Danish shipping giant Maersk Group might not sell its drilling division Maersk Drilling in 2018, as previously planned. According to a Reuters report on Wednesday, the Danish company which has so far offloaded Maersk Oil and Maersk Tankers might wait some more with the divestment of its offshore drilling business. Read more
Westwood: Best time to drill for oil and gas in years
Energy intelligence group Westwood feels that now is the best time to explore for oil and gas in the last decade. In an article written as an introduction to its State of Exploration report, Westwood said renewed optimism was the theme for exploration in 2018, driven by higher oil prices and improving exploration performance. Read... Continue Reading →
PGS licenses campaigns in the Santos and Campos Basins
May 10, 2018 PGS Offshore is licensing two campaigns to acquire non-exclusive seismic data in the Campos and Santos Basins. The campaigns cover the areas auctioned in round 14 and round 15 of the ANP, held in September last year and in March this year. In the two auctions 21 blocks were bought in the... Continue Reading →
Petrobras to contract contingency services for Manati
Petrobras has launched a tender to contract operation and maintenance services for advanced bases for emergency response in the Manati field in the Camamu Basin in Bahia. The scope includes the operation of six hydrocarbon spill response bases on the PMNT1 platform, the Manati gas pipeline and its shore-based support vessels. Among them are one... Continue Reading →
Petrobras Divestment in the Fertilizer Sector: Granting for exclusive negotiation
Rio de Janeiro, May 9, 2018 – Petróleo Brasileiro S.A. – Petrobras, further to the press release disclosed on 12/19/2017, informs the beginning of negotiations with Acron, with exclusivity for a period of 90 days, related to the sale of its total stake in Araucária Nitrogenados SA (Ansa) and the sale of its Nitrogen Fertilizer... Continue Reading →
Caskets Lie in the Way of $21 Billion in Petrobras Asset Sales
Every now and then, Anelise Lara has to pass a row of coffins laid out near Petrobras’s offices in Rio de Janeiro, where she runs the oil giant’s $21 billion divestment program. The caskets are a protest by workers fearful the assets she’s pushing to sell will go to foreign companies more focused on profits than... Continue Reading →
P-68 MAY SUFFER DELAYS AND FPSO CITY OF GOYTACAZES IS ON ITS TO TARTATUGA VERDE
May 08, 2018 The initial Petrobras plans to put eight platforms in operation in 2018, could undergo its first changes. Production and technology development director Hugo Repsold said that there is a possibility that the P-68 platform will start operations only in 2019. Despite the likelihood of extending the deadline, the executive stated that... Continue Reading →
Karoon upgrades forecast of shallow water reserves in Santos Basin
May 9, 2018 Karoon said on Tuesday that shallow water fields in the Santos Basin have between 46 million and 138 million barrels of contingent resources. The review of the reserves of Echidna and Kangaroo was made upon completion of further studies. The plan for the region is to install, in 2019, an FPSO with... Continue Reading →
Rolls-Royce to maintain Siem Offshore AHTS deck machinery
Rolls-Royce has signed a long-term service agreement with offshore vessel owner Siem Offshore for the maintenance of its deck machinery installations aboard 12 anchor handling vessels. Rolls-Royce said on Wednesday that the five-year maintenance inspection program (MIP) was the formalization of a cooperation agreement between the two companies. Read more
Brazil: No biogenic formation in our block, Total says
French oil major Total has said it found no evidence of “biogenic formation” in the Foz do Amazonas basin off Brazil, following reports that the Greenpeace has found “rhodolith beds” near the same area where Total plans to drill for oil. In a statement in mid-April, Greenpeace said that team of scientists onboard the Greenpeace Esperanza ship... Continue Reading →
Brazil Energy Insight 