Marine Technology Reporter Blogs - energia

Portuguese Investment in Brazil’s Pre-Salt

July 29, 2013

st pre salt oil at the Lula play
Galp Energy, which is Portugal’s major O&G operator, is aiming at increasing its investments in Brazil through acquisition of new block during Petrobras’ pre-salt bidding round next October. Galp is already considered a preferred partner by Petrobras as can be seen by the fact that Galp currently partners Petrobras in four deepwater pre-salt blocks in the Santos Basin, with the biggest blocks being Lula and Cerambi, both large pre-salt plays, which are producing. Earlier this year Galp again partnered Petrobras in acquiring nine blocks in the Parnaíba, Potiguar and Barreirinhas Basin, during the 11th bidding round which mainly encompassed block along Brazil’s Northeast Coast and Equatorial Margin.

New Players Tackling Brazilian Pre-salt – Barra Energia

June 18, 2013

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Barra Energia do Brasil Petróleo e Gás Ltda or Barra Energia was established in 2010 as an independent O&G exploration and production company. Its headquarters is in the city of Rio de Janeiro, Brazil, close to all the main O&G Basins in Brazil and where all other players working the Brazilian offshore are based. The company was launched by executives, engineers and geologists that with long career histories in the O&G business, most hailing from super-majors like Petrobras and also from Repsol. The company advertises its main competitive edge as being its technical and commercial expertise and local knowledge. Barra Energia is counting on this expertise to guide them in their E&P efforts which will primarily focus on the three major offshore O&G areas in Brazil…