms provided for in its current decommissioning plan. Among the priorities are the production units in the Marlim and Voador fields, in the Campos Basin. In a letter submitted to the ANP, the oil company proposed to send, first, the installation deactivation... Continue Reading →
July 17, 2020 The FPSO Capixaba should resume operations in August at Parque das Baleias, in the Campos Basin, ANP informed PetróleoHoje. The platform chartered by Petrobras has been out of production since April, after cases of covid-19 were confirmed among workers on board. Source: PetroleoHoje
Jul 17, 2020 Petrobras requested a license from Ibama for the implementation of 12 FPSOs in the Santos Basin pre-salt and the reactivation of an FPSO in Mero (“FPSO Mero FR”). There are four new units for the Buzios field (Buzios FPSOs 9, 10, 11 and 12), in addition to the Sepia 2 FPSOs. Among... Continue Reading →
Jul 17, 2020 BP Energy initiated the licensing of an exploratory well in the BM-C-35 block, in the Campos Basin. It intends to start the campaign in August 2022 and the well is part of the commitment made to the ANP in the Discovery Assessment Plan (PAD) of the Basilisco prospect. After Petrobras' decision to... Continue Reading →
Jul 16, 2020 Wintershall DEA started the licensing process for an exploratory well in the area of block CE-M-601, in deep waters of the Ceará Basin. The vertical well will be drilled in a 2000 m water depth slide and the company expects to find oil, with an average estimate of 24º API. The CE-M-601... Continue Reading →
Jul 14, 2020 Altogether, 40 small and medium-sized companies, 30 of which are Brazilian, are in the dispute to buy onshore mature oil fields from Petrobras, reveals Roberto Ardenghy, director of Institutional Relations at the state-owned company. With the pandemic, the company postponed for 12 months the conclusion of the sale of its 157 onshore... Continue Reading →
