Search results for: Pre-Salt

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A list of search results

  • 23 October 2017

    Brazil’s oil and gas agency ANP has defined the criteria for winning blocks in the 2nd and 3rd Pre-Salt Bidding Rounds set to be held on Friday in Rio de Janeiro. The two rounds will offer blocks for exploration and production of oil and natural gas, on a production sharing basis. According to the ANP, […]

  • 26 September 2017

    Brazil’s oil and gas agency ANP has revealed a list of companies that have qualified for the participation in the second and third licensing round for pre-salt areas offshore Brazil. Ten companies expressed interest in taking part in the 2nd pre-salt round, of which eight have qualified: ExxonMobil, Petrogal, Petrobras, Petronas, Repsol Sinopec, Shell, Statoil, […]

  • 16 April 2015
    Business & Finance

    Brazil’s state-run oil company Petrobras has denied it has plans to sell stakes in its pre-salt assets.  Namely, reports have emerged that Petrobras might sell some of its pre-salt assets prompting the company to issue a statement denying  the media writings. In particular, Petrobras rebuffed the report by Brazilian newspaper Valor Economico published on Wednesday, April 15, 2015, […]

  • 6 June 2016

    Brazilian state-owned oil company Petrobras has informed that its pre-salt oil production has reached over 1 million barrels per day, accounting for 40% of oil production from Petrobras-operated facilities in Brazil.  According to Petrobras, on May 8, oil production from facilities operated by the oil company in the Brazilian pre-salt layer broke a new record, […]

  • 15 June 2015

    Brazil’s state-owned Petrobras has set two new monthly output records with pre-salt production in May 2015.  According to the press release, production handled by the company, including both Petrobras and partner production, reached a new high of 726,000 barrels per day, up 1.6% on the April figure (715,000 bpd). This includes Petrobras’ own record output […]

  • 17 April 2015

    Petrobras’ oil and natural gas output in Brazil and abroad, in March 2015, was 2,764,000 barrels of oil equivalent per day (boed), down 1.3% from February 2015 (2,801,000 boed). Of this total, 2,574,000 boed were produced in Brazil and 189,900 boed abroad. The output of 2,764,000 barrels of oil equivalent per day (boed) is 8.3% […]

  • 2 June 2014
    Business & Finance

    Petrobras oil production in Brazil in April averaged 1 million 933 thousand barrels per day (bpd), up by 0.4% from March’s production of 1 million 926 thousand bpd.

  • 22 July 2012
    Business & Finance

    Petrobras subsidiaries Tupi BV and Guará BV, together with consortium members BG Group, Petrogal Brasil, and Repsol Sinopec Brasil SA, have given the go-ahead for ten contracts totaling US$4.5 billion for the construction of the first six topside modules (processing plant, utilities and living quarters) for eight identical (Replicant) FPSOs (floating, production, storage and offloading […]

  • 27 January 2011

    Petrobras announces a new discovery of good quality oil in the pre-salt reservoirs of block BM-S-9, in ultra deep waters of Santos Basin. The discovery was a result of the drilling of well 3-BRSA-861-SPS (3-SPS-74), informally known as Carioca Nordeste, located in a water depth of 2,151m and 275 km off the coast of the […]

  • 27 January 2011
    Business & Finance

    Technip announces today a new investment project to expand its flexible pipe manufacturing footprint in Brazil adding capacity for additional volume and high-end products. The very significant development of Brazil’s hydrocarbon reserves in recent years has driven huge growth in the demand for flexible pipes for infield flowlines(1) and risers(2). Currently there are several thousand […]

  • 9 June 2016

    Brazilian oil company Petrobras said that in May the company achieved the fifth biggest monthly average production ever. The company’s total production of oil and natural gas in May was of 2.83 million barrels of oil equivalent per day (boed), 5% higher than the volume produced in April (2.69 million boed) and 2% higher than […]

  • 6 May 2013

    Brazil’s national oil company Petrobras is taking part, between May 6th and 9th, in the Offshore Technology Conference (OTC), which has kicked off today in Houston (USA). This is the world’s biggest event devoted to offshore oil exploration and production. At this year’s event, which will be attended by CEO Maria das Graças Silva Foster, […]

  • 13 May 2015

    Brazil’s state-owned giant, Petrobras, has announced 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 barrels per day (bpd), constituting a new daily production record. According to Petrobras, around 74% (590,000 bpd) of this volume corresponds to […]

  • 16 January 2014

    Petrobras announces that its proven pre-salt reserves are up 43% in 2013 compared to 2012. Since 2007, the Company has been adding increasing amounts to its proven reserves coming from the pre-salt layer, which extends from the south of the state of Espírito Santo to the state of Santa Catarina. Currently, more than a quarter […]

  • 16 January 2014
    Business & Finance, Operations & Maintenance

    Petrobras announces that its proven pre-salt reserves are up 43% in 2013 compared to 2012. Since 2007, the Company has been adding increasing amounts to its proven reserves coming from the pre-salt layer, which extends from the south of the state of Espírito Santo to the state of Santa Catarina. Currently, more than a quarter […]

  • 16 February 2015

    Petrobras has announced that its total domestic oil and natural gas production in January 2015 was 2.661 million barrels of oil equivalent per day (boed), averaging about the same as December of last year (2.675 million boed). The total domestic oil and natural gas production operated by Petrobras, including the share operated for its partner […]

  • 22 December 2016
    Business & Finance

    French oil major Total will team up with the Brazilian state-owned oil company Petrobras in two pre-salt fields off Brazil, Iara and Lapa fields. Total will take over operatorship of the Lapa field, which recently came online. The pair signed on Wednesday an assets package agreement in the framework of their strategic alliance announced in October 2016 where […]

  • 17 July 2017

    Brazilian oil giant Petrobras reached two new records in its production from the pre-salt layer in June.  The state-owned company reported on Monday that its total oil and natural gas production in June was 2.81 million barrels of oil equivalent per day (boed), of which 2.70 million boed produced in Brazil and 113 thousand boed […]

  • 6 May 2014

    Petrobras’ March total oil and natural gas production in Brazil was 2,331 million barrels of oil equivalent per day (boed), up by 0.2% from February’s production of 2,327 million boed. Including the production operated by Petrobras for its partners in Brazil, the volume reached 2,483 million boed, indicating a 0.3% rise compared to a month […]

  • 16 August 2017

    Brazilian oil giant Petrobras has reported a drop in pre-salt production in July due to a scheduled stoppage on the P-58 FPSO. The state-owned company reported on Tuesday that its total oil and natural gas production in July was 2.74 million barrels of oil equivalent per day (boed), of which 2.63 million boed produced in […]

  • 20 October 2017
    Infrastructure

    Brazil’s Petrobras has selected Japan’s MODEC for the delivery of an FPSO for its Sepia development in Brazil. According to the Japanese floating production systems supplier, the contract for the supply, charter, and operations of the FPSO was signed on October 13, 2017. The firm charter period of the contract is 21 years. The FPSO […]

  • 20 March 2015

    Brazilian state run oil company Petrobras has said its production from the Santos and Campos basin pre-salt clusters reached record levels in February. On February 26th, records were broken for Petrobras’ own output, which rose to 555,000 barrels per day (bpd), and for output from concessions operated for other companies (including operations run for partner […]