Brazilian oil firm Petrobras denied media reports claiming that the oil company expected to obtain the environmental license to drill a well in the FZA-M-059 block, offshore Brazil, in up to six months.As previously reported, Brazil's environmental…
Brazilian state-run oil firm Petrobras has asked to resume a process for a license to drill a controversial well near the mouth of the Amazon river, the company's chief executive said late on Thursday. CEO Jean Paul Prates' statement regarding…
Brazil's Petrobras may look abroad for future growth, two sources with knowledge of the state-run firm's plans told Reuters, after environmental regulators dashed its hopes of exploring near the Amazon River where it had aimed to make its first major domestic oil discovery in over a decade…
The Brazilian environmental protection agency Ibama said on Wednesday it had rejected a request from state-run oil company Petrobras to drill a well at the mouth of the Amazon River.The much-awaited decision follows a technical recommendation by the agency's experts to reject the proposal…
Brazilian President Luiz Inacio Lula da Silva on Monday said he finds it 'difficult' to believe that oil exploration in the Amazon basin would cause environmental damage to the region's rainforest, the largest in the world. Brazil's environmental…
Brazil's Petrobras may move a rig it has installed to drill at the mouth of the Amazon River Basin to another location if it does not obtain a long-awaited environmental license to start operations there, an executive said on Monday.The remarks…
Brazilian state-run oil company Petroleo Brasileiro SA is struggling to get a license that it needs to drill the ultra-deep waters of the Foz do Rio Amazonas Basin this year as planned, a source close to the matter told Reuters on Thursday. Petrobras…
Brazilian power company Eletrobras and Shell have signed a cooperation agreement to exchange information as they mull a potential co-investment in offshore wind power in the South American country, Eletrobras said on Thursday.The move marks another step for Shell in the sector in Brazil…
Brazilian oil company PetroRio has received regulatory approval to drill new wells at the Frade field, offshore Brazil.PetroRio said that the Brazilian Institute of the Environment and Natural Renewable Resources (“Ibama”) had granted it the…
Shell announced on Friday it has applied for a license from Brazil's environmental agency Ibama to generate offshore wind power in six areas in the country.The six projects are located in the Brazilian states of Piaui, Ceara, Rio Grande do Norte…
Brazilian oil company Enauta said Thursday it has signed a Memorandum of Understanding (MoU) with Malaysia's FPSO specialist Yinson for direct and exclusive negotiation of FPSO supply contracts for the 'Definitive System' of the Atlanta field in the Santos Basin…
Brazil's national oil company Petrobras has agreed to take over BP's entire stakes in six ultra-deepwater blocks, located offshore northern Brazil.The blocks are situated some 120 km from the state of Amapá, in what Petrobras said was a high…
French oil major Total will transfer its rights in five blocks in Foz do Amazonas Basin off Brazil to Brazil's national oil company Petrobras, and exit the basin.To remind, Total earlier in September announced its decision o give up operatorship over the five exploration blocks in ultra-deep waters…
French oil major Total has given up operatorship over five exploration blocks located in the Foz do Amazonas Basin, offshore Brazil.'Total announces that it has notified its partners on August 19 about its resignation from its role of operator for five exploration blocks…
Changing environmental regulations around the world will have an impact on how the offshore industry handles produced water.Typically, offshore operators treat their produced water so it can be discharged back into the ocean, although there…
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