(Energy Analytics Institute, Aaron Simonsky, 9.Apr.2019) — TechnipFMC said it has been awarded a significant contract for the Lapa field by Total E&P do Brasil Ltda., on behalf of the Lapa Field Consortium, comprised of Total (35% WI), Shell Brasil Petróleo Ltda. (30% WI), Repsol Sinopec Brasil S.A. (25% WI) […]
Category: Brazil
Brazil energy
Petrobras Updates On National Council of Energy Policy (CNPE)
(Petrobras, 9.Apr.2019) — Petrobras informs that became aware of the CNPE announcement regarding the revision of the Transfer of Rights Agreement in reference to their meeting held today. According to the CNPE statement, Petrobras will be compensated by US$ 9,058 billion (nine billion and fifty eight million dollars) due to […]
Students Put Energy Efficient Cars To The Test At Shell Eco-marathon Americas
(Shell, 7.Apr.2019) — Make the Future Live California featuring Shell Eco-marathon Americas drew more than 1,000 students to Sonoma Raceway to compete for the title of most fuel-efficient vehicle. Northern Illinois University of DeKalb, Illinois took home first place in the Internal Combustion Engine Prototype category with their gasoline-fueled vehicle […]
YPFB President Says Incahuasi-5 Well To Add 3.5 MMcm/d Of NatGas Output
(Energy Analytics Institute, Ian Silverman, 5.Apr.2019) — Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) President Oscar Barriga says the Incahuasi-5 well, located 250 kilometers southwest of Santa Cruz department, will have a positive impact on Bolivia’s overall production profile. The Incahuasi-5 well will have a maximum production potential of 3.5 million cubic […]
Petrobras Announces TAG Sale Offer
(Petrobras, 5.Apr.2019) — Petrobras informs that, in the scope of the competitive sale process of 90% of Transportadora Associada de Gás SA (“TAG”), ENGIE group, jointly with the Canadian investment fund Caisse de Depot and Placement du Quebec (“CDPQ”), presented the best proposal, representing an Enterprise Value of R$ 35.1 […]
Germany’s Wintershall Says Focusing On Brazil Offshore Oil Among Other Regions
(Reuters, 21.Mar.2019) — BASF’s oil and gas subsidiary Wintershall on Thursday said it would build up its presence in the Brazilian offshore oil sector this year where it won exploration licences in 2018. “It is part of our growth course that we are also active in new regions, and Brazil […]
GeoPark Limited Awarded Espejo And Perico Blocks In Ecuador
(SeekingAlpha, 18.Mar.2019) — On March 13, 2019, GeoPark Limitedentered the Ecuador upstream by winning the Espejo and Perico blocks in the Oriente Basin in the Intracampos Bid Round (Fig. 1). GeoPark formed a 50:50 consortium with Frontera Energy Corporation in the participation of the bid round. The final award is […]
Brazil And Peru Ink Energy Cooperation Declaration
(Brazilian Government, 7.Mar.2019) — Brazil and Peru will intensify cooperation in the energy sector. The Ministers of Mines and Energy of the two countries, Bento Albuquerque (Brazil) and Francisco Atilio Ísmodes (Peru), signed a Declaration of Cooperation in Energy on 5 February. The document provides mechanisms for exchanges on energy […]
OPEC Releases MOMR With Data Thru Feb. 2019
(Energy Analytics Institute, Piero Stewart, 14.Mar.2019) — OPEC announced publication of its Monthly Oil Market Report (MOMR) as of 14 March 2019 with details on producers in Latin America and the Caribbean from Venezuela, Ecuador, Brazil, Colombia, and Mexico. *** © Energy Analytics Institute (EAI)