2021-06-02 13:40:00
BRAZIL'S OIL INVESTMENT $8 BLN
ENERDATA - 2 Jun 2021 - Equinor (40%, operator), ExxonMobil (40%), Petrogal Brasil (Galp Energia, 20%) and Présal Petróleo SA (government company, PSA manager) have taken the Final Investment Decision (FID) to develop Phase One of the Bacalhau field in the Brazilian pre-salt. The project, which will have a break even price below US$35/bbl, requires an investment of US$8bn. It will consist of 19 subsea wells tied back to a floating production, storage and offloading unit (FPSO) with a production capacity of 220,000 bbl/d and 2 mbl/d of storage capacity. First oil production is planned in 2024.
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Earlier:
2021, March, 18, 12:00:00
BRAZIL OPENS GAS MARKET
Gas distribution and the operation of gas pipelines will switch from a concession regime to a regime of authorizations granted by the oil and gas regulator ANP.
Chronicle:
2021, September, 17, 11:47:00
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2021, September, 17, 11:45:00
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2021, September, 17, 11:40:00
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2021, September, 17, 11:35:00
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2021, September, 16, 14:00:00
OIL PRICE: ABOVE $75
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2021, September, 16, 13:50:00
EUROPEAN CLIMATE ADAPTATION
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2021, September, 16, 13:45:00
GAS IS A KEY
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