BOGOTĂ, COLOMBIA (By Ana Sanches, Energy Analytics Institute, 4.May.2026, Words: 406) â The P-79 platform, located in the pre-salt layer of the Santos Basin, began production, ahead of the date […]
Tag: PPSA
Petrobras reaches financial settlement with Shell and Petrogal related to Tupi shared reservoir
RIO DE JANEIRO, BRAZIL (By Petrobras, 2.Apr.2026, Words: 268) â PETROBRAS following up on the announcement of 1 Dec. 2025, informs that the financial settlements related to the first redetermination of […]
Petrobras to pay R$6.97bn for rights and obligations in Mero and Atapu
SALVADOR DE BAHIA, BRAZIL (By Pedro Silva, Energy Analytics Institute, 4.Dec.2025, Words: 307) â Petrobras acquired the rights and obligations of the union in Mero and Atapu units at the non-contracted […]
Petrobras reports excellent quality oil find in Sudoeste de Tartaruga Verde exploration well
SALVADOR DE BAHIA, BRAZIL (By Pedro Silva, Energy Analytics Institute, 17.Nov.2025, Words: 171) â Petrobras has identified the presence of excellent quality oil in the pos-sal of the Campos Basin, […]
Ecopetrol eyes Gato do Mato production offshore Brazil in 2029, reserve incorporations in 2025
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 7.May.2025, Words: 275) â Colombiaâs state-owned Ecopetrol SA expects its Gato do Mato project offshore Brazil in the Santos Basin to start […]
Petrobras Finds Hydrocarbons at Norte de Brava Block Exploration Well
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 24.Mar.2025) â Petrobras found the presence of hydrocarbons in the Campos Basin pre-salt 1-BRSA-1394-RJS exploratory well located in the Norte de Brava […]
Petrobras Pre-salt Potential Confirmed with BĂșzios 9-BUZ-99D-RJS Well
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 14.Feb.2025) â Rio de Janeiro-based Petrobras confirmed the presence of oil at 9-BUZ-99D-RJS well, located in the western region of the BĂșzios […]
Tupi Field Consortium Extends FPSO Cidade de Angra dos Reis Charter to 2030
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 22.Jan.2025) â Petrobras, on behalf of the Tupi field consortium extending the charter period of the FPSO Cidade de Angra dos Reis […]
Petrobras Applauds New E&P Law that Governs Local Content SurplusesÂ
(Aaron Simonsky, Energy Analytics Institute, 27.Dec.2024) â On 26 Dec. 2024, the Brazilian government enacted Law 15,075/2024, which addresses the possibility of transfer of local content surpluses among contracts in […]
Sepetiba Platform Reaches Top Pre-salt Production
(Petrobras, 28.Aug.2024) â The platform ship Sepetiba, chartered by Petrobras, reached its top production, 180 million oil barrels per day (bpd), in the Mero field, in the Santo Basinâs pre-salt layer, […]
TotalEnergies Takes FID for Atapu-2 and SĂ©pia-2 Oil Developments
(TotalEnergies, 27.May.2024) â TotalEnergies, together with the operator Petrobras and their partners in the Atapu and SĂ©pia consortiums, have taken the Final Investment Decision (FID) for the second development phase […]
Petrobras Inks Deals for Platforms P-84 and P-85
(Petrobras, 24.May.2024) â Petrobras signed on 24 May 2024, contracts with Seatrium O&G Americas Limited to acquire the P-84 and P-85 vessel platforms. Both units will be self-owned and installed in […]
Petrobras Informs Resignation, Appointment of BODs Member
(Petrobras, 22.Jan.2024) â Petrobras received a letter of resignation from Mr. Efrain Pereira da Cruz from the position of Board Member and member of the Investment Committee. Due to the […]
Petrobras on Results of Santos Basin Exploratory Well
(Petrobras, 17.May.2023) â Petrobras has identified the presence of hydrocarbons in the Santos Basin pre-salt, in an appraisal well in the Aram block. Well 3-BRSA-1387D-SPS is located 260 km from the […]
Petrobras on Coparticipated Area of SĂ©pia
(Petrobras, 31.Oct.2022) â Petrobras confirms a discovery of oil in the Coparticipated Area of SĂ©pia with the drilling of well 4-BRSA-1386D-RJS, in the northwestern part of the field. The well […]
Petrobras Completes DST at Alto de Cabo Frio Central Block
(Petrobras, 11.Jul.2022) â Petrobras, following up on the release disclosed on 1 April 2022, has completed a Drill Stem Test (DST) on the 1-BRSA-1383A-RJS wildcat well (Alto de Cabo Frio […]
Libra Consortium Starts Production at Mero Field’s FPSO Guanabara
(Shell Brasil, 2.May.2022) â Shell Brasil PetrĂłleo Ltda., a subsidiary of Shell plc, announces the start of production of the FPSO Guanabara in the Mero field, offshore Santos Basin in Brazil. […]
Petrobras on Atapu and Sepia Contracts
(Petrobras, 27.Apr.2022) â Petrobras signed the Production Sharing Contract for the Surplus Volumes to the Transfer of Rights of Atapu in partnership with Shell Brasil PetrĂłleo Ltda (25%) and TotalEnergies […]
Petrobras on New Pre-Salt Find in the Alto de Cabo Frio Central Block
(Petrobras, 1.Apr.2022) â Petrobras discovered a new oil accumulation in the pre-salt in the southern portion of the Campos Basin, in a wildcat well in the Alto de Cabo Frio […]
Petrobras Submits Development Plan for Tupi and Iracema
(Petrobras, 22.Dec.2021) â 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) […]
PPSA Sale Plan Stokes Oil Contract Debate
(Argus, 12.Aug.2020) â The Brazilian government’s plan to sell state-owned pre-salt marketing company PPSA has stalled amid congressional foot-dragging over a change in pre-salt contract terms. Addressing reporters late yesterday, […]
Petrobras Starts Production In Atapu Pre-salt
(Petrobras, 25.Jun.2020) â Petrobras reports that it started today the production of oil and natural gas from the shared deposit of Atapu, through platform P-70, in the eastern portion of […]
Brazilâs PPSA Issues Pre-salt Oil Share Data
(Argus, 11.Jun.2020) â Brazil’s state-owned pre-salt marketing firm PPSA took around 17pc of crude from three production-sharing contracts in April, according to monthly data published by the firm for the […]
Petrobras Finds Oil At Campos Basin Natator Well
(Petrobras, 7.Apr.2020) â Petrobras informs that it has identified the presence of oil in a exploratory well of the Sudoeste de Tartaruga Verde block, located in the Campos Basin. The […]
Equinor Awarded Brazilian Contracts
(Equinor, 30.Jan.2020) â Equinor has, on behalf of the partners ExxonMobil and Petrogal Brasil entered into Front End Engineering and Design (FEED) contracts with early commitments and pre-investments for phase […]