Page 19 - Production Sharing News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Brazil: SBM Offshore signs LoI for FPSO Alexandre de Gusmao lease and operate contracts 03 Aug 2021 Petrobras the Letter of Intent for a 22.5 years lease and operate contract of FPSO Alexandre de Gusmão. The unit will be deployed at the Mero field in the Santos Basin offshore Brazil, approx. 160 kms from Arraial do Cabo, Rio de Janeiro state, in Brazil. The Petrobras with 40 percent, Total Energies with 20 percent, CNODC and Pré-Sal Petróleo SA as manager of the Production Sharing Contract. SBM Offshore will design and construct the FPSO Alexandre de Gusmão using its industry leadin...

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Bahrain’s Noga drills first exploration oil well in Block 1 MANAMA, 6 hours, 41 minutes ago The National Oil and Gas Authority (Noga) has commenced drilling of the first exploratory well in Offshore Block 1, an area of over 2,800 sq km in the northern territorial waters of Bahrain with a water depth ranging from 10 metres to 70 metres. This came as part of the Exploration and Production Sharing Agreement signed on May 1, 2019 between the Kingdom, represented by Noga, and the Italian company Eni, reported Bahrain News Agency (BNA). Oil Minister Shaikh Mohamed bin Khalifa Al Khalifa prai...

Investegate announcements from BP PLC, Payments to Govts Part 1 of 1

Petrobras has expressed to the National Energy Policy Council (CNPE) its interest in the preferential rights in the Second Bidding Round of the Transfer of Rights’ Surplus Volumes in the areas of Atapu and Sépia.