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Petrobras News

Petrobras and PPSA sign equalization agreement

Petrobras signed the Expenses and Volumes Equalization Agreement (AEGV) with PPSA for the Jubarte Pre-Salt Shared Reservoir, agreeing to pay R$ 1.54 billion to reconcile costs and revenues.

bp News

bp confirms discovery in Namibia’s Orange basin

The Volans-1X exploration well discovered a high-quality, 26m rich gas condensate reservoir with excellent properties, a high condensate-to-gas ratio (>140 bbl/mmscf), and a 40 degrees API gravity liquid.

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