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Galp Energia
Recent Articles
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.
Galp See Brazil's Tupi Profitable at Current Oil Prices
Thursday, March 05, 2009 - Portugal's Galp Energia believes production at the Tupi subsalt oil field in Brazil is viable despite the slide in international oil prices.
Petrobras to Begin First Phase of Tupi
Wednesday, February 04, 2009 - Petrobras has confirmed that that company is starting the first phase of field development on Tupi -- long-term tests on the massive oil and gas field.
Brazil's Petrobras Reports Two Potiguar Basin Oil Finds to ANP
Tuesday, February 03, 2009 - Petrobras notified regulators late Tuesday that it found traces of oil in test wells drilled at two exploration blocks in the Potiguar Basin.
Monday, January 26, 2009 - E.ON Ruhrgas will become even more closely involved in a project for liquefied natural gas in Equatorial Guinea in West Africa.
Galp Energia Collects 8 Exploration Blocks in Brazil's 10th Bidding Round
Friday, December 19, 2008 - Galp Energia took part in the 10th bidding round for exploratory blocks organized by the ANP and has won five onshore blocks and three blocks in the Amazonas Basin, which, combined, total an area of around 9,000 square kilometers.
Venezuela's PDVSA Targets to Start LNG Exports by 2014
Friday, December 12, 2008 - PDVSA is planning to start exporting LNG from its offshore joint ventures by 2014 in its third attempt in almost two decades to develop an LNG export industry.
