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

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

Great Atlantic Sargassum Belt has ceased to be a climatic phenomenon and has become a biological system that feeds on itself, with 8,000 kilometers in length, 37 million tons of algae, and scientists confirm that it is now permanent.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Engineers had to pour concrete mixed with tons of ice throughout entire nights in the Dubai desert to erect the Burj Khalifa; any carelessness could clog the pipes half a mile high.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

The Netherlands moved an entire wooden pavilion by 23 meters in just 10 minutes, without dismantling the structure, to allow dunes to grow and protect a tourist beach against erosion and sea advancement in an unprecedented operation of this kind in the country.

Virgin Galactic returns VSS Unity to the skies after almost 2 years grounded, uses glide flight to train crews and prepares a new generation of spacecraft expected to begin commercial flights to take people to space by the end of 2026.

To take down swarms of drones and cheap missiles without spending a fortune on ammunition, Japan tested a 100-kilowatt laser cannon at sea, mounted on a warship.

Appliance giant closes factory, lays off 1,700 employees after drop in sales, global inflation, and the rise of Asian competitors.

Petrobras puts R$ 70 billion on the table to create 25,000 jobs, operate platforms capable of producing 240,000 barrels per day, build 32 subsea wells, and a 134 km pipeline off the coast of Sergipe.

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

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

Great Atlantic Sargassum Belt has ceased to be a climatic phenomenon and has become a biological system that feeds on itself, with 8,000 kilometers in length, 37 million tons of algae, and scientists confirm that it is now permanent.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Engineers had to pour concrete mixed with tons of ice throughout entire nights in the Dubai desert to erect the Burj Khalifa; any carelessness could clog the pipes half a mile high.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

IBS and CBS regulations change credit reimbursement and raise financial alert in the oil and gas industry

China puts into operation the largest shallow lithology offshore field in the country, with 79 wells, heavy oil, and a production of 20,000 barrels per day.

Petrobras announces an investment of R$ 2.8 billion in Amazonas to expand natural gas production in Urucu and modernize the river fleet, boosting energy, logistics, and the regional economy with new vessels adapted for operation in the Amazon.

The Netherlands moved an entire wooden pavilion by 23 meters in just 10 minutes, without dismantling the structure, to allow dunes to grow and protect a tourist beach against erosion and sea advancement in an unprecedented operation of this kind in the country.

Virgin Galactic returns VSS Unity to the skies after almost 2 years grounded, uses glide flight to train crews and prepares a new generation of spacecraft expected to begin commercial flights to take people to space by the end of 2026.

To take down swarms of drones and cheap missiles without spending a fortune on ammunition, Japan tested a 100-kilowatt laser cannon at sea, mounted on a warship.

Appliance giant closes factory, lays off 1,700 employees after drop in sales, global inflation, and the rise of Asian competitors.

Petrobras puts R$ 70 billion on the table to create 25,000 jobs, operate platforms capable of producing 240,000 barrels per day, build 32 subsea wells, and a 134 km pipeline off the coast of Sergipe.