Brazil
News
February 28, 2018
Petrobras, further to the Material Fact disclosed on July 28, 2017, and press release disclosed on Oct. 4, 2017, informs the start of the binding phase regarding the assignment of all of its exploration, development and production rights in Enchova and Pampo clusters, located in Rio de Janeiro state.
News
February 08, 2018
Aker Solutions won a contract to provide maintenance and modifications services for three platforms at Petrobras-operated oil and gas fields offshore Brazil, expanding its business in a key international market.
News
May 19, 2017
Petrobras and its partners in the BM-S-11 Consortium have started producing oil and natural gas from the Santos Basin’s pre-salt Lula Sul field.
News
May 16, 2017
Petrobras’ net income was R$4.4 billion in first quarter 2017, reversing the loss recorded in the same period of last year. This result reflects the company’s outstanding operating performance, despite lower demand for oil products in the Brazilian market.
News
May 16, 2017
Heerema Fabrication Group has been awarded the Procurement & Construction contract of the Peregrino II jacket by South Atlantic Holding B.V. on behalf of the Statoil Peregrino II project.
News
May 09, 2017
Exxon Mobil Corp. and Petrobras have held talks on a strategic partnership that could involve multiple assets in Brazil and overseas in different segments of the industry, similar to the $2.2-billion deal signed with Total SA in December, said people familiar with the conversations.
News
May 09, 2017
Petrobras is entering the fourth expansion cycle in its history as it ramps up its production in the pre-salt layer. This is a major milestone for the company, achieved by overcoming challenges, developing technologies and building up technical capacity.
News
May 09, 2017
Intense collaboration between the Libra area’s partners to develop technologies needed to maximize value has cut the project’s break-even price by approximately $13/bbl.
News
May 09, 2017
Brazil's Decree 9.041/2017 entered in force last week, regulating Law 12.351/2010 relating to Petrobras’ preferential rights to act as operator in consortiums for exploration and production in blocks subject to the production sharing regime.
News
May 05, 2017
Two affiliates of Cut Off, LA-based Edison Chouest Offshore (ECO), have signed a five-year contract with Shell Brazil for light subsea construction and inspection, maintenance and repair (IMR) services from the M/V Island Enforcer, a 402-ft. subsea installation and construction vessel.
News
April 06, 2017
Wood Group was awarded a multi-year contract from Karoon Petróleo & Gás to provide owner’s engineering services to support the full field development for the Echidna field offshore Brazil marking the first project between the two companies.
News
March 15, 2017
Weatherford International announced today that its facility in Macaé, Brazil, received API Specification Q2 certification. To gain certification, a facility must demonstrate a robust quality management system that assures personnel competency, risk assessment, contingency planning and other key elements.
News
February 23, 2017
European oil majors given a taste of Brazil may soon be ready for more.
News
February 16, 2017
Rosneft Brasil (100% owned Rosneft subsidiary) started the drilling of the first exploration well in the Solimoes basin.
News
February 10, 2017
Petroleo Brasileiro SA’s $5.2-billion sale of a natural gas distribution unit to Brookfield Asset Management Inc. and other investors has just hit a legal snag.
News
January 16, 2017
Petrobras has awarded the Brazilian built PLSV Skandi Vitoria a contract of 532 days. The contract will commence in January.
News
January 11, 2017
Halliburton has announced a technology cooperation agreement with Petrobras that will advance collaboration in a diverse set of projects targeting complex reservoirs, such as deepwater pre-salt and mature fields.
