Equinor makes new discovery in BM-S-8

7/18/18 Norwegian oil company found oil in the Guanxuma prospect in the Santos Basin pre-salt Equinor made a new discovery in block BM-S-8, in the pre-salt of the Santos Basin. According to a notification to the ANP on July 13, oil was found in well 1-STAT-10A-SPS, in a water depth of 1,990 m. Conducted by... Continue Reading →

Report: Ex-Vantage Drilling CEO charged with corruption in Brazil

Brazilian prosecutors have charged former Vantage Drilling CEO Paul Bragg of corruption and money laundering. The prosecutors claim Bragg paid $31 million to Petrobras employees in exchange for drilling contracts, O’ Globo reports. According to reports, former Petrobras international branch director Jorge Zelada, and manager Eduardo Vaz Musa took the bribes. Read more

ANP receives local content adjustment requests

7/17/18 ExxonMobil, Sonangol and Maha Energy requested ANP to change the local content of their contracts in the Ceará, Potiguar and Recôncavo basins, involving a total of 11 blocks (nine onshore and two offshore). The new requests were sent at the end of last week and are being evaluated by the Local Content Superintendent of... Continue Reading →

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