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Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 04/11/2022, informs that today it started the binding phase regarding the sale of its total participation in the Tartaruga field, located in shallow waters of the Sergipe-Alagoas Basin, state of Sergipe. Potential buyers qualified for this phase will receive a process letter with... Continue Reading →
(epbr) 3R Petroleum is approaching global trading companies interested in joining the Potiguar Cluster as partners. The company intends to deepen the studies on the financial evaluation of the cluster's infrastructure assets, before taking a decision on a potential partnership. In January, the company signed a contract with Petrobras, in the amount of US$ 1.38... Continue Reading →
Oil and gas company Afentra plc, led by former Tullow CEO Paul McDade, has signed an agreement with Angola's Sonangol to buy interests in Block 3/05 and Block 23, offshore Angola. Afentra will pay $80 million and could also pay contingent payments of up to $50 million in aggregate in the case of Block 3/05, with... Continue Reading →
Craig Fleming (WO) With the havoc created by the war in Ukraine and the hard push to convert to renewables, operators are once again focusing on the high ROI that offshore prospects offer. There is an onslaught of good news and positive indicators that suggest operators are poised to significantly increase offshore development in 2022. ... Continue Reading →
(Reuters) - Suriname's state firm Staatsolie and a unit of Chevron Corp (CVX.N)have signed a production sharing contract for exploring and producing oil at an offshore block, the companies said on Wednesday, expanding their cooperation in the South American country. Surinam is a small onshore crude producer, but the South American country has yet to confirm... Continue Reading →
(PN) Bureau Veritas announced that it has taken over the internal audit of the Operational Management System of the onshore and offshore installations of the oil company 3R Petroleum. The company will be responsible for evaluating the compliance of the company's operations based on the technical regulations of the National Petroleum Agency (ANP). In addition,... Continue Reading →
(Offshore Energy) Oil and gas exploration company Eco (Atlantic) Oil & Gas has made its required capital expenditure contribution and is on track to start drilling a high-impact exploration well located in Block 2B, located offshore South Africa, by October this year as scheduled. The joint venture (JV) partnership for Block 2B is operated by a subsidiary... Continue Reading →
Italian oil and gas company Eni has offloaded and exported the first oil cargo from the Miamte FPSO, operating at the Miztón, Amoca, and Tecoalli fields in Area 1, Gulf of Mexico. Achieved on Thursday, this marks an important milestone for the oil and gas sector in Mexico, with Eni being the first international energy... Continue Reading →
(PN) In a final assessment of the result of the Permanent Offer auction, held this morning, the National Petroleum Agency (ANP) highlighted the main numbers achieved in the auction. In all, 59 exploratory blocks were acquired in six basins, which generated R$ 422.4 million in signature bonuses. This represents a premium of 854.84%. In addition,... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on August 07, 2020, informs that the process of selling the totality of its interest in the Tartaruga Field, located in shallow waters of the Sergipe-Alagoas Basin, State of Sergipe, was not concluded. The process was in the binding phase. Thus, reinforcing its commitment... Continue Reading →
Brazil Energy Insight 