EAI brief: Ecopetrol eyes Papayuela-1 in 4Q:25, Buena Suerta-1 didn’t find hydrocarbons

BOGOTA, COLOMBIA (By Ana Sanches, Energy Analytics Institute, 13.Aug.2025) — Ecopetrol said the exploration campaign in the GUAOFF-0 block continued during the second-quarter 2025 (2Q:25) with the completion of the Buena Suerte-1 well, with no commercial hydrocarbon shows. This well targeted a different play than Sirius. RELATED: Ecopetrol boasts production of […]

Brava says ANP approves AIP for Jubarte pre-salt shared reserve

SALVADOR, BRAZIL (By Pedro Silva, Energy Analytics Institute, 23.Jul.2025, Words: 171) — Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) approved the production individualization agreement (AIP) for the Jubarte pre-salt shared reserve, located in the Campos Basin. Individualization agreements are applicable in situations where reserves extend beyond the […]

ANP Decides to Unify BerbigĂŁo and Sururu Fields

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 24.Jan.2025) — Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) decided on 23 Jan. 2025 to unify the BerbigĂŁo and Sururu fields, located in concession BM-S-11A, in the pre-salt Santos Basin. Rio de Janeiro-based Petrobras operates the concession with a 42.5% […]

Brava Energia starts production from 50 Mb/d capacity FPSO Atlanta

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 31.Dec.2024) — Brava Energia SA achieved first oil production through the Atlanta Definitive Production System after the start of operations at the floating, production, storage and offloading (FPSO) vessel Atlanta. This, after receiving authorization from Brazil’s National Agency of Petroleum, Natural Gas […]

LatAm NRG Matters: Highlights, Heard for the Week Ended 25 Oct. 2024

(Energy Analytics Institute, 25.Oct.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 25 Oct. 2024. —Argentina: Oil production reached 740.8 Mb/d in Sep. 2024, up 14.7% y-o-y, while gas production reached 147.1 MMcm/d, up 2.9% y-o-y, the Secretariat of Energy said. —Argentina: Argentine gas […]

Petrobras Inks Deal with ANP

(Petrobras, 6.Feb.2024) — Petrobras, following up on the release disclosed on 26 Apr. 2023, informs that it has signed an agreement with the National Agency of Petroleum, Natural Gas and Biofuels (ANP) to terminate the lawsuit involving the recalculation of government take (royalties and special participation) related to oil production […]

EAI’s NRGBriefs: Dec. 2023

(Energy Analytics Institute, 31.Dec.2023) — Energy briefs as well as others related to finance and projects during Dec. 2023 including why Venezuela wants to annex the Essequibo; Petrobras acquiring 29 blocks in the Pelotas basin in the 4th Permanent Concession Offer Cycle of the National Agency of Petroleum, Natural Gas […]

QatarEnergy Inks PSC for Agua-Marinha Block

(QatarEnergy, 3.Jun.2023) — QatarEnergy, and its joint-venture partners TotalEnergies, Petrobras, and PETRONAS PetrĂłleo Brasil Ltda. (PPBL) signed the Production Sharing Contract (PSC) for the Agua-Marinha block which was awarded to the consortium on 19 December 2022 in the 1st Cycle Permanent Offer round, by Brazil’s National Agency of Petroleum, Natural Gas, […]

Petrobras on Natural Gas Commercial Portfolio 

(Petrobras, 29.May.2023) — Petrobras approved new natural gas sales products and is participating in the competitive public call processes for state distributors with the new commercial portfolio.  With the opening of the natural gas market, which already has contracts with more than 14 suppliers, the company has developed a new commercial portfolio […]

Petrobras on Licensing in Amapá

(Petrobras, 24.May.2023) — Petrobras announces that later this week it will file a request with Ibama to reconsider the decision to deny the environmental license to drill an exploratory well in block FZA-M-059, located in deep waters in Amapá, in accordance with the procedure provided for in the regulations. The […]

Petrobras on Bahia Terra Production

(Petrobras, 22.May.2023) — Petrobras, in continuity with the announcements of 03/31/2023, 03/14/2023, 04/13/2023, 05/02/2023, 05/05/2023 and 05/11/2023 informs that it obtained authorization from the National Agency of Petroleum, Natural Gas and Biofuels (ANP) to resume production from eight more facilities of the Bahia Terra Pole (Itariri River Collector Station, Jandaia […]

Petrobras on Bahia Terra Production

(Petrobras, 5.May.2023) — Petrobras, following up on the releases disclosed on 03/31/2023 , 03/14/2023 and 04/13/2023 and 05/02/2023, informs that it obtained authorization from the National Agency of Petroleum, Natural Gas and Biofuels (ANP) to resume production at 9 more Bahia Terra Cluster facilities (Nova TororĂł Collector Station, Pereira Collector […]

Petrobras on Bahia Terra Production

(Petrobras, 31.Mar.2023) — Petrobras, following up on the release disclosed on 14 March 2023, informs that it obtained, on Friday 31 March, authorization from the National Agency of Petroleum, Natural Gas and Biofuels (ANP) to resume production from the Araçás field, located in the Bahia Terra Cluster. Thus, the company […]

Petrobras on Proved Reserves in 2022

(Petrobras, 26.Jan.2023) — Petrobras discloses its proved reserves of oil, condensate and natural gas, according to US SEC (Securities and Exchange Commission) regulation, estimated at 10.5 billion barrels of oil equivalent (boe), as of 31 December 2022. Oil and condensate, and natural gas correspond to 85% and 15% of this […]

Brazil Bid Round Alert: Welligence

(Welligence, 16.Dec.2022) — Brazil bid round alert! The first PSC Permanent Offer round was held today, with 4 of the 11 blocks on offer in the Santos and Campos basins awarded. The involvement of large international companies is encouraging, but most of the acreage awarded was lower risk, including areas […]

Petrobras on the Bahia Terra Cluster

(Petrobras, 12.Dec.2022) — Petrobras informs that, after an audit carried out by the National Agency of Petroleum, Natural Gas, and Biofuels (ANP), it received, on 12 December 2022, an interdiction notice for the shutdown of operations in 37 onshore oil and gas production facilities in Bahia. The company is taking […]

Petrobras on NTS Contracts

(Petrobras, 3.Oct.2022) — Petrobras, following up on the release disclosed on 22 December 2021, informs that, as part of the actions taken to open the Brazilian natural gas market, signed, in 30 September 2022, with Nova Transportadora do Sudeste S.A. (NTS) the Flexibility Reduction Agreement to be used by Petrobras […]

NRGBriefs: Buenos Aires Power Outages

(Energy Analytics Institute, 3.Jan.2022) — Energy briefs including power outages in Buenos Aires, Argentina; Brazilian fuel distributors supplying 1.3bn liters of biofuels in the 1Q:22; Venezuela’s opposition-led National Assembly deciding to back Juan GuaidĂł for another yr; and more. LATIN AMERICA AND THE CARIBBEAN Argentina — Residents in various sectors […]