Brazil
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.
News
October 07, 2015
Brazil’s first auction of oil and natural gas exploration rights in two years got off to a weak start with three of the first four basins offered receiving no bids.
News
October 06, 2015
Brazil will auction crude-exploration blocks on Wednesday for the first time since a colossal corruption scandal crippled the nation’s oil industry and forced state-run Petroleo Brasileiro SA to scale back investments.
News
September 28, 2015
SBM Offshore is pleased to announce that its main Brazilian subsidiary has received written notification from Petrobras of its ability to participate in the recently issued Libra and Sépia FPSO tenders in Brazil.
News
September 23, 2015
It’s unlikely that oil prices will ever return to $100/bbl and Petroleo Brasileiro SA needs to work with suppliers to manage the price rout, an executive at the state-run oil producer said Tuesday.
News
September 22, 2015
Statoil, on behalf of the Peregrino license partners, has awarded a contract to Wood Group to provide four-year operations and maintenance for two wellhead platforms and modification services for both units and the FPSO Peregrino.
News
September 21, 2015
Petroleo Brasileiro SA has canceled five platform-supply vessels from two separate contractors as a rout in oil prices and rising borrowing costs force Brazil’s state-controlled producer to deepen spending cuts.
News
September 16, 2015
With the upstream oil and gas sector seeking new water treatment technologies as companies move into deeper waters, GE has announced that Petrobras has approved GE’s new seawater sulfate removal (SWSR) nanofiltration membrane for use in water injection applications regarding sulfate removal.
News
September 07, 2015
Halliburton’s two Brazilian facilities, Macaé and Rio de Janeiro, and nine of the company’s business lines located there have received the American Petroleum Institute (API) Specification Q2 Certification, an advanced industry certification standard for oil and natural gas service companies. They are the first in Latin America to receive the certification.
News
September 01, 2015
Polarcus has signed a contract with an undisclosed client for a non-exclusive broadband 3D marine seismic project offshore Brazil.
News
August 14, 2015
Prosafe has signed a contract with Petrobras Netherlands B.V. for the provision of the Safe Eurus semisubmersible vessel for safety and maintenance support offshore Brazil.
News
August 11, 2015
The two oil basins off Rio de Janeiro’s coast offer a glimpse into the tough choices Petroleo Brasileiro is making as it slashes $77 billion in investments.
News
August 07, 2015
Brazil’s embattled state oil company is deriving more gains from crude below $65 than at any point of the last price boom.
News
August 06, 2015
Hoover Container Solutions (Hoover), a provider of chemical tanks, cargo carrying units and related products and services, has announced the opening of its new service facility in Brazil.
News
August 04, 2015
After just four years in production, Peregrino field, in the Campos basin offshore Brazil, has passed a significant milestone, with 100 MMbbl of oil produced since April 2011.
News
August 03, 2015
BG Group has announced first oil from the Cidade de Itaguaí FPSO vessel, the sixth unit to start production across the group's significant discoveries in the Santos basin, offshore Brazil.
News
July 27, 2015
Royal Dutch Shell’s acquisition of BG Group has received unconditional merger clearance from the Brazilian competition authority (CADE), satisfying the first of the pre-conditions to the combination. Other pre-conditions include merger clearances in Australia, China and Europe.
News
July 17, 2015
Eight months into OPEC’s plan to hit rival oil producers, the casualties are mounting. Surprisingly, the most resilient may be the one that triggered the fight: the U.S.
News
July 10, 2015
There was a buzz at BRASA as it celebrated the arrival of FPSO Cidade de Marica. The SBM Offshore vessel berthed safely at the Niteroi-Rio based yard on Jul.9, 2015. She had arrived in Brazilian waters mid-June, following her 10,625 m voyage from China.
News
July 08, 2015
Royal Dutch Shell Plc obtained regulatory approval from Brazil to buy BG Group Plc, clearing another antitrust hurdle to completing the $70 billion acquisition.
News
July 08, 2015
In November 2011, BG’s Brasil’s well engineering team and Petrobras set out an ambitious target at a historic drilling performance workshop—to drill ultra-deepwater, pre-salt wells from spud to final depth in 30 days at a cost of less than $30 million.
