Category
Regulatory & Compliance
ANP, ANTAQ, IBAMA and the offshore sector's regulatory environment.
Reporting and curation by Westhon Media
Special WSB: Entrust a Shipbroker
Choose expertise. Choose compliance. Choose a shipbroker Relying on non-specialized services not only undermines the quality of a vessel valuation but also goes against compliance requirements, which can lead to significant financial risks
PRIO’S oil production
PRIO released its production report for the month of May 2024. During this month, the production was recorded as 88.7 thousand barrels of oil equivalent per day (boepd). Impacted by operational issues, the performance had a reduction of 4.4
WSB and Westhon at OTC Houston 2024
We at Westhon and WSB Advisors, as proud members of Bratecc, were delighted to host, alongside Ronaldo Lima of our Board of Directors, Admiral Lima Filho’s visit to Port Houston this past Tuesday, May 7th, as part of our involvement in OTC
Investments coming
The ANP (National Oil Agency) reported that investments in the production phase of Brazil’s current oil and gas contracts will total just over R$130 billion in 2024. The Santos Basin will receive the majority of investments: 60.4%, followed
heavy investments
The National Petroleum Agency (ANP) released a forecast for exploration investments in Brazil in 2024. The institution states that oil companies will invest US$1.96 billion in the country this year. Of this total, 95% must be invested in of
prio drilling
PRIO plans to start drilling four wells in Wahoo field, Campos Basin, in January, the same month in which the IBAMA (Brazilian Institute for the Environment and Renewable Natural Resources) license should be issued. They will be drilled by
Reduction in production
The ANP (National Oil Agency) released the Monthly Oil and Natural Gas Production informative report for last August. Total production (oil + natural gas) was 4,392 million boed, out of which 3.282 million were in the pre-salt or 74.7%. In
FPSO interdicted
The National Petroleum Agency (ANP) interdicted the FPSO Cidade de Santos, located in the Uruguá and Tambaú field, in Santos Basin. The decision comes after the agency’s inspectors found “critical deviations” in the vessel’s installations,
record in production
The National Oil and Gas Agency (ANP) disclosed its Monthly Bulleting with the national production consolidated data showing that Brazil broke the records, in July, in the total production (both oil and gas) as well as the pre-salt´s. The c
Signals of natural gas
Shell has informed the National Petroleum Agency (ANP) of the detection of natural gas signals in well 1-SHEL-35A-RJS, in block C-M-659, Campos Basin. The well is in a water depth of 2.940 meters and was drilled by Maers
New record in oil production
The National Petroleum Agency (ANP) reported that production in the pre-salt totalled 3.268 million barrels of oil equivalent per day, an increase of 2,3% compared to January. This volume surpasses the previous record of 3.142 million barre
ANP releases Bulletin of Oil and Natural Gas Production in Brazil for June
According to ANP’s Bulletin of Oil and Natural Gas Production in Brazil for the month of June, 2,828 MMbbl/d (million barrels per day) of oil and 133 MMm3/d (million cubic meters per day) of natural gas were produced, totaling 3,664 MMboe/d
Carlos Portinho trusts swift approval of Regulatory Act for Renewables Offshore Energy
Carlos Portinho (PL-RJ), rapporteur of the Regulatory Act for Renewable Offshore Energy trusts a swift approval of the act is possible. The hopes are for a green light from the Infrastructure Commission of the Senate even before the mid-yea