Brazil
Seismic , Deepwater
PGS Gets Greenlight to Begin Surveying for Petrobras 4D Contract
After a long permitting process, PGS has secured the last permit needed to begin its large 4D survey contract with Petrobras at the Barracuda-Caratinga field offshore Brazil.
Field Development , Deepwater , Subsea
Petrobras Awards Subsea 7 a Large Contract Offshore Brazil
Under the contract, which is valued at over $1.25 billion, Subsea 7 will develop the Búzios 9 field in Brazil’s Santos Basin.
Exploration & Production
TotalEnergies FIDs Two Developments Offshore Brazil
TotalEnergies took FID for two developments offshore Brazil in the prolific Santos Basin where the French energy giant expects its equity production to soon exceed 200,000 boe/d.
Solar , Wind , Renewables , Hydrogen , Energy Storage , Geothermal , Bioenergy/Biomass , International
Energy Transition in Motion (Week of May 24, 2024)
Here is a look at some of this week’s renewable energy news, including a ‘breakthrough’ for enhanced geothermal systems.
Acquisitions & Divestitures
3R, Enauta Merge to Create Large Brazilian Independent
3R Petroleum Óleo e Gás SA and Enauta Participações SA will combine into a new entity with production that exceeds 100,000 boe/d and compete head-to-head with Brazilian producer Prio, according to Wood Mackenzie.
Highlights , Field Development , Discoveries , Deepwater , Acquisitions & Divestitures , Drilling , Subsea
E&P Highlights: May 20, 2024
Here’s a roundup of the latest E&P headlines, including development of the Belinda Field in the North Sea to new contract awards and service company acquisitions.
Resignations , Exploration & Production , International
Petrobras CEO Prates to Step Down
Brazil’s President Luiz Inácio Lula da Silva has requested that Petrobras CEO Jean Paul Prates resign following a dispute over dividend payments.
Offshore Technology Conference (OTC) , Exploration & Production , Deepwater , Conventional , Drilling , Completions , Subsea
Petrobras' Pioneering Tech Powers Decades-long, 2.9 Bboe Production
From discovery to revitalization, the deepwater Marlim Field offshore Brazil has driven development of technology while delivering more than 2.9 Bboe.
Field Development , Drilling , Subsea
E&P Highlights: May 6, 2024
Here’s a roundup of the latest E&P headlines, including technology milestones and new contract awards.
Exploration & Production , Crude Oil , Trade , International
Petrobras Sending Nearly Half of Oil Exports to China
Conflict in the Middle East has enabled Brazil’s state-owned Petrobras to change the flow of its oil exports, with China being the primary beneficiary, followed by Europe.