Brazil

The French operator will tie satellite field back to existing FPSO, with first oil expected in around 2 years.

Malaysia plans to launch its 2023 bid round in Q1, hoping to exceed last year’s completion of 18 exploration wells that boasted a 60% success rate in new offshore hydrocarbon discoveries.

The supermajor is expected to put off green-lighting the presalt project for up to 2 years.

Petrobras will continue to operate the assets following the selldown of working interest.

Equinor’s COVID-19-delayed Peregrino C production platform finally produces first oil off the coast of Brazil.

The paper presents results of single-phase and multiphase electrical-submersible-pump tests as well as operation data, lessons learned, and failure examples gathered over 10 years of operation in a highly viscous offshore oilfield.

New awards and extensions to previous work are valued at almost $500 million.

The contractor will finalize the chosen FPSO solution for the development in the Campos Basin pre-salt off Brazil.

The duo looks to new drilling of the $8-billion pre-salt project in the Santos Basin.

The sale is subject to the closing of the acquisition by BW Energy of the 100% operating working interest in the Golfinho field from Petrobras.