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ANP director Chambriard: co-operation 'fundamental' to agency Reuters/Scanpix By Gareth Chetwynd in Rio de Janeiro 26 October 2016 20:26 GMT Brazil's National Petroleum Agency (ANP) has signed a memorandum of understanding with the UK Oil & Gas Authority aimed at promoting greater co-operation on regulatory questions. The MoU was signed during Rio Oil & Gas... Continue Reading →
Business friendly: head of Brazil's Investment Partnership Programme,"rio oil" Wellington Moreira Franco Agencia Ponto/IBP By Kathrine Schmidt in Rio de Janeiro 26 October 2016 20:39 GMT A key official in the administration of Brazilian President Michel Temer took the stage at Rio Oil & Gas to pledge support for oil and gas investment in Brazil... Continue Reading →
Subsea work: in sight for Aker DNV GL Steve Marshall 27 October 2016 07:20 GMT Aker Solutions has inked a pair of global framework agreements with BP to supply subsea production systems at new field projects to be developed by the British supermajor worldwide. The first five-year deal covers potential engineering, procurement and construction contracts... Continue Reading →
Statoil ASA, the first of the major oil producers to report third-quarter earnings, posted an unexpected loss for a second quarter in a row as maintenance and exploration expenses compounded the impact of lower crude and gas prices. The company also deepened spending cuts. The adjusted loss, which excludes financial and other items, was $261 million, compared... Continue Reading →
Rio de Janeiro, October 26, 2016 – Petróleo Brasileiro S.A. – Petrobras informs that it will release its 3rd quarter 2016 results on November 10th, after the market is closed. Therefore, between October 27th and November 10th, the Company will be in quiet period, during which Petrobras will not be able to provide clarifications or... Continue Reading →
GE Oil & Gas: opportunities 'for the taking' in Brazil By Fabio Palmigiani in Rio de Janeiro 25 October 2016 22:32 GMT GE Oil & Gas has unveiled its next generation of flexible risers using carbon fibre thermoplastic materials, as the company continues to invest in the development of new technologies and applications for ultra-deep... Continue Reading →
AGENCIA PONTO/IBP 24 October 2016 12:47 GMT By Mark Hillier and Gareth Chetwynd in Rio de Janeiro 26 October 2016 14:39 GMT French giant Total is aiming to give the green light before the end of this year to plans to kick off exploration drilling in the first half of 2017 in Brazil's frontier Foz... Continue Reading →
Stena Carron: is still on location at Liza 3 Noah Brenner 26 October 2016 13:54 GMT A key appraisal of ExxonMobil’s large Liza oil discovery offshore Guyana was successful, further boosting the resource estimate for what was already the largest oil discovery of 2015, as the partners eye a project sanction next year. The drillship... Continue Reading →
Agencia Ponto/IBP By Fabio Palmigiani in Rio de Janeiro 26/10/2016 Brazilian federal environmental regulator Ibama wants to speed the process of issuing licenses for oil and gas projects, partially ending bureaucratic procedures that locked investments in the sector for far too long. According to Ibama licensing director Rose Mirian Hofmann, the regulator identified approximately... Continue Reading →
Carcara: More than 2 billion barrels up for grabs PETROBRAS By Gareth Chetwynd 25 October 2016 22:16 GMT The portion of the Carcará discovery that overlaps onto open acreage has close to 2.2 billion barrels of oil equivalent in place, meaning bidders in the promised 2017 licensing round can chase the right to produce about... Continue Reading →
