Start First Brazilian private oil company to start extracting oil in deep waters in 2018

First Brazilian private oil company to start extracting oil in deep waters in 2018

August 9, 2017 4:32 pm to 4:32 pm
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Queiroz Galvão offshore

The Atlanta field will be operated by a “non-state” national oil company in the post-salt layer, signaling good expectations for the market and showing that other companies in Brazil also have offshore capacity

[supsystic-social-sharing id='1′]Queiroz Galvão Exploração e Produção (QGEP) has signaled its intention to produce oil on behalf of at the beginning of the year that come in water depths of up to 1500 meters(deep water), in the first quarter in the Campos Basin. According to Lincoln Guardado, who is a director at QGEP, the productions just didn't happen before because Teekay Offshore took too long to assemble the chartered FPSO.

The executive guarantees that the Lava Jato investigation did not harm the progress of the project, as QGEP is also involved in the scandal. The company also operates the block in association with OGX, which recently came out of judicial recovery, and Barra Energia.

Guardado said that the investment in the Atlanta Field is in the order of US$820 million for production development. As the current economic scenario did not reach this part of the enterprise, the company felt free to start producing this asset.

QGEP expects to drill 3 oil wells in the block and produce around 30,000 barrels every day by March 2018. These operations are necessary to honor the R$60 million debt it owes OGX, as it has applied that initial amount.

Do you want to send your CV to QGEP?

There are still no official selection processes for the company, but on the oil company's own website, in the WORK WITH US tab, it provides a contact email for anyone who wants to leave a resume for future hires that will take place en masse when drilling starts in full swing. the contact is, enter name-profession-years of experience-city of residence in the subject field. Source: The Globe

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