Rio de Janeiro, November 28, 2018 - Petróleo Brasileiro SA - Petrobras announces that it has signed with Perenco the contracts for the transfer of Petrobras' total participation in the Pargo, Carapeba and Vermelho fields, called the Northeast Pole, located in shallow waters off the coast of the state of Rio de Janeiro. The assets... Continue Reading →
Petrobras Material Fact – Assignment of participation in 34 terrestrial fields in Rio Grande do Norte
Rio de Janeiro, November 28, 2018 - Petróleo Brasileiro SA - Petrobras informs that the Board of Directors approved, yesterday, the assignment of its total participation in 34 terrestrial production fields, located in the Potiguar Basin, in the state of Rio Grande do Norte , to the company 3R Petroleum. The assets The 34 concessions... Continue Reading →
Guyana: Total completes Orinduik block farm-in
French oil major Total has completed the acquisition of a 25 percent working interest in the Orinduik block offshore Guyana. Total had an option to acquire a 25% working interest in the block from Eco Atlantic, one of the partners in the Tullow-operated block. The French company exercised the option in September 2018. Read more
Petrobras-Oil and natural gas production in October
Rio de Janeiro, November 27, 2018 - Petróleo Brasileiro SA - Petrobras informs that in October its total production of oil and gas, including natural gas liquids (NGL), was 2.66 million barrels of oil equivalent per day (boed), 2.54 million boed produced in Brazil and 119 thousand boed abroad. The total operated production of the... Continue Reading →
Exclusive: Brazil oil tanker collision reveals offshore regulatory gaps
Brazil has more than doubled the number of risky ship-to-ship oil transfers this year, but its monitoring of such offshore maneuvers is lax, to a point where a July 2017 collision between two tankers was not reported, according to a Reuters review of government and shipping records. Transfers are projected to keep rising as the... Continue Reading →
Spectrum receives authorization from ANP for extension of seismic campaign
1/27/18 Spectrum was authorized by ANP to extend the multi-client 3D seismic survey in the southern region of the Santos Basin, close to pre-salt discoveries. The area of the campaign is 14.800 km ². The survey is being done in an area that covers blocks offered in the 2nd, 3rd, 4th rounds of the pre-salt... Continue Reading →
Seadrill’s 4Q starts with rig deals in U.S. and Malaysia
In a quarterly report on Tuesday, Seadrill said Petronas recently awarded the West Carina drillship a two-well contract in Malaysia starting in December 2018 for two wells, adding approximately $29 million in backlog. The contract is expected to end in May 2019. The West Carina, built in 2014, is the 6th generation ultra-deepwater drillship with operational... Continue Reading →
EQUINOR AND GRANENERGIA SIGN A LOGISTICS AGREEMENT FOR PEREGRINO II, IN THE BACIA DE CAMPOS
November 26, 2018 Equinor and the Brazilian company GranEnergia have signed a contract for the Offshore Hosting Services for the Peregrino II Offshore Brazil Project. Peregrino is Equinor's largest operation outside of Norway and has a production capacity of 100,000 barrels of oil per day. The field is located approximately 85 km off the coast... Continue Reading →
Worker dies in accident on Petrobras platform offshore Brazil, union says
An offshore oil worker has died on the Petrobras-owned PNA-2 platform located in the Campos Basin offshore Brazil, according to Brazilian oil workers’ union, Sindicato dos Petroleiros do Norte Fluminense (Sindipetro). Read more
WoodMac: Return of cyclical inflation could see deepwater cost reduction come to a close
Impending cyclical cost inflation could raise break-even costs in an otherwise healthy deepwater industry, energy analytics company Wood Mackenzie said in its latest report. In a report published on Tuesday, WoodMac said that the deepwater industry appears in good health, following a sustained cost reduction through the downturn. However this hard work, according to the... Continue Reading →
