Denial of Foz do Amazonas License To Have “Broad Impact” on Brazil’s Upstream
Wood Mackenzie estimates that the environmental permit issue could delay the start of any activity for at least two years
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Upstream
Karoon Reports Increased 1P, 2P and 3P Reserves for BM-S-40 Concession
The biggest growth was seen in the 2P reserves, whose estimated volume is 55 million barrels
Petro-Victory Begins Potiguar Basin Evaluation
Canadian oil company has commenced production tests on well PVE-01, in the Andorinha field
National Production of Oil and Gas Record in October
Result was driven by increased production at the P-77, FPSO Guanabara, and FPSO Pioneiro de Libra platforms
Global Number of Drill Rigs in Operation Grows in 2022
According to Baker Hughes' worldwide count, there were 1,853, a 78% increase over 2021
OPEC: Brazil To Be a Player in Boosting Oil Production in 2023
Alongside Brazil are the U.S., Norway, Canada, Kazakhstan and Guyana
Abespetro: Investments of US$ 156 B in E&P by 2030
Between 2022 and 2025, the organization calculates an annual average of 525,000 jobs in the Brazilian upstream
“Mero Is Key Part of Our Upstream Position,” says Shell Director
The area is a cornerstone of its Powering Progress strategy
CNOOC Doubles Búzios Stake
Petrobras to receive US$ 2.12 billion for the assignment of 5% of the asset
Petrobras Includes Two More Foreign Groups for FPSOs
Now has 18 names in total, mostly international heavyweights
US$ 415 B in Investment for E&P over the next ten years
The Minister of Mines and Energy revealed the forecast at the inauguration ceremony for the new director general of ANP
Shell Defines Upstream Strategy
Brazil is listed as one of the nine regions where the oil major intends to operate in the upstream