April 02, 2012 - by PreSalt.com - Source: SBM Offshore
FPSO Cidade de Ilhabela for Brazil pre-salt area - contract signature
SBM Offshore N.V. is pleased to announce that contracts for the twenty year charter and operation of FPSO Cidade de Ilhabela for the north part of Sapinhoá field (former Guara Area) development in the pre-salt area, offshore Brazil, have been executed with GUARA BV and with BM-S-9 Consortium, established by the companies PETROLEO BRASILEIRO S.A. - PETROBRAS (Bovespa: PETR3/PETR4, NYSE: PBR / PBRA, Latibex: XPBR / XPBRA, BCBA: APBR / APBRA) (Operator, 45%), BG E&P BRASIL LTDA (LON: BG, PINK: BRGXF) (30%), and REPSOL SINOPEC BRASIL S.A.(Repsol - MCE: REP, NYSE: REP) (25%).
Read more...March 21, 2012 - by PreSalt.com - Source and Images: Petrobras Agency
Petrobras confirmed the accumulation of oil in the pre-salt of Caracara area within the prospect of Bem-Te-Vi. The beginning of this drilling was announced in late November 2011, when was also announced the discovery in the Biguá area within the same prospec.
Petrobras (SAO:PETR3, SAO:PETR4, NYSE:PBR, NYSE:PBR.A) is the operator of the consortium (66%) in partnership with Shell Petroleum Brazil (LON: RDSA, NYSE: RDS.A) (20%) and Petrogal Brazil - Galp Energia (ELI:GALP, FRA:GZ5, ETR:GZ5) (14%). The participation of Shell was acquired by Barra Energia do Brasil Petroleo e Gas Ltd (10%) and Queiroz Galvão Exploração e Produção SA - QGEP (SAO:QGEP3) (10%), negotiation subject to final approval by the ANP.
March 9, 2012 - by PreSalt.com Oil & Gas News - Sources & Images: Petrobras Agency & PreSalt.com
Petrobras (SAO:PETR3, SAO:PETR4, NYSE:PBR, NYSE:PBR.A, Latibex:XPBR Latibex:XPBRA, BCBA: APBR, BCBA:APBRA) announces that the second well, named 1_BRSA-976-RJS, drilled after the execution of the Transfer of Rights Agreement with the Brazilian National Oil, Natural Gas and Biofuels Agency (ANP) has confirmed the discovery of good quality oil in the area known as Tupi Northeast, in the Santos Basin Pre-Salt.
The Tupi Northeast prospect located in water depths of about 2100 meters and about 250 km south of the city of Rio de Janeiro, totally outside of the concession area. Located about 20 km northeast of Tupi, which was discovered in 2006 by the exploration of well 1-BRSA-369A-RJS. This well discovered rocks of the Cretaceous interval of pre-salt. Because of their similar geological characteristics, Tupi has been used as analogous to the Tupi Northeast prospect.
March 19, 2012 - by PreSalt.com Oil & Gas News
PreSalt.com OIl&Gas News is pleased to announce that it has become one of the key media partners of the forthcoming “Accelerate Oil & Gas” The Brazilian Investment & Development expo-forum being held in Rio de Janeiro between 15th-16th May 2012.
The following strategy of bringing together representatives of industry and trade with a high competitiveness in the oil & gas sector will be attended by representatives from around the word.
Read more...March 05, 2012 - by PreSalt.com Oil & Gas News - Sources & Photo: PETROBRAS Agency
Petrobras announced that the FPSO BW Cidade de São Vicente in the pre-salt of Santos Basin starts production in the Iracema area (Block BM-S-11), in the pre-salt layer of the Santos Basin. The platform was connected to well RJS-647, at a water depth of 2,212 meters.
The two formation tests for well 4-RJS-647 (4-BRSA-711-RJS), located in the Tupi Assessment Area, in ultra-deep Santos Basin waters and informally known as Iracema, have been completed and proved the high productivity of the pre-salt carbonate reservoirs, this information was publish by PreSalt.com (Read more...) on November 18, 2009 in having as source the consortium Petrobras (Bovespa: PETR3/PETR4, NYSE: PBR / PBRA, Latibex: XPBR / XPBRA, BCBA: APBR / APBRA) (65% - Operator), BG Group (BG.L, BG.LN) (25%), and Galp (GALP.LB) (10%).
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