Petrobras and Murphy form joint venture with Gulf of Mexico assets

Petrobras informs that today its subsidiary, Petrobras America Inc. (“PAI”), has entered into a definitive agreement with Murphy Exploration & Production Company – USA (“Murphy”), a wholly owned subsidiary of Murphy Oil Corporation, to form a joint venture company (“JV”) comprised of producing oil and gas assets in the Gulf of Mexico.

Libra Consortium concludes extended well tests in the Mero field

Libra Consortium operator Petrobras has concluded on Tuesday, Oct. 2, the extended well test (EWT) in the Mero field, located in the block of Libra, in Santos Basin’s pre-salt layer. Launched in November 2017, production was carried out by FPSO Pioneiro de Libra, the first Petrobras extended well testing dedicated unit equipped to inject the gas produced. FPSO is the English acronym for the vessel that produces, stores and offloads oil.