Brazil

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.
News
December 19, 2017
Total announces that it has taken the investment decision for the first large-scale development phase of the Libra project, located deep offshore, 180 km off the coast of Rio de Janeiro, in the pre-salt area of the Santos basin in Brazil.
News
December 15, 2017
Petrobras and ExxonMobil have signed a memorandum of understanding regarding a strategic alliance to jointly identify and evaluate potential business opportunities.
News
December 13, 2017
Gulf Quest LLC, a joint venture between Quest Offshore and Gulf Publishing Company, is pleased to announce the first edition of the Global Offshore Brazil Summit (GOBS), which will be held June 11-13, 2018 at the Sheraton Grand, Rio de Janeiro, Brazil.
News
December 01, 2017
Blackstone Group has teamed up with its Brazilian partner to compete for Petroleo Brasileiro SA’s natural gas pipeline network in the country’s northeast, said people with knowledge of the matter.
News
December 01, 2017
Petrobras, as the Operator and acting on behalf of the Libra Consortium, announces that today it submitted the declaration of commerciality to the Brazil’s National Petroleum, Natural Gas and Biofuels Agency (ANP) regarding the oil accumulation located in the northwestern portion of Libra block, in the Pre-salt of the Santos basin.
News
November 27, 2017
CNOOC Limited announced today Libra Block in Brazil has already started production.
News
November 17, 2017
Petrobras reports that its total oil and natural gas production in October was 2.77 MMboed, with 2.67 MMboed produced in Brazil and 104,000 boed produced abroad.
News
November 02, 2017
Petrobras announced that it has signed a Letter Of Intent (LOI) with BP to jointly identify and evaluate business opportunities involving assets or ventures in Brazil and abroad, which include cooperation on upstream, downstream, gas transportation and marketing, LNG, oil trading, lubricants, aviation fuel, power generation and distribution, renewables, technology and low carbon initiatives, with the purpose of developing a potential strategic alliance between the companies.
News
October 31, 2017
The International Energy Agency and Brazil jointly announced today that the country joined the IEA as an association country, opening new avenues for cooperation towards a more secure and sustainable energy future with Latin America's largest country.
News
October 30, 2017
A consortium comprising Qatar Petroleum, Shell, and China National Offshore Oil Corporation (CNOOC) was selected as the winning bidder for the Alto de Cabo Frio-Oeste block in the prolific Santos hydrocarbon basin offshore Brazil.
News
October 27, 2017
Royal Dutch Shell plc (Shell) and its partners won today three, 35-year production sharing contracts for pre-salt blocks located in the Santos basin, offshore Brazil.
News
October 27, 2017
Statoil Brasil Oleo e Gas Ltd., a subsidiary of Statoil ASA, ExxonMobil Exploracao Brasil Ltda., a subsidiary of ExxonMobil Corporation, and PETROGAL BRASIL, SA, a subsidiary of Galp, were the high bidders for a production sharing contract for the Carcará North Block in Brazil’s second pre-salt offshore licensing round held on Oct. 27.
News
October 26, 2017
Leaner and fitter after three years of low prices, oil majors are descending on Rio de Janeiro to join a deep-water bonanza that has already helped state-controlled Petrobras emerge from financial heartache.
News
October 20, 2017
Petrobras informs that on Oct. 13, 2017 it signed a contract with Modec Group to charter a FPSO platform to be used at the Sepia field development project, derived from the Transfer of Rights Agreement, located in the pre-salt of the Santos basin.
News
October 17, 2017
FairfieldNodal’s project to acquire and process high-resolution 3D marine seismic for the Libra consortium has left port for deeper waters to begin work.
News
October 10, 2017
4Subsea is awarded a Shell-funded contract to support COPPE, the centre for engineering research and education at the Federal University of Rio de Janeiro (UFRJ).
News
October 06, 2017
Petrobras informs that, as operator of the Libra consortium, it has been notified by the National Petroleum, Natural Gas and Biofuels Agency (ANP) of its decision on the consortium´s request for local content exemption for the items and subitems related to the platform subsystem of the Libra Pilot project.
News
October 04, 2017
Petrobras has announced the start of the non-binding phase regarding the assignment of all of its exploration, development and production rights in seven sets of shallow-water fields located in the States of Ceará, Rio Grande do Norte, Sergipe, Rio de Janeiro, and São Paulo.
News
October 04, 2017
Petrobras and Chevron Brasil Petróleo Ltda., have announced the start of the binding phase regarding the transfer of Petrobras and Chevron stake in the Maromba Field, in the Campos Basin.
News
October 02, 2017
Petrobras informs that it signed the Heads of Agreement (HoA) with the Norwegian company Statoil, in continuity to the Memorandum of Understanding signed in Aug. 30, 2016, through which the companies committed themselves to assessing cooperation opportunities aligned with their business strategies.
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