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Scientists generally estimate that to hold the rise in global average temperature to 1.5 degrees Celsius over the preindustrial baseline — a “safe” level of warming — humanity must stabilize the atmospheric concentration of carbon dioxide at around 350 parts per million. This year, we reached about 410 ppm. There is already too much CO2... Continue Reading →
Sept 6, 2019 Petrobras, following up on the release dated 07/03/2019, reports the beginning of the binding phase to sell all of its stakes in 14 onshore exploration and production concessions, located in the state of Bahía, jointly called Recôncavo Cluster. Qualified parties for this phase will receive a process letter with detailed instructions on... Continue Reading →
Sept 6, 2019 Petrobras, following up on the release dated 06/11/2019, reports the beginning of the binding phase to sell all of its stakes in 27 onshore exploration and production concessions, located in Espírito Santo, jointly called Cricaré Cluster. Qualified parties for this phase will receive a process letter with detailed instructions on the divestment... Continue Reading →
Sept 6, 2019 ANP is expected to publish this Friday (6) the announcement of the auction of surplus of the Transfer of Rights, another step towards meeting the goal of holding the auction on November 6. - Yesterday, the agency's board of directors concluded the installation of the special bidding commissions (CELs) of the transfer... Continue Reading →
Sep 04, 2019, The Brazilian Senate has approved an agreement for the transfer of rights over a disputed group of oil fields that would see state energy giant Petrobras get US$9 billion in compensation. Reuters reports the agreement also involves payouts to oil-producing states. These will come from the expected proceeds from auctions of the... Continue Reading →
Sept. 6, 2019 SBM Offshore and ExxonMobil signed a Long-Term Agreement covering potential future FPSO orders. This agreement is non-exclusive and establishes the general legal framework and specific terms in relation to the engineering, procurement, construction and installation work regarding potential future contracts relating to leased FPSOs, which includes BuildOperate-Transfer projects that generally cover a... Continue Reading →
September 5, 2019 The ANP publishes on its portal, as of today, the annual forecasts for oil and natural gas exploration activities for 2019. The data can be accessed on the Production and Activities Forecast page. The forecasts include: drilling of exploratory wells on land and sea, 2D and 3D seismic activities and their budgets.... Continue Reading →
A middleman in a graft scheme at Brazilian state oil company Petrobras has implicated the chairman of global energy trading firm Vitol in a bribery operation to obtain oil contracts, as well as two high-ranking executives at rival Trafigura and its former CEO, according to plea bargain testimony seen by Reuters. The individuals named in... Continue Reading →
04 Sep, 2019 To drive the Digital Transformation program, Ocyan has signed a deal with Intelie, a Brazilian subsidiary of the US group RigNet, to acquire the Intelie Live platform. It will be used at the Decision Support Center (CSD), an intelligence and operations space of the company's Drilling Unit (UN-P), at Macaé Base (RJ).... Continue Reading →
Sept 05, 2019 Spectrum Geo has requested from Ibama authorization to conduct the third phase of 2D seismic data acquisition in the Pelotas Basin. Scheduled to start in June 2020 and end in December of the same year, the campaign will be carried out with the BGP Pioneer from Chinese BGP. The survey will comprise... Continue Reading →
