7/23/18 Projects of regasification terminals for liquefied natural gas (LNG) under study can add to the country a regasification capacity of up to 153 million m³ / day, considering the expansion of the Açu Port terminal. EPE data show that there are 15 projects in different stages of maturation, from those that are still in... Continue Reading →
Equinor should become the first non-Petrobras operator to drill in the sharing regime area
7/23/18 Equinor plans to start its first drilling campaign under the sharing regime in August. The plan for the Norwegian oil company is to demobilize the Seadrill West Saturn rig from the Carcará area to the neighboring block of Norte de Carcará, acquired in the second round of sharing. But this campaign still depends on... Continue Reading →
Exxon boosts Guyana block resource estimate to 4 billion barrels
ExxonMobil has boosted its estimate of recoverable oil in its offshore Guyana block to 4 billion oil-equivalent barrels, up from the previous estimate of 3.2 billion oil-equivalent barrels. Apart from lifting its resource estimate of the giant Stabroek offshore block where it is already developing the first phase of the Liza field, ExxonMobil said on Monday it... Continue Reading →
Marlim Sul has concession contract extended until 2052
July 23, 2018 The semi-submersible P-56 was the last platform to start operating in Marlim Sul.Picture: Courtesy PAC The ANP's board approved the extension of the concession contract for the Marlim Sul field in deep waters of the Campos Basin for 25 years. With the decision, Petrobras could produce in the region until 2052. The... Continue Reading →
Keppel wins $51M in FPSO, FSRU contracts
Singapore’s Keppel Offshore & Marine Ltd has through its subsidiaries been awarded two contracts with a combined value of about S$70 million (USD 51 million). Japanese FPSO specialist Modec has hired Keppel’s Brazilian subsidiary, Keppel FELS Brasil, to build and integrate the topside module of the FPSO Carioca MV30, marking the sixth FPSO collaboration between... Continue Reading →
Spectrum begins 3D seismic shoot in Brazil’s Santos Basin
Seismic survey specialist Spectrum has begun a 10,000 square kilometer 3D multi-client seismic project over the Southern Santos Basin in Brazil. Spectrum said on Monday that the survey covered an area south of the major oil and gas discoveries in the Santos Basin and the recent highly sought after blocks offered in Rounds 2, 3,... Continue Reading →
Petrobras Sale of Concessions in the Deepwater Sergipe Basin: Start of the binding phase
Rio de Janeiro, July 20, 2018 – Petróleo Brasileiro S.A. – Petrobras, further to the material fact of 05/23/2018 , informs the beginning of the binding phase related to the partial sale, without transfer of operatorship, of its exploration, development and production rights in four concessions, BM-SEAL-4, BM-SEAL-4A, BM-SEAL-10 e BM-SEAL-11, located in the Deepwater... Continue Reading →
Brazil’s Alckmin firms presidential bid with centrist coalition
Business-friendly Brazilian presidential candidate Geraldo Alckmin got the strongest boost yet to his campaign as a centrist coalition agreed to back him, putting forth a potential vice-presidential pick who confirmed the pact on Friday. Read more
Permanent Offer starts with 89 onshore blocks and 59 offshore blocks
July 20, 2018 The ANP made available for a Permanent Offer the bidding document and the contract draft, 148 exploratory blocks in eight sedimentary basins, 89 of which are onshore and 59 offshore. There are 64 blocks in a new exploratory frontier, 36 in high potential areas and 48 mature ones. The Recôncavo Basin,... Continue Reading →
Baker Hughes books loss in second quarter
Oilfield services company Baker Hughes, a GE company, recorded a net loss during the second quarter of 2018 while its revenues were up by 2 percent. Baker Hughes, which completed its merger with GE’s Oil & Gas division in July 2017, on Friday said that its orders for the second quarter of 2017 were $6... Continue Reading →
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