French oil major Total has said it will “capture” 7 prospects operated by Chevron in in the deepwater Gulf of Mexico. The agreement covers 16 blocks. According to Total, the associated prospects are located in two promising plays and areas of the GoM: Wilcox in Central GoM next to the Anchor discovery, and Norphlet in... Continue Reading →

Ultra-deepwater drilling company Ocean Rig has informed that it has completed its debt restructuring. In a statement on Thursday, the company providing offshore drilling rigs to the international oil and gas industry, said that all the scheme conditions previously agreed with creditors and its rig-owning subsidiaries were satisfied, meaning that the company has now completed... Continue Reading →

ANP presents the publication of the booklet "Oil and Gas Opportunities in Brazil 2017 - 2019 Bidding Rounds" that provides information on the areas for exploration and production to be offered in the 14th, 15th and 16th Bidding Rounds in the concession regime and also the areas of the 2nd, 3rd, 4th and 5th Pre-Salt... Continue Reading →

Rio de Janeiro, September 21, 2017 - Petróleo Brasileiro S.A. – Petrobras, pursuant to the press release disclosed on June 23, 2017, informs that the extrajudicial mediation procedure with Sete Brasil Participações S.A. (“Sete Brasil”) – currently under Judicial Reorganization - has been initiated, for which the mediator chosen by the parties is Mr. Gustavo... Continue Reading →

Sept 19, 2017 Dommo Energia announces to its shareholders and market that, in an Extraordinary General Shareholders meeting on Sept 19, 2017, the change of  OGX Petroleo e Gas S.A. denomination was approved to Dommo Energia S.A. See attached DommoEnergia_eng

Following a recent deal to sell its oil business, Danish shipping giant Maersk has now reached an agreement to sell its Maersk Tankers unit. The company said on Wednesday it would sell the shares in Maersk Tankers to APMH Invest A/S (APMHI) for USD 1,171 mill. on a debt and cash-free basis. APMHI is a... Continue Reading →

A majority of Brazil’s Supreme Court rejected a request by lawyers for Michel Temer to suspend the criminal charges filed against him, a decision which may actually benefit the president by paving the way for a swift resolution to the case. The bulk of the court’s 11 judges voted to throw out the defense’s argument... Continue Reading →

French oil major Total which recently announced the acquisition of Maersk Oil for $7.45 billion, is also investing in energy efficiency and renewables businesses. The company on Tuesday announced a partnership with EREN Renewable Energy to expand its renewable business. On the same day, Total said it had acquired GreenFlex, a French company specialized in... Continue Reading →

Brazil’s new top federal prosecutor on Tuesday reshuffled the team of investigators in charge of pursuing the biggest corruption probe yet conducted in Latin America’s largest nation. Prosecutor General Raquel Dodge, who took over the post on Monday after the end of her predecessor Rodrigo Janot’s term, had previously invited all the members of Janot’s... Continue Reading →

  19/09/2017 The vessel "Abdias Nascimento" was delivered by the Atlantico Sul Shipyard to Transpetro and started operations on the 14 having its destination on its first trip to the Campos Basin. At 274 meters in length, the ship has a loading capacity of 1 million barrels of oil and is ready to operate in... Continue Reading →