Galp Energia
Recent Articles
Petrobras: No Negotiation in Progress for Stake in Galp
Friday, January 15, 2010 - Petrobras has clarified the news on a potential acquisition of the stakes held by Eni in Galp Energia; possible exploration partnerships with Galp; and contracts for oil products distribution in Europe.
Petrobras in Talks to Buy Stake in Galp Energia
Thursday, January 14, 2010 - Mines and Energy Minister Edison Lobao confirmed that Petrobras is in talks to buy a stake in Portugal's Galp Energia.
Petrobras Awards FEED Contract for Floating LNG Unit
Monday, December 21, 2009 - Petrobras, BG Group, Repsol and Galp have awarded the tender to develop the FEEDs for an onboard natural gas liquefaction unit.
Wednesday, December 16, 2009 - Exploring for oil under the layers of salt that lie thousands of meters below the seabed is difficult and costly, but Repsol is betting on it to pay off.
Wednesday, December 09, 2009 - Formation tests at Iara, located in the BM-S-11 block offshore Brazil, have proven the area's exploratory potential and recoverable volume of between 3 to 4 billion barrels of oil and natural gas.
Repsol, Galp Join Natural Gas Liquefaction Project in Brazil's Pre-Salt
Tuesday, December 08, 2009 - Repsol and Galp have entered into a joint venture, formed by Petrobras and BG Group to develop the Front End Engineering and Design of a FLNG unit to operate in the pre-salt area of the Santos Basin.
Thursday, November 19, 2009 - Two well tests on the Iracema appraisal well in the Tupi area, Santos Basin, Brazil, have proved the high productivity of the pre-salt carbonate reservoirs.
Friday, November 13, 2009 - Petrobras has drilled a fourth Tupi well and the results reinforce estimations of the potential of 5 to 8 billion barrels of recoverable light oil and natural gas in Tupi's pre-salt reservoirs.
Wednesday, September 09, 2009 - One of seven of Chevron's major projects coming online this year, the $3.8 billion Tombua-Landana development has commenced crude oil production offshore Angola.
Tuesday, September 08, 2009 - Petrobras has restarted oil and natural gas production for the Extended Well Test in the Tupi Area of the Santos Basin.
Wednesday, July 29, 2009 - BG Group said Wednesday it is making steady progress in the development of the large Tupi, Iara and Guara oil fields discovered offshore Brazil.
Venezuela Drilling Tender Deadline Nears; May Be Pushed Back
Thursday, July 23, 2009 - A Tuesday deadline for companies to submit bids in a tender for Venezuela's Carabobo heavy crude blocks appears likely to be pushed back, although no official postponement has been announced.
Monday, July 06, 2009 - Petrobras has detected a technical problem at a well in the Tupi area in the Santos Basin's Sub-Salt Cluster, and will replace subsea equipment to continue extended well tests.
South American Oil Majors Team Up to Explore Offshore Uruguay
Wednesday, July 01, 2009 - Argentina's YPF has won a bid to explore for oil in offshore blocks near the coast of Uruguay with Petrobras and GALP.
Friday, June 05, 2009 - Petrobras has further confirmed estimates of a potential of 5 to 8 billion barrels of recoverable light oil and natural gas with the drilling of a third well in the Tupi area.
Friday, May 29, 2009 - Repsol and Galp Energia are interested in bidding for the development of the Carabobo area of Venezuela's oil-rich Orinoco Belt.
Galp Energia Signs Credit Facility of Floating Rate Notes
Thursday, May 14, 2009 - Galp Energia has signed yesterday a 700 million credit facility in the form of Floating Rate Notes with a final maturity of 4 years with attractive terms and conditions.
Friday, May 01, 2009 - Petrobras celebrated May Day in style Friday, pumping the first crude from the Western Hemisphere's largest oil discovery in 30 years.
Thursday, April 30, 2009 - Petrobras announced that the production in the Pre-Salt layer of the Santos Basin will start tomorrow, by means of the Extended Well Test in the Block BM-S-11.
Tuesday, April 28, 2009 - Galp Energia reported to Brazil's ANP late Monday that it found traces of oil while prospecting the Potiguar Basin.
