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Start-up of Platform P-58 in Parque das Baleias
Petrobras announces that the production platform P-58 started-up operation this Monday (03/17/14) in the complex known as Parque das Baleias, off the coast of Espírito Santo state in Campos Basin, in line with the company’s 2014-2018 Business and Management Plan, through the well 7-BFR-7-ESS, a pre-salt reservoir producer, with an excellent productivity, as expected.

date.png24 Mar 2014 08:21 | comments.png 0 Comments | tags.png brazil fpso petrobras s-america upstream [ More ]

Petrobras concludes sale transaction of its stake in BC-10
Petróleo Brasileiro S.A. – Petrobras concluded this Monday (December 30th, 2013) the sale of its 35% stake in the offshore project Parque das Conchas (BC-10) for US$ 1.636 billion.

date.png07 Jan 2014 09:52 | comments.png 0 Comments | tags.png brazil ongc petrobras s-america shell upstream [ More ]

Start-up of Platform P-55 in Roncador field
Petrobras announces that the platform P-55, one of the strategic projects of the 2013-2017 Business and Management Plan, started-up the last Tuesday (12/31/13), in Campos Basin’s Roncador field.

date.png07 Jan 2014 09:45 | comments.png 0 Comments | tags.png brazil petrobras s-america upstream [ More ]

Technip wins two contracts for ultra-deep water fields and helps Petrobras push back subsea frontiers
Technip was awarded by Petrobras two ultra-deep water contracts for the supply of flexible pipes for the Sapinhoá Norte field and I5 at Lula field (former Tupi field), located in the Santos Basin pre-salt area (Brazil), at a water depth of up to 2,500 meters.

date.png07 Jan 2014 06:30 | comments.png 0 Comments | tags.png brazil petrobras s-america services technip top [ More ]

Pitu well results reveal first oil accumulation in the Potiguar basin
Galp Energia informs about the amendment to the announcement published on 17 December 2013. Regarding the farm-out process between Petrobras and BP Energy do Brasil, Petrobras will remain the operator of concession BM-POT-17, as opposed to what had been previously published. The amended version is contained in the fifth paragraph of the announcement as follows:

date.png26 Dec 2013 17:18 | comments.png 0 Comments | tags.png bp brazil galp petrobras s-america upstream [ More ]

Conclusion of drilling of Iara High Angle well
Galp Energia, partner of the consortium for exploration in block BM-S-11, informs that it concluded the drilling of the well 3-RJS-715D (3-BRSA-1181D-RJS), informally known as Iara High Angle (HA), located in the central area of Iara Evaluation Plan in the pre-salt Santos basin. This is the fifth exploration well in Iara area, being located 4 km to the North of the discovery well (1-RJS-656), informally known as Iara, and 225 km off the coast of Rio de Janeiro at a water depth of 2,128 metres.

date.png16 Nov 2013 21:33 | comments.png 0 Comments | tags.png brazil galp petrobras s-america upstream [ More ]

Chevron Confirms First Oil Production from Papa-Terra Offshore Brazil
Chevron Corporation (NYSE: CVX) confirmed today that its Brazilian subsidiary and Petrobras have started crude oil production from Papa-Terra’s floating production, storage and offloading vessel (FPSO) offshore Brazil.

date.png13 Nov 2013 08:09 | comments.png 0 Comments | tags.png brazil chevron petrobras s-america top upstream [ More ]

MODEC and Schahin Group awarded Carioca FPSO charter contract from Petrobras and partners of Consortium BM-S-9
MODEC, Inc. (“MODEC”) announced today that Petróleo Brasileiro S.A. (“Petrobras”), through its subsidiary Guara B.V., on behalf of Consortium BM-S-9, has awarded Charter Contract for the supply, charter, and operations of a Floating, Production, Storage, and Offloading (FPSO) vessel for the BM-S-9 block (Carioca Area) in the giant "pre-salt" region of the Santos Basin. This announcement is further to the Letter of Intent (LOI) which was issued on 20 September 2013.

date.png06 Nov 2013 07:42 | comments.png 0 Comments | tags.png brazil engineering fpso modec petrobras s-america schahin services top [ More ]

Subsea 7 S.A. awarded contract offshore Brazil
Subsea 7 S.A. (Oslo Børs: SUBC) today announced the award of a contract to its i-Tech division valued at approximately US$60 million by Petrobras.

date.png03 Nov 2013 09:14 | comments.png 0 Comments | tags.png brazil petrobras s-america services subsea7 [ More ]

Shell Announces Successful Bid For Giant Field In Deep Water Brazil
A consortium of companies, including Royal Dutch Shell plc (“Shell”), Petrobras, Total, CNPC and CNOOC, won today a 35-year production sharing contract to develop the giant Libra pre-salt oil discovery located in the Santos Basin, offshore Brazil. The Brazilian regulator, Agência Nacional do Petróleo (ANP), estimates Libra’s recoverable resources of between 8 to 12 billion barrels of oil.

date.png22 Oct 2013 13:58 | comments.png 0 Comments | tags.png brazil cnooc cnpc petrobras s-america shell top total upstream [ More ]
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