The consortium is currently analyzing the results of the well before continuing with exploration and evaluation work in the area. Repsol Sinopec, with a 35% stake, is the operator of the exploration consortium, in partnership with Statoil (35%) and Petrobras (30%).
Monday, 15 August 2011
Gavea Well (Offshore Brazil)
The well, located 190 kilometers off the coast of Rio de Janeiro, was drilled with the latest-generation Stena Drillmax I drillship in a water depth of 2,708 meters (8,885 feet), reaching a final depth of 6,851 meters (22,477 feet).
TNK-BP
TNK-BP, a Russian-British joint venture, has signed an agreement with Brazil's Petro Energia to purchase 45 percent in an oil and gas project in the country's Solimoes region.
The value of the deal will depend on production of the asset, which includes 21 exploration blocks covering an area of about 48,000 square meters in the Solimoes basin of the Amazon River.
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