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Jun 19, 2020 The ANP collegiate board approved the assignment of rights to 10 Petrobras concession contracts to Trident Energy do Brasil, referring to the Pampo and Enchova clusters, covering the fields of Badejo, Bicudo, Bonito, Enchova Oeste, Enchova, Sole, Marimbá, Pampo, Piraúna and Trilha. The assignment is part of Petrobras' divestment plan. The ten... Continue Reading →
June 19, 2020 Petróleo Brasileiro S.A. - Petrobras informs that it has started the opportunity disclosure stage (teaser), referring to the sale of its entire stake in the Atum, Curimã, Espada and Xaréu fields, maritime production concessions in shallow waters located in the Mundaú sub-basin, in the State of Ceará. The teaser, which includes key... Continue Reading →
June 16, 2020 Ibama granted an operating license for the production, collection and disposal of oil and natural gas from the Pampo and Enchova fields, in the Campos Basin, to Trident Energy. The company bought Petrobras' shallow water assets last year. In the decision, the environmental agency defined that the company will be responsible for... Continue Reading →
June 17, 2020 Petróleo Brasileiro S.A. - Petrobras informs that it has started the opportunity disclosure stage (teaser), referring to the sale of its entire stake in a set of seven onshore and shallow water concessions located in the state of Alagoas. The teaser, which includes key information about the opportunity, as well as the... Continue Reading →
Jun 10, 2020 Ocyan offers the oil and gas sector a new paradigm for drilling in water depths below 500 meters using a drillship in dynamic positioning, without the use of anchoring. The novelty was achieved for the first time last month with the Norbe VIII rig, in the Albacora field, in the Campos Basin... Continue Reading →
Mexico’s state oil giant is suspending contracts with service providers and suppliers, triggering thousands of job losses, people with direct knowledge of the situation said. Over the past several weeks, Pemex has suspended contracts with at least eight local and international oil-service providers and suppliers to cut spending, said the people, who asked not to... Continue Reading →
June 9, 2020 The decision of the National Energy Policy Council (CNPE) to authorize the National Agency of Petroleum, Natural Gas and Biofuels (ANP) to reduce royalties to the legal minimum of 5% in small or medium-sized company fields, can benefit - if current rules are maintained - 24 companies that operate mainly on the... Continue Reading →
London-listed oil company Bahamas Petroleum (BPC) has been awarded the AREA OFF-1 petroleum licence offshore Uruguay. BPC said on Tuesday that it was chosen as the successful applicant for the award of an exploration licence offshore Uruguay by the Uruguayan national regulatory agency, ANCAP. Continue reading
Jun 5, 2020 Important news for the oil and gas sector from Brasilia. The National Energy Policy Council (CNPE) approved incentives for small and medium-sized companies in the exploration, development and production of oil and natural gas. The collegiate also gave the approval for the National Petroleum Agency (ANP) to define and bid blocks... Continue Reading →
Jun 3, 2020 Petrobras will sell the gas fields Pescada-Arabaiana production project, located in the shallow waters of the Potiguar Basin. The oil company is about to conclude direct negotiations with Ouro Preto, current partner in the project, to sell its 65% stake in the asset located in the Rio Grande do Norte shallow waters,... Continue Reading →
Brazil Energy Insight 