New Contract Signed Between Petrobras and Foreign Company PXGEO Foresees Performing Oil and Gas Services in the Santos Basin

Written by Roberta Souza

Published on 23/03/2023 at 10:41

Updated on 23/03/2023 at 20:04

Foto: Fernando Frazão/Agência Brasil

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Contract Between Two Oil And Gas Giants Aims To Gather Information From The Santos Basin

Petrobras and PXGEO are planning a 3D survey that is scheduled to be acquired at water depth of 2,300 meters in the Santos Basin, lasting approximately four months, according to the contract signed between Petrobras and PXGEO.

According to PXGEO’s CEO, Peter Zickerman: “This will be our fourth oil and gas project in the Santos Basin acquired for Petrobras since mid-2021, demonstrating our ongoing commitment to providing safe and efficient OBN acquisition solutions in the deep waters of the Santos Basin in Brazil.”

Petrobras And PXGEO Will Work Together On OBN Projects In The Santos Basin

Production at Sépia by Petrobras in the Santos Basin began in 2021 and aims for a plateau of 180,000 barrels of oil per day with the first FPSO. Petrobras is expected to increase total oil production from the Santos Basin field to around 350,000 b/d.

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More About Oil And Gas: Unwavering Leadership: SHELL Is The Most Valuable Oil And Gas Brand In The World, Ranked At The Top For The 9th Consecutive Year

The brand valuation consultancy Brand Finance released its Oil & Gas 50 2023 ranking, which ranks the 50 most valuable and strongest oil and gas brands in the world. According to the ranking, Shell was recognized as the most valuable oil and gas brand in the world for the ninth consecutive year.

According to Brand Finance, brand value is defined as the net economic benefit that its owner would obtain by licensing it in the open market. Meanwhile, brand strength is represented by the effectiveness of its performance on intangible measures compared to its competitors.

Despite experiencing a 3% decrease in brand value, Shell maintained its position as the most valuable oil and gas brand in the world, with a value of US$ 48.2 billion. However, the Saudi oil and gas giant, Aramco, narrowed the gap between itself and Shell with a brand value that increased by 4%, to US$ 45.2 billion. Read this article in full by clicking here.

New Contract Signed Between Petrobras and Foreign Company PXGEO Foresees Performing Oil and Gas Services in the Santos Basin

Contract Between Two Oil And Gas Giants Aims To Gather Information From The Santos Basin

Petrobras And PXGEO Will Work Together On OBN Projects In The Santos Basin

More About Oil And Gas: Unwavering Leadership: SHELL Is The Most Valuable Oil And Gas Brand In The World, Ranked At The Top For The 9th Consecutive Year

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New Contract Signed Between Petrobras and Foreign Company PXGEO Foresees Performing Oil and Gas Services in the Santos Basin

Contract Between Two Oil And Gas Giants Aims To Gather Information From The Santos Basin

Petrobras And PXGEO Will Work Together On OBN Projects In The Santos Basin

More About Oil And Gas: Unwavering Leadership: SHELL Is The Most Valuable Oil And Gas Brand In The World, Ranked At The Top For The 9th Consecutive Year

A village with 115 inhabitants wants new residents: it offers a house, a job, up to 44 thousand euros in benefits, almost free rent, an annual grant of 8 thousand euros for 3 years, and a 20 thousand euro incentive for businesses in the mountains of Italy.

Goodbye traditional washing machine: Xiaomi surprises and launches an ultra-slim version with 27 programs, 3D water flow, steam sterilization, app control, enlarged drum, and a silent system with double suspension

NASA is offering US$ 750,000 to people from anywhere in the world who solve a problem that could decide survival on Mars: creating food for astronauts without relying on resupply from Earth.

With an 88-meter wingspan, a capacity of 250 tons, six engines, and 32 wheels, the Ukrainian giant became the greatest symbol of extreme air transport and one of the most impressive machines in aviation history.

Toyota ends the Diesel era: new Hilux with up to 380 km of urban range brings 196 hp, 59.2 kWh battery, 4×4 traction and 715 kg of load capacity

After 16 years and almost 600 prototypes, a Chinese inventor unveils the world’s smallest and cheapest manned jet, at just 3.80 meters long and costing US$7.2 thousand in materials.

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