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Petrobras is studying resuming the exploration campaign in the deep waters of the Potiguar Basin in 2023, with the drilling of a new well to delimit the discovery of Pitu - one of the few assets that is not being sold by the company in the state of Rio Grande do Norte. - The discovery... Continue Reading →
The Ministry of Mines and Energy (MME) should launch, in November, the Incentive Program for Offshore Mature Fields following REATE’s initiative for onshore fields. The program, which focuses on extending the useful life of this type of asset and postponing its decommissioning, is being conducted directly by the Secretary of Petroleum, Natural Gas and Biofuels,... Continue Reading →
PRNewswire/ -- McDermott International, Ltd today announced the first shipment of topside modules for a floating production storage and offloading (FPSO) unit for MODEC, Inc. (MODEC). The FPSO will be located in the Area 1 block, approximately six miles (10 kilometers) off the coast of Mexico in the shallow waters of the Campeche Bay at a water depth of... Continue Reading →
Pre-salt production in August set a record for the second consecutive month, both in oil and natural gas production. In total, 2,776 MMboe / d (million barrels of oil equivalent per day) were produced, with 2,201 MMbbl / d (million barrels per day) of oil and 91.398 MMm3 / d (million m3 per day) of... Continue Reading →
The new development plans (DP’s) for 14 shallow water fields, recently approved by the ANP, indicate that the areas, previously in process of decline, will receive an injection of investments that exceed R $ 10 billion. This amount refers only to activities considered firm (mandatory) in the plans submitted to the ANP. This value can... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on August 24, 2020, informs the beginning of the non-binding phase regarding the sale of all of its stakes in a set of twenty-six onshore and shallow water production field concessions, located in the Potiguar Basin, in the state of Rio Grande do Norte... Continue Reading →
September 25, 2020 Petróleo Brasileiro S.A. – Petrobras informs that it has started the opportunity disclosure stage (teaser), referring to the sale of all of its stakes in the Albacora and Albacora Leste concessions, located in the deep waters of the Campos Basin.. The teaser, which includes key information about the opportunity, as well... Continue Reading →
In the latest edition of the Brazil Oil and Gas Circuit, an event organized by ONIP in partnership with ABPIP and supported by Firjan, the Rio 2020 Petroleum Yearbook was the central theme and brought an insight into the activities in exploration and production in Rio de Janeiro waters, with guests from three operators. The... Continue Reading →
Sept 16, 2020 Cade approved, without restriction, the acquisition, by OP Pescada (Ouro Preto Oil & Gas subsidiary), of the 65% stake of Petrobras in Polo Pescada, which comprises the fields of Pescada, Arabaiana and Dentão, located in shallow waters of Potiguar Basin. The conclusion of the acquisition makes OP Pescada 100% holder and operator... Continue Reading →
Sept 11, 2020 Only auction of oil and gas exploration and production areas of the year, the second cycle of the Permanent Offer already has a date scheduled. The Special Bidding Commission of the National Petroleum Agency (ANP) scheduled the bidding for December 3. The decision came after the commission approved a declaration of sectors... Continue Reading →
Brazil Energy Insight 