(Petrobras, 30.Jan.2023) â Petrobras, following up on the releases disclosed on 24 July 2020, 28 July 2020 and 9 November 2020, informs that it received today from Karoon PetrĂłleo & GĂĄs Ltda, a subsidiary of Karoon Energy Ltd, the amount of R$430mn, equivalent to the contingent payment of the oil […]
Tag: Karoon Energy Ltd
Maersk Drilling Secures Extension for MĂŠrsk Developer in Brazil
(Maersk Drilling, 10.May.2022) â Karoon Energy Ltd has exercised options to add the drilling of up to two wells at the Neon field offshore Brazil to the work scope of the semi-submersible rig MĂŠrsk Developer. The contract extension has a duration of 80 days, in direct continuation of the rigâs previous […]
Maersk Inks Two-well Deal Extension In Brazil
(MĂŠrsk, 3.Jun.2021) â Karoon Energy Ltd exercised an option to add the drilling of two development wells at the Patola field offshore Brazil to the work scope of the semi-submersible rig MĂŠrsk Developer. The work is expected to commence in the second half of 2022, in direct continuation of the […]
Petrobras Finalizes BaĂșna Field Divestment
(Petrobras, 6.Nov.2020) â Petrobras, following up on the releases disclosed on 24 and 28 July 2020, concluded the sale of its entire stake in the BaĂșna field (BM-S-40 concession area), located in shallow waters in the Santos Basin, to Karoon PetrĂłleo & GĂĄs Ltda (Karoon), a subsidiary of Karoon Energy […]
Karoon Energy Names Julian Fowles As New CEO
(Karoon Energy, 26.Oct.2020) â Karoon Energy Ltd announced Dr Julian Fowles has been appointed as Chief Executive Officer and Managing Director. Dr Fowles will commence with Karoon immediately following the conclusion of Karoonâs annual general meeting on 27 November 2020. Karoon Chairman, Bruce Phillips said, âAfter an extensive and rigorous […]
Karoon Gets ANP Approval For BaĂșna Acquisition
(Karoon Energy, 23.Oct.2020) â Karoon Energy Ltd provided the market with the following update on the BaĂșna asset acquisition: — Karoon announced the Board of Directors of the AgĂȘncia Nacional do PetrĂłleo, GĂĄs Natural e BiocombustĂveis (ANP) has approved with conditions, at a board meeting on 22 October 2020, the […]
Karoon Provides Update On BaĂșna Acquisition
(Karoon Energy, 5.Oct.2020) â Karoon Energy Ltd provided the market with the following update on the status of the BaĂșna asset acquisition: — Remaining Conditions Precedent: As previously announced, transaction completion is subject to certain remaining conditions precedent under the Sale and Purchase Agreement (the SPA), including the following key […]
Karoon Starts Drilling In Peru At Marinaâ1 Well
(Karoon, 28.Jan.2020) â Karoon Energy Ltd announced the Stena Forth Drillship has commenced the drilling of the Marinaâ1 exploration well located in Block Zâ38 Tumbes Basin, Peru. The wholly owned, Karoon subsidiary, KEI (Peru Zâ38) Sucursal del Peru is the operator and has a 40% net interest in Block Zâ38. […]
Karoon Eyes Output Boost After Grabbing Field
(Reuters, Marta Nogueira, 25.Jul.2019) â Karoon Energy Ltd aims to boost production by more than 60% at an oilfield it is purchasing from Petroleo Brasileiro SA, as the independent Australian firm dramatically expands its operations in Brazil, an executive said on Thursday. Petrobras, as the Brazilian state-run oil firm is […]
Peru Gives Tullow Oil Another Shot At Exploration
(Argus, 1.May.2019) â Peru reapproved a contract for UK-listed Tullow Oil to explore shallow-water block Z-64. This is Tullow’s second chance with the block, nearly a year after its original contract was cancelled. The 54,000-hectare block lies off the northern coastal department of Tumbes, where Canadian independent Frontera Energy operates […]