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26 giugno 2018 - 17.22 (Bloomberg) -- After hitting rock bottom in the past two years, global oil and natural gas exploration is picking up again. But it’s still far from replacing what’s being produced. Companies are likely to drill 3 percent more offshore exploration wells this year and boost the number by another 8... Continue Reading →
Rio de Janeiro, June 26, 2018 – Petróleo Brasileiro S.A – Petrobras informs that its Board of Directors, at a meeting held today, appointed the engineer Rafael Salvador Grisolia to the position of Chief Financial and Investor Relations Officer of the company, with an office term until March 26, 2019, the same term of the... Continue Reading →
Warburg Pincus- and EIG Global Energy-backed firms have placed bids for shallow water mature oilfields being sold by Brazil’s state-controlled producer Petroleo Brasileiro SA (PETR4.SA), five sources said, as the private equity firms seek to carve out a presence in Latin America’s top oil producer. EIG Global Energy Partners would provide equity backing for a... Continue Reading →
Russian Rosneft discovered new signs of natural gas in the SOL-T-169 concession, in the Solimões Basin, in the Amazon, from the well 1-RNB-2A-AM. It is the first discovery notified by the oil company to the National Agency of Petroleum, Natural Gas and Biofuels (ANP), since the company took over the operation at Solimões in... Continue Reading →
General Electric on Tuesday it will spin off its health-care business and divest its stake in oil-services company Baker Hughes, leaving the once-sprawling conglomerate focused on jet engines, power plants, and renewable energy. The changes aim to reward battered shareholders and strengthen GE's balance sheet by reducing debt, building up cash and further shrinking GE Capital, GE... Continue Reading →
Offshore oil and gas explorer Kosmos Energy has found no hydrocarbons in the Anapai-1A exploration well located in Block 45 offshore Suriname. Kosmos said on Tuesday that Anapai-1A was drilled to a total depth of 4,556 meters and was designed to test lower Cretaceous reservoirs in a structural trap on the flank of the basin.... Continue Reading →
Offshore drilling contractor Diamond Offshore in cooperation with Data Gumbo has launched what it says the first application of blockchain technology in the offshore drilling industry. The driller, which owns a fleet of 17 offshore drilling rigs, said on Monday that its services, named Blockchain Drilling, “drives efficiencies and enables oil and gas operators to... Continue Reading →
Port project licensing opens roads for consolidation of roads and logistics complex A new oil route, which accompanies the development of the national offshore market, begins to consolidate in Macaé, through projects that aim to reinforce the importance of the municipality within the scenario of oil and gas activities, not only in the post... Continue Reading →
Rio de Janeiro, June 25, 2018 – Petróleo Brasileiro S.A. – Petrobras informs that last Friday, 06/22/2018, it started production of Tartaruga Verde field, in deep waters of Campos Basin, by means of FPSO Cidade de Campos dos Goytacazes. The FPSO is located about 127 km off the coast of the state of Rio de... Continue Reading →
Rio de Janeiro, June 25, 2018 - Petróleo Brasileiro S.A. - Petrobras, following up on the disclosure made on March 1, 2018, informs that the agreement to settle the Class Action in the United States was approved this past Friday, June 22, 2018, as final, by the Federal District Court in New York. The decision... Continue Reading →
Brazil Energy Insight 