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NEWS | Prosafe eyes another contract in Brazil

Offshore accommodation provider Prosafe has submitted the most competitive offer in a bidding process for a 650-day firm period contract by Petrobras in Brazil.

NEWS | ONGC Videsh to invest $1 billion in offshore block held by Petrobras

ONGC Videsh Ltd (OVL) will invest $1 billion in a Brazilian offshore hydrocarbon block and will raise its stake. Currently, Brazil's Petroleo Brasileiro SA (Petrobras) owns a 75 per cent stake in the (...)

NEWS | Oceaneering Wins ROV Service Contract Offshore Brazil

Oceaneering International announces that its Subsea Robotics segment has been awarded a multi-year service contract supporting Petrobras projects off the coast of Brazil.

NEWS | Petrobras to divest 40% stake in two concessions in Potiguar basin

Brazilian oil giant Petrobras has launched the sale process for its 40% stake in two exploration oil concessions in the Potiguar basin’s deep waters in the Equatorial Margin, off the coast of Rio Gran (...)

NEWS | Saipem strikes deal with Norwegian player for sale of Cidade de Vitoria FPSO

Italy’s Saipem has signed a deal with Norwegian operator BW Energy to sell the floating production storage and offloading (FPSO) vessel Cidade de Vitoria, which is currently working for Petrobras at t (...)

NEWS | Subsea 7 awarded contract offshore Brazil

Subsea 7 S.A. today announced the award of a major1 contract by Petrobras for the development of the Búzios 8 field located approximately 180 kilometres off the coast of Rio de Janeiro at 2,000 metres (...)

NEWS | Petrobras and Equinor start production on IOR project at Roncador, Brazil

Petrobras, the operator, and Equinor successfully started production from the first two wells of the increased oil recovery (IOR) project at Roncador.

NEWS | Petrobras collects about $2 bln from Shell and TotalEnergies for stakes in Brazilian field

Oil majors Shell and TotalEnergies have paid $1.1 billion and about $947 million, respectively, for an increased stake in the Petrobras-operated Atapu field located offshore Brazil.

NEWS | Petrobras (PBR) CEO Removed Amid Rising Fuel Prices in Brazil

The Brazilian government-owned oil major, Petrobras PBR, will now see its third chief executive officer since early 2021 after current CEO, Joaquim Silva e Luna, was ousted as a consequence of increas (...)

NEWS | Petrobras hits oil in wildcat well off Brazil

Brazilian state-owned giant Petrobras has made an oil discovery in a wildcat well – located in the pre-salt Campos Basin offshore Brazil – and plans to resume the drilling operations until the final d (...)

NEWS | Oil and gas companies, Ocyan and Petrobras sign a contract worth R$ 900 million

Ocyan, formerly Odebrecht Óleo e Gás, will provide services to Petrobras for the subsea dismantling of platform-ship infrastructure

NEWS | Siem Offshore fails to recover $5m Petrobras penalty after late newbuild delivery

Norway’s Siem Offshore has failed in a bid to claw back a $5m penalty for the late delivery of a newbuilding in Brazil.

NEWS | Petrobras FPSO Arrives At Mero Field

The FPSO Guanabara has arrived at the Mero field, located in the Libra Block in the Brazilian offshore pre-salt Santos Basin, oil and gas giant Petrobras said.

NEWS | Petrobras and Yinson firm up FPSO deal worth over $5 billion

Following a letter of intent last November, Brazil’s Petrobras and Malaysia’s Yinson have signed the contracts for the chartering and provision of FPSO services for the Parque das Baleias Integrated P (...)

NEWS | Petrobras books three Constellation rigs

Brazil’s Constellation Oil Services has been awarded new contracts for three of its rigs by Petrobras in Brazil.

NEWS | Fugro’s QuickVision® technology to support safe subsea operations in Brazil’s Mero 2 project

Maersk Supply Service has awarded Fugro a subsea survey and positioning contract to support installation of an anchoring system for the floating production storage and offloading (FPSO) vessel Sepetib (...)

NEWS | Petrobras to sell 11 onshore concessions in Brazil to Carmo Energy for $1.1bn

Brazilian state-run company Petrobras has signed a deal with Carmo Energy to sell its stakes in 11 producing fields located in Polo Carmópolis area for $1.1bn.

NEWS | Petrobras planning two FPSOs for deepwater Sergipe oilfields

Petrobras has submitted declarations of commerciality to Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) for seven deepwater oilfields off the Sergipe coast.

NEWS | Seadrill seals new drillship contract with Petrobras

Offshore driller Seadrill has secured a contract with Petrobras for work in the Búzios field offshore Brazil for the 2014-built drillship West Jupiter.

NEWS | Petrobras restarts production from Brazilian gas field following pipeline repairs

After the repairs were carried out on the export pipeline’s subsea valve, the Brazilian oil and gas giant Petrobras has resumed gas production from the Manati field, located offshore Brazil.

NEWS | Petrobras Hires Seadrill Rig Tandem For Buzios Field Work

Offshore drilling contractor Seadrill Limited has secured contracts for two of its rigs with Brazilian oil major Petrobras which are set to work on the Búzios field offshore Brazil.

NEWS | SBM Offshore And Petrobras Sign Deal For Mero FPSO

FPSO operator SBM Offshore has signed contracts with Petrobras for the 22.5 years lease and operation of FPSO Alexandre de Gusmão for work offshore Brazil.

NEWS | TechnipFMC seals framework deals with Petrobras

UK-headquartered subsea giant TechnipFMC has been awarded three frame agreements by Petrobras worth between $500m and $1bn for flexible pipes in Brazil.

NEWS | Aker Solutions to provide subsea production system for Mero 4 Project in Brazil

Aker Solutions has been awarded a substantial contract by Petrobras to provide a subsea production system and related services for the Mero 4 project offshore Brazil.

NEWS | Saipem awarded SURF contract for Búzios 7 project

Saipem has been awarded a new SURF EPCI contract by Petrobras for the installation of a rigid riser-based subsea system for the Búzios 7 project, to serve the pre-salt field located about 200 km offsh (...)
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