Search results for: polvo field

38198 results

A list of search results

  • 4 February 2014
    Business & Finance

    HRT Participações em Petróleo S.A. last week concluded the first crude offtake of 233.3 thousand barrels (net HRT) under HRT O&G’s responsibility as the operator of the Polvo Field, in the Campos Basin, offshore Brazil. Next HRT O&G’s crude oil sale will likely happen by no later than the first week of March, 2014, with […]

  • 4 December 2015
    Business & Finance

    BW Offshore, a Norway-based provider of floating production facilities, has secured a contract extension for one of its FPSOs in Brazil. The extension for lease and operation of the FPSO Polvo is for two years. The FPSO is operating on the Polvo field offshore Brazil. According to BW Offshore the firm period has been extended to […]

  • 22 February 2019
    Infrastructure

    Brazilian oil company PetroRio is set to invest further into the Polvo field as part of the offshore field’s revitalization plan, which aims to increase the Polvo field’s recovery rates and extend its useful life.

  • 4 December 2015

    BW Offshore has received a two year contract extension for the lease and operation of the FPSO Polvo. The FPSO is operating on the Polvo field offshore Brazil for Petrorio. The firm period has been extended to Q3 2018 (from Q3 2016), with options until Q3 2022. BW Offshore’s FPSO Polvo is capable of handling a daily oil production […]

  • 25 December 2013
    Business & Finance, Operations & Maintenance, Project & Tenders

    HRT Participações em Petróleo S.A. (HRT), together with its wholly-owned subsidiary, HRT Oil & Gas Ltda (HRTO&G), have acknowledged the approval of the request for the Assignment of Interests regarding a 60% participating interest in the Polvo Field from BP Energy do Brasil Ltda (BP) to HRT O&G by the National Petroleum, Natural Gas and […]

  • 13 January 2014
    Business & Finance

    BW Offshore has signed an agreement with HRT for a one year extension for the lease and operation of the FPSO Polvo. The firm period has been extended to Q3 2015 (from Q3 2014), with options until Q3 2022. The Polvo oil field is owned by HRT (operator, 60%) and Maersk (40%). With reference to BW Offshore’s notice […]

  • 6 May 2013

    BP announced today that it has agreed to sell its 60% interest in the Polvo oil field in Brazil to HRT Oil & Gas Ltda for $135m in cash. Subject to regulatory approvals, BP expects the deal to close in the second half of 2013. “Over the past two years BP has built a significant […]

  • 25 December 2013
    Business & Finance, Project & Tenders

    HRT Participações em Petróleo S.A. (the “Company” or “HRT”), together with its wholly-owned subsidiary, HRT Oil & Gas Ltda (“HRTO&G“), announce that it acknowledged the approval, through the Official Letter given on December 18th, 2013, of the request for the Assignment of Interests regarding a 60% participating interest in the Polvo Field from BP Energy do […]

  • 9 July 2014
    Business & Finance, Project & Tenders

    HRT Participações em Petróleo S.A. has confirmed signing of a purchase and sale agreement with Maersk Energia Ltda (“Maersk”) to acquire a 40% participating interest in the Polvo Field, in the Campos Basin, offshore Brazil. The completion of the purchase and sale transaction between HRTO&G and Maersk is subject to certain conditions, including the final approval […]

  • 13 January 2014
    Business & Finance

    BW Offshore has signed an agreement with HRT for a one year extension for the lease and operation of the FPSO Polvo. The firm period has been extended to Q3 2015 (from Q3 2014), with options until Q3 2022. The Polvo oil field is owned by HRT (operator, 60%) and Maersk (40%). With reference to […]

  • 13 January 2020
    Business & Finance, Infrastructure

    BW Offshore has signed an agreement with PetroRio for a one-year extension for the lease and operation of the FPSO Polvo.

  • 9 July 2014
    Business & Finance

    HRT Participações em Petróleo S.A., jointly with its wholly-owned subsidiary, HRT Oil & Gas Ltda announces that it has entered into a purchase and sale agreement with Maersk Energia Ltda to acquire a 40% participating interest in the Polvo Field, in the Campos Basin. The completion of the purchase and sale transaction between HRTO&G and […]

  • 14 April 2014

    BW Offshore in December last year announced the Letter of Intent to acquire 30% of the participating interests in the Polvo oil field in Brazil from HRT O&G Exploração e Produção de Petróleo Ltda. (“HRT”). Such transaction was subject to due diligence, and regulatory, governmental and board approvals. Upon the expiry of the backstop date […]

  • 8 January 2018
    Business & Finance, Infrastructure

    BW Offshore has been awarded a contract extension for its floating production storage and offloading (FPSO) unit operating offshore Brazil. 

  • 1 April 2015
    Business & Finance, Equipment, Operations & Maintenance

    BW Offshore has signed an agreement with Petrorio for a one year extension for the lease and operation of the FPSO Polvo. According to BW Offshore, the firm period has been extended to Q3 2016 (from Q3 2015), with options until Q3 2022. The FPSO Polvo, which first arrived on station in 2007, is capable […]

  • 13 January 2014
    Business & Finance

    BW Offshore has signed an agreement with HRT for a one year extension for the lease and operation of the FPSO Polvo. The firm period has been extended to Q3 2015 (from Q3 2014), with options until Q3 2022. The Polvo oil field is owned by HRT (operator, 60%) and Maersk (40%). With reference to […]

  • 13 December 2013
    Business & Finance

    BW Offshore has signed a Letter of Intent to acquire 30% of the Polvo oil field in Brazil. The definitive agreements are still subject to a due diligence process to be conducted by BW Offshore, and remains subject to regulatory, governmental and board approvals. Following the ongoing sale of BP’s stake in the Polvo field […]

  • 13 December 2013
    Business & Finance, Project & Tenders

    BW Offshore has signed a Letter of Intent to acquire 30% of the Polvo oil field in Brazil. The definitive agreements are still subject to a due diligence process to be conducted by BW Offshore, and remains subject to regulatory, governmental and board approvals. Following the ongoing sale of BP’s stake in the Polvo field […]

  • 1 April 2015
    Business & Finance

    BW Offshore has signed an agreement with Petrorio for a one year extension for the lease and operation of the FPSO Polvo. According to the company, the firm period has been extended to Q3 2016 (from Q3 2015), with options until Q3 2022. BW Offshore is operating the FPSO Polvo on the Polvo field located […]

  • 8 January 2018
    Project & Tenders

    BW Offshore has secured a one-year extension for the lease and operation of the FPSO Polvo with Petrorio. The firm period has been extended from Q3 2018 to Q3 2019. Furthermore, the contract  has an extension options until Q3 2022, the company noted. The FPSO is operating on the Polvo field, located in permit BM-C-8 […]

  • 4 February 2020
    Business & Finance, Infrastructure

    Brazilian oil and gas company PetroRio has signed binding documents for the acquisition of the OSX-3 FPSO for $140 million and the farm-in with Dommo Energia of 80% in the Tubarão Martelo field (TBMT) off Brazil, where the vessel is currently chartered.  PetroRio said on Monday that the acquisition would allow for the tieback between […]

  • 18 August 2006

    Devon Energy Corp. (DVN) said Thursday it will drill three new exploration wells in Brazil starting in October and is betting on new oil discoveries in the South American country. The main purpose for drilling the new wells is to gain further knowledge about the limits of Devon’s Polvo field in the BM-C-8 block of […]