Pre-Salt

FIDs Stack Up, But Industry Stays Selective

Oil companies are cashed up and ready to invest, but final investment decisions on new projects still have a high bar to clear.

Thu, May 18, 2023

LNG INTELLIGENCE

Equinor Takes FID on Brazil Pre-Salt Development

The BM-C-33 gas and condensate project off Brazil could cut down some of that country's LNG demand.

Tue, May 9, 2023

OIL DAILY

Equinor Green Lights Promising Pre-Salt Project

The BM-C-33 scheme will produce from the Pao de Acucar, Gavea and Seat discoveries in the Brazilian pre-salt.

Mon, May 8, 2023

OIL DAILY

Exxon Denies Reports of Impending Brazil Exit

The head of Exxon Mobil's business in Brazil this week pushed back on rumors that the supermajor might stop exploring in the country's waters after a run of disappointing wildcats.

Tue, May 2, 2023

ENERGY INTELLIGENCE FINANCE

IOCs Keep Believing in Brazil's Offshore

The country's pre-salt resources remain important for international oil companies with a mandate to supply near-term affordable energy.

Tue, Apr 25, 2023

OIL DAILY

Exxon at Crossroads in Brazil, But Not Quitting Yet

The major is mulling its next steps after a multiyear drilling campaign in Brazil failed to unlock a major discovery, but it isn't running for the exits.

Wed, Apr 5, 2023

WORLD GAS INTELLIGENCE

Equinor, Petrobras Push Ahead on Brazil Gas Projects

Equinor, Petrobras detail progress on offshore gas development plans in Brazil.

Tue, Mar 14, 2023

OIL DAILY

Equinor Aims to Advance Promising Field Offshore Brazil

Equinor is targeting a final investment decision for its BM-C-33 natural gas and condensate development off the coast of Brazil by the end of this year.

Mon, Mar 13, 2023

ENERGY INTELLIGENCE PREMIUM BRIEFING

Exploration Builds Momentum

Companies considering frontier objectives as well as targets in better-known basins.

Thu, Feb 23, 2023

OIL DAILY

Shell Returns Once-Promising Brazil Pre-Salt Block

The Saturno Block's potential was not borne out by the drillbit, as a 2020 exploration well in the block came up dry.

Tue, Feb 14, 2023