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French oil major Total and Brazilian national Petrobras have finalized the US$1.95 billion transfer of interests in the pre-salt Santos…
Monday, 08 January 2018 13:14

OOS Tiradentes set for Petrobras contract

OOS International Group’s newest semisubmersible accommodation vessel, the OOS Tiradentes, will head to Brazil next month for a contract with…
Monday, 08 January 2018 05:32

Rowan picks up Petrobras jackups

Rig operator Rowan Companies has purchased two LeTourneau Super 116E jackup rigs, the P-59 and P-60, which were both delivered…
Wednesday, 03 January 2018 03:10

DOF wins Petrobras ROV awards

Brazil's Petrobras has awarded Norway-based DOF Subsea two new contracts for ROVs to be installed on the Skandi Angra and…
Thursday, 21 December 2017 12:04

Petrobras to maintain E&P spend in 2018

Petrobras has released its new 2018-2022 business plan, in which the Brazilian giant has promised to maintain about the same…
Monday, 18 December 2017 04:51

Libra outfit signs FPSO for Mero field

The Libra consortium, led by Petrobras, has chosen Modec to charter a floating production storage and offloading unit (FPSO), the…
Monday, 18 December 2017 03:33

Siem Helix 2 starts work offshore Brazil

Helix Energy Solutions' Siem Helix 2 newbuild light well intervention vessel has completed the vessel acceptance tests and is now…
Monday, 18 December 2017 03:05

Statoil adds Roncador stake off Brazil

Norway's Statoil is set to triple its production in Brazil after agreeing to acquire a 25% stake in the Roncador…
Thursday, 14 December 2017 00:00

Exxon, Petrobras form alliance

Petrobras and ExxonMobil have signed a memorandum of understanding regarding a strategic alliance to jointly identify and evaluate potential business…
Petrobras has declared commerciality at the Libra Northwest field, formally renaming it Mero, following a vote amongst its workforce, the…
Monday, 27 November 2017 04:17

Libra achieves first oil

Petrobras and its partners have achieved first oil from the mega pre-salt development Libra, the operator announced today (27 November).…
An injunction stopping Petrobras selling 22.5% of its stake in the Iara area and transfering 35% stake in the Lapa…
Tuesday, 31 October 2017 10:08

Petrobras, BP to form strategic alliance

Petrobras and BP have signed a letter of intent (LOI) to jointly identify and evaluate business opportunities involving assets or…
Friday, 27 October 2017 15:18

Shell, Petrobras lead pre-salt auctions

Brazil held its 2nd and 3rd production sharing rounds concerning pre-salt areas today (27 October) where Shell and Petrobras were…
Reduced spending for oil and gas exploration is limiting availability of quality deepwater assets for merger and acquisition (M&A) deals,…
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2018-08-21 11:12:43pm