Search results for: Tartaruga Verde

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  • 4 January 2013
    Business & Finance, Operations & Maintenance

    On December 28th, Petrobras submitted Declarations of Commerciality to Brazil’s National Petroleum, Natural Gas and Biofuels Agency (ANP) for the oil and gas accumulations in the Aruanã and Oliva areas, located in concession BM-C-36, block C-M-401, in the Campos Basin post-salt. In the proposal sent to the ANP, Petrobras suggests that the Aruanã accumulation be […]

  • 3 January 2013

     Petrobras, Brazil’s state-controlled oil company, today announced it has submitted Declarations of Commerciality to Brazil’s National Petroleum, Natural Gas and Biofuels Agency (ANP) for the oil and gas accumulations in the Aruanã and Oliva areas, located in concession BM-C-36, block C-M-401, in the Campos Basin post-salt, in Brazil. In the proposal sent to the ANP, […]

  • 4 February 2014

    Three contractors are competing in a race to win an FPSO contract award from the Brazil’s state-run oil company, Petrobras. According to Bloomberg, which cited sources close to the matter, the companies in question are Dutch SBM Offshore, Japan’s Modec and Norwegian BW Offshore. The floating, production, storage and offloading unit would be deployed at […]

  • 6 October 2016

    Brazil’s state-owned oil giant Petrobras is negotiating with Karoon Gas Australia the sale of its participation in the Baúna and Tartaruga Verde fields, located in Santos and Campos basins, respectively.  Petrobras said on Thursday that the potential transaction considers the sale of 100% of the stake in the Baúna field, located in shallow waters of […]

  • 19 June 2018

    Petrobras has started non-binding phases for the sale of Bauna and Tartaruga Verde fields offshore Brazil.

  • 17 March 2017

    Oil and gas company Karoon Gas Australia has informed that a suspension of Petrobras’ process to sell two of its assets offshore Brazil to the Australian company is still in force.  Earlier this week, the Brazilian Federal Accounting Court (TCU) allowed Petrobras to continue its asset divestment program aimed to reduce the oil company’s massive debt […]

  • 3 November 2014
    Business & Finance

    Brazil’s Petrobras and PPSA (Pré-Sal Petróleo S.A.) on Friday, October 31, 2014, signed a Production Individualization Agreement (PIA) of the Tartaruga Mestiça, located at the south portion of the Campos Basin, off the coast of Rio de Janeiro state.  This Agreement sets out the rules of joint execution of oil and natural gas production and developing operations […]

  • 28 August 2018
    Infrastructure

    Brazilian oil major Petrobras has begun the binding phase related to the sale of 50% of its non-operated working interest in Tartaruga Verde field and Module III of Espadarte field, both located in deep water in Campos Basin.

  • 20 December 2016

    Petrobras’ sale of Baúna and Tartaruga Verde assets, offshore Brazil, to Karoon is still on hold following the court’s rejection of the Brazilian company’s appeal. Petrobras and Karoon started negotiating the sale of an operated 100% interest in the Baúna oil project and a non‐operated 50% interest in the Tartaruga Verde oil development in October this […]

  • 21 November 2016

    Australian energy company Karoon Gas has hit an obstacle in its efforts to buy stakes in two fields offshore Brazil from the state-owned oil giant Petrobras as the latter was ordered by the court to stop the sale process.  Petrobras revealed back in October this year it was in talks with the Australian company Karoon […]

  • 22 November 2016

    Following a report by the Australian energy company Karoon on Monday regarding a court order to Petrobras to stop the sale of its interest in Baúna and Tartaruga Verde fields off Brazil, Petrobras has said it intends to fight the order.  Petrobras said later on Monday it became aware of the existence of such an order. Earlier […]

  • 30 December 2019

    Malaysian oil and gas company Petronas has completed the transaction for the acquisition of a 50 percent interest in the Tartaruga Verde producing field and Module III of the Espadarte field.

  • 30 March 2017

    Australian oil company Karoon Gas is no longer in exclusive talks with the Brazilian state-owned oil giant Petrobras regarding the sale of interest in two fields off Brazil as Petrobras is starting a new process.  On October 7, 2016, Karoon Gas Australia confirmed the award of the right to negotiate a final agreement with Petrobras, […]

  • 16 December 2016

    Karoon Gas remains committed to buying Petrobras’ Baúna and Tartaruga Verde assets, offshore Brazil, after their exemption from any further suspension by the Brazilian court.  Petrobras and Karoon started negotiating the sale of an operated 100% interest in the Baúna oil project and a non‐operated 50% interest in the Tartaruga Verde oil development in October this year. The sale […]

  • 5 April 2018
    Infrastructure

    Petrobras has started the opportunity disclosure stage related to the sale of its 50% non-operated working interest in two deep water offshore exploration and production assets located in the Campos Basin off Brazil. 

  • 12 June 2014
    Business & Finance

    SBM Offshore, the world’s largest FPSO supplier, will not be taking part in Petrobras’ FPSO tenders.

  • 28 May 2014
    Business & Finance

    World’s largest FPSO supplier could miss out on Libra and Tartaruga Verde bidding in Brazil.

  • 26 June 2018
    Infrastructure

    Brazil’s Petrobras has kicked off oil production from its Tartaruga Verde (Green Turtle) field in deep water of Campos basin, offshore Brazil.

  • 8 April 2020
    Business developments & projects, Exploration & Production

    Brazilian oil and gas company Petrobras has identified the presence of oil in an exploration well of the Sudoeste de Tartaruga Verde block, located in the Campos Basin in Brazil. 

  • 26 April 2019
    Business & Finance, Infrastructure

    Brazilian oil and gas giant Petrobras has executed three sale and purchase agreements to sell assets in the total amount of $10.3 billion (about R$40 billion).

  • 16 March 2017

    Brazilian court has ordered the state-owned oil company Petrobras to restart its assets sale program, meant to help the company reduce its massive debt, except for two projects. Brazil’s Federal Accounting Court (TCU) on Wednesday overturned an injunction from December last year that had prevented Petrobras to sign any new asset sales and conclude those in […]

  • 29 December 2016

    Brazil’s state-owned oil company Petrobras has fallen $1.5 billion short of its two-year asset divestment target. The company blamed the court order blocking the sale of two fields to Australia’s Karoon for missing the target.  Petrobras said on Thursday that its divestments program has chalked up a total of $13.6 billion in the period 2015-2016, which is […]