Norwegian marine seismic acquisition company PGS has begun a multiclient 3D seismic survey in the Campos Basin offshore Brazil.The company started the survey on February 25, using its Ramform Titan vessel. According to PGS, Te Campos Deepwater GeoStreamer X project will deliver high-quality…
Japanese companies MODEC, Mitsui, MOL, and Marubeni will jointly invest in the Petrobras-bound Marlim FPSO.MODEC in October 2019 received a letter of intent from Petrobras for the supply, charter, and operations of the Marlim-1 FPSO.Now Mitsui…
Brazilian oil firm PetroRio has extended the FPSO Polvo charter with BW Offshore. Oslo-listed owner of the FPSO BW Offshore said Friday that it had signed an agreement with PetroRio for a one-year extension for the lease and operation of the FPSO Polvo…
Malaysia’s Petroliam Nasional Berhad (Petronas) announced it has acquired stakes in two deepwater fields in the Campos Basin offshore Brazil.Petronas said on Sunday its subsidiary Petronas Petróleo Brasil Ltda. (PPBL) completed its acquisition…
Brazilian state-run oil firm Petrobras is considering putting additional stakes in significant offshore oilfields up for sale, executives said on Wednesday, as the company continues to aggressively de-leverage.In a presentation, the executives said they may sell stakes in the Marlim field…
Paris-headquartered geosciences company CGG said it has commenced a new, large, long-offset BroadSeis survey located in the Campos and Santos Basins, offshore Brazil.The Nebula 3D survey is supported by industry funding.With an initial focus on Brazil’s 15th License Round blocks…
The decommissioning of 21 old oil rigs in the Campos Basin, Rio de Janeiro state, will cost around 50 billion reais ($12 billion) over the next five years, a state official said.All 21 old rigs that will be decommissioned are operated by state-controlled oil company Petroleo Brasileiro SA…
Brazil's state-controlled oil company Petrobras sold stakes in a set of oilfields known as Polo Macau, located in the country's Potiguar Basin, to SPE 3R Petroleum for $191.1 million, the company said on Friday.Petrobras, or Petróleo Brasileiro SA…
Norway's BW Offshore is considering whether to buy Brazil's Maromba oilfield from Petroleo Brasileiro (Petrobras) and Chevron, for an undisclosed price, the Oslo-listed company said on Monday.A final deal is subject to board approvals and other conditions…
Brazil's oil regulator said on Monday that is has started an investigation into an oil spill at an offshore platform owned by Petroleo Brasileiro SA.On Saturday, about 188 cubic meters of oil leaked from the offshore P-58 platform, which is located in the Campos basin…
Brazilian independent PetroRio announced Wednesday that it has acquired Chevron’s stake in the deepwater Frade field in the Campos Basin offshore Brazil for an undisclosed sum.The share purchase agreement sees the U.S. supermajor sell its 51…
BW Offshore announced Firday it has secured another one-year extension for the lease and operation of the floating production storage and offloading vessel (FPSO) Polvo in the Campos basin offshore Brazil.The agreement signed with PetroRio extends the firm period from Q3 2019 to Q3 2020…
Although much of the hype surrounding the Brazilian oil and gas market is directed toward the Santos Basin pre-salt, recent and older pre-salt discoveries in existing areas and on recently-awarded blocks within Campos Basin offer significant…
Petrobras has awarded Aker Solutions a contract to provide maintenance and modifications services for nine platforms at oil and gas fields in the Campos Basin offshore Brazil.The Campos Basin extends approximately 100,000 square kilometers.…
Statoil and partners were the high bidders for four blocks in the Campos basin in Brazil’s 15th licensing round held on 29 March. With the new licenses, Statoil strengthens its position in Brazil and increases synergies with current projects…