Brazil
News
May 16, 2015
Petroleo Brasileiro SA, the state-run oil producer battered by months of bad publicity from a corruption probe and asset writeoffs, reported some surprising good news.
News
May 13, 2015
Petrobras has announced that on April 11, 2015, oil production in the fields it operates in the pre-salt province of the Santos and Campos basins reached the milestone of 800,000 bopd, constituting a new daily production record.
News
May 12, 2015
By 2025, mega-projects offshore Brazil and Norway will add some 3.8 MMbopd of new crude supply from the Atlantic basin, according to Wood Mackenzie's latest outlook.
News
May 12, 2015
Brazil is preparing to ease limits on foreign-built oil equipment to reduce development bottlenecks that are being exacerbated by a graft case involving local suppliers
News
May 11, 2015
Wood Group Kenny (WGK) has secured a five-year contract with Oil Spill Response (Capping) Ltd. (OSRCL) to provide the maintenance support for a key part of a containment toolkit that would be used to control hydrocarbon release in the event of a subsea well control incident.
News
April 30, 2015
RIO DE JANEIRO (Bloomberg) -- If guiding the biggest iron-ore miner through the worst price rout in a decade wasn’t enough, Murilo Ferreira is taking on a new job: chairman of Petroleo Brasileiro SA.
News
April 30, 2015
Petrobras has finished drilling well 3-BRSA-1296-SES, in concession BM-SEAL-10, Block SEAL-M-499, in the ultra-deep waters of the Sergipe basin.
News
April 24, 2015
Spectrum has entered into a cooperation agreement with Schlumberger to acquire 50% ownership in Spectrum's Pelotas multiclient program.
News
April 23, 2015
Brazil’s national oil company said a graft scandal cost it 6.2 billion reais ($2.1 billion) following a five-month internal debate that shut off access to bond markets, cost the chief executive her job and destabilized the country’s politics.
News
December 29, 2014
RIO DE JANEIRO -- Petrobras has received authorization from Brazil’s ANP to initiate the early production system of well 2-ANP-1RJS, located in Búzios field (formerly known as the Franco area), in the Santos basin pre-salt.
