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 field. The discovery reaffirms the pre-salt potential of the BĂșzios field. This is a new accumulation in a zone below […]
Tag: PPSA
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 located in the Tupi field by an additional 5 years, until 2030. In specific, the consortium signed amendments to the […]
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 the exploration and production (E&P) of oil and natural gas. This is in accordance with Article 2, main section, item […]
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, last 27 Aug. 2024. This milestone was reached within the estimated time frame of eight months due to the promptness […]
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 of Atapu and SĂ©pia fields, located in the prolific pre-salt Santos Basin, offshore Brazil. The Atapu field has been producing since 2020 […]
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 the Atapu and SĂ©pia fields, respectively, in ultra-deep waters of the pre-salt of the Santos Basin, with first oil date […]
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 vacancy, the Federal Government, through a letter from the Ministry of Mines and Energy, appointed Mr. Renato Campos Galuppo to […]
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 city of Santos-SP, at a water depth of 1,979 meters. The well is in progress and the oil-bearing interval was […]
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 is located 250 km south of the city of Rio de Janeiro, under a water depth of 2197 meters, and […]
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 Central Noroeste) in the pre-salt of the southern portion of the Campos Basin. The new discovery, announced on 1 April, […]
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. The FPSO Guanabara, which while under construction was also known as Mero-1, has an installed capacity of 12 million cubic […]
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 EP Brasil Ltda. (22.5%), and a Production Sharing Contract for the Surplus Volumes to the Transfer of Rights of Sepia, […]
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 Central block. The well 1-BRSA-1383A-RJS (Alto de Cabo Frio Central Noroeste) is located 230 km from the city of Rio […]
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) of the Shared Deposit of Tupi and the Iracema Area. In this revision, the Tupi Consortium proposes new investments to […]
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, influential economy minister Paulo Guedes confirmed that the delay in selling the firm contributed to the departure of secretary Salim […]
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 the Santos Basin pre-salt, near the BĂșzios field. The Atapu shared deposit, which comprises the fields Oeste de Atapu, Atapu […]
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 first time. The company’s share of the 56,000 b/d of gross pre-salt production from the Mero, Etorno de Sapinhoa and […]
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 well, informally called Natator, is located 130 km from the city of MacaĂ© (RJ), in water depths of 1,080 meters, […]
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 1 of the Bacalhau (formerly CarcarĂĄ) area in Brazil. Contractors have been selected for both the SURF (Subsea, Umbilical, Risers […]