UK supermajor BP has started drilling a new exploration well in the deepwater section of the Brazilian pre-salt polygon that ...

According to data from Brazilian market regulator ANP, BP started on 13 June drilling of the Pau Brasil exploration well in the production sharing contract of the same name in the Santos basin.

However, BP’s move in Brazil, as well as similar moves by other Big ... What BP is doing in Brazil is a high-risk exploration project. This is not a field that has not been explored at all.

BP said the Pitanga exploration well on Block BM-CAOL-13 in the Camamu-Almada basin, offshore Brazil, found no commercial quantities of oil or gas. The company said it would therefore write off $1 ...

BP Plc is preparing a deepwater well in Brazil in the latest attempt to break a streak of bad luck by oil majors who have paid billions for exploration rights and have little to show for it. The ...

In Brazil, BP will have access to deepwater exploration in eight blocks in the Campos and Camumu-Almada basins, as well as two onshore licenses in the Parnaiba basin. Petroleo Brasileiro SA ...