PetroRio Receives Approval From ANP and Becomes Dominant Operator of Tubarão Martelo Field in the Campos Basin

Written by Kelly

Published on 04/08/2020 at 12:27

FPSO OSX-03 da PetroRio que opera no campo de Tubarão Martelo/ Imagem: Divulgação

Be the first to react!

PetroRio Receives Approval from the National Agency of Petroleum (ANP) for Rights to the Tubarão Martelo Asset, Previously Operated by Dommo, Located in the Campos Basin

The Tubarão Martelo Field in the Campos Basin is under new ownership. Yesterday (08/03), the National Agency of Petroleum (ANP) approved the transfer of rights to PetroRio for the asset that was previously operated by the oil and gas company Dommo Energia. Take a look and see that PetroRio has offshore job openings.

See Also Other News

In December 2013, Dommo Energia began oil production at the Tubarão Martelo field. Production at the asset is being carried out through the FPSO OSX-3 and, by 2018, produced over 15 million barrels of oil.

With the acquisition, PetroRio becomes the dominant operator of the concession, holding an 80% stake and promising to extend the economic life of the field until 2035.

ARTICLE CONTINUES BELOW

PetroRio Announces Acquisition of FPSO OSX-3 Unit

In addition to purchasing the rights to the field, PetroRio also announced in February this year the acquisition of the Oil and Gas Production, Storage, and Transfer Unit FPSO OSX-3 for a total value of US$ 140 million.

The company has committed to taking on all operational costs and investment commitments of Dommo Energia.

Integrated Project of PetroRio in the Campos Basin

PetroRio intends to carry out projects seeking to integrate the Tubarão Martelo and Polvo fields, both assets located in the Campos Basin, estimating an investment of approximately US$ 45 million.

After the interconnection of the Tubarão Martelo and Polvo oil fields, expected in mid-2021, PetroRio will hold a 95% stake in the new integrated producing hub; and Dommo will hold the remaining 5%.

PetroRio Receives Approval From ANP and Becomes Dominant Operator of Tubarão Martelo Field in the Campos Basin

PetroRio Receives Approval from the National Agency of Petroleum (ANP) for Rights to the Tubarão Martelo Asset, Previously Operated by Dommo, Located in the Campos Basin

See Also Other News

PetroRio Announces Acquisition of FPSO OSX-3 Unit

Integrated Project of PetroRio in the Campos Basin

Mayor orders wireless network turned off in municipal schools due to fear of electromagnetic radiation in children, replaces connection with Ethernet cables, and transforms small Italian city into a symbol of technological panic.

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

An entire country within the mountains is selling water to Africa’s largest economy: Lesotho builds dams, tunnels, and bridges at an altitude of 2,000 meters to send more than 1.27 billion m³ per year to Johannesburg

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

An unmanned Russian ship has been drifting in the Mediterranean for 57 days with 60,000 tons of gas — the second towing attempt has just failed.

Magalu has a clearance sale on JBL Boombox 4 with 210W of power, 34-hour battery, and 3-way system.

The USA is offering almost R$ 1 million for anyone who can stop invasive mussels that hitchhike on boats, spread through rivers and lakes, and threaten to clog water systems, reservoirs, and hydroelectric power plants.

Shopee opened three distribution centers at once in Vitória, Curitiba, and Fortaleza with the capacity to process 700,000 orders per day, generated 900 jobs, and now totals 22 centers in Brazil with 200 logistics hubs and 45,000 partner drivers in a race against Mercado Livre and Amazon.

TIM closed a partnership with PicPay to distribute financial products to its 61 million customers without investing a single cent in equity. The focus is credit, and the move marks the operator’s return to the financial sector after receiving R$ 520 million to exit C6 Bank.

With an investment of R$ 870 million and an annual capacity of 720,000 tons, Petrobras returns to producing urea in Paraná and addresses the dependence on approximately 80% of Brazilian imports of nitrogen fertilizers, a segment pressured by the war in Ukraine and conflicts in the Middle East.

PetroRio Receives Approval From ANP and Becomes Dominant Operator of Tubarão Martelo Field in the Campos Basin

PetroRio Receives Approval from the National Agency of Petroleum (ANP) for Rights to the Tubarão Martelo Asset, Previously Operated by Dommo, Located in the Campos Basin

See Also Other News

PetroRio Announces Acquisition of FPSO OSX-3 Unit

Integrated Project of PetroRio in the Campos Basin

Mayor orders wireless network turned off in municipal schools due to fear of electromagnetic radiation in children, replaces connection with Ethernet cables, and transforms small Italian city into a symbol of technological panic.

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

An entire country within the mountains is selling water to Africa’s largest economy: Lesotho builds dams, tunnels, and bridges at an altitude of 2,000 meters to send more than 1.27 billion m³ per year to Johannesburg

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

An unmanned Russian ship has been drifting in the Mediterranean for 57 days with 60,000 tons of gas — the second towing attempt has just failed.

Magalu has a clearance sale on JBL Boombox 4 with 210W of power, 34-hour battery, and 3-way system.

Brazil’s oil production soars and hits an all-time high for the second consecutive month, driven by the pre-salt and the advancement of energy sector giants.

Oil price falls even with Trump’s threats to Iran and rising geopolitical tensions in the Middle East impacting global market expectations.

China discovers more than 200 new oil and gas fields in the last five years

Petrobrás indicates a strong first quarter in 2026 with high production, robust cash generation, and an expectation of up to $2.4 billion in dividends for shareholders.

Petrobrás may cause an increase of up to 40% in the price of natural gas in Brazil starting in August and reignites the debate on dependence on the international market.

The USA is offering almost R$ 1 million for anyone who can stop invasive mussels that hitchhike on boats, spread through rivers and lakes, and threaten to clog water systems, reservoirs, and hydroelectric power plants.

Shopee opened three distribution centers at once in Vitória, Curitiba, and Fortaleza with the capacity to process 700,000 orders per day, generated 900 jobs, and now totals 22 centers in Brazil with 200 logistics hubs and 45,000 partner drivers in a race against Mercado Livre and Amazon.

TIM closed a partnership with PicPay to distribute financial products to its 61 million customers without investing a single cent in equity. The focus is credit, and the move marks the operator’s return to the financial sector after receiving R$ 520 million to exit C6 Bank.

With an investment of R$ 870 million and an annual capacity of 720,000 tons, Petrobras returns to producing urea in Paraná and addresses the dependence on approximately 80% of Brazilian imports of nitrogen fertilizers, a segment pressured by the war in Ukraine and conflicts in the Middle East.