Brazil upstream news

The company has started the production of oil and natural gas of P-76, the third platform to enter production in the Búzios field.

The company has begun operations on a 4-month geotechnical campaign in the BM-C-33 and BM-S-8 blocks located off the coast of Brazil.

The contract is for the Petrobras Mero 1 pre-salt field, located in the Santos Basin, at 2100 m of water depth offshore Brazil.

Royal Dutch Shell plc, through its subsidiary Shell Brasil Petróleo Ltda. has announced with consortium partners the start of production at the Lula North deep-water project in the Brazilian Santos Basin.

The company has announced the execution of a Share Purchase Agreement for the acquisition of Chevron Brasil Upstream Frade Ltda.

The company’s partner, Cepemais, has been awarded a contract to provide high-resolution hydrographic mapping services to Petrobras.

The companies have announced that they have achieved significant progress in the scope of their Strategic Alliance, signed in March 2017.

The company’s Brazilian entity, SC Caprock, has secured a new multi-year contract extension to provide high-throughput satellite communications onboard an FPSO offshore near Rio de Janeiro.

Adrian Lara, Senior Oil and Gas Analyst at GlobalData, offers his view on the impact on the upstream sector.

The company has entered into a contract for the CSV “Normand Pioneer” with Queiroz Galvão Exploração e Produção S.A in Brazil.