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Country summary: Brazil

energy-pedia opportunities - Brazil:
Current deals: 15
Licensing articles: 188
Completed deals: 189

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Energy-Pedia opportunities is a unique, online, real-time market intelligence service, un-matched in the industry. It provides comprehensive details of upstream oil and gas opportunities worldwide, plus full details of all current and upcoming licence rounds. Helping established oil companies maintain and develop their upstream portfolios and enabling start-up companies to build successful businesses.

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Brazil - recent news

23 Apr 24
Brazil: Petrobras approves new opportunities to use resources from the Decarbonization Fund
Petrobras' Decarbonization Fund will direct resources to installing photovoltaic plants in refineries. Total opportunities financed by the fund already have the potential to reduce emissions by more than 1.5 million tons of CO2 per year.
22 Apr 24
Brazil: Seacrest Petroleo announces first quarter 2024 production and offtake update
Seacrest Petroleo’s net production of oil and natural gas averaged 8,377 boepd in Q1 2024, 2% higher than the production in the Q4 of 2023, and 3.6 times the production in the Q1 of 2023. Production from the first two infill wells drilled at the Inhambu field has commenced. The Company is in the process of analysing the stabilised production performance and will apply the info to future wells as part of its 300-well infill drilling program, the largest such project onshore Brazil.
18 Apr 24
Brazil: Petrobras sells its stake in the Cherne and Bagre fields, located in shallow waters in the Campos Basin, to Perenco
Petrobras has sold its entire stake in the Cherne and Bagre fields, located in shallow waters in the Campos Basin, to Perenco. Production from the two fields was interrupted in March 2020 and the respective platforms have been mothballed ever since.
15 Apr 24
Brazil: SLB awarded three contracts for Petrobras’ Buzios field
SLB has been awarded three contracts by Petrobras for completion hardware and services for up to 35 subsea wells in the development of Petrobras’ offshore Buzios Wave II oilfield.
10 Apr 24
Brazil: Enauta signs MoU with 3R Petroleum and Maha Energy
Enauta informs that after unanimous approval from its Board of Directors, it has entered into a Memorandum of Understanding (MoU) with 3R Petroleum and Maha Energy Offshore Brasil regarding a potential transaction involving the integration of Enauta and 3R’s activities.

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