Brazil

News
August 31, 2023
Trendsetter Engineering, Inc. announced a two‐year contract extension with a major operator in Brazil for the use of the 6” 15K Trident Intervention System to facilitate well interventions, as well as plug and abandonment operations. 
News
August 29, 2023
The company’s internal estimate is 38 MMboe of proven recoverable resources, predominantly oil, of which 19 MMboe developed and producing and 19 MMboe undeveloped, defined infill opportunities. BW Energy has identified a further 0.7 Tcf of recoverable gas accumulations for potential future development. 
News
August 23, 2023
A major impact study that environmental authorities are demanding as a requirement isn’t necessary for the project, the attorney general’s office, or AGU, said in an opinion that was released on Tuesday.
News
August 09, 2023
The attorney general’s office, or AGU, will issue an opinion that it is not necessary for Petroleo Brasileiro SA to conduct a major environmental impact study to begin prospecting oil in the so-called Foz do Amazonas, a region off the country’s northern coast, according to two people with knowledge of the matter.
News
June 21, 2023
The FPSO’s design incorporates SBM Offshore’s industry leading Fast4Ward new build, multi-purpose hull.
News
June 07, 2023
The innovative 2D-cubed technology utilizes a structurally conformable interpolation engine that transforms 2D data into a comprehensive 3D volume, which can be interpreted on a regional scale.
News
June 06, 2023
Strohm was awarded a contract with independent E&P operator PRIO (formerly known as PetroRio) to provide its composite pipe solutions to support operations at its Frade field.
News
June 01, 2023
The project has already drilled 5 producing wells and 5 injectors. These wells will produce up to 150,000 bbl of crude oil, 6 MMcm of natural gas and inject 220,000 bbl of water per day.
News
May 29, 2023
The Brazilian company has had an oil rig in place since early December, awaiting approval to drill in block FZA-M-59, costing around $1 million a day.
News
May 17, 2023
The well is in progress and the oil-bearing interval was verified through wireline logging and fluid samples, which will be further characterized through laboratory analyses.
News
May 11, 2023
Equinor has, on behalf of the BM-C-33 license offshore Brazil with partners Repsol, Sinopec Brasil and Petrobras, awarded a contract for subsea umbilicals, risers and flowlines (SURF) to TechnipFMC, and a sales and purchase agreement (SPA) for the delivery of a floating production, storage and offloading (FPSO) unit to MODEC Inc.
News
May 08, 2023
The concept selected for BM-C-33 is based on an FPSO, capable of processing natural gas and oil/condensate and specifying these for sale without a need for further onshore processing.
News
April 27, 2023
The P-82 FPSO will be one of the largest vessels to be deployed in the Búzios field, an ultra-deepwater oil and gas field covering an area of 853 square kilometers in the Santos Basin, around 180 kilometers off the coast of Rio de Janeiro, Brazil.
News
April 12, 2023
The FPSO vessel has three power modules, each with two Wärtsilä 50DF dual-fuel engines. Under the new contract, Wärtsilä will continue to have an onboard crew operating the modules on a 24/7 basis.
News
April 06, 2023
The region is one of three countries ExxonMobil is attempting to capitalize on. While assets in Guyana and U.S. shale are looking positive, Exxon still hasn’t made an oil discovery in Brazil.
News
April 04, 2023
The FPSO’s design incorporates SBM Offshore’s Fast4Ward newbuild, multi-purpose hull. It will be the largest oil producing unit in Brazil with a processing capacity of 225,000 boe and 12 million m3 of gas per day.
News
March 24, 2023
“We will get market share,” Prates, Chief Executive Officer of Petrobras, said in an interview in Rio de Janeiro. “We may be the last to produce oil in the world.”
News
March 15, 2023
Karoon announced that the PAT-2 well, one of two new production wells drilled into the Patola field in the BM-S-40 production license in Brazil, came onstream on March 15 at a rate of 12,000 – 14,000 bopd.
News
March 14, 2023
Preliminary analysis of the logging-while-drilling and wireline log data available at Neon-2 has confirmed that, as at Neon-1, the Paleocene sandstone primary target zones are present and oil bearing at this location.
News
March 09, 2023
Petrobras’ CEO, Jean Paul Prates, took advantage of the presence of the leaders of the largest energy companies on the planet at CERAWeek by S&P Global to promote the importance of joint actions by the industry both in renewable energy projects and in initiatives for better use of oil and gas reserves.
Article
February 2023
Optimism prevails as investments and improvements point to production growth.
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