Brazil | Egypt Oil & Gas - Part 2

Equinor Awards Seadrill Ltd Four Year Contract to Drill in Bacalhau Field

Equinor Brasil Energia Ltd has awarded Seadrill Management S PTE Ltd a four year contract for the West Saturn drillship to start drilling in Bacalhau field in Brazil in the Q1 of 2022.

Petrobras Approves Proposal for Establishing with IPDMC

Petrobras announced that its board of directors has approved the proposal of establishing with the Industrial Plant Development and Modernization Company (CDMPI)

Petrobras to Sell RLAM Refinery to UEA’s Mubadala for $1.65 B

Petrobras comoany announced that it will sell its Landulpho Alves Refinery (RLAM), to the UAE’s Mubadala capital Company as it presented the best offer in an amount of $1.65 billion,

Petrobras Completes its Exit from the Frade Field

Petrobras company announced that it has completed its 30% stake sale from the Frade field which is located in the Campos Basin, to PetroRio Jaguar Petrolelo Ltda, a subsidiary of PetroRio S.A that holds the remain ...

Petrobras to Sell Remaining Stake in BR Distribuidora for BRL 26 Per Share

The Brazilian State- controlled Oil Producer Petrobras agreed to sell it remaining shares in BR Distribuidora if its stock recovers to BRL 26 per share.

Equinor Awards 3 Service Contracts in Bacalhau Field

Halliburton, Schlumberger, and Baker Hughes, three of the largest service field providers, have been awarded contracts for drilling and well services by Equinor for the Bacalhau field in Brazil.

Karoon Energy Completes 100% Acquisition of Bauna Field

Karoon Energy (Karoon) has announced that its wholly-owned subsidiary, Karoon Petróleo & Gás, has acquired a 100% operating interest in the Baúna field, offshore Brazil

Petrobras Expects Higher 2020 Output Than Previously Predicted

Brazil’s state-run oil company, Petrobras, has announced that production in 2020 should surpass previously disclosed estimates as production is ramped up at offshore oilfields.

Total Exits the Foz Do Amazonas Basin in Brazil

French oil and gas major, Total, has announced its agreement to transfer the company’s equity in five exploration blocks to Brazil’s state-run Petrobras.

Total Resigns as Operator for 5 Exploration Blocks in Brazil

France’s oil major, Total, notified its partners on August 19 that the company will resign from its role of operator for five exploration blocks offshore Brazil.

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