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ExxonMobil reported that the expected investment value in drilling the oil blocks in the Campos and Santos basins could reach R$ 7 billion
Finally, last Wednesday (23/12) Ibama (Brazilian Institute for the Environment) granted the operating license for ExxonMobil to drill up to six exploratory wells in blocks CM-753, CM-789, SM-536, SM -647 and the Titã sharing area, located in the Campos and Santos basins. Petrobras opens arbitration against Odebrecht for BRL 800 million related to the petrochemical company Braskem
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The new oil exploration campaign on the Brazilian coast, where the American oil company received a four-year license from the environmental agency.
The license guarantees ExxonMobil to drill up to six exploratory wells, which consists of the drilling of two firm wells (Opal 1 in block CM-789 and Titã-1) and four more contingents.
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The American oil company hired the West Saturn drillship to carry out the activities. According to Ibama, there is also the possibility of carrying out a short training test.
The value of the planned investment in drilling the oil blocks in the Campos and Santos basins could reach R$ 7 billion, says ExxonMobil. The total area of the blocks is approximately 3.234 km², with bathymetric levels between 2.600 meters and 3.100 meters, with water depth.
The largest US oil company, ExxonMobil, has signed a PSV vessel supply agreement with Norwegian company Solstad Offshore.
The agreement involves Solstad providing supply vessel services that support ExxonMobil's exploration activities in Brazil. The staff agreement is for 3 years with the company.
The first call was received for the platform supply ship “Normand Swift”. Built in 2014, the Normand Swift will be with Exxon for a period of 3 months, starting in December 2020.
About ExxonMobil
ExxonMobil, headquartered in Irving, Dallas County, Texas, was formed on November 30, 1999 from the merger of Exxon and Mobil, two companies resulting from the split of the Standard Oil Company in 1911.
Today company has become one of the world's largest publicly traded energy suppliers and chemical manufacturers, develops and applies state-of-the-art technologies to help safely and responsibly meet the world's growing needs for high-quality energy and chemicals.
