South America / GoM
Country summary: Brazil
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Brazil - recent news
|14 Dec 17
||Brazil: Statoil and QGEP complete transaction on the Carcará oil discovery in Brazil
Statoil and QGEP have completed their transaction announced in July 2017, whereby Statoil has acquired QGEP’s 10% interest in the BM-S-8 block in Brazil’s Santos basin for a total consideration of USD 379 million.
|05 Dec 17
||Petrobras signs US$5 billion financing agreement with China Development Bank
Petrobras has signed with China Development Bank (CDB) a financing agreement of US$5 billion with maturity in 2027. Petrobras has also signed a commercial agreement with Unipec Asia Company, establishing a preferential supply of 100,000 barrels of oil equivalent per day, based on market conditions, for a period of 10 years.
|01 Dec 17
||Brazil: Petrobras submits declaration of commerciality of the Libra Northwest area in the pre-salt of the Santos Basin
Petrobras, as the Operator and acting on behalf of the Libra Consortium, has announced that it has submitted the declaration of commerciality to the Brazil’s National Petroleum, Natural Gas and Biofuels Agency (ANP) regarding the oil accumulation located in the northwestern portion of Libra block, in the pre-salt of the Santos Basin.
|29 Nov 17
||Brazil: ANP approves beginning of the permanent offer of areas
Brazil's ANP has approved the beginning of the process of permanent supply of areas for exploration and production of oil and natural gas. The process provides for the continuous supply of fields returned (or in the process of being returned), of exploratory blocks offered in previous rounds and also of the blocks returned to the Agency.
|27 Nov 17
||Brazil: Petrobras and partners start production at the Libra field
Petrobras and its partners started oil production at the Libra field, in the pre-salt of the Santos Basin, on Sunday, November 27, with the beginning of operation of the Pioneiro de Libra FPSO, dedicated to Extended Well Tests and Early Production Systems.
Brazil - more news