Located in the Guyana-Suriname Basin in Block 52, the Roystonea-1 well was drilled in 904 meters of water.
In order to be approved for a new extension on POT-M-859, Petrobras and Shell will have to indicate whether or not they comply with the government participation established in the contracts signed with the ANP.
The underwater vehicle is perhaps the most ambitious project ever financed with funds from the ANP's R&D clause.
Executive takes over from Christian Iturri, currently General Manager of Sales and Origination for South America in the Shell Group
The consultants believe Shell's difficulty in obtaining Ibama approval to drill in the region cannot be ignored
The fluids were found in a well started in late June in Block C-M-659.
Despite the frustration, the company awaits the unfolding of the debate at different levels of government
The postponement was granted for the single period of the POT-M-948 block in the Potiguar Basin