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June 28, 2019 The ANP opened the First Cycle of the Permanent Offer with the approval, by the Special Bidding Commission (CEL), of the offer guarantee accompanied by a declaration of interest in one of the areas offered by one of the companies already registered to participate. The public session for the presentation of First... Continue Reading →
The Cabiúnas 1 consortium, owner of the Rota 2 gas pipeline, was authorized to increase the capacity of the natural gas from pre-salt fields to 16 million m³ / day for the Cabiúnas processing unit in Macaé (RJ) ). Owned by Petrobras, Shell, Petrogal and Repsol Sinopec, Rota 2 started the operation in 2016... Continue Reading →
July 1, 2019 CGG received a permit from IBAMA to conduct a seismic campaign to acquire 35,806 km2 of seismic data in the Santos Basin. The license, issued last week, is valid until March 31, 2020. The company's forecast is for the campaign to use the Geo Caribbean vessel. The Santos Phase IX project will... Continue Reading →
June 29, 2019 Perenco sees the possibility of extending the production of the Carapeba, Pargo and Vermelho fields in shallow waters of the Campos Basin that have been producing for the least 20 years. The company understands that it is feasible to reactivate at least 50 wells in the fields, according to Operations Manager, Guillaume... Continue Reading →
BW Offshore said on Monday that all the changes within the executive management team were effective immediately. The company added that Marco Beenen assumed the position of BW Offshore’s CEO. He previously served as the chief operation officer (COO) of the company since 2016. Also, Ståle Andreassen was chosen to be the chief financial officer... Continue Reading →
Oil major Shell has hired offshore helicopter provider CHC to support its exploration and appraisal work offshore Brazil. CHC said Friday that its Brazilian subsidiary CHC Brazil would be supporting Shell’s operations at the Brava Star platform supporting the Gato do Mato and Alto de Cabo Frio fields. Continue reading
Activist investor Carl Icahn is pushing to oust and replace four directors at Occidental Petroleum’s board over what he recently labeled a misguided “bet-the-company” acquisition of Anadarko by Oxy in which he owns shares. The 83-year-old whose net worth has been estimated at around $18 billion, has previously slammed Oxy over its decision to pay... Continue Reading →
-GeoPark Limited (“GeoPark” or the “Company”) (NYSE: “GPRK”), a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Peru, Argentina, Brazil, Chile and Ecuador today announced the expansion of its portfolio in Colombia following the successful Agencia Nacional de Hidrocarburos (ANH) bid round in June 2019.... Continue Reading →
June 27, 2019 Gas Natural Açu (GNA Açu), a joint venture formed by Prumo Logística, BP and Siemens, is studying the possibility of building a natural gas liquefaction plant at Porto do Açu Port. The interest is motivated by the prospect of increased volumes produced in the pre-salt. "We can have a plant to export... Continue Reading →
June 27, 2019 The ANP will hold on September 10 the auction to offer areas for the first cycle of the permanent offer, which will tender offshore and onshore exploratory blocks already tendered or returned. The first cycle will open on Thursday, 27 of Sept , and companies interested in participating have until July 17... Continue Reading →
Brazil Energy Insight 