Brazil has more than doubled the number of risky ship-to-ship oil transfers this year, but its monitoring of such offshore maneuvers is lax, to a point where a July 2017 collision between two tankers was not reported, according to a Reuters review of government and shipping records…
Petrobras says it reached a USD370mln deal with Perenco to sell its operations in the Polo Nordeste and granted oil 3R Petroleum a 40-year concession to operate 34 oil fields in Bacia Potigar in a deal worth USD453mln.According to a press release…
It’s a smaller, more focused exploration world as we start 2018. Elaine Maslin discusses the main themes for 2018 with Wood Mackenzie’s Andrew Latham (First published in the January 2018 OE, access full issue here). Deepwater is very…
Brazilian national oil company Petrobras announced that they will install a permanent 4D seismic monitoring system at the 1500sq km Lula field, in the pre-salt Santos basin. Four-dimensional seismic encompasses time, in addition to the three dimensions of space…
On 4 Dec 2013, OGX Petroleo e Gas SA , Brazil's second-largest oil company by market value, began production in the Tubarão Martelo field, located in the BM-C-39 and BM-C-40 blocks, through the horizontal well TBMT-8H. On 29 Nov 2013…
OGX Petróleo e Gás Participações S.A. (OGX)), received the Installation License to begin activities related to the development of oil production in BM-C-39 and BM-C-40 blocks, in the Campos Basin. The license was granted by the Brazilian…
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