Day: September 8, 2020

Total throws in towel on Foz do Amazonas

Total announced yesterday (7) that it had notified its partners last month that it is resigning from its role of operator of five exploration blocks in the Foz do Amazonas Basin. The company said that it has already notified ANP of its decision to give up operatorship of the blocks,

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Importance of geology in evaluating mature fields

Since we first made note of it in Round 9 of our Weekly BPS newsletter in December of last year, Petrobras has gradually announced what is now Brazil’s largest divestment program of hydrocarbon exploration and production assets since 2015. The divestments are spread across several basins, including Potiguar, Espírito Santo,

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