Dutch marine engineering group SBM Offshore said on Thursday a Brazilian court had ordered Petrobras to provisionally withhold some payments to SBM to ensure the Dutch company pays whatever penalties it may receive in a corruption case. Read more
Petrobras and CNPCI sign Heads of Agreement to promote investments in Comperj Refinery and Marlim Cluster
Rio de Janeiro, July 4, 2018 - Petrobras and China National Petroleum Corporation International (CNPCI), a wholly-owned subsidiary of CNPC, inform that today they signed a Heads of Agreement (“HoA”), advancing in the negotiations on a Strategic Partnership, as disclosed to the market on July 4, 2017. The HoA defines the assets that are part... Continue Reading →
Shell seismic license for the Santos Basin pre-salt
July 3, 2018 Shell began licensing a campaign to acquire seismic data in the exploratory blocks area BM-S-54, which is the discovery of Gato do Mato, and the South of Gato do Mato, an area sold to the Shell consortium and Total in the 2nd pre-salt auction held in October last year. The oil... Continue Reading →
PETRORECONCAVO TO DRILL TEN NEW WELLS IN 2018
07/04/18 PetroRecôncavo plans to drill 10 wells this year. the company completed the drilling of the sixth of them this week, at the Cassarongongo field, one of the 12 that it operates for Petrobras through production contracts in the Recôncavo Basin. Discovered in 1959 in Bahia, Cassarongongo produced 1,798 bopd and 4,445 m3 / day... Continue Reading →
Brazil – 57 blocks have exploratory periods expiring in 2019
07/04/18 Brasil Energia Petroleum reported last week that Eneva plans to start drilling in its blocks of the 13th ANP Round in 2019. The company is one of the 19 asset operators with the first exploratory period to expire next year, according to data from the regulatory agency. In all, 57 blocks of rounds 11,... Continue Reading →
Petrobras will resume Comperj with China’s CNPC/Participation in Marlim Complex
July 4, 2018 Petrobras announced that it has signed a letter of intent with the China National Petroleum Corporation (CNPC) to evaluate the completion of the Comperj refinery in Itaboraí, Rio de Janeiro, and a participation of the Chinese in the project of the complex of Marlim, which covers the fields of Marlim, Voador,... Continue Reading →
Shell has 65% local content in top 20 contracts in Brazil
4 Jul 2018 Oil companies operating in Brazil begin to show data on purchases of domestic equipment and services as a demonstration that the local content rule has not lost its importance. After Equinor (formerly Statoil), Shell said yesterday that it bought R $ 700 million annually, on average, in the company's 20 largest... Continue Reading →
Equinor buys Barra’s Carcara stake for $370 million
Norway’s Equinor will buy Barra Energia’s ten percent interest in the BM-S-8 license in Santos basin, offshore Brazil. Equinor on Wednesday said the acquisition would enable “Equinor and its partners to fully align interests across the two licenses for the Carcará area.” In early June Equinor, ExxonMobil and Galp completed transactions in BM-S-8 to start... Continue Reading →
Pump failure stops output from Dommo Energia’s well
Brazilian oil company Dommo Energia, formerly known as OGX, has stopped production from the 7-TBMT-2HP well located in Tubarão Martelo field off Brazil for an undetermined period. Dommo Energia said on Monday that the interruption occurred on June 29 due to a failure in the submersible centrifugal pump. Read more
Ex-Brazil tycoon Batista handed 30-year sentence for corruption
Eike Batista, the former mining and oil magnate who was once Brazil’s richest man, was convicted and sentenced to 30 years in prison for bribing Rio de Janeiro state’s disgraced ex-governor, according to a court document published on Tuesday. Read more
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