(Petrobras, 8.Sep.2020) — Petrobras, following up on the release from 10 August 2020, informs the beginning of the binding phase regarding the sale of 50% to 100% of its stake, with the passing of the operation, in the BM-S-51 concession, in the Santos Basin. The concession is located at water […]
Tag: Santos Basin
Petrobras To Offer Third-party Access To Gas Plants
(Argus, 28.May.2020) — Brazil’s state-controlled Petrobras is opening its natural gas-processing plants to third parties, another step toward opening the country’s gas market to greater competition. Petrobras has started offering gas-processing capacity to current producers, and will offer capacity to other interested parties in a future phase, the company said […]
ANP’s 6th Round Gets R$5.05bn Bid
(ANP, 7.Nov.2019) — The 6th Production Sharing Bidding Round, held today (November 7) by ANP, bid the block Aram in the Santos Basin. The Round raised R$ 5.05 billion in signature bonus and R$ 278 million in planned investments in the first phase of the contract alone (exploration phase). The […]
Shell Awards Contract To Halliburton For Offshore Project In Brazil
(Chron.com, Sergio Chapa, 17.Apr.2019) — Royal Dutch Shell has awarded a three-year contract to Houston oilfield service company Halliburton to explore and develop two projects off the coast of Brazil. The projects are located in Brazil’s Campos and Santos Basins. The Campos Basin is 90 miles off the coast of […]
Royal Dutch Shell Provides 3Q:18 Highlights For Brazil And Argentina
(Energy Analytics Institute, Jared Yamin, 2.Nov.2018) — Royal Dutch Shell provided an update related to portfolio developments in Brazil and Argentina during the third quarter 2018. Third Quarter 2018 Portfolio Developments Upstream During the quarter, Shell and its partner Chevron won a 35-year production-sharing contract for the Saturno pre-salt block […]
Shell Adds Material Acreage To Its Deep-water Position In Brazil
(Shell, 28.Sep2018) — Shell Brasil PetrĂłleo Ltda, a subsidiary of Royal Dutch Shell plc, and its bid consortium member Chevron Brasil Ă“leo & Gás Ltda, won a 35-year production sharing contract for the Saturno pre-salt block located off the coast of Brazil in the Santos Basin. Shell will pay its […]
Oil Auction from Brazil Transfer-of-Rights Unlikely in 2018
(Reuters, 23.Aug.2018) — A Brazilian auction of rights to develop additional oil-producing areas in the country’s so-called transfer-of-rights region is unlikely this year, Brazil’s Deputy Mining and Energy Minister Marcio Felix said on Tuesday. The government in 2010 transferred to state-run oil company PetrĂłleo Brasileiro S.A., known as Petrobras, rights […]
Petrobras says Entorno de Sapinhoá Block Viable
(Reuters, 20.Jul.2018) – Brazil’s state-controlled oil company PetrĂłleo Brasileiro SA said that areas it operates adjacent to the Entorno de Sapinhoá block in the Santos basin are commercially viable, according to a securities filing on Friday. Petrobras has a 45 percent stake in Sapinhoá, while Shell Plc has a 30 […]
Petrobras, Total Finalize Strategic Alliance
(Petrobras, 1.Mar.2017) – Petrobras and Total signed the sales contracts for the assets in the Strategic Alliance, as set out in the Master Agreement signed on the 21st of December, 2016. The contracts signed yesterday form a Strategic Alliance between both companies creating new partnerships in the Upstream and Downstream […]
Petrobras’ New Pre-Salt Record
(Petrobras, 13.May.2015) – Petrobras announces that on April 11, 2015, oil production in the fields it operates in the pre-salt province of the Santos and Campos basins reached the milestone of 800,000 b/d, constituting a new daily production record. Of this volume, around 74% (590,000 b/d) corresponds to Petrobras’ share […]
Karoon Confirms Find at Echidna-1 Well
(Karoon Gas Australia Ltd., 21.Apr.2015) – Karoon Gas Australia Ltd. announced that a 699 foot (213 meter) gross oil column has been confirmed in the Echidna-1 exploration well in Block S-M-1102, Santos Basin offshore Brazil from wireline pressure data across the Paleocene and Maastrichtian aged reservoir intervals. Physical oil samples […]