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November 14, 2019 ANP projects that production in pre-salt fields will help raise revenues to the public coffers by R$ 300 billion a year, setting a new level that will require greater responsibility in the application of resources The fields auctioned in the TOR and the 6th Pre-Salt Round will help boost the sector’s annual... Continue Reading →
Nov 13, 2019 Shell International Trading Middle East Limited has signed a commitment agreement with Hidrovias do Brasil to supply LNG to the Vila do Conde thermal power plant (UTE), which the Brazilian company intends to build in Barcarena, Pará. The agreement with the Anglo-Dutch oil company subsidiary foresees fuel supply for 25 years, if... Continue Reading →
November 14, 2019 Highlights Increase in full year Directional[1] EBITDA guidance to around US$800 million Increase in full year Directional Revenue guidance to around US$2.1 billion Year-to-date Directional revenue at US$1,470 million Projects progressing in line with clients’ schedules Third Fast4Ward® hull allocated to ExxonMobil Payara development Directional Net Debt of US$3.1 billion at end of... Continue Reading →
UK oil company Premier Oil has extended the bid deadline for its interest in the giant Zama field offshore Mexico as “to accommodate levels of interest,“ for which Premier says are significant. The Zama discovery – dubbed one of the largest shallow-water finds in decades – was made in 2017 by the U.S. oil company... Continue Reading →
Italian oilfield contractor Saipem has been awarded a subsea contract by ExxonMobil for the proposed Payara development project located in the Stabroek block offshore Guyana at a water depth of around 2000 metres. The contract scope includes subsea structures, risers and flowlines, Saipem said on Thursday. Saipem was earlier awarded subsea contracts for the first... Continue Reading →
November 13, 2019 Petróleo Brasileiro S.A. - Petrobras, following up on the release dated 09/13/2019, reports on the beginning of the binding phase regarding the sale of its stakes in two onshore concessions, including offloading facilities named Cupiúba and Carapanaúba Cluster, located in the state of Amazonas. Qualified parties for this phase will receive invitation... Continue Reading →
Flexential is expanding its FlexAnywhere offering with providing customers direct access to Seaborn Networks’ transoceanic platform for the low latency, high-speed, 72-terabits-per-second connection to Latin America. The Latin American subsea cable, called Seabras-1, links New York/New Jersey, U.S. to Sao Paulo, Brazil. Continue reading
The Peregrino C topside and living quarters have set sail for its namesake field offshore Brazil from Texas and Norway, respectively. Equinor published a video of the topside’s sail-away onboard Heerema’s H-541 cargo barge on its YouTube channel on Tuesday, November 12. According to the company, it will take the topside more than a month... Continue Reading →
NOV 13, 2019 The year 2019 is approaching its end and Brazil has not yet filed any declaration of commerciality of oil and gas areas. In addition, the country is experiencing a decline in the number of these statements over the last few years. Consulted by the Petronotícia, the National Petroleum Agency (ANP) says that... Continue Reading →
Nov 13, 2019 The purchase of the Lagoa Parda Cluster by Imetame is approved by Cade, without restrictions. The set of three fields in Espírito Santo was 100% sold by Petrobras, for R $ 9.4 million. Deal was signed on October 11th. The current average production of the cluster is 300 barrels of oil per... Continue Reading →
