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Brazil


Brazil’s ANP attempts to drum up interest in marginal oil fields

by Jeff Fick, Platts, August 6, 2014 Brazil’s National Petroleum Agency, or ANP, has opened data rooms for 10 onshore blocks holding marginal accumulations of oil in an attempt to generate interest from small and medium producers, the regulator said. The ANP will make seismic surveys and well-performance data available to interested companies at the…

Petrobras sets new presalt production records in June

Offshore Staff, Offshore Magazine, July 21, 2014 RIO DE JANEIRO – Petrobras’s June oil production in Brazil averaged 2,008,000 b/d, up 1.7% from May’s production of 1.975 MMb/d. Including production operated by Petrobras for its partners in Brazil, the volume reached 2,135,000 b/d, up 2.1% from last month’s production of 2,092, b/d. In June, presalt…

New thermal plant to increase LNG demand in Brazil

by Jonathan Robinson, Platts, July 18, 2014 A new natural gas-fired power plant at the Port of Suape in Brazil’s northeastern state of Pernambuco could increase LNG demand in Brazil by nearly 10,000 cu m/day (215,000 Mcf/d of gas) — the equivalent of two standard-size LNG cargoes per month. “An [LNG] regasification terminal is needed…

Brazil LNG imports up 6.4% in June

Brazil LNG imports up 6.4% in June

by Jonathan Robinson, Platts, June 17, 2014 Brazilian imports of LNG are up 6.4% so far this month, averaging 40,765 cubic meters/d in June, compared to an average 38,313 cu m/d during the prior month, according to the latest data from Platts unit, Bentek Energy. The rise in LNG imports comes as the country experiences…

Brazil eyeing Japan’s help in oil project

Agence France-Presse, via Globalpost.com,  July 20, 2014 Brazil plans to use Japanese technology in building a floating structure and ships for its huge offshore oil development project, media reports said Sunday. Japanese Prime Minister Shinzo Abe and Brazilian President Dilma Rousseff will announce the use of Japanese technology in building a so-called “logistics hub” for…

Petrobras hits 500,000 b/d output from presalt

by OGJ Editors, Oil & Gas Journal, July 3, 2014 Petroleo Brasileiro SA (Petrobras) has reached 500,000 b/d in production from the Brazilian presalt, a region that has already seen aggregate output of 343 million boe (OGJ Online, June 20, 2014). The company, which didn’t reach the same level of total production until 31 years…

Brazil’s President, Petrobras CEO Defend No-Bid Oil Production Rights Deal

State-Run Oil Company Doesn’t Anticipate Capital Increase Before 2030 By Paul Kiernan and Will Connors, The Wall Street Journal, July 1, 2014 RIO DE JANEIRO—Brazil’s president and the chief executive of state-run oil company Petroleo Brasileiro Petrobras SA made a joint appearance on Tuesday to defend a controversial deal announced last week that gives the…

Brazil will be the 6th largest oil producer by 2035

Estimate was disclosed by Petrobras chairwoman Graça Foster. By 2020, output should reach 4.2 million barrels per day. by Brazil-Arab News Agency, June 2, 2014 Rio de Janeiro – Petrobras chairwoman Graça Foster said this Monday (2nd) that by 2035 Brazil will be the sixth largest oil producer in the world, with a 6.1% share…

Brazil raises biodiesel requirement in diesel blend

By Jeferson Ribeiro, Reuters, May 28, 2014 May 28 (Reuters) – Brazil will increase the amount of biodiesel that must be blended into diesel to 6 percent in July and to 7 percent in November from the current 5 percent, Mines and Energy Minister Edison Lobao said on Wednesday. The increase is aimed at replacing…

Brazil’s Oleo e Gas Expects Atlanta Field First Oil In Late 2015

by Jeb Blount, Reuters via Rigzone.com, June 2, 2014 RIO DE JANEIRO, June 2 (Reuters) – Bankrupt Brazilian oil company Oleo e Gas Participacoes SA expects to produce its first oil from the Atlanta offshore field in the BS-4 block in the Santos Basin in late 2015 or early 2016, company executives said on a…

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