Petronas Acquires Half of Tartaruga Verde Field

Written by Renato Oliveira

Published on 29/04/2019 at 15:32

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Malaysian Oil Company Signs Agreement with Petrobras to Acquire 50% of Tartaruga Verde Field, Offshore, Strengthening the Company’s Operations in South America.

Petronas, the national oil company of Malaysia, announced the acquisition of a 50% stake in the Tartaruga Verde field, located in the southern portion of the Campos Basin, approximately 125 km off the coast of Macaé.
The deal was made with Petrobras, from whom the Malaysian oil company’s subsidiary in Brazil also negotiated the facilities of module III of the Espadarte field.

The transaction still needs to be approved by CADE (Administrative Council for Economic Defense) and ANP (National Agency of Petroleum, Natural Gas and Biofuels), according to a statement from Petrobras.

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The Tartaruga Verde Field

The production of the Tartaruga Verde field, in the deep waters of the Campos Basin, started on 06/22/2018, through the FPSO Cidade de Campos dos Goytacazes, chartered by Modec.
The FPSO is located about 127 km off the coast of the State of Rio de Janeiro, at a water depth of 765 meters, with the capacity to process up to 150,000 barrels of oil and 3.5 million cubic meters of gas daily, and to compress 5 million cubic meters of gas.

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Petronas Acquires Half of Tartaruga Verde Field

Malaysian Oil Company Signs Agreement with Petrobras to Acquire 50% of Tartaruga Verde Field, Offshore, Strengthening the Company’s Operations in South America.

The Tartaruga Verde Field

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Petronas Acquires Half of Tartaruga Verde Field

Malaysian Oil Company Signs Agreement with Petrobras to Acquire 50% of Tartaruga Verde Field, Offshore, Strengthening the Company’s Operations in South America.

The Tartaruga Verde Field

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.

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.

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.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

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.

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