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(OE) Dutch FPSO specialist SBM Offshore on Tuesday announced the arrival of the FPSO Prosperity at the Stabroek Block offshore Guyana. The FPSO traveled just over 11,000 nautical miles – or just over 20,000 kilometers - from Singapore to Guyana in just under 50 days. On track for first oil later this year, Prosperity becomes... Continue Reading →
A new record for the successful history of the Brazilian pre-salt. The National Petroleum Agency (ANP) announced that production in the layer in February totaled 3.268 million barrels of oil equivalent per day, growth of 2.3% compared to January. The volume surpassed the previous record of 3.142 million barrels of oil equivalent per day, recorded... Continue Reading →
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”) (B3: RRRP3) informs its investors and the market in general regarding the release of the Reserves Certification Report, base date of December 31, 2022, (“Certification 2023”), prepared by independent expert consultancy DeGolyer and MacNaughton, referring to the assets that form its portfolio. The Company highlights that... Continue Reading →
Petro Rio S.A. (“Company” or “PRIO”) (B3: PRIO3), informs its shareholders and the market in general of the start of production of the 7-FR-61HP-RJS (“N5P2”) well, in the Frade Field (“Field” or “Frade”), with stabilized initial production of approximately 11,000 barrels of oil per day, above original projections. Thus, the Field has reached 50,000 barrels... Continue Reading →
(OEM) Chinese shipbuilder COSCO Shipping Offshore Engineering has held a groundbreaking ceremony in Qidong for the construction of a floating, production, storage and offloading (FPSO) vessel, which is destined to work for Petrobras in the Santos Basin pre-salt area offshore Brazil. The Chinese company says that it held the groundbreaking ceremony for the P-82 FPSO, which it describes as “the... Continue Reading →
Petro Rio S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices incorporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of March. Key: (1) The figures refer to PRIO's 90% interest in Albacora Leste, assuming production throughout the month. As the acquisition’s closing happened on January 26, 2023, the field... Continue Reading →
SBM Offshore is pleased to announce it has signed the project financing of FPSO Almirante Tamandaré for a total of US$1.63 billion. The project financing is provided by a consortium of 13 international banks with insurance cover from 4 international Export Credit Agencies (ECA). The financing is composed of five separate facilities with a ca.... Continue Reading →
Brazilian oil company Enauta Participações has concluded the production ramp-up of the new well in its Atlanta field offshore Brazil., Enauta had said earlier this week that it had connected the new well 7-ATL-5H-RJS (“5H”) to the FPSO Petrojarl I. The production was at the time still in the production ramp-up phase, at around... Continue Reading →
(PN) Karoon made another advance in its Patola field, located in block BM-S-40, in the Santos Basin. The Australian operator stated that it has started production from the field's second well (PAT-1), at an initial rate of more than 12,000 barrels of oil per day. The total production of the BM-S-40 block is now over... Continue Reading →
(PN) A new and important step by Enauta in its drilling program in the Atlanta field, in the Santos Basin. The operator announced today that well 7-ATL-5H-RJS (also called 5H) was connected to FPSO Petrojarl I and entered into operation. The new well is in the ramp-up phase, which should be completed by next weekend.... Continue Reading →
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