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A new managing director of Wintershall’s Argentinian entity will be named after the closing of the merger between Wintershall and compatriot DEA. German company Wintershall said on Monday that Gustavo Albrecht, managing director of the company’s Argentinian subsidiary Wintershall Energía for the last nine years, would be leaving the company on February 28. Albrecht will... Continue Reading →
22 February 2019 The ANP Board approved on Friday (22/2) the draft bidding documents for the amended Permanent Offer to include 472 areas that obtained a positive manifestation from the competent environmental agencies (458 blocks with exploratory risk and 14 areas with accumulations). With the inclusions, the Permanent Offering now has 630 areas, of which... Continue Reading →
02/25/2019 Brasco, the offshore support company of the Wilson Sons Group, has entered into an agreement with Total E & P do Brasil to provide logistical support to production activities in the Lapa field, located in the Santos Basin pre-salt. "We have been working with Total since 2013, when the exploration campaign began in the... Continue Reading →
Petrobras said about 188 cubic meters of oil was spilled at platform P-58 at Bacia dos Campos during a routine transfer to a vessel. P-58 is located at the south coast of Espirito Santo state and the company said there’s no risk of the oil reaching shore, which is 80 kilometers away. In a regulatory filing,... Continue Reading →
Rio de Janeiro, February 22, 2019 - Petróleo Brasileiro S.A. - Petrobras informs that in January its total production of oil and gas, including natural gas liquids (NGL), was 2.61 million barrels of oil equivalent per day (boed), of which 2.54 million boed produced in Brazil and 73 thousand boed abroad. The company's total operated... Continue Reading →
When the giant P-67 floating oil production vessel lit its flare tower earlier this month, it marked the start of a Brazilian supply boom that’s poised to challenge OPEC’s efforts to balance the global market. The mammoth facility -- long and wide enough to fit an American football field -- is the first of four similar platforms to begin... Continue Reading →
21/02/2019 Petrobras believes that it will be possible to expand its bunker marketing in the world market by reducing the sulfur content in marine fuels established by the International Maritime Organization (IMO). The company claims that it is practically already in line with the new international rules, which predict a sulfur index below 0.5% as... Continue Reading →
Country to lead business associated with new offshore production projects in South America, predicts Rystad Energy New offshore production projects in Brazil are expected to move approximately $ 11 billion in contracts this year, according to Rystad Energy survey. The country will dominate the scenario in South America, with eight of the top ten... Continue Reading →
02/20/1919 Brazil presented to the United Nations a general description of the Brazilian Submission Review of the Southern Region, which aims to define the continental shelf beyond 200 nautical miles in that region. The purpose is to determine the maritime area in which Brazil will exercise sovereign rights for the exploration and exploitation of the... Continue Reading →
February 21, 2019 RIO - PetroRio announced, in a relevant fact, that it will carry out a new drilling campaign in the field of Polvo, in the Campos Basin, between the second and third quarters of this year. Up to four of 22 reservoirs with oil potential mapped by the company will be drilled. Depending... Continue Reading →
Brazil Energy Insight 