Atlanta field a go for QGEP

Offshore staff

RIO DE JANEIRO – Brazilian operator Queiroz Galvão Exploração e Produção (QGEP) and partners in the Santos basin block BS-4 have4 received government approval to develop the Atlanta field.

Brazil’s National Agency for Oil, Natural Gas and Biofuels (ANP) gave the go-ahead to develop the post-salt field, in approximately 1,550 m (5,085 ft) of water 185 km (115 mi) off the coast of Rio de Janeiro.

In late 2011, QGEP acquired Shell’s 30% operated interest in block BS-4, which also contains the Oliva discovery. Other members of the BS-4 consortium are Barra Energia, with 30% interest, and OGX, which is taking over a 40% stake from Petrobras.

01/14/2013

file

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...