Brazil
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.
News
November 06, 2015
Fugro has taken delivery of the new ROV support vessel (RSV) Fugro Aquarius, the most advanced vessel of her type built in Brazil.
News
November 06, 2015
Petrobras has managed to reduce the impact of the strike on its operations by implementing its contingency plan, the Rio De Janeiro-based company announced Thursday night.
News
November 04, 2015
Brazil’s daily oil production has fallen by about 500,000 bbl as oil workers strike to protest austerity measures by state-controlled Petroleo Brasileiro SA that are resulting in job losses, the country’s main oil union said Tuesday.
News
October 29, 2015
Brazil will lead global growth in the Floating Production, Storage and Offloading vessel (FPSO) industry despite the country’s national oil company, Petrobras, recently facing allegations of corruption, research and consulting firm GlobalData said.
News
October 29, 2015
Sandvik has announced the opening of its South American hub in Rio de Janeiro to better meet the needs of clients, such as Petrobras and service companies.
News
October 28, 2015
Cutbacks by Brazil’s state oil company has one of its main suppliers exporting local talent to an unlikely location: Venezuela.
News
October 27, 2015
Technip was awarded a substantial (ranging from $110 to $276 million) contract from Libra Oil & Gas BV.
News
October 22, 2015
Production of oil and natural gas from facilities operated by Petrobras in the pre-salt layer exceeded 1 MMboed during September, with output averaging 1.028 MMboed, and reaching a record level of 1.12 MMboed on Sept. 15.
News
October 22, 2015
CGG announced Thursday that it has now received all necessary permits to start acquiring the industry’s first regional broadband seismic survey of the Barreirinhas basin in the Equatorial Margin of northern Brazil in early November.
News
October 15, 2015
The consortium responsible for the Libra oil field in the Santos basin pre-salt has completed the drilling of well 3-BRSA-1310-RJS, in the central area of the block.
