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The number of blocks under contract in the exploration phase has increased by 70%.

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PPSA’s oil production reaches a new record in June, surpassing 70,000 barrels per day.

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The number of blocks under contract in the exploration phase has increased by 70%.

ANP – 05/09/2024 10h38 With contract signings up until the end of August, the total has risen to 426 blocks, the largest number of areas in the exploration phase since 1998. With the signing of the majority of contracts associated with the 4th Cycle of the Permanent Concession Offer, the exploration phase now accounts for...

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PPSA’s oil production reaches a new record in June, surpassing 70,000 barrels per day.

PPSA – 15 August 2024 The PPSA’s (Brazilian State’s Share of Pre Salt Crude Oil) monthly oil production reached a new record in June, hitting 71,000 barrels per day (bpd). This volume includes output from eight production sharing contracts (66,000 bpd) and the Production Individualisation Agreements (PIAs) for the uncontracted areas of Tupi and Atapu....

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Petrobras begins studies for the implementation of a new platform in Búzios.

Repórter ADVFN – 14/08/2024 Petrobras has begun studies for the implementation of a new platform in Búzios, which would be the 12th FPSO unit in the mega pre-salt field located in the Santos Basin, according to three sources familiar with the matter. The platform, which could cost billions of dollars, would also create a new...

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Brazilian oil exports are expected to grow by 30% by 2030, says IBP

Felipe Erlich – 8 ago 2024, 16h01 The institute estimates that commodity exports could reach $50 billion in 2024. Brazilian oil exports are expected to reach 2.5 million barrels per day by 2030, compared to the current average of 1.9 million barrels per day, an increase of just over 30%. This estimate comes from the...

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Petrobras obtains environmental licenses to increase Brazil oil production, sources say

Rodrigo Viga Gaier – August 8, 2024, 11:33 PM Brazil’s state-run oil company Petrobras has obtained environmental licenses to expand production in two offshore fields, and could have one vessel start production earlier than expected in one field, three people with knowledge of the matter told Reuters. The licenses will allow Petrobras (PETR4.SA), opens new tab to...

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The number of blocks under contract in the exploration phase has increased by 70%.

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PPSA’s oil production reaches a new record in June, surpassing 70,000 barrels per day.

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Petrobras begins studies for the implementation of a new platform in Búzios.

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Brazilian oil exports are expected to grow by 30% by 2030, says IBP

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The number of blocks under contract in the exploration phase has increased by 70%.

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PPSA’s oil production reaches a new record in June, surpassing 70,000 barrels per day.

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Petrobras begins studies for the implementation of a new platform in Búzios.

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The number of blocks under contract in the exploration phase has increased by 70%.

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PPSA’s oil production reaches a new record in June, surpassing 70,000 barrels per day.

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The number of blocks under contract in the exploration phase has increased by 70%.

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PPSA’s oil production reaches a new record in June, surpassing 70,000 barrels per day.

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Petrobras begins studies for the implementation of a new platform in Búzios.

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Brazilian oil exports are expected to grow by 30% by 2030, says IBP

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Petrobras obtains environmental licenses to increase Brazil oil production, sources say

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Brazil’s Oil Production Increases in June, Reports ANP

02/08/2024 às 12:22 – CNN/Reuters The total production (oil and natural gas) was 4.353 million barrels of oil equivalent per day (boe/d). Brazil’s oil production in June averaged 3.409 million barrels per day (bbl/d), marking an increase of 2.7% compared to the previous month and 1.3% compared to the same period last year, according to...

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Destined for the Jubarte field, the FPSO Maria Quitéria arrives in Brazil

05/08/2024 15:21 – TN Petróleo Editorial Team, Agência Petrobras The FPSO Maria Quitéria, destined for the Jubarte field in the Parque das Baleias complex, in the Capixaba portion of the Campos Basin, has already arrived in Brazil. It is an FPSO unit (Floating Production, Storage, and Offloading system) equipped with emission reduction technologies, including a...

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Petrobras, CNOOC and Petrochina major winners in Brazil’s oil auction

The state-controlled oil giant Petrobras successfully bid for a total of 14.5 million barrels (mbbl). Offshore Technology – August 1, 2024 Petrobras, China National Offshore Oil Corporation (CNOOC) and Petrochina emerged as the major winners in the latest oil auction conducted by Brazil’s Pre-Sal Petroleo (PPSA), with expectations of substantial revenue generation, reported Reuters. The state-controlled oil giant...