Brazil | Egypt Oil & Gas - Part 3
Equinor Awards 3 Service Contracts in Bacalhau Field
Equinor has awarded three of the largest service providers, Halliburton, Schlumberger, and Baker Hughes, contracts for drilling and well services for the Bacalhau field in Brazil, according to a press release. The thr...
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, according to a press release. Robbert Hoski...
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, according to Reuters. The company expect...
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, according to a press release. The exploration blocks, located i...
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, according to a press release. The five exploration bloc... Petrobras to Sell 26 Onshore Oil Fields, Refinery
Brazil’s state-run Petrobras has put up for sale 26 onshore and shallow-water oil fields along with a small refinery, Clara Camarao, in the northeast of Brazil, according to Reuters. The announcement of this sale is i... Petrobras Agrees to Sell 8 Onshore Fields for $94.2 MM
Brazil’s state-owned oil company, Petrobras, has announced it has reached an agreement with 3R Petroleum to sell its entire stake in eight onshore fields at Polo Rio Ventura, according to a filing seen by Reuters. The...
SPIC to Acquire Stake in 2 Power Plants in Brazil
China’s State Power Investment Corporation (SPIC) will acquire a 33% stake in two Brazilian plants in the largest power project fueled by super-chilled liquefied natural gas (LNG) in Latin America from Gas Natural Acu...
