exploration

In Brazil, CNOOC has shares in four blocks

However, amount in 2019 was still much lower than the peak in the historical series

Petrobras is the operator of the offshore asset in partnership with the French company Total

After negotiations with Constellation failed, the Australian oil company charters Stena for its campaign in Peru

The demand by Petrobras and IOCs will raise daily rates in Brazil, predicts Pacific Drilling Senior VP Michael Acuff

The company will start the sale of 15 onshore exploratory blocks in the Sergipe-Alagoas Basin

The areas are located in the Pará-Maranhão, Potiguar, Campos, Santos and Pelotas offshore basins

Only eight oil companies have purchased exploratory areas in blocks outside the Campos and Santos Basins since 2017

Wintershall transferred 30% of its stake in three blocks to the U.S. oil company

Auction posted record value of concession rounds, with 12 blocks awarded

The government wants the Pelotas, Ceará and Pará-Maranhão Basins in the 2020 and 2021 Bid Rounds

The oil company will have the first offshore asset exploratory period extended for two more years