Brazil's state-run oil company Petrobras has signed contracts with Enauta for the sale of its entire stake in in the Uruguá and Tambaú fields, located in the Santos Basin.The amount to be received by Petrobras from the operation is up to $35 million…
Petrobras has acquired 29 blocks in the Pelotas basin in the fourth Permanent Concession Offer Cycle of the National Agency of Petroleum, Natural Gas and Biofuels (ANP).Petrobras acquired blocks P-M-1739, P-M-1737 and P-M-1797 in partnership with CNOOC Petroleum Brasil and Shell Brasil Petróleo…
Brazilian oil and gas company PRIO said Friday it had received the payment regarding the conclusion of the sale of its 10% interest in the Manati field offshore Brazil to Gas Bridge Storage. The Manati Field, located in the Camamu Basin, on the coast of Bahia…
Brazilian oil firm Petrobras on Wednesday signed Production Sharing Contracts for offshore blocks, awarded in the Open Acreage under Production Sharing Regime – 1st Cycle held by Brazil’s National Petroleum Agency (ANP) in December 2022.Petrobras…
Brazilian oil company Petrobras said Wednesday it would file a request later this week with Brazil's environmental protection agency Ibama to reconsider the decision to deny the environmental license to drill an exploratory well in block FZA-M-059…
Brazilian oil company Petrobras said Wednesday it had discovered hydrocarbons in the Santos Basin pre-salt, in an appraisal well in the Aram block.The well 3-BRSA-1387D-SPS is located 260 km from the city of Santos-SP, at a water depth of 1…
Brazilian environmental agency Ibama has recommended the rejection of state-run oil firm Petrobras's request to drill a well in the mouth of the Amazon River Basin, documents seen by Reuters showed on Friday.Signed last week by several environmental analysts from Ibama…
Oslo-listed oil and gas company BW Energy said Thursday the process to acquire Petrobras' interests in Golfinho and Camarupim deepwater oil fields and the related FPSO from Saipem was about to resume.In June 2022, BW Energy signed an agreement…
Brazilian oil and gas company Petro Rio (Prio) on Thursday paid $1.635 billion to Petrobras in relation to the acquisition of Petrobras' interest in the Albacora Leste offshore field, located in the Campos Basin, Brazil.The amount paid Thursday is in addition to the $292…
Four out of the eleven blocks on offer in the Santos and Campos Basins offshore Brazil, were acquired as part of Brazil's first cycle of the Open Acreage in the production-sharing model (OPP), held Friday by the country's oil and gas regulator…
Marine seismic data specialists TGS and PGS have jointly secured pre-funding for the Santos Sul Multi-client 3D project in the southwest Santos Basin offshore Brazil. The TGS/PGS collaboration combines the operational and technical strengths…
Oilfield services giant Halliburton said this week it had successfully installed 'the industry's first' single trip, electro-hydraulic wet connect in deepwater for Petrobras in Brazil - a feat the company describes as a significant achievement in downhole electric completion technology…
Brazilian oil company Prio will continue to assess the purchase of some assets from state-owned Petrobras even after a deal for its Albacora offshore oilfield fell through, Prio's finance chief told Reuters on Tuesday.Petrobras has in recent years sold off dozens of oil fields…
Italian oilfield services and technology company Saipem will provide its FlatFish subsea drone for Shell's and Petrobras' ultra-deepwater projects in Brazil.Under the contract, Shell and Petrobras will use Saipem's FlatFish subsea drone in two…
Brazilian oil and gas company Enauta has received approval from the Brazilian authorities for the new development plan for its Atlanta field in the Santos Basin. The authorities have also approved an 11-year extension of the Atlanta Field concession term…