ANP the final list of companies registered in the last oil auction of the Temer government September 5, 2018 Four petroleum companies qualified in the 4th round of pre-salt bids, held by the National Petroleum Agency (ANP) in June, did not express an interest in participating in the 5th pre-salt auction scheduled for the 28th,... Continue Reading →
Ibama releases more Equinor wells in the Santos Basin pre-salt
September 5, 2018 Ibama has rectified the drilling license issued to Equinor to drill exploratory wells on the Carcará project in the BM-S-8 block in the Santos Basin pre-salt, and extended the license for the drilling of up to five exploration wells and one training test in the area of Norte de Carcará, won by... Continue Reading →
Westwood: Exxon’s new discovery opens new 10 billion barrel oil province
Energy intelligence group Westwood takes a closer look at Guyana following ExxonMobil’s ninth offshore discovery in the country. Westwood said on Wednesday that the latest Guyana discovery opened the way to a new 10 billion barrel oil province and transformation for one of South America’s smallest countries. Read more
Karoon in negotiations for Bauna
Petrobras assets demobilization program is expected to advance some yards still in the twilight of the Temer government. It seems that Karoon has opened negotiations for the Baúna field in the Santos Basin . It is estimated that the operation could reach the house of US $ 1 billion. At the beginning of last year,... Continue Reading →
Petrobras Oil and natural gas production in July
Rio de Janeiro, September 4, 2018 – Petróleo Brasileiro S.A. – Petrobras informs that in July its total production of oil and gas, including natural gas liquids (NGL), was 2.60 million barrels of oil equivalent per day (boed), with 2.50 million boed produced in Brazil and 102 thousand boed produced abroad. Total production operated by... Continue Reading →
Transocean moves to buy Ocean Rig for $2.7 billion
Transocean and Ocean Rig have entered into a definitive merger agreement under which Transocean will acquire Ocean Rig in a cash and stock transaction valued at approximately $2.7 billion, inclusive of Ocean Rig’s net debt. Read more
Brazil’s Petrobras to meet with presidential candidates’ aides: report
Executives from Petróleo Brasileiro SA (PETR4.SA) will meet with economic aides to presidential candidates this month to discuss their agenda for the state-controlled oil company, newspaper Estado de S.Paulo said on Sunday. Read more
Petrobras Liability Management Operations
Rio de Janeiro, September 3, 2018 – Petróleo Brasileiro S.A. – Petrobras informs that in August it executed the following operations, totaling US$ 1.45 billion: debt prepayment; term and/or cost renegotiation; and new financing, as per table below: It is the first time that the New Development Bank, a bank formed by the “BRICS” member... Continue Reading →
Pre-salt production grows 3.3% in July and corresponds to 55.1% of Brazil’s total
In July 2018, Brazil's oil and gas production was approximately 3.305 million barrels of oil equivalent per day (boe / d). 2.575 million barrels of oil per day (bbl / d) were produced, a decrease of 0.6% compared to the previous month and 1.8% compared to July 2017. Natural gas production totaled 116 million cubic... Continue Reading →
Açu Petróleo completes 50th ship-to-ship operation at Açu Port
9/3/18 Açu Petróleo completed the 50th ship-to-ship operation at its terminal at Açu Port, in São João da Barra (RJ). The number represents a milestone for the company, which began operating in August 2016. Each operation moves, on average, one million barrels. "In just two years, we started the operation with VLCC (Very Large Crude... Continue Reading →
Brazil Energy Insight 