Brazil


All posts for Brazil

Statoil Awarded Four Blocks Offshore Brazil

  Statoil and partners were the hihg bidders for four blocks in the Campos Basin in Brazil's 15th licensing round held on 29 March. With the new licenses, Statoil strengthens its position in Brazil and increases synergies with current projects.  A consortium comprising Petrobras (3 ...

OilVoice Press - OilVoice


Posted 7 months agoPress > StatoilOffshoreBrazil +8

Over $811bn Will be Spent on 615 Upcoming Oil and Gas Fields by 2025, Says GlobalData

Over $811bn will be spent on 615 upcoming oil and gas fields between 2018 and 2025. Globally, capital expenditure (capex) into conventional oil, heavy oil, oil sands and unconventional oil projects would add up to $352bn, $44bn, $43.4bn and $30bn respectively over the eight-year period, according t ...

OilVoice Press - OilVoice


Posted 7 months agoOpinion > GlobalDatao&gOil Field +6

Exploring Energy Opportunities in Brazil: Subsea UK to Lead Trade Mission to Rio de Janeiro

UK subsea companies are being encouraged to join the sixth edition of the ‘UK Energy in Brazil' trade mission which takes place in March. The event has been organised by the Department for International Trade (DIT) in association with Subsea UK, along with the Energy Industries Council (EIC), Soci ...

OilVoice Press - OilVoice


Posted 9 months agoPress > Subsea UKBrazilUK +5

Will Upstream Bounce Back in 2018?

Last year, the focus was firmly fixed on prices and downstream activity. The headlines and industry talk was all about demand versus supply; OPEC production cuts; price fluctuations; geopolitical factors; US oversupply, and at what point Russian frustration would crash the OPEC deal.    Obviously, ...

Scott Johnson


Posted 10 months agoOpinion > RussiaBrazilShell +2

Statoil ASA Acquires 25% of the Roncador Field in Brazil and Advances its Strategic Partnership with Petrobras to Increase Recovery

Statoil ASA (OSE:STL, NYSE:STO) and Petróleo Brasileiro S.A. - Petrobras ("Petrobras") (BVMF: PETR4, NYSE:PBR) have agreed that Statoil will acquire a 25% interest in Roncador, a large oil field in the Campos Basin in Brazil. The transaction nearly triples Statoil's production in Brazil, with attr ...

OilVoice Press - OilVoice


Posted 10 months agoPress > StatoilNYSERoncador Field +2

Petrobras and ExxonMobil Form Strategic Alliance

Petrobras and ExxonMobil  have signed a memorandum of understanding regarding a strategic alliance to jointly identify and evaluate potential business opportunities. The memorandum of understanding was signed in Rio de Janeiro today by Pedro Parente, president of Petrobras, Brad Corson, president ...

OilVoice Press - OilVoice


Posted 11 months agoPress > PetrobrasExxonMobilStrategic Alliance +2

Production From Offshore Pre-Salt Oil Deposits Has Increased Brazil’s Oil Production

Source: U.S. Energy Information Administration, International Energy Statistics Brazil has produced 3.3 million barrels per day (b/d) of petroleum and other liquids so far in 2017, according to data through August, up from 3.2 million b/d in 2016, making it the ninth-largest producer of pe ...

OilVoice Press - OilVoice


Posted 11 months agoOpinion > BrazilCrude oilLiquid Fuels +5

Brazil’s High Court Rejects Attempt to Enforce Fraudulent Ecuadorian Judgment Against Chevron

Brazil's Superior Court of Justice (STJ) unanimously rejected an attempt to enforce a fraudulent Ecuadorian judgment against Chevron Corporation on Wednesday, November 29, citing a lack of jurisdiction. The fraudulent judgment has now been rejected in Argentina, Brazil and the United States. “Cour ...

OilVoice Press - OilVoice


Posted 11 months agoPress > BrazilChevronChevron Corporation +2

Total: Brazil’s Giant Libra Field Comes On Stream

Total announces first oil from the Libra mega-field, located in ultra-deep waters 180 kilometers offshore Rio de Janeiro, in the pre-salt Santos Basin in Brazil. The floating production, storage and offloading (FPSO) unit Pioneiro de Libra has a capacity of 50,000 barrels of oil. This start-up of t ...

OilVoice Press - OilVoice


Posted 11 months agoPress > TotalBrazilLibra Field +7

CNOOC Limited Announces Libra Block in Brazil Start Production

HONG KONG, Nov. 27, 2017 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today Libra block in Brazil has already started production. The Libra block is located approximately 180 kilometers off the Rio de Janeiro coast. The block had its first oil produced ...

OilVoice Press - OilVoice


Posted 11 months agoPress > CNOOCBrazilLibra Block +7

T.D. Williamson Receives Top Honors for Pipeline Threat-Detecting Multiple Dataset Platform

ASME Global Pipeline Award Given at Rio Pipeline 2017 (Tulsa, OK, November 16, 2017) -- T.D. Williamson (TDW) received the prestigious Global Pipeline Award, presented by the American Society of Mechanical Engineers (ASME), October 25 at Rio Pipeline 2017, Rio de Janeiro, Brazil. The annual awa ...

OilVoice Press - OilVoice


Posted 1 year agoPress > TD WIlliamsonpipelineBrazil +1

S&P Global Platts This Week Launches NNE Brazil Weekly Ethanol Assessment

Provides essential transparency amid falling regional production   NEW YORK (November 14,  2017) – S&P Global Platts, the leading independent provider of information and benchmark prices for the commodities and energy markets, today announced that it has launched a new North-Northeast Brazil an ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > S&P Global PlattsBrazilEthanol +1

Statoil Shapes and Strengthens Its Position in the Carcará Oil Discovery in Brazil

Statoil Brasil Oleo e Gas Ltd., a subsidiary of Statoil ASA (OSE:STL, NYSE:STO), ExxonMobil Exploracao Brasil Ltda., a subsidiary of Exxon Mobil Corporation (NYSE:XOM), and PETROGAL BRASIL, S.A., a subsidiary of Galp (NYSE: GALP.LS), were the high bidders for a production sharing contract fo ...

OilVoice Press - OilVoice


Posted 1 year agoPress > StatoilBrazilCarcara +5

The Next Big Offshore Boom Is About To Happen Here

By Irina Slav for Oilprice.com Say what you will about offshore oil and gas exploration, but it's still alive and kicking—high production costs and all. The latest demonstration of the viability of deepwater projects, even in the post-2014 oil industry era, comes from none other than Brazil. ...

Oilprice Staff


Posted 1 year agoOpinion > OffshoreBrazilNational Petroleum Agency +3

Statoil Enters First Solar Development Project

  Staoil has signed an agreement to acquire a 40% share in the construction ready 162MW Apodi solar asset in Brazil from Scatec Solar, a Norwegian independent solar power producer. The project will provide approximately 160,000 households with electricity. Statoil and Scatec Solar have a ...

OilVoice Press - OilVoice


Posted 1 year agoPress > BrazilStatoilSolar +1