Brazil
News
May 26, 2022
The FPSO Atlanta, contracted by Enauta to Yinson for conversion to service the Atlanta Field offshore Brazil, will be operated under ABS Class.
News
May 16, 2022
Expensive offshore exploration setbacks for international oil majors including Shell Plc and Exxon Mobil Corp. are throwing cold water on their plans to turn Brazil into a profit center.
News
May 02, 2022
The FPSO Guanabara has an installed capacity of 12 million cubic meters of natural gas and 180,000 bopd and initially has six producing wells and seven injector wells connected to the field.
News
May 02, 2022
ApexBrasil is partnering with numerous companies and organizations to highlight the country's burgeoning leadership in the sector at the Offshore Technology Conference (OTC) in Houston, Texas.
News
April 29, 2022
Shell Brasil Petróleo, a subsidiary of Shell plc, signed a Production Sharing Contract to acquire a 25% stake of the Atapu field. Shell paid $1.1 billion to Petrobras for the increased stake in the field.
News
April 18, 2022
Petro-Victory Energy Corp. secured 19 new oil and gas blocks in the company's core operating area, the Potiguar Basin onshore Brazil, the company announced.
News
March 28, 2022
Exxon Mobil Corp. drilled a so-called dry hole off the Brazilian coast, a rare setback in the oil titan’s effort to expand its South American crude reserves.
News
March 23, 2022
SBM Offshore announced that it has entered into a shareholder agreement with its long standing business partners Mitsubishi Corporation and Nippon Yusen Kabushiki Kaisha.
Article
December 2021
Latin America’s oil industry needs greater political stability to keep growing
Whitepaper
The Evolution Of Composite Riser Systems: A different approach to managing corrosion in the pre-salt
June 15, 2021
Magma
News
January 26, 2021
Tenaris and Subsea 7 have signed an agreement for the supply of pipes and coating services for Bacalhau project, operated by Equinor and located 115 miles off the coast of São Paulo in Brazil.
News
January 08, 2021
In a year that brought the U.S. shale industry to its knees, the Brazilian state-run giant pumped an all-time-high 2.3 million barrels a day of crude, according to a statement Thursday. That’s about the same as OPEC member Kuwait.
News
December 20, 2019
TGS announced the completion of a new multibeam and coring program covering over 213,0000 square kilometers in the Campos and Santos basins of offshore Brazil.
News
December 12, 2019
FPSO Sepetiba will be deployed at the Mero field in the Santos basin offshore Brazil, 180 kilometers offshore Rio de Janeiro. Delivery is expected in 2022.
News
December 05, 2019
While Brazil’s President Jair Bolsonaro recently welcomed an informal invitation to join OPEC, the boss of the country’s state-controlled energy company isn’t a fan of the idea and said it’s not a possibility right now.
News
November 26, 2019
The Itaoca Offshore project will be a private terminal (TUP), located in Itapemirim, in the Espírito Santo (ES) state in southeast Brazil, designed to provide logistical support to the supply chain for the exploration and production of offshore oil and gas.
News
November 15, 2019
Deepwater production has come online from the Brazilian pre-salt Santos basin. Shell Brasil and its consortium partners announced the start of oil and natural gas production at the P-68 FPSO, located in BM-S-11-A Concession in Berbigão, Sururu and West Atapu.
News
November 07, 2019
Petrobras CEO Roberto Castello Branco said the reason most major oil companies didn’t show up for Brazil’s massive auction was because of the astronomic price tag and regulatory uncertainties.
News
November 06, 2019
Brazil’s largest-ever auction of oil deposits flopped, sending the real tumbling, after state-controlled Petrobras did most of the bidding while other major oil companies stayed away.
News
November 05, 2019
The Brazilian Association of Petroleum Services Companies (ABESPetro) has elected new board and fiscal council members for its 2020/2021 session.
News
November 01, 2019
“Whether or not we participate, it would be wrapped up in how we would see that opportunity versus all the other investment options, because there are a lot of investment options out there right now,” said Stephen Greenlee, Exxon's president of exploration.
