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Oil and Gas industry news from Brazil

Petrobras oil and natural gas production in January

Submitted by Mark Venables on 18th February 2017
18th February 2017
Petrobras

Petrobras’ total oil and natural gas production in January was 2.86 million barrels of oil equivalent per day (boed), of which 2.74 million boed were produced in Brazil and 0.12 million boed abroad.

Despite challenges, Brazil continues to lead the world for offshore oil and gas upstream projects

Submitted by Mark Venables on 10th November 2016
10th November 2016
Petrobras

Brazil is set to lead the global offshore oil and gas industry in terms of planned projects, with a staggering total of 40 developments scheduled to start operations by 2025, out of an anticipated total of 236 worldwide, according to research and consulting firm GlobalData.

Petrobras’ troubles highlight bleak prospects for Brazil to 2020

Submitted by Editorial staff on 5th January 2016
05th January 2016
Petrobras

Marred by corruption and market turmoil, Petrobras, the operator of key pre-salt projects for Brazil’s oil production over the next five years, is one of many Brazilian oil and gas companies facing a difficult financial future in the short term, according to an analyst with research and consulting firm GlobalData.

Despite corruption probes, Brazil will drive global growth in FPSO industry

Submitted by Editorial staff on 29th October 2015
29th October 2015
FPSO in Brazil

Brazil will lead global growth in the Floating Production, Storage and Offloading vessel (FPSO) industry despite the country’s national oil company, Petrobras, recently facing allegations of corruption, says research and consulting firm GlobalData.

CGG begins BroadSeis Survey in Brazil’s Barreirinhas Basin

Submitted by Editorial staff on 22nd October 2015
22nd October 2015
CGG will begin a BroadSeis survey in Brazil's Barreirinhas Basin

CGG has announced that it has now received all necessary permits to start acquiring the industry’s first regional broadband seismic survey of the Barreirinhas Basin in the Equatorial Margin of northern Brazil in early November.

Petrobras to seek strategic partnership for distribution subsidiary

Submitted by Editorial staff on 13th October 2015
13th October 2015
Petrobras wholly-owned subsidiary, Petrobras Distribuidora (BR)

The Executive Board of Petrobras has approved the proposal to find a strategic partner for its wholly-owned subsidiary, Petrobras Distribuidora (BR).

New wells confirm Libra field potential

Submitted by Editorial staff on 13th October 2015
13th October 2015
Libra oil field

The consortium responsible for the Libra oilfield in the Santos Basin pre-salt has completed the drilling of well 3-BRSA-1310-RJS, located in the central area of the block.

Fluor consortium clinches gas field EPC contract in Brazil

Submitted by Paddy Harris on 8th May 2015
08th May 2015

Fluor Corporation’s Brazil unit was part of a consortium awarded a contract by Parnaíba Gás Natural (PGN) for engineering, procurement and construction (EPC) of a natural gas field development project in the state of Maranhão, Brazil

Karoon Gas flows oil from Echidna-1 off Brazil

Submitted by Editorial staff on 7th May 2015
07th May 2015

Karoon Gas Australia Ltd announces the production test results from the Company’s most recent discovery, the Echidna-1 exploration well in the Santos Basin, Brazil.

Petrobras confirms Sergipe light oil discovery offshore Brazil

Submitted by Paddy Harris on 1st May 2015
01st May 2015
Petrobras has finished drilling well 3-BRSA-1296-SES (ANP nomenclature) in the Sergipe Basin’s ultra-deep waters, in concession BM-SEAL-10, block SEAL-M-499

Petrobras has finished drilling well 3-BRSA-1296-SES (ANP nomenclature) in the Sergipe Basin’s ultra-deep waters, in concession BM-SEAL-10, block SEAL-M-499

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