Brazilian regulators are cracking down on some offshore drilling by oil giants like Petrobras and Equinor ASA, complicating exploration and production projects at a key moment in the nation’s effort to boost crude output.
https://gcaptain.com/brazil-offshore-oil-hit-by-regulators-crackdown-on-drilling/
Subsea 7 S.A. has confirmed the award of a significant contract by Petrobras for the development of the Mero 4 field. The field is located approximately 200 kilometres off the…
https://gcaptain.com/subsea-7-awarded-major-petrobras-contract-mero-4/
(Bloomberg) — Brazil’s environmental authority has rejected Petrobras’s request to drill its first well at an offshore oil frontier known as the Equatorial Margin, delivering a major setback to the…
https://gcaptain.com/brazil-blocks-drilling-at-key-offshore-exploration-zone/
By Mariana Durao and Peter Millard (Bloomberg) –The conflict between Brazil’s ambitions to become a more responsible environmental steward while also ramping up lucrative oil exports has turned into an early…
https://gcaptain.com/oil-rig-thats-treading-water-is-costing-brazil-1-million-a-day/
By Gram Slattery, Marta Nogueira and Sabrina Valle RIO DE JANEIRO, Dec 17 (Reuters) – France’s TotalEnergies , Royal Dutch Shell, Petrobras, Malaysia’s Petronas and Qatar Energy scooped up bigoffshore fields…
https://gcaptain.com/total-shell-emerge-as-top-bidders-in-brazils-2-billion-offshore-auction/
Last year, Brazil was one of the few that raised output, adding more than any other non-OPEC country apart from Norway, and it wants to double crude output by 2030….
http://feedproxy.google.com/~r/Gcaptain/~3/A0d9hSKH-78/
http://feedproxy.google.com/~r/Gcaptain/~3/xqyMQpdjj0Q/
By Sabrina Valle and Kevin Crowley (Bloomberg) — In a single year, Exxon Mobil Corp. has gone from being a tiny bit player in Brazil to the second-largest holder of oil exploration acreage, trailing only state-controlled Petroleo Brasileiro SA. The last 24 concessions the U.S. giant bought with its...