Petrobras has completed drilling another well in the Franco area (Santos Basin pre-salt), included in the Right's Transfer agreement. Known as the 3-BRSA-1184-RJS (3-RJS-723), the well is located at a water depth of 2,011 meters, some 200 ...
Tags: petrobras, well, Right's Transfer area
Petrobras announces it has completed drilling the fifth exploratory well in the Santos Basin pre-salt Iara area, block BM-S-11. Well 3-RJS-715D (3-BRSA-1181D-RJS), informally known as Iara Alto Ângulo ('Iara steep angle'), is ...
CNOOC Limited announced that the Company, as part of a consortium comprised of Petrobras, Shell, Total and CNPC, has been awarded a 35-year production sharing contract to develop the Libra pre-salt oil discovery in the Santos Basin, ...
Tags: Offshore Oil Project, CNOOC
China's top three oil and gas producers have signed up for bidding for a block of a deepwater oil field in Brazil, each. Brazil will hold a bidding for a pre-salt block in the Libra oil field and the first round is scheduled to be held on ...
Tags: Metallurgy, Mineral, Energy, gas, oil
Brazil's government plans to finance state-run oil company Petroleo Brasileiro SA's participation in the October 21 auction of Libra, country's largest-ever oil discovery, the Estado de S. Paulo daily newspaper reported on Saturday. The ...
Tags: oil, Metallurgy, Mineral, Energy
Petrobras to build center of excellence for the shipbuilding industry in Brazil Tuesday, May 14, 2013 The plans to build a center of excellence for the shipbuilding industry in Brazil were highlighted in the presentation made by Paulo ...
Tags: Petrobras, Shipbuilding Industry
Shell is working to meet Brazil's stringent local content requirements, but says there is a worry about industry capacity four or five years down the line, Shell Brazil CEO Andre Araujo said Thursday. Local content rules set ...
Tags: Shell, stringent local content, oil platform
The Brazilian government Friday announced a rise in the amount of ethanol mixed into gasoline sold at the pumps to 25% from 20% from May 1. The announcement was published in the official Union Diary and, the government said, was taken ...
Minister for Mines and Energy Edison Lobao said Wednesday the proportion of ethanol added to gasoline would be increased from 20% to 25% on May 1. Speaking to reporters in Brasilia following a meeting with Finance Minister Guido ...
Chevron has proposed a deal to Brazilian prosecutors to resolve Real 40 billion ($19.17 billion) in outstanding legal actions over the Frade Field oil spill. In the proposal, discussed at a public hearing at federal prosecutors' offices ...
Tags: spill litigation, Chemicals, Chevron