Brazil
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Monies are recoupment for Petrobras’ sunken costs in the Atapu development, to date.
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Two new wells will add 20,000 BOED to the field’s overall production volumes.
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A total of 59 blocks were awarded to 13 companies.
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Dry hole dampens spirits in Brazil’s Sergipe-Alagoas Basin.
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Brazilian state oil company will focus E&P efforts in deepwater.
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Operator will receive $1.38 billion for cluster of 22 concessions in the Potiguar basin.
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State-run company will direct $2 billion towards frontier drilling in the area.
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Onshore stake valued at $1.1 billion.
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QatarEnergy expands business in Brazil with $1.3 billion co-bid for the rights to Sepia field.
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The new production vessel will be installed at the state oil company’s Parque das Baleias complex.