Brazilian Oil Giant Petrobras Announces Discovery Of Gas In Deep Waters Off Colombia!

Written by Flavia Marinho

Published on 29/07/2022 at 15:19

Updated on 29/07/2022 at 15:20

Petrobras descobre petróleo e gás na Colômbia – Imagem AmchamColombia

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Petrobras Gas Discovery Boosts Outlook for Development of New Exploration and Production Frontier in Colombia.

On July 29, Petrobras announced in a material fact to the market the discovery of a natural gas accumulation in the exploratory well Uchuva-1, drilled in deep waters off the Colombian coast, 32 kilometers from shore and 76 kilometers from the city of Santa Marta, at a water depth of approximately 830 meters.

The Uchuva-1 well was drilled in the Tayrona Block, with Petrobras as the operator (44.44% stake), in partnership with Ecopetrol, which holds a 55.56% stake.

According to Petrobras, this discovery is a result of the consortium’s efforts to enhance the use of data through the application of new technological solutions in geology and geophysics, combined with expertise in deep-water operations.

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Tayrona Block Is Part of Petrobras’ Portfolio Focused on Exploration of Deep and Ultra-Deep Water Assets.

The Tayrona Block is included in Petrobras’ portfolio for active management, and the opening of this new frontier is aligned with the company’s strategic pillar of maximizing its value with a focus on exploration of deep and ultra-deep water assets.

The results achieved increase the outlook for the development of new exploration and production frontiers in Colombia.

The consortium will continue activities in the Tayrona Block, aiming to evaluate the dimensions of the new gas accumulation.

Gasoline Prices Plummet in Brazil and Stand 16.7% Below the Global Average, Excluding New Reductions from Petrobras

The reduction of taxes was the most significant factor in lowering gasoline prices. After Caio Paes de Andrade’s entry along with government charges, the price of gasoline dropped by R$ 0.20 and indicated that it would continue to decrease in the coming weeks.

The drop in price is around 16.7% compared to the global average. According to data recorded by Global Petrol, the average price of gasoline in the world is about US$1.44, while in Brazil, the price drops to the equivalent of US$1.119.

Abicom reported that the price was similar to import levels, all due to the reduction of prices at Petrobras refineries.

Brazilian Oil Giant Petrobras Announces Discovery Of Gas In Deep Waters Off Colombia!

Petrobras Gas Discovery Boosts Outlook for Development of New Exploration and Production Frontier in Colombia.

Tayrona Block Is Part of Petrobras’ Portfolio Focused on Exploration of Deep and Ultra-Deep Water Assets.

Gasoline Prices Plummet in Brazil and Stand 16.7% Below the Global Average, Excluding New Reductions from Petrobras

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Brazilian Oil Giant Petrobras Announces Discovery Of Gas In Deep Waters Off Colombia!

Petrobras Gas Discovery Boosts Outlook for Development of New Exploration and Production Frontier in Colombia.

Tayrona Block Is Part of Petrobras’ Portfolio Focused on Exploration of Deep and Ultra-Deep Water Assets.

Gasoline Prices Plummet in Brazil and Stand 16.7% Below the Global Average, Excluding New Reductions from Petrobras

Libya built over 4,000 kilometers of underground pipelines to bring water from the Sahara to coastal cities in a project that the government itself called the Eighth Wonder of the World.

Desert sand, previously discarded for being too smooth for concrete, becomes an ecological brick in the United Arab Emirates, dispensing with Portland cement, curing at room temperature, and attempting to transform dunes useless for construction into raw material for a new arid engineering.

Chinese woman planted trees for decades while sand buried part of her house, received $5,000 from an American in 1999, and helped transform the desert into a forest of 8 million trees in China.

Almost 6,000 residents live concentrated along a single street nearly 9 km long in the interior of Poland. Houses form a continuous row, and behind them, narrow agricultural strips emerge, creating one of the most unusual rural patterns in Europe.

In the cold desert of Ladakh, where it hardly rains, engineer Sonam Wangchuk created the ice stupa, a tower that freezes winter water and stores it for irrigating crops in the spring, a simple engineering feat that mimics nature.

Described by astronauts as one of the most unlikely natural phenomena on Earth, the Okavango Delta spreads over up to 15,000 square kilometers in the middle of the desert and transforms Botswana into a living labyrinth of channels, islands, and flooded areas.

Two helicopters, 41 people, and over 38 tons of bait were mobilized on a remote Pacific atoll to eliminate rats; five years later, native trees grew by 5,000%, seabirds gained habitat, and the rainforest began to regenerate.

Petrobras is expected to complete the drilling of the Morpho well in the Foz do Amazonas in August 2026, the first well in the Equatorial Margin, an oil frontier that the ANP estimates at more than 30 billion barrels and could redraw the map of Brazil.

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Brazilian family creates machine that transforms seawater into fresh water, produces up to 130 liters per hour, facilitates routine on vessels, and boosts family business along the country’s coast.

Between Egypt and Sudan, Bir Tawil is no man’s land that neither country wants on paper, but in practice has gold mining, nomadic tribes, and even fake “kings.”

Swimming champion Shavarsh Karapetyan dove about 40 times into a frozen lake in Armenia to rescue a sunken bus, saved 20 lives, and lost his career because of it.