American ExxonMobil Finally Receives Authorization from Ibama to Explore Oil Blocks in Campos and Santos Basins

Written by Flavia Marinho

Published on 29/12/2020 at 11:49

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ExxonMobil informed that the expected investment in drilling the oil blocks in the Campos and Santos basins could reach R$ 7 billion

Finally, last Wednesday (12/23) Ibama (Brazilian Institute of the Environment) granted the operating license for ExxonMobil to drill up to six exploratory wells in the blocks C-M-753, C-M-789, S-M-536, S-M-647 and the Titan share area, located in the Campos and Santos basins. Petrobras opens arbitration against Odebrecht for R$ 800 million related to petrochemical Braskem

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The new oil exploration campaign off the Brazilian coast, where the American oil company received from the environmental agency a four-year license.

The license allows ExxonMobil to drill up to six exploratory wells, consisting of drilling two firm wells (Opal 1 in block C-M-789 and Titan-1) and four contingent wells.

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The Largest Oil Company in the U.S., ExxonMobil, Signed a Supply Agreement for PSV Ships with Norwegian Company Solstad Offshore

The agreement involves Solstad providing supply vessel services that support ExxonMobil’s exploration activities in Brazil. The framework agreement is for 3 years.

The first call was received for the supply vessel for the platform “Normand Swift.” Built in 2014, the Normand Swift vessel will be with Exxon for a period of 3 months starting in December 2020.

About ExxonMobil

ExxonMobil, headquartered in Irving, Dallas County in the state of Texas, was formed on November 30, 1999, from the merger of Exxon and Mobil, two companies resulting from the breakup of the Standard Oil Company in 1911.

Today, the company has become one of the largest publicly traded energy and chemical manufacturing suppliers in the world, developing and applying cutting-edge technologies to help safely and responsibly meet the growing global demands for energy and high-quality chemical products.

American ExxonMobil Finally Receives Authorization from Ibama to Explore Oil Blocks in Campos and Santos Basins

ExxonMobil informed that the expected investment in drilling the oil blocks in the Campos and Santos basins could reach R$ 7 billion

Read Also

The Largest Oil Company in the U.S., ExxonMobil, Signed a Supply Agreement for PSV Ships with Norwegian Company Solstad Offshore

About ExxonMobil

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American ExxonMobil Finally Receives Authorization from Ibama to Explore Oil Blocks in Campos and Santos Basins

ExxonMobil informed that the expected investment in drilling the oil blocks in the Campos and Santos basins could reach R$ 7 billion

Read Also

The Largest Oil Company in the U.S., ExxonMobil, Signed a Supply Agreement for PSV Ships with Norwegian Company Solstad Offshore

About ExxonMobil

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There is a city in China right next to Hong Kong where people speak Portuguese, the streets have names in Portuguese, and the architecture looks like it came straight out of a historic city in Brazil.

The item in the house that consumes the most water is not in the kitchen; it is in the smallest room of the house and can account for up to 30% of the expenditure on its own.

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