Petrobras announces that oil production (oil plus natural gas liquids – NGL) from all of Petrobras' fields in Brazil averaged 1,960 thousand barrels per day (bpd) in October, remaining practically stable when compared to September ...
The CO2 EOR market is a well established sector of the oil and gas industry in the United States with the first commercial projects dating back to the early 1970s. The key enabler of this success has been the availability of a large volume ...
Tags: CO2, Oil Recovery
Petrobras has acquired, alone or in partnership, 49 blocks, out of the 50 to which the company presented offers, in the 12th Bidding Round held today by the Brazilian National Petroleum, Natural Gas and Biofuels Agency (ANP). Among the ...
Tags: Metallurgy, Mineral, Energy, Oil
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
DOF Subsea AS has been awarded several contracts, with a total value of approx. NOK 400 million. In the Brazil region DOF Subsea has been awarded an RSV contract with Petrobras. The contract has a firm period of 18 months and mobilization ...
China is expanding its scope in looking for energy resources in foreign assets, participating actively in the international oil and gas market to ensure the domestic supply is driven by economic growth. China Petroleum and Chemical Corp, ...
Tags: Gas Sources, Oil Sources
China National Petroleum Corporation will pay $2.6 billion for oil and gas assets in Peru, according to a press release from its listed unit PetroChina on Wednesday. CNPC, the country's largest oil and gas producer and supplier, will buy ...
Tags: Oil Assets, Mineral
Petrobras, in compliance with the provision set forth in CVM Instruction 358/02, announces that its Board of Directors, in a meeting held today, has approved the following merger proposals, which will be voted by shareholders in a Special ...
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 ...
Petrobras started up production on platform P-63, connected to well PPT-12, in the Papa Terra field, located in the southern Campos Basin. The FPSO (Floating Production Storage and Offloading) platform is anchored at a water depth of ...
Sevan Marine ASA (the "Company") is pleased to announce that a company within the Logitel Offshore group of companies ("Logitel") has entered into a 3 year charter contract (the "Contract") with Petrobras commencing end 2014 for the ...
Tags: Sevan Marine, ASA, Logitel, award
Petrobras announces that it started yesterday, November 11th, production at Papa Terra field, located at the south of Campos Basin, with platform P-63, which is connected to well PPT-12. The FPSO (Floating Production Storage and ...
The US National Security Agency (NSA) has allegedly monitored 60 million phone calls in Spain in just one month. The reports, stemming from Spanish newspaper El Mundo, claim that documents provided by former NSA ...
Tags: Merkel Phone-Tapping
Brazil heralded this week's auction of a huge oil field as a vindication of its state-dominant approach to its oil riches, but some industry experts say the country must modify its rules before new fields are sold for Brazil to achieve its ...
Tags: Oil, Metallurgy, Mineral, Energy
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