Brazil
News
March 30, 2016
Archer Limited announced a two-year extension of its contract for platform drilling services, as Statoil exercises the first option following the original four-year contract, with two additional two-year extension options remaining.
News
March 30, 2016
Chariot Oil & Gas Limited, the Atlantic margins-focused oil and gas exploration company, announced that it has completed the 3D seismic acquisition survey covering its 100% operated BAR-M-292, BAR-M-293, BAR-M-313 and BAR-M-314 licences in the Barreirinhas basin, offshore Brazil.
News
March 22, 2016
Petroleo Brasileiro SA, the oil producer at the center of Brazil’s largest corruption scandal, reported a record loss that surprised analysts and sent shares lower.
News
March 14, 2016
Shell has announced the start of oil production from the third phase of the deepwater Parque das Conchas (BC-10) development in Brazil's Campos basin.
News
March 10, 2016
Chariot Oil & Gas Ltd. has commenced a 3D seismic acquisition survey of approximately 785 km2 covering its wholly operated BAR-M-292, BAR-M-293, BAR-M-313 and BAR-M-314 licenses in the Barreirinhas basin, offshore Brazil.
News
February 29, 2016
Vallourec has announced major strategic initiatives aimed at transforming its operational set-up, improving its competitiveness and reinforcing its financial strength, in an effort to secure long-term profitable growth and sustained shareholder value creation.
News
February 26, 2016
Fugro has been awarded an inspection, repair and maintenance (IRM) contract by Petrobras in Brazil.
News
February 25, 2016
Aqualis Offshore has been contracted by Cantex Global Logistics to provide the marine warranty surveyor (MWS) services for FPSO P67 & P70 topside modules transportation from various Brazilian ports to COOEC’s yard in Qingdao, China.
News
February 25, 2016
It’s official. The natural gas flowing out of America’s shale formations is now available to the world.
News
February 18, 2016
Petrobras has concluded the drilling of well 3-BRSA-1305A-RJS (3-RJS-739A), in the Libra Block northwest area, in the pre-salt of the Santos basin, confirming the discovery of good quality oil in reservoirs with excellent productivity.
News
February 16, 2016
Petro Rio said Tuesday that Royal Dutch Shell has cancelled an agreement to sell an 80% stake in Bijupirá and Salema fields to the company.
News
February 16, 2016
Petrobras has begun operating the Cidade de Maricá FPSO in Lula field in the pre-salt layer of the Santos basin.
News
February 15, 2016
Royal Dutch Shell Plc. has made Brazil one of its top three countries after completing a merger with BG Group Plc, and sees the South American nation’s deepwater fields remaining competitive for years to come.
News
January 29, 2016
Oil and gas fields already paid for and in production can sustain Brazilian state-run company Petroleo Brasileiro SA for two to three years of low prices, a board member for the firm told reporters on Friday.
News
January 22, 2016
Keppel Corp.’s uncertainties about the oil-rig market are set to continue after a key customer in Brazil that has fallen more than a year behind on its bills postponed a meeting on restructuring.
News
January 07, 2016
Wood Group has been awarded a new contract by PetroRio to deliver services to the Polvo A platform, in the southern Campos basin, approximately 100 km off the coast of Rio de Janeiro.
News
December 23, 2015
Marred by corruption and market turmoil, Petrobras, the operator of key pre-salt projects for Brazil’s oil production over the next five years, is one of many Brazilian oil and gas companies facing a difficult financial future in the short term, according to GlobalData.
News
December 23, 2015
Petrobras has concluded two formation tests in the 3-SPS-105 well, confirming the high productivity of the pre-salt carbonate reservoirs.
News
December 11, 2015
The head of Brazil’s troubled oil giant is carving a path through the worst oil rout in a generation that would look familiar to producers throughout the U.S. shale patch: focus on the core.
News
November 06, 2015
Fugro has taken delivery of the new ROV support vessel (RSV) Fugro Aquarius, the most advanced vessel of her type built in Brazil.
News
November 06, 2015
Petrobras has managed to reduce the impact of the strike on its operations by implementing its contingency plan, the Rio De Janeiro-based company announced Thursday night.
