July 5, 2019 ExxonMobil is claiming that the signing bonus for the surplus auction of the Transfer of Rights areas will be paid twice, a first installment with the signature of the production sharing contract, which is scheduled for March next year, and another in the signature of the co-participation contracts, scheduled for 2021. The... Continue Reading →
July 5, 2019 Lightsource BP, BP’s (BP.L) vehicle for solar energy investments, announced that it has acquired a package of projects in Brazil with about 2 gigawatts of capacity whose value has not been disclosed , the company said on Thursday. The deal is in addition to other recent bets by major oil multinationals in... Continue Reading →
June 5, 2019 Petrobras signs until the end of this month the charter agreement for the Laguna Star drillship, which will operate exclusively for the BM-S-11 project in the Santos Basin cluster. The directors of Shell and Petrogal - partners of the Brazilian oil company in the BM-S-11 consortium - have approved the contracting of... Continue Reading →
July 5, 2019 Petrobras will anticipate the declaration of commerciality of Moita Bonita, in deep waters of Sergipe, where it made giant discoveries of natural gas. The ANP board approved the inclusion of a new well in Moita Bonita's discovery assessment plan (PAD) and the change of deadline for December 1 of this year. The... Continue Reading →
Rio de Janeiro, July 5, 2019 - Petróleo Brasileiro SA - Petrobras, in relation to the news published in the media, regarding the sale of Liquigás Distribuidora SA, clarifies that this divestment project is in the binding phase, as disclosed to the market in June 20, 2019. In the previous phase of the project, Petrobras... Continue Reading →
Rio de Janeiro, July 5, 2019 - Petróleo Brasileiro S.A. - Petrobras reports that it has started the opportunity disclosure stage (teaser), related to the sale of its entire working interest in Peroá and Cangoá production fields and in the concession BM-ES-21 (Malombe discovery appraisal plan), located in the Espírito Santo Basin, including the shared... Continue Reading →
Rio de Janeiro, July 05, 2019 - Petróleo Brasileiro S.A. - Petrobras informs that in connection to the press released of May 7th, 2019 is paying today Interest on Capital (IOC), as defined in art. 9, sole paragraph of its Bylaws. The gross value to be distributed, totaling R$ 1,304,420,126.10, corresponds to a gross amount... Continue Reading →
WFS Technologies has expanded into Houston and Brazil as the company continues to meet its growth objectives for 2019. Molly Reyes, Energy Industry sales director, joins the WFS senior leadership team to lead the new office and explore opportunities in the Gulf of Mexico and North American territories. Continue reading
Oil and gas company Tullow Oil has started drilling operations offshore Guyana with the spudding of the first exploration well on its Jethro-Lobe prospect on the Orinduik Block. Tullow is the operator of the Orinduik Block with a 60% Working Interest and its partners are Total and Eco (Atlantic) Oil & Gas with 25% and... Continue Reading →
Mexico’s Grupo R has started drilling the Xikín – 32 marine well, becoming the first company to start the offshore drilling works of the program promoted by the new administration of Pemex Exploration and Production (PEP). The Xikín field is the first of the 16 marine fields that PEP is scheduled to develop to increase... Continue Reading →
