Federal prosecutors in Brazil filed a civil lawsuit against Danish shipping company Maersk and former executives representing the firm for alleged corruption involving shipping contracts with state-run oil firm Petrobras, they said on Friday.The lawsuit requests that a judge freeze almost 1 billion reais ($198 million) in assets in order to make sure funds are available to pay for damages resulting from the alleged scheme…
Brazilian oil company PetroRio has received regulatory approval to acquire a 30% stake in the Frade oil field in the Campos Basin offshore Brazil from Petrobras.The company expects that the procedures for the assignment of 30% interest to PetroRio will be completed in the upcoming days…
Brazil's state-run oil company Petrolero Brasileiro SA produced a record 2.28 million barrels of oil per day on average in 2020, according to a securities filing on Thursday.The combined oil and natural gas output of Petrobras, as the company is known…
Brazil's state-controlled oil company Petroleo Brasileiro SA cut its five-year investment plan by 27% from a year ago to $55 billion to preserve cash, as the coronavirus pandemic drove down global oil demand and prices.In a filing on Thursday…
Seismic contractor Shearwater GeoServices has been awarded a large Ocean Bottom Node 4D Baseline survey in Brazil with the Brazilian national oil company Petrobras.The deepwater OBN survey will be carried out at the Jubarte Field in the Campos Basin…
ARMS Reliability said it has reached an agreement with floating production solutions provider MODEC to assist with optimization and rapid strategy development of asset maintenance management philosophy for MODEC’s newest floating production…
Norwegian energy industry services provider Aker Solutions has won a framework agreement with Equinor to provide maintenance and modifications services at the Peregrino field, offshore Brazil. The contract has a fixed period of four years and includes an option for a two-year extension…
British oil major BP has agreed to sell its stake in two pre-salt offshore blocks in Brazil's Campos Basin to the Brazilian oil company PetroRio.Petro Rio said Thursday that it would acquire 35.7% interest in the BM-C-30 Block containing the Wahoo discovery…
Offshore drilling contractor Transocean has secured contract extensions for two of its 2011-built drillships with Brazil's national oil company Petrobras.Transocean said Wednesday that Petrobras had exercised a 680-day option for the Deepwater Corcovado drillship…
Brazilian oil and gas company Petrobras has launched an opportunity disclosure stage (teaser) for the sale of 50% of its stakes in the offshore oil fields - known as the Marlim Cluster - in the Campos Basin, offshore Brazil.Petrobras is looking to sell stakes in the deepwater concessions of Marlim…
Chinese shipbuilder Cosco Dalian has completed the construction of the Carioca MV30 FPSO for Japan's Modec.The 332 meters long Carioca FPSO - converted from Flandre VLCC - will be deployed at the Sépia field operated by Petrobras, located in…
Australian oil and gas firm Karoon Energy has this week completed the acquisition of a 100% operating interest in the BM-S-40 offshore concession in Brazil from Petrobras.The offshore block in the Santos Basin contains the producing Baúna oil field and undeveloped Patola discovery…
Norwegian oil firm Equinor has awarded the three largest oilfield services firms, Baker Hughes, Halliburton, and Schlumberger, contracts for drilling and well services on its Bacalhau field in Brazil.The total value of the three contracts is estimated at $455 million…
Ocean bottom seismic company Seabed Geosolutions said Monday it had secured a contract for a baseline 4D ocean bottom node (OBN) survey as well as a future 4D monitor OBN survey in Brazil for Petrobras, both covering the Sapinhoa Shared Reservoir in the Santos Basin…
Offshore accommodation specialist Prosafe has won a contract extension with Brazil's Petrobras for the provision of the Safe Notos semi-submersible vessel for safety and maintenance support offshore Brazil. The original three years and 222-day firm period were due to complete in July 2020…
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