Santos Basin

bp advances plans for major Bumerangue discovery in Brazil’s Santos basin

October 30, 2025

(World Oil)– bp is progressing appraisal planning for its significant Bumerangue hydrocarbon discovery in the pre-salt Santos Basin offshore Brazil, following confirmation of a large, liquids-rich reservoir. Laboratory and pressure gradient analysis have verified the presence of a ~1,000-meter gross hydrocarbon column, including a ~100-meter oil column and a ~900-meter liquids-rich gas-condensate column. According to bp, the reservoir’s high-quality rock properties

Equinor starts production at Bacalhau, its largest international field

October 17, 2025

(World Oil)– Equinor and its partners have achieved first oil from the Bacalhau field in Brazil’s Santos basin, marking a major milestone for one of the largest deepwater developments in the world. The project represents Equinor’s biggest international offshore investment, with recoverable reserves exceeding 1 billion barrels of oil equivalent (boe) and peak production capacity of 220,000 barrels per day

Exxon, Chevron and Petrobras win exploration rights for disputed offshore Brazil region

June 18, 2025

(World Oil) – Petrobras, Exxon Mobil Corp. and Chevron Corp. have won exploration rights in Brazil’s Equatorial Margin, betting that the nation’s environmental regulator will finally open the promising offshore oil region for drilling after years of delay. Brazil sold 19 out of 47 blocks offered in Foz do Amazonas basin in deep waters near the equator, making it the

Baker Hughes wins Petrobras contracts to supply flexible pipe systems in Santos basin

October 28, 2024

(World Oil) – Baker Hughes announced today significant contracts with Petrobras to provide 77 km of flexible pipe systems to be deployed in Brazil’s pre-salt fields. The agreement was signed Oct. 15, 2024, following an open tender. The multi-year project includes risers and flowlines for hydrocarbon production and associated gas and water injection with support for equipment storage, maintenance and

bp advances plans for major Bumerangue discovery in Brazil’s Santos basin

Equinor starts production at Bacalhau, its largest international field

Exxon, Chevron and Petrobras win exploration rights for disputed offshore Brazil region

Baker Hughes wins Petrobras contracts to supply flexible pipe systems in Santos basin

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