BOGOTÁ, COLOMBIA (By Ana Sanches, Energy Analytics Institute, 4.May.2026, Words: 277) — PETROBRAS received approval of the production individualization agreements (AIP) for the Berbigão shared reservoir in zone BVE-ITP/RJS-656 (Sururu) and the zone BVE-ITD/RJS-697 of Berbigão (Berbigão), located in the Santos Basin. The National Agency of Petroleum, Natural Gas and […]
Tag: Petrogal
Petrobras reaches financial settlement with Shell and Petrogal related to Tupi shared reservoir
RIO DE JANEIRO, BRAZIL (By Petrobras, 2.Apr.2026, Words: 268) — PETROBRAS following up on the announcement of 1 Dec. 2025, informs that the financial settlements related to the first redetermination of the Tupi shared reservoir, located in the Santos Basin, have been completed. This follows the approval of the fourth addendum […]
Petrobras acquired 13 blocks in the ANP’s 5th permanent concessions offer cycle
SALVADOR, BRAZIL (Pedro Silva, Energy Analytics Institute, 17.Jun.2025, Words: 364) — Petrobras acquired 10 blocks in the Foz do Amazonas basin and 3 blocks in the Pelotas Basin in the 5th permanent concession offer cycle of the National Agency of Petroleum, Natural Gas and Biofuels (ANP). The value of the signature […]
Tupi Field Consortium Extends FPSO Cidade de Angra dos Reis Charter to 2030
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 22.Jan.2025) — Petrobras, on behalf of the Tupi field consortium extending the charter period of the FPSO Cidade de Angra dos Reis located in the Tupi field by an additional 5 years, until 2030. In specific, the consortium signed amendments to the […]
Petrobras Responds to Preliminary Injunctions on Gas Contracts
(Petrobras, 30.Dec.2021) — Petrobras was notified, on this date, of preliminary decisions rendered by the Court of Justice of the State of Rio de Janeiro that determined the maintenance of the conditions of the contracts entered into between Petrobras and state distributors (CEG and CEG RIO), which will expire on […]
Petrobras Submits Development Plan for Tupi and Iracema
(Petrobras, 22.Dec.2021) — Petrobras, as the operator of the Tupi Field, submitted to the National Petroleum, Natural Gas and Biofuel Agency (ANP), the review of the Integrated Development Plan (PD) of the Shared Deposit of Tupi and the Iracema Area. In this revision, the Tupi Consortium proposes new investments to […]
Total Reports Ramp-Up On Iara With Second FPSO
(Total, 25.Jun.2020) — Total and its partners announce the start-up of the Floating Production Storage and Offloading (FPSO) P-70 of the Iara cluster (Block BM-S-11A), located in the deepwater Santos Basin pre-salt offshore Brazil. With a productive capacity of 150,000 barrels of oil per day, this new unit double the […]
Petrobras Finds Oil At Araucária Prospect
(Petrobras, 2.Apr.2020) — Petrobras informs that it has identified the presence of oil in the pioneer well of the Uirapuru block, located in the Santos Basin pre-salt. The pioneer well is located about 200 km off the coast of the city of Santos (SP), at a water depth of 1,995 […]
BP Eyes Brazil Gas Buildout
(Reuters, Gram Slattery, 29.Oct.2019) — BP Plc wants to be part of an effort to build up natural gas infrastructure in Brazil, an executive said on Tuesday, and believes a power plant it is building in Rio de Janeiro could eventually be supplied by gas from offshore oilfields here. Speaking […]
P-69 Starts Operation In Lula Field, Pre-salt Of Santos Basin
(Petrobras, 24.Oct.2018) — Petrobras, with its partners in the BM-S-11 Consortium, started production of oil and natural gas in the Lula Extremo Sul area, in the pre-salt of Santos Basin, by means of platform P-69, eighth unit installed in the Lula field. The FPSO (floating production, storage, and offloading unit […]