Brazil upstream news
Covid-19 delays construction work at Peregrino oilfield
The Peregrino oilfield offshore Brazil is Equinor’s largest offshore operation outside Norway, and produces 70 000 to 80 000 bpd.
Risk of suspension looms for top planned exploration wells, says Rystad Energy
At least nine of the world’s top planned exploration wells for 2020 are at risk of being suspended as a result of the combined effect on oil and gas activities of the Covid-19 virus and the oil price war.
Petrobras finds oil in Campos Basin
The oil was discovered in the exploratory Natator well in the Sudoeste de Tartaruga Verde block.
Petrobras makes Santos Basin discovery
Oil has been discovered n the pioneer well of the Uirapuru block, located in the Santos Basin pre-salt offshore Brazil.
ANP suspends 17th Bidding Round
ANP announced the suspension in compliance with a request from the country's Ministry of Mines and Energy.
Petrobras announces further cuts to production
Oil production will be cut by 200 000 bpd, a volume that includes the reduction of 100 000 bpd announced on 26 March 2020.
Petrobras cuts spending
The company will reduce planned investments for 2020 from US$12 billion to US$8.5 billion.
PGS begins survey in Campos Basin
The Campos Deepwater GeoStreamer X project will deliver long offset, multi-azimuth seismic data over the deepwater portion of the northern Campos Basin.
Sandvik to provide stainless steel umbilical tubes for Mero oilfield
The contract is significant for the offshore Brazilian oil and gas industry, which typically uses thermoplastic hose umbilicals.
OTC 2020 to recognise Petrobras for Búzios Project achievements
The Petrobras-led Búzios Project will be recognised at this year's Offshore Technology Conference for the use of technological advancements in extreme conditions.