The year 2020 is marked by unexpected changes in the oil and gas market as well as other industries. The National Agency of Petroleum, Natural Gas, and Biofuels (ANP) authorized the postponement of activities planned by oil companies for up to one year. The announcement was made yesterday (7) by the agency.
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The ANP announced a series of flexibilizations for oil and gas field operating companies, especially the PAT (annual work program), postponing by 1 year the activities planned by oil companies for 2020.
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Bank of Japan raises interest rates to 1%, reaching the highest level in over three decades
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ANP halts LPG reform, and Sindigás sees technical caution as a decisive point for safety, investments, and the future of the cylinder in Brazil.
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Oil spill in the Caribbean raises environmental alert and increases tension between Venezuela and Trinidad and Tobago
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More than 40 Petrobras platforms enter the decommissioning queue and open up a billion-dollar industry in Brazil for cranes, special ships, underwater cutting, and offshore recycling.
The annual work program is submitted to ANP by oil companies, which outlines the set of activities and investments of the operating company over the course of any civil year. With this decision, companies are exempt from complying with what was planned in this plan for a year, without the need for a plan revision.
Another important measure adopted by the agency was the suspension of deadlines related to certain operational routines for oil and gas production. These include: sample collection of oil to determine the shrinkage factor and solubility ratio; sample collection of gas; calibration of meters that cannot be performed on-site; calibration of secondary elements, measuring tapes, and tanks; dimensional inspection of measurement system components and tanks, and verification of flare meters and testing of land wells.

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