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(PetroleoHoje) Petrobras will extend the term of the charter contract for the Petrobras 10.000 drillship, operated by Transocean. The two companies closed an agreement for another two years. The information was confirmed by sources from PetroleoHoje. According to an investigation, the value of the drilling unit's charter rate was kept unchanged, at around US$300,000/day. The... Continue Reading →
The floating production storage and offloading (FPSO) vessel Carioca MV30 has set sail from the Brasfels shipyard in Angra dos Reis towards Petrobras’ Sépia field in the Santos Basin pre-salt. The vessel will be the largest FPSO-type unit to operate in Brazil, with a daily capacity to process 180,000 barrels of oil (bpd) and 6... Continue Reading →
Russian oil company Lukoil has agreed to acquire a 50% operator stake in the Area 4 project offshore Mexico. The transaction value is $435 million-plus expenditures incurred in 2021 as of the transaction completion date. The completion of the transaction is subject to certain conditions, including approval by the Mexican authorities. The project includes two... Continue Reading →
(OE) ExxonMobil's Jabillo-1 offshore well in Guyana's Canje Block has reached the planned target depth, however, without finding evidence of commercial hydrocarbons, Exxon's partners in the block said Monday. The Jabillo-1, drilled by the Stena Carron drillship will now be plugged and abandoned. The Jabillo-1 well was drilled to test Upper Cretaceous reservoirs in... Continue Reading →
(Bloomberg) --Oil majors are gearing up to explore off the coast of Colombia, offering hope to a country struggling to reverse declines in reserves and output of its biggest export. Royal Dutch Shell Plc is planning to drill this year in the Caribbean, while Exxon Mobil Corp., Repsol SA and state-controlled Ecopetrol SA will follow... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has started the opportunity disclosure stage (teaser) for the sale of its total stakes in the exploratory blocks belonging to the PAR-T-175_R14, PAR-T-198_R12, and PAR-T-218_R12 Concessions, located onshore in the Paraná Basin. The teaser, which includes key information about the opportunity, as well as the eligibility criteria... Continue Reading →
(Reuters) - Brazil's government is weighing an immediate cut in taxes on company profits by 5 percentage points, and may double that to a 10-percentage-point reduction, Economy Minister Paulo Guedes said on Thursday. That would signal a far more aggressive stance from the government's tax reform bill delivered to Congress only last week, which envisages... Continue Reading →
(Reuters) - Oil companies are betting that if they sell land, buyers will come, as crude prices have soared more than 50% this year, fueling the most robust pipeline of deals in more than four years. Large oil companies are unloading properties from Texas to California, with some using the market rally as a chance... Continue Reading →
(PetroNoticias) Sembcorp Marine, through its wholly-owned subsidiary Estaleiro Jurong Aracruz (EJA), won an Addendum to the Tupi BV Contract valued at approximately US$ 175 million for modification works to be completed on FPSO P-71. Originally designed for the Tupi field, the FPSO P-71 will undergo modifications and integration for deployment in the Itapu field. The... Continue Reading →
(PetroleoHoje) The contracting of the P-80, FPSO that will make up the 9th unit in Buzios, should only take place in 2022. Less than two months after releasing the bid notice for the acquisition of the new unit in the cluster field under the EPC regime, Petrobras has postponed the delivery date of the proposals... Continue Reading →
