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.
News
November 04, 2015
Brazil’s daily oil production has fallen by about 500,000 bbl as oil workers strike to protest austerity measures by state-controlled Petroleo Brasileiro SA that are resulting in job losses, the country’s main oil union said Tuesday.
News
October 29, 2015
Brazil will lead global growth in the Floating Production, Storage and Offloading vessel (FPSO) industry despite the country’s national oil company, Petrobras, recently facing allegations of corruption, research and consulting firm GlobalData said.
News
October 29, 2015
Sandvik has announced the opening of its South American hub in Rio de Janeiro to better meet the needs of clients, such as Petrobras and service companies.
News
October 28, 2015
Cutbacks by Brazil’s state oil company has one of its main suppliers exporting local talent to an unlikely location: Venezuela.
News
October 27, 2015
Technip was awarded a substantial (ranging from $110 to $276 million) contract from Libra Oil & Gas BV.
News
October 22, 2015
Production of oil and natural gas from facilities operated by Petrobras in the pre-salt layer exceeded 1 MMboed during September, with output averaging 1.028 MMboed, and reaching a record level of 1.12 MMboed on Sept. 15.
News
October 22, 2015
CGG announced Thursday that it has now received all necessary permits to start acquiring the industry’s first regional broadband seismic survey of the Barreirinhas basin in the Equatorial Margin of northern Brazil in early November.
News
October 15, 2015
The consortium responsible for the Libra oil field in the Santos basin pre-salt has completed the drilling of well 3-BRSA-1310-RJS, in the central area of the block.
News
October 07, 2015
Brazil’s first auction of oil and natural gas exploration rights in two years got off to a weak start with three of the first four basins offered receiving no bids.
News
October 06, 2015
Brazil will auction crude-exploration blocks on Wednesday for the first time since a colossal corruption scandal crippled the nation’s oil industry and forced state-run Petroleo Brasileiro SA to scale back investments.
News
September 28, 2015
SBM Offshore is pleased to announce that its main Brazilian subsidiary has received written notification from Petrobras of its ability to participate in the recently issued Libra and Sépia FPSO tenders in Brazil.
News
September 23, 2015
It’s unlikely that oil prices will ever return to $100/bbl and Petroleo Brasileiro SA needs to work with suppliers to manage the price rout, an executive at the state-run oil producer said Tuesday.
News
September 22, 2015
Statoil, on behalf of the Peregrino license partners, has awarded a contract to Wood Group to provide four-year operations and maintenance for two wellhead platforms and modification services for both units and the FPSO Peregrino.
News
September 21, 2015
Petroleo Brasileiro SA has canceled five platform-supply vessels from two separate contractors as a rout in oil prices and rising borrowing costs force Brazil’s state-controlled producer to deepen spending cuts.
News
September 16, 2015
With the upstream oil and gas sector seeking new water treatment technologies as companies move into deeper waters, GE has announced that Petrobras has approved GE’s new seawater sulfate removal (SWSR) nanofiltration membrane for use in water injection applications regarding sulfate removal.
News
September 07, 2015
Halliburton’s two Brazilian facilities, Macaé and Rio de Janeiro, and nine of the company’s business lines located there have received the American Petroleum Institute (API) Specification Q2 Certification, an advanced industry certification standard for oil and natural gas service companies. They are the first in Latin America to receive the certification.
News
September 01, 2015
Polarcus has signed a contract with an undisclosed client for a non-exclusive broadband 3D marine seismic project offshore Brazil.
News
August 14, 2015
Prosafe has signed a contract with Petrobras Netherlands B.V. for the provision of the Safe Eurus semisubmersible vessel for safety and maintenance support offshore Brazil.
News
August 11, 2015
The two oil basins off Rio de Janeiro’s coast offer a glimpse into the tough choices Petroleo Brasileiro is making as it slashes $77 billion in investments.


