Brazil upstream news
Petrobras makes find in Campos Basin
Hydrocarbons have been identified in the pioneer well of block C-M-657, located in the pre-salt of the Campos Basin.
Petrobras and SBM Offshore confirm contract negotiations for FPSO
Petrobras and SBM Offshore have started negotiations to contract the FPSO Almirante Tamandaré, which will operate in the Buzios field.
Alfa Laval to provide pumps for two FPSOs offshore Brazil
Delivery of the Framo pumping systems is scheduled for 2021.
Total resigns from operator role in Foz Do Amazonas Basin
The company has resigned from its role of operator for five exploration blocks in the basin.
TechnipFMC given EPCI contract for Mero 2 project
The contract covers engineering, procurement, construction, installation and pre-commissioning of the infield rigid riser and flowlines for production, including the water alternate gas wells.
South America emerges as cost-saving champion in 2020, says Rystad Energy
Average OPEX per barrel of oil equivalent for deepwater production in the region has more than halved since 2013, from roughly US$26 to US$12.70 in 2020, a Rystad Energy report shows.
Total and partners launch third phase of Mero field development
The Mero 3 FPSO will have a liquid treatment capacity of 180 000 bpd and is expected to start up by 2024.
Petrobras releases teaser for Santos Basin block
Petrobras is aiming to sell 50% to 100% of its stake in the BM-S-51 concession.
Petrobras starts binding phase for sale of Tataruga offshore field stake
The company has also announced it is mothballing the Merluza platform.
Karoon and Petrobras renegotiate terms of Baúna field sale
The renegotiated terms are due to the COVID-19 pandemic and the difficulty to address the previous conditions initially defined, according to Petrobras.