Campos Basin News

 

Petrobras Finds Hydrocarbons in Campos Basin Exploratory Well

Mar 25, 2025

Brazilian state-run oil and gas company Petrobras has identified the presence of hydrocarbons in the Campos Basin pre-salt, in an exploratory well of Norte de Brava block.The hydrocarbons have been found in the well 1-BRSA-1394-RJS, located 105 km from the state of Rio de Janeiro, at a water depth of 575 meters.The drilling of the well has been completed, and it is currently undergoing final wireline loggings…

Equinor Sells Peregrino Field to Brazilian Oil and Gas Firm for $3.5B

May 02, 2025

Equinor Brasil Energia, a subsidiary of Equinor, has entered into agreements with Brazilian company Prio Tigris, a subsidiary of PRIO, for the sale of its 60% operated interest in the Peregrino field, offshore Brazil.PRIO, Brazil’s largest independent oil and gas company…

Brava Energia Concludes Stake Buy in Three Campos Basin Fields from QatarEnergy

Dec 31, 2024

Brazilian oil and gas firm Brava Energia has concluded the acquisition of the 23% stake held by QatarEnergy Brasil in the Abalone, Ostra and Argonauta oil fields, which form the Parque das Conchas in the Campos Basin.The transaction value, disregarding adjustments…

Brava Energia Restarts Production at Papa-Terra Field

Dec 30, 2024

Brava Energia, formerly 3R Petroleum before the merger with Enauta, has restarted production at Pappa-Terra field assets in the Campos Basin, offshore Brazil.During the production shutdown, significant progress was made in the maintenance and…

Shearwater to Proceed with 4D Survey for Petrobras in Campos Basin

Dec 23, 2024

Offshore seismic services firm Shearwater Geoservices has been given a go-ahead from Petrobras to start one of the two 4D projects covering the Jubarte and Tartaruga Verde fields in the Campos Basin area.Under the eight-month contract, announced in January 4…

PRIO Buys Peregrino Oil Field Stake in $1.92B Deal with Sinochem

Sep 27, 2024

Brazilian oil and gas company PRIO has signed a sale and purchase agreement with SPEP Energy Hong Kong Limited and Sinochem International Oil for the acquisition of 40% interest in the Peregrino and Pitangola fields in the Campos Basin, offshore Brazil…

Yinson-Built FPSO En Route to Brazil for Work at Petrobras’ Jubarte Field

Jun 20, 2024

The floating production storage and offloading (FPSO) Maria Quitéria, built by Malaysian FPSO supplier Yinson, has left the shipyard in China and is currently on its way to Brazil, to be deployed at Petrobras’ Jubarte field, located in the Campos Basin…

Petrobras Signs Contracts with Perenco for Sale of Two Campos Basin Fields

Apr 26, 2024

Brazil's state-run oil company Petrobras has signed contracts for the sale of its entire stake in the Cherne and Bagre fields, located in shallow waters in the Campos Basin, to Perenco.Production from the two fields was interrupted in March…

Petrobras and BP Deepen Partnership

Apr 19, 2024

Petrobras and BP have signed Memorandum of Understanding (MoU) to promote cooperation and business opportunities between the companies.Petrobras and BP are partners in exploration blocks in the Exploration & Production segment, including Alto de Cabo Frio Central…

Petrobras Sells Two Mothballed Campos Basin Fields to Perenco

Apr 18, 2024

Brazil's state-run oil company Petrobras has agreed the sale of its entire stake in the Cherne and Bagre fields, located in shallow waters in the Campos Basin, to Brazil's subsidiary of UK-based oil and gas firm Perenco.Production from the two…

MAN Energy Solutions Lands Major Order for MODEC’s New FPSO

Mar 20, 2024

MAN Energy Solutions has been hired to supply 11 RB-type compressor trains for MODEC’s floating production storage and offloading (FPSO) unit that will be deployed at the Raia project, in the Campos Basin, offshore Brazil.The order’s substantial…

Petrobras Eyes Jaspe Block Acquisition

Jan 24, 2024

Brazilian oil company Petrobras said on Wednesday it had notified the country's energy policy council it would exercise its preferential rights to acquire the Jaspe oil block.The offshore block, located in the Campos Basin, would be tendered by the country's regulator…

Petrobras Inks Deals for Campos Basin Gas Transport System

Jan 02, 2024

Petrobras and Equinor have signed the contracts for the Campos Basin Integrated Natural Gas Flow System (SIE-BC) and access to the Cabiúnas Gas Treatment Unit (UTGCAB).With the signing of these contracts, Equinor will be able to transport natural gas from the Roncador field…

Enauta Acquires Stake in Campos Basin Oil Fields

Dec 25, 2023

Brazilian oil company Enauta said on Monday it acquired the entire 23% stake held by QatarEnergy Brasil Ltda in some oil fields in the Campos Basin for a total value of $150 million.In a securities filing, the company said that the transaction to acquire a stake in the Abalone…

DOF Secures Three Service Contracts with Petrobras Worth Over $260M

Sep 18, 2023

Norwegian offshore support vessel firm DOF said Monday it had won three new service contracts with the Brazilian oil firm Petrobras.'The contracts were originated by a competitive bid process won by DOF and include work within our core service lines for Survey and Inspection…

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