(Reuters) - Brazil has had a boom in oil and gas auctions since 2017, before the pandemic postponed new bids, but the first wells drilled by the winners of these disputes have disappointed, which sparks alerts for the government in relation to the next rounds, Wood Mackenzie analysts told Reuters. The initial results considered "disappointing"... Continue Reading →
Operation Car Wash: Seadrill Served with Search and Seizure Warrant in Brazil
Offshore drilling contractor Seadrill said Thursday its Brazilian subsidiary had been served with a search and seizure warrant in relation to a bribery investigation. "Seadrill Limited confirms that today its subsidiary Seadrill Serviços de Petroleo, Ltda was served with a search and seizure warrant from the Federal Police in Rio de Janeiro, Brazil as part... Continue Reading →
Petrobras concludes test in Jupiter area
September 4, 2020 Petróleo Brasileiro S.A. – Petrobras informs the conclusion of the Drill Stem Test (DST) in the area of Júpiter Discovery Assessment Plan, located in the Santos Basin presalt. The Jupiter area belongs to the BM-S-24 concession, in which Petrobras is the operator, with an 80% interest, and was acquired in 2001 in... Continue Reading →
BEI Readers Save 10% at Global Offshore Brazil Summit 2020
As a valued Brazil Energy Insight reader, we want to extend a 10% discount at registration for Global Offshore Brazil Summit 2020 being held 3 - 4 March at the Grand Hyatt Rio Hotel. Be sure to use the following discount code when registering to attend to obtain the 10% discount. Discount Code: GB20BEI10 Visit... Continue Reading →
Global Offshore Brazil Summit 2020 announces first speakers.
2020 Speakers Confirmed Heloisa Borges Esteves | Superintendent of Licensing Rounds Promotion ANP – Agência Nacional do Petróleo, Gás Natural e Biocombustíveis 11:45 | Tuesday, 3 March, 2020 | Regulatory Standards and Legal Outlook Session “Divestment of Mature Fields and Permanent Offer” Heloisa Borges Esteves holds a PhD in Economics from the Federal University of... Continue Reading →