Petrobras News

SBM Offshore Upbeat on New FPSO Projects after Q1 Revenue Drop

10 hours ago

A string of new projects will help boost revenues at SBM Offshore, the oil and gas services company said on Wednesday, after reporting an expected 15% drop in the first quarter due to weakness at its turnkey business.The Dutch-based company's…

Petrobras Awards 4D Seismic Survey Contract to Shearwater

10 hours ago

Marine seismic surveyor Shearwater GeoServices has secured a 4D monitoring contract with Petrobras for towed streamer seismic acquisition in the Campos Basin offshore Brazil.These 3D and 4D programs will be conducted over 9-months by the SW Empress vessel…

Korea Shipbuilding & Offshore Engineering Confirms $764,5M FPSO Hull Order

May 11, 2021

Korea Shipbuilding & Offshore Engineering has through its subsidiary Hyundai Heavy Industries secured a ~$764,5 million order for the construction of an FPSO Hull.In a stock exchange filing on Tuesday, KSOE said it had secured a KRW 854,7 billion…

Petrobras Orders Seventh FPSO for Buzios Field

May 10, 2021

Brazilian oil company Petrobras has ordered an FPSO from Singapore's Keppel Shipyard, in what will be the seventh FPSO unit installed in the Búzios field, in the Santos Basin.The FPSO, to be named P-78, will have a processing capacity of 180 thousand barrels of oil per day and 7…

CGG Bags OBN Imaging Work with Equinor in Brazil

May 10, 2021

Equinor has awarded CGG a major contract for the seismic imaging of its Bacalhau 3D ocean bottom node (OBN) survey covering 409 sq km currently being acquired in Brazil’s deepwater Santos Basin.The project is already underway at CGG’s Rio de…

Report: Petrobras Restarts Bidding for Golfinho Offshore Oilfield Cluster

May 06, 2021

Brazilian state-run oil company Petrobras has reopened bidding for its Golfinho offshore oilfield cluster, two sources told Reuters this week, following a rise in crude prices over the last several months.Golfinho is one of dozens of legacy production assets that Petroleo Brasileiro SA…

Baker Hughes to Deliver Subsea Equipment for Petrobras' Campos Basin Fields

May 03, 2021

Oilfield services company Baker Hughes has won a subsea oilfield equipment contract with the Brazilian oil company Petrobras as part of the Marlim and Voador field revitalization plan in the Campos Basin, offshore Brazil. Baker Hughes will supply…

Brazil: Petrobras Invites Bids for Ninth Buzios Field FPSO

May 03, 2021

Brazilian oil company Petrobras on Friday started the bidding process for the acquisition of a new FPSO for the Búzios field, in the Santos Basin pre-salt area, offshore Brazil.Called P-80, the FPSO will be the ninth unit to operate in the field…

Petrobras Will Bid for Atapu and Sepia Oil Fields

Apr 29, 2021

Brazil's Petroleo Brasileiro SA will exercise its rights of first refusal and bid for the deepwater oil fields Sepia and Atapu, the company said in a filing.Petrobras, as the state-controlled producer is known, is aiming at a 30% stake in each field…

Petrobras Q1 Production Buoyed by Atapu

Apr 27, 2021

Brazil's Petrobras produced 2.196 million barrels of oil a day in the first quarter, the state-run company said on Tuesday, an increase from the fourth quarter, but a decline in yearly terms.Petroleo Brasileiro SA, as the company is formally known…

Equinor Contracts Seadrill Drillship West Saturn

Apr 27, 2021

Offshore drilling contractor Seadrill said it has secured a four-year firm contract with four one year options for the West Saturn drillship with Equinor Brasil Energia Ltda for work on the Bacalhau field in Brazil.Total value for the firm portion of the contract…

2020: A Year Like No Other with a Mixed Outlook for Subsea

Apr 22, 2021

On many levels, 2020 was a pretty horrific year, “a year like no other”, according to Mike Beveridge, managing director of energy investment firm Simmons Energy, a division of Piper Sandler. It’s easy to see why. A dip into a negative WTI contract prices…

Petrobras Orders Subsea Manifolds from TechnipFMC

Apr 22, 2021

Oilfield services firm TechnipFMC has this week secured 'a significant' subsea contract from Petrobras for the Marlim and Voador fields, located offshore Brazil. For TechnipFMC, a “significant” contract is between $75 million and $250 million…

Fugro Assisting Jumbo with Mero 1 Offshore Work in Brazil

Apr 21, 2021

Dutch offshore services provider Fugro has won a deal with offshore transportation and installation firm Jumbo Maritime to provide providing positioning and construction support services on the Mero 1 deepwater field development, offshore Brazil…

Karoon Charters Maersk Drilling's Offshore Rig for Well Intervention in Brazil

Apr 20, 2021

Danish offshore drilling contractor Maersk Drilling has won a contract with Karoon Energy Ltd for the semi-submersible rig Maersk Developer to perform well intervention on four wells at the Baúna field offshore Brazil.Karoon took over Bauna from Petrobras in November 2020…

Current News

PXGEO Strikes Seismic Vessel Deal with TGS

PXGEO Strikes Seismic Vessel Deal with TGS

Gallery: Petrojarl Banff FPSO Arrives in Denmark for Recycling

Gallery: Petrojarl Banff FPSO Arrives in Denmark for Recycling

Petrofac CFO to Resign

Petrofac CFO to Resign

Invenergy, BW LNG Secure Financing for FSRU Project in El Salvador

Invenergy, BW LNG Secure Financing for FSRU Project in El Salvador

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