Brazil

News
June 07, 2018
Equinor, ExxonMobil and Petrogal Brasil presented the winning bid (75.49% profit oil) for the Uirapuru production sharing contract in the Santos basin. Petrobras exercised its right to enter the consortium and will be the operator with 30% equity.
News
June 06, 2018
ExxonMobil said it has completed the purchase of half of Equinor’s interest in the BM-S-8 Block, offshore Brazil, which contains part of the 2-Bbbl, pre-salt Carcara oil field.
News
June 03, 2018
Ivan Monteiro has been named to head Brazilian state-controlled oil company Petrobras on an interim basis, replacing CEO Pedro Parente who resigned Friday.
News
May 31, 2018
Presently, ultra-deepwater Brazilian pre-salt prevails by delivering high productivity performance assurance to the industry expectations and to the government advantage, according to GlobalData, a leading data and analytics company.
News
May 16, 2018
BW Offshore has contracted liquid handling and pump specialist PG Flow Solutions to supply water booster pumps to the FPSO operator’s life extension project for the Polvo FPSO.
News
April 27, 2018
Working for multi-client geoscience data company, TGS, Fugro continues the hunt for hydrocarbon seeps, this time offshore Brazil.
News
April 24, 2018
Petrobras has started production of Búzios field, in the pre-salt of the Santos basin, by means of platform P-74.
News
April 17, 2018
Petrobras liquids production is expected to grow to 2.7 MMbpd by 2021 with Roncador field representing 8.3% of all production in 2021.
News
April 13, 2018
BP has announced that it has signed a memorandum of understanding to explore areas of cooperation with Petróleo Brasileiro S.A. (Petrobras).
News
April 08, 2018
Vallourec has announced that it has signed new contracts for the supply of products and services to the Brazilian national oil company Petrobras.
News
April 03, 2018
TGS announces the Brazil Southern basins SeaSeep Project in the Campos and Santos Basins, offshore Brazil. The project will cover existing TGS surveys in these hydrocarbon rich basins as well as the highly prospective pre-salt trend where many untested structures exist.
News
April 03, 2018
Wintershall is continuing its growth course and has now been awarded exploration licenses in Brazil. In its 15th bidding round, Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) has awarded interests in seven licenses to Germany's largest internationally active oil and gas producer
News
April 02, 2018
ExxonMobil has increased its holdings in Brazil’s pre-salt basins after winning eight additional exploration blocks during Brazil’s 15th bid round.
News
March 30, 2018
Shell Brasil Petroleo, a subsidiary of Royal Dutch Shell plc (Shell), today won four additional deep-water exploration blocks in the Campos and Potiguar basins, bringing its total operated presence offshore Brazil to 18 blocks.
News
March 29, 2018
Statoil and partners were the high bidders for four blocks in the Campos basin in Brazil’s 15th licensing round held on March 29. With the new licenses, Statoil strengthens its position in Brazil and increases synergies with current projects.
News
March 27, 2018
As the global natural gas trade expands amid a boom in supplies from the U.S. to Australia, at least one major energy consumer may be sitting on the sidelines: Brazil.
News
March 12, 2018
Petrobras has announced that it has started the opportunity disclosure stage regarding the transfer of Petrobras’ total stake in the Piranema and Piranema Sul fields.
News
March 05, 2018
Oil production growth from the United States, Brazil, Canada and Norway can keep the world well supplied, more than meeting global oil demand growth through 2020, but more investment will be needed to boost output after that, according to the International Energy Agency's latest annual report on oil markets.
News
February 28, 2018
Petrobras, further to the Material Fact disclosed on July 28, 2017, and press release disclosed on Oct. 4, 2017, informs the start of the binding phase regarding the assignment of all of its exploration, development and production rights in Enchova and Pampo clusters, located in Rio de Janeiro state.
News
February 08, 2018
Aker Solutions won a contract to provide maintenance and modifications services for three platforms at Petrobras-operated oil and gas fields offshore Brazil, expanding its business in a key international market.
News
December 28, 2017
Petrobras may be making progress in its plan to reduce debt, but a former shareholder in the state-controlled energy giant isn’t ready to jump back in quite yet.
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