Tag Archive

Total and Petrobras Announce Progress in their Strategic Alliance

Total and Petrobras Announce Progress in their Strategic Alliance

December 21, 2018 No Comments

Total and Petrobras announced that they have achieved significant progress in the scope of their Strategic Alliance, signed in March 2017: The first concrete results of jointly implemented R&D projects. Examples of such work include in particular: – With regard to artificial intelligence: new automatic techniques to identify geological faults, leading to significant efficiency gains. […]

Apodi Solar Plant

Apodi Solar Plant

November 28, 2018 No Comments

Around 170,000 households in Brazil are now powered with electricity from the Apodi Solar Plant. The 162 MW Apodi Solar plant, operated by Scatec Solar, was Equinor’s first step into solar energy. It is grid connected and in commercial operation. “This is a strategic milestone for Equinor. The Apodi project was our first step into […]

Total acquires  Grupo Zema distribution business

Total acquires Grupo Zema distribution business

November 22, 2018 No Comments

Total has entered into an agreement with Brazilian company Grupo Zema to acquire its fuel distribution company Zema Petróleo, its reseller and retailer arm Zema Diesel as well as its importation company Zema Importacao. Zema Petróleo currently manages an extensive branded network of 280 dealer-operated service stations and several oil products and ethanol storage facilities, […]

Shell adds new, deep-water production in Brazil

Shell adds new, deep-water production in Brazil

October 25, 2018 No Comments

New, deep-water production is underway today at Lula Extreme South in the Brazilian Santos Basin. Royal Dutch Shell plc, through its subsidiary Shell Brasil Petróleo Ltda. (Shell) and consortium partners, announces that the FPSO P-69 is now producing. The FPSO P-69 is a standardized production vessel offshore Brazil with a capacity for 150,000 barrels of […]

P-69 starts operation in Lula field, Pre-salt of Santos Basin

P-69 starts operation in Lula field, Pre-salt of Santos Basin

October 25, 2018 No Comments

Petrobras announced that it has started, with its partners in the BM-S-11 Consortium, production of oil and natural gas in the Lula Extremo Sul area, in the pre-salt of Santos Basin, by means of platform P-69, eighth unit installed in the Lula field. The FPSO (floating production, storage, and offloading unit of oil and gas) […]

ExxonMobil Wins Additional Acreage in Brazil’s 5th Pre-Salt Bid Round

ExxonMobil Wins Additional Acreage in Brazil’s 5th Pre-Salt Bid Round

October 1, 2018 No Comments

ExxonMobil has increased its holdings in Brazil’s pre-salt basins after it won the Titã exploration block with co-venturer Qatar Petroleum during Brazil’s 5th pre-salt bid round. The block awarded added more than 71,500 net acres to the ExxonMobil portfolio, expanding the company’s total position in the country to approximately 2.3 million net acres. “With the […]

Shell adds material acreage to its deep-water position in Brazil

Shell adds material acreage to its deep-water position in Brazil

October 1, 2018 No Comments

Shell Brasil Petróleo Ltda, a subsidiary of Royal Dutch Shell plc (“Shell”), and its bid consortium member Chevron Brasil Óleo & Gás Ltda (“Chevron”), today won a 35-year production sharing contract for the Saturno pre-salt block located off the coast of Brazil in the Santos Basin. Shell will pay its share of the total signing […]

Newbuilt shuttle tankers for the Roncador field

Newbuilt shuttle tankers for the Roncador field

September 27, 2018 No Comments

The crude oil production from the newly acquired 25 % interest in the Roncador oil field in Brazil will be lifted and transported by shuttle tankers. Equinor has now entered into time charter contracts for two newbuilt shuttle tanker with the shipowner Knutsen NYK Offshore Tankers AS (Knutsen). The tankers will be built at Hyundai […]

Aker Solutions Wins Services Contract in Brazil

Aker Solutions Wins Services Contract in Brazil

September 18, 2018 No Comments

Petrobras has awarded Aker Solutions a contract to provide maintenance and modifications services for nine platforms at oil and gas fields in the Campos Basin offshore Brazil. The Campos Basin extends approximately 100,000 square kilometers. The three-year contract is valued at more than BRL 250 million and includes an option for a two-year extension. Aker […]

S. America’s offshore boom accelerates in Guyana and Brazil

S. America’s offshore boom accelerates in Guyana and Brazil

August 31, 2018 No Comments

South America’s upstream sector of the past conjures images of the onshore heavy oil fields of Colombia and Venezuela. But in recent years, regional activity has pivoted offshore, where repeated success in Guyana and world-class productivity in Brazil have elevated offshore South America to its status as a top investment destination. Since 2015, Brazil and […]

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