Petrobras
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Production vessel has the capacity to produce up to 180,000 B/D of oil. -
Sale of the assets could raise around $1 billion.
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Aram block was awarded as part Brazil’s 6th Pre-Salt Round.
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Excelerate, once disqualified from the proceedings, ends up with lease agreement to December 2023.
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Brazilian state oil company will charter two pipelay support vessels for 3 years plus options.
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Contractor, operators will work to bring thermoplastic composite pipe (TCP) flowline and riser technology to market.
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Brazil has plans to create a competitive gas market. Equinor is operating two big projects that could offer a model for how a company not named Petrobras could market gas produced offshore.
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The sole bidder for the Bahia liquefied natural gas regasification terminal in Brazil was turned away for noncompliance of tender rules.
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A new report claims as many as 30 units could become available for new work by the end of next year.
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The find kicks off Petrobras’ latest drilling campaign, which is focused primarily on offshore blocks holding subsalt potential that the company acquired at a series of bid rounds that started in 2017.
