Carmo Energy to buy Petrobras’ 11 onshore concessions in Brazil for $1.1bn
From January to November 2021, the cluster’s average production was 7.6 thousand b/d of oil and 43 thousand m3/day of…
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South and Central America
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South and Central America
Petrobras sells Brazilian onshore oil and gas fields to PetroRecôncavo
Some of the fields included in the Remanso Cluster include Norte Fazenda Caruaçu, Remanso, Rio dos Ovos, and Rio Subaúma.
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TotalEnergies, Shell among successful bidders for Brazilian offshore fields
The contracts for the Atapu and Sépia fields have been offered under the Second Transfer of Rights Surplus Bidding Round.
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Chevron to sell stake in Block 5 offshore Suriname to Shell
Chevron Suriname will retain 40% stake in the block while Shell and Paradise Oil Company will own 20% and 40%…
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TechnipFMC to deliver pipelines for the Petrobras brownfield developments
Under the contract, TechnipFMC will produce more than 500km of flexible pipe over the next four years.
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PGS to conduct 4D survey of Brazilian offshore fields
PGS will conduct a 4D acquisition survey of the Roncador and Albacora Leste fields offshore Brazil.
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Mexico’s Pemex launches new subsidiary to sell petrochemical products
The new subsidiary will focus on gaining larger shares of the domestic oil, gas and petrochemical markets for Pemex.
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Petrobras to invest $68bn to boost oil production during 2022-2026
The Brazilian firm is planning to put 84% of its investments towards oil and gas exploration and production.
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