08/17/18 Amount will be applied in the development of the gas fields of Caburé and Gomo Alvopetro announced that it will allocate US $ 1.8 million to the Caburé and Gomo fields later this year and around US $ 14 million in 2019. The company said it will focus on the development of these gas... Continue Reading →

08/17/18 Started drilling for one more well in the Guanxuma prospect in the Santos Basin Equinor has started drilling a new well in the BM-S-8 block in the Santos Basin. The 1-STAT-10C-SPS or Guanxuma B T2, the nomenclature given by the company, is the fourth well perforated by the Norwegian oil company, which assumed the... Continue Reading →

Petroleo Brasileiro SA may abandon a plan to sell shares in Braskem SA, and could even double its stake in the petrochemical company it views as a natural hedge for oil prices. Petrobras, as the Rio de Janeiro-based company is known, is reassessing its petrochemicals strategy after having put its 4.3 billion-real ($1.1 billion) stake... Continue Reading →

Rio de Janeiro, August 16, 2018 – Petróleo Brasileiro S.A. – Petrobras informs that today the Administrative Board of Tax Appeals (CARF) issued a decision, unanimously, in favor of the company, in an fiscal administrative proceeding in the amount of R$ 8.4 billion, related to the moment of deductibility of expenses incurred by Petrobras in... Continue Reading →

08/15/18 Consortium operated by Petrobras receives in September proposals to provide drilling and completion services The Libra Consortium is expected to receive offers for construction of wells at the Mero 1 field in the Santos Basin pre-salt in September. The scope of the tender is for eight drillings, 15 completion facilities and one assessment. The... Continue Reading →

8/14/18 The works of the Comperj natural gas processing unit in Itaboraí (RJ), should count with 2.5 thousand and 3 thousand workers by the end of the year, said the director of development of Petrobras' production and technology, Hugo Repsold Júnior. According to him, the teams are already being mobilized. The expectation is that about... Continue Reading →

8/14/18 3D seismic mapping in Sergipe with GeoStreamer cables will be completed between October and November PGS has already acquired more than half of the approximately 8,500 km2 of multi-client seismic data acquisition campaign in deep waters of the Sergipe-Alagoas Basin, which will cover the SEAL-M-351, SEAL-M-428, SEAL-M-501, SEAL-M-503, SEAL-M-430 and SEAL-M-573 operated by ExxonMobil.... Continue Reading →

8/14/18 The start of production of the onerous assignment system by P-77 is scheduled for 2019 Petrobras requested from IBAMA the operating license for the development of the production and disposal of Búzios IV, which will be through FPSO P-77. So far, the field development project in the Santos Basin has already had four wells... Continue Reading →