Tag: Petrobras

The state-owned energy company Petrobras and Venezuela-based PDVSA have received a preliminary license granted by Brazil’s NE Pernambuco state government to build the Abreu e Lima oil refinery, which is in its development stage and will be located in the Suape industrial complex, Ipojuca, Brazil.

Siemens Power Generation (PG) has been awarded two contracts from Brazil.

Petrobras has signed an agreement with Galp Energia and Partex for exploration and production in four blocks of the Lusitaniana basin offshore Portugal north of Lisbon.

Petróleo Brasileiro SA has hit gas with well 6-ESS-168. Drilling is ongoing, Petrobras says, but the well has reached sandstone reservoirs at a depth of 3378m encountering a 130m gas column.

Exxon Mobil Corporation has announced that its affiliate, ExxonMobil Exploration Colombia Limited, together with Ecopetrol and Petrobras, have signed the first exploration and production contract with Colombia's National Hydrocarbon Agency (ANH) to begin exploration activities offshore Colombia.

Petrobras has announced the signing of a deal with local industrial group White Martins to form a natural gas company.

Brazil's state energy giant Petrobras has opened licensing for contracts to build a new 180,000 bpd offshore oil rig, which should start in 2007.

Mexican state oil monopoly Pemex has accepted a bid from a consortium that includes Brazil's Petrobras to develop natural gas in the Fronterizo block in northern Mexico.

A group of foreign oil companies in Ecuador have said the government's plans to seek fresh investments to raise crude output faces risk of failure because of unattractive contract terms.

Brazil's Petrobras and Norway's Statoil ASA have signed an agreement to expand co-operation in oil and gas exploration and in other activities, which may include natural gas commercialisation in foreign markets.