(PetroNoticias) The Brazilian Institute for the Environment and Natural Resources (IBAMA) granted the operating license for Petrobras to carry out the multiazimuth 3D and 4D seismic survey activity in the Albacora, Marlim and Voador fields, in the Campos Basin. The license is valid for 4 months. The new survey could be carried out using the... Continue Reading →
CRP Subsea delivers ultra-deepwater DBMs in Brazil
CRP Subsea has delivered more than 140 Distributed Buoyancy Modules (DBMs), said to be the biggest in the world, for the ultra-deepwaters in Brazil. In the ultra-deepwaters, the DBMs will be creating steel lazy wave riser (SLWR) configurations, protecting steel pipelines from stress and fatigue, CRP Subsea said. The project incorporates several rigid SLWR pipelines... Continue Reading →
Pemex restores oil output suspended after fatal fire
Mexican national oil and gas company Pemex has restarted production from its Ku-Maloob-Zaap complex, located offshore Mexico, following a shutdown due to a fatal incident earlier in August. The fire erupted on the E-Ku-A2 platform located in the Bay of Campeche in the Gulf of Mexico on Sunday, 22 August 2021. The incident resulted in the deaths of five... Continue Reading →
CADE APPROVES SALE OF PETROBRAS PARTICIPATION IN THE PAPA-TERRA FIELD TO 3R PETROLEUM
(PetroNoticias) The Administrative Council for Economic Defense (CADE) approved the sale of Petrobras' 62.5% stake in the Papa-Terra field to 3R Petroleum. The $105.6 million transaction was announced in July this year. Of the total, US$ 6 million were paid in cash, while another US$ 9.6 million will be paid when the deal is closed.... Continue Reading →
Third time’s a charm? ExxonMobil Spuds Sapote-1 Well in Canje Block, Offshore Guyana
U.S. oil major ExxonMobil has spudded the Sapote-1 well on the Canje Block, offshore Guyana. This is the company's third well in the block drilled this year. The first two wells, Bulletwood-1 and Jabillo-1, failed to find evidence of commercial hydrocarbons. The news of the drilling startup was shared by Eco Atlantic, which, in turn, was informed of... Continue Reading →
THE GOVERNMENT SEES URGENCY TO ALLOW THE CONCESSION REGIME IN THE PRE-SALT POLYGON TO MAKE NEW PROJECTS FEASIBLE
The Program for the Improvement of Oil and Natural Gas Exploration and Production Tenders (BidSIM) came to the conclusion that it is "urgent" to change the law to allow the concession regime within the so-called pre-salt polygon . According to the final reports of the program, the measure is necessary to increase the attractiveness of... Continue Reading →
Petrobras announces redemption of two series of Notes
Petróleo Brasileiro S.A. – Petrobras (“Petrobras”) (NYSE: PBR) announces that its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”) has delivered notices of redemption to the holders of the outstanding 4.250% Global Notes due 2023 (“4.250% Notes”) and 4.375% Global Notes due 2023 (“4.375% Notes” and, together with the 4.250% Notes, the “Notes”). Title of SecurityCUSIPISINCommon... Continue Reading →
Petrobras on the petrochemical segment
Petróleo Brasileiro S.A. – Petrobras informs that, following up on the releases disclosed on June 8, 2021, August 9 and August 20, 2021, it maintains its position of seeking the full sale of its interest in Braskem and is monitoring the process of divestment of the stake held by Novonor. As part of its active... Continue Reading →
Deepwater rigs vulnerable to cyber attacks
(Offshore) Cyber defense provider Naval Dome and a major international operating company have completed a joint two-year project to identify and mitigate cyber risks common to deepwater drilling rigs. The project’s findings indicate that the minimum industry guidelines, regulations, and security techniques are out of step with current platform technology, connectivity requirements, and cyber-attack methodology. It culminated in... Continue Reading →
CGX to Drill Another Well in Guyana Using Maersk Discoverer Rig
CGX Resources has exercised an option to drill one more exploration well offshore Guyana using Maersk Drilling's Maersk Discoverer drilling rig, the Danish drilling firm has confirmed. CGX, which started drilling a week ago at its first well - the Kawa-1 - in the northeast quadrant of the Corentyne block, about 200 kilometers offshore from Georgetown,... Continue Reading →