Rosneft Brasil, Rosneft’s local subsidiary, plans to drill a minimum of four wells in order to ascertain the capacity of the basin. The company plans on beginning drilling testing and evaluation of the first well in Q2 2017.
In 2015, the company took 100% stake in the Solimoes oil and gas project from Brazil’s PetroRio, making it the first time Rosneft has operated an asset in the country.
Blocks on the Solimoes Basin cover roughly 37,000 square kilometres. The project involves 18 licence blocks.
Singapore’s Seatrium has secured a topside integration project for the FPSO Errea Wittu from Offshore Frontier Solutions, a MODEC Group… Read More
The UK's hydrocarbons regulator has awarded 31 new exploration licences in the country's North Sea waters, Reuters reported on Friday Read More
ExxonMobil announced the closing of its USD 60-billion acquisition of Pioneer Natural Resources on Friday, a move that solidifies its… Read More
BP-Eni joint venture Azule Energy has entered a strategic farm-in agreement with Rhino Resources in Namibia's offshore Orange Basin, the… Read More
Africa-focused energy group Chariot has spudded the RZK-1 exploration well on the Gaufrette prospect at the Loukos Onshore licence in… Read More
Touchstone Exploration has acquired Trinidad-focused Trinity Exploration & Production in an all-shares deal, the Canadian upstream player said on Wednesday Read More
This website uses cookies.