Browsing Tag

pre-salt

Oil & Gas

TGS Prepares New Campaign in Campos Basin

João Montenegro Jan 17, 2019

Company manager predicts "extraordinary" increase in seismic acquisitions in 2019

Oil & Gas

Mero Subsea Drives Insurance Market In 2019

João Montenegro Jan 17, 2019

Complex and high capex projects in the pre-salt create a favorable outlook for insurers

Oil & Gas

Contracts for Carcará Move the Market

João Montenegro Jan 16, 2019

Expectations revolve around the subsea system and the platform that will be installed in the Santos Basin pre-salt area

Oil & Gas

Research Funding Peaked in 2018

João Montenegro Jan 15, 2019

The ANP estimates that the volume of investment obligations generated by oil fields will grow even more this year

Oil & Gas

Petrobras Makes 1st Discovery in Peroba

João Montenegro Jan 7, 2019

Oil traces were found in a water depth of 2,235 m in the pre-salt area of the Santos Basin

Oil & Gas

McDermott Makes Low Bid For Sepia SURF

João Montenegro Dec 27, 2018

The U.S. company is out front for the submarine connection in the transfer of rights field

Oil & Gas

Ecopetrol Boosts Its Pre-Salt Presence through Farm-In

Roberto Francellino Dec 26, 2018

The company signed an agreement for a 10% stake in the Saturno area, in the Santos Basin

Oil & Gas

FPSO P-76 On Its Way to Búzios

João Montenegro Dec 18, 2018

With 70% local content, FPSO will be one of the six production systems of Petrobras to extract the first oil in 2018

Oil & Gas

P-66 Maintains Production Leadership

João Montenegro Dec 14, 2018

The ramp-up of the Petrobras FPSO is the sharpest of the country's main platforms in the last year

Oil & Gas

TCU Requires More Information About Transfer of Rights Areas

Roberto Francellino Dec 13, 2018

The Court's technical analysis considered the information previously forwarded by the ministry to be "precarious and incomplete"

Natural Gas

Underground Storage: Alternative For Pre-Salt Gas

matheusgagliano Dec 11, 2018

The technique is widely used in Europe but still little known in Brazil

Oil & Gas

Equinor Reports Its 1st Discovery in Norte de Carcará

João Montenegro Dec 10, 2018

Oil traces were found by the Norwegian operator in water depth of 2,052 m through the West Saturn drill rig

Older Posts

From the Media

Jan 17, 2019 - Reuters

Brazil plans to eliminate visitor visas for Americans, the country's tourism minister said on Wednesday, as President Jair Bolsonaro seeks to turn around the lagging tourism sector and engineer cozier relations with the United States. The visa initiative is part of the Foreign Ministry's plan for the first 100 days in power of Bolsonaro, who assumed office on Jan. 1, Tourism Minister Marcelo Alvaro Antonio told Reuters in an interview. Bolsonaro won the presidency running on a right-wing populist platform and is an open admirer of U.S. President Donald Trump. He has sought to realign Brazil with the United States, unlike the leftist Workers Party government that favored relations with fellow developing economies.

Jan 17, 2019 - Bloomberg

South America’s two largest countries are more united than ever, Argentine President Mauricio Macri declared during an official visit to Brasilia that sought to reset relations with President Jair Bolsonaro after an awkward start. Warm speeches from both sides sought to leave behind the initial tension in their relationship. Macri’s absence from Bolsonaro’s inauguration on Jan. 1 did not go unnoticed by Brasilia, while Brazilian Finance Minister Paulo Guedes’ insistence that the Mercosur customs union was not one of his priorities also riled Argentine officials. But that appeared to be forgotten as the two presidents discussed boosting trade, fighting crime and nuclear energy.

Jan 17, 2019 - World Oil

Petrobras reports that in 2018, its total production of oil and gas, including natural gas liquids (NGL), was 2.63 MMboed, of which 2.53 MMboed produced in Brazil and 101,000 boed abroad. Petrobras’ own production of oil in Brazil was 2.03 MMbpd. The annual average of the company's total operated production (both Petrobras and partner’s share) in 2018 was 3.29 MMboed, of which 3.16 MMboed in Brazil. The production of oil and natural gas in 2018 is in line with the goal established for this year in the company's Business and Management Plan, which projects 2.8 MMboed in 2019.

Jan 17, 2019 - OE Digital

With the oil and gas market heating up in Brazil, many foreign service providers are looking to set up shop in Brazil with an eye on new opportunities. Although the South American country's main attraction will continue to be exploration and production (E&P) in post-salt and pre-salt acreage, other significant opportunities will be on offer. One niche will be the decommissioning of various offshore structures, from deactivated subsea infrastructure to rusting rig legs to whole rigs and floating production storage and offloading units (FPSO). As many of Brazil’s offshore production units are aging, especially in the Campos Basin, decommissioning in Brazil will be an important market which will last for decades.