Ocyan’s ODN II drillship is being used to drill the well at a depth of 2,235 metres, Upstream Online reported.
Located south of the giant Lula field, Peroba is estimated to contain 5.3 billion barrels of oil in place. Petrobras operates the field with a 40% stake, working alongside partners BP (40%) and China National Oil & Gas Exploration & Development Corporation (20%).
In other news from Brazil, the country’s antitrust watchdog, the Administrative Council for Economic Defense, has said Petrobras should completely divest from four of its refineries to open the domestic downstream market, S&P Global Platts reported on Monday.
In April last year, the NOC announced plans to sell as much as 60% of its stakes in four of its northeastern refineries as part of a divestment programme, though no sales have gone forward due to several court decisions.
Touchstone Exploration has acquired Trinidad-focused Trinity Exploration & Production in an all-shares deal, the Canadian upstream player said on Wednesday Read More
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SLB OneSubsea and Subsea7 have signed a long-term strategic collaboration agreement with Equinor and begun work on two of its… Read More
Presight has acquired a 51% shareholding in AIQ, an energy-focused AI player founded by ADNOC and G42, the companies announced… Read More
UK engineering contractor Wood has been awarded a decarbonisation project by TotalEnergies to support flare gas recovery in the North… Read More
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