Italian oil and gas company Eni has started oil production from its operated Agogo field, located offshore Angola, only nine months after its discovery. Eni announced “a major oil discovery” in Block 15/06, in the Agogo exploration prospect, in Angola’s deep water in March 2019. Eni operates two FPSOs in Block 15/06, the N’Goma in West... Continue Reading →
Eni, Total Win Three Angola Blocks
Italian oil major Eni and France's Total were among the successful bidders for rights to develop three offshore blocks in Angola out of 10 auctioned late last year, the country's petroleum regulator said on Thursday. Eni and Total won operator rights to blocks 28 and 29 respectively in the offshore Namibe basin, while Angola's state... Continue Reading →
PETROBRAS MAKES NEW OIL DISCOVERY NOTIFICATION IN MARLIM LESTE
Jan 15, 2020 Petrobrás notified the National Petroleum Agency (ANP) of a discovery of oil evidence in the Marlim Leste field, in the Campos Basin, at a water depth of 1,226 meters in the well 9-MLL-83-RJS . The Marlim Leste field adopts two production development modules: the P-53, a FPU (Floating Production Unit) type platform;... Continue Reading →
ANP Director-General Décio Oddone announces resignation – update
15 Jan 2020 The director general of the National Agency of Oil, Natural Gas and Biofuels, Décio Oddone, delivered a letter to President Jair Bolsonaro and the Minister of Mines and Energy, Bento Albuquerque, stating that he will leave office in advance. His term would end in December this year. But will remain only until... Continue Reading →
Brazil’s petroleum regulator chief asks to leave post early: ANP
Jan 15, 2020 (Reuters) - Décio Oddone, the head of Brazil’s petroleum regulator ANP, said in a statement on Wednesday he had written to President Jair Bolsonaro asking for permission to leave his post early. Oddone, who had been due to step down in December, said he would stay in his post long enough for... Continue Reading →
ANP authorizes Perenco to restart production at Pargo
January 14, 202o Permission was given after meeting operational safety conditions at Polo Pargo The ANP authorized Perenco to resume the operation of Polo Pargo last Friday (10/1). According to the agency, the permission was given after analysis that found the fulfillment of operational safety conditions. Located in the Campos Basin, the hub comprises the... Continue Reading →
Zama a Giant Plus for Mexico
At 670 million barrels of recoverable oil, Mexico’s Zama field would be a nation-building giant in any prolific oil-bearing basin. That reserves estimate — made this week by Netherland, Sewell & Associates for Talos Energy, the Houston-based outfit that found the field — is testing the policies of a newly reorganized Mexican Ministry of Energy. Next door... Continue Reading →
PPSA raised R$ 848 million for the Union in 2019
January 13, 2020 Pre-Sal Petróleo PPSA, company linked to the Ministry of Mines and Energy, raised approximately R $ 848 million for the Union in 2019. The proceeds refer to the commercialization of the Union's oil and gas portion in production sharing contracts and Equalization. Expenditures and Volumes (EGV) of the Sapinhoá, Tartaruga Verde and... Continue Reading →
Bidding areas beyond 200 nautical miles in the ANP 17th round
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 →
