Petrobras News

Production Sharing Contracts Signed for Sepia, Atapu Offshore Oil Fields in Brazil

Apr 28, 2022

Brazilian oil and gas company Petrobras has signed production sharing contracts with its partners for the Atapu and Sépia oil fields, offshore Brazil.For Atapu, the PSCs were signed with Shell (25%) and Total Energies (22,5%). For Sépia, PSCs were signed with TotalEnergies (28%)…

Petrobras Shareholders Elect CEO-in-waiting to Board after Weeks of Turmoil

Apr 14, 2022

©Agência Petrobras - Flávio EmanuelShareholders in Brazil's Petrobras have elected José Mauro Coelho to the firm's board, according to a source with direct knowledge of the matter, paving the way for the government technocrat to take the helm of the state-run oil company…

Sweden's Maha Energy Eyes Petrobras' Stake in Tartaruga Field Offshore Brazil

Apr 13, 2022

Stockholm-based Maha Energy AB remains interested in purchasing Petrobras' stake in the Tartaruga oil field in northeastern Brazil after the company's first attempt at buying the asset was unsuccessful, Victoria Berg, the company's investor relations officer…

One-year Term: Petrobras Elects New CEO

Apr 14, 2022

Brazilian state-run oil company Petrobras on Thursday formally elected Jose Mauro Coelho as its chief executive for a one-year term, ending weeks of turmoil in which the government struggled to fill the top position.Coelho, a government technocrat…

Petrobras Puts Its Tartaruga Field Stake Up For Sale Again

Apr 11, 2022

Brazilian oil company Petrobras has restarted the sale process of its stake in the Tartaruga field, located in shallow waters of the Sergipe-Alagoas Basin, State of Sergipe, Brazil.The oil firm had in August 2020 launched the binding phase for the sale of its entire stake in the Tartaruga field…

Pires Turns Down Petrobras CEO Job

Apr 05, 2022

Energy consultant Adriano Pires has backed out of the Brazilian government's nomination for him to take the helm at Petrobras, the country's Mines and Energy Ministry said on Monday, in the latest blow to succession plans at the state-run oil company…

Reuters: Brazilian Economic Official Strong Candidate for Petrobras CEO Position

Apr 06, 2022

Brazilian Economy Ministry official Caio Mario Paes de Andrade has emerged as a strong candidate to lead state-run oil company Petrobras, after energy consultant Adriano Pires declined the government's nomination, a government official told Reuters on Tuesday…

Report: PetroRio Close to Buying Petrobras Albacora Leste Offshore Field

Apr 01, 2022

Brazilian oil company PetroRio SA is close to agreeing on terms to purchase the Albacora Leste field from state-run oil company Petrobras, two sources with knowledge of the matter told Reuters, though talks around the neighboring Albacora field are proving more complex…

Brazil: Bolsonaro Ousts Second Straight Petrobras CEO. Taps Energy Consultant as Successor

Mar 31, 2022

Brazilian President Jair Bolsonaro has tapped a well-known academic and energy consultant as the next head of state-run oil company Petrobras, effectively ending the tenure of current CEO Joaquim Silva e Luna less than a year after he was appointed…

Petrobras Loses $400M Court Case Against Former Offshore Rig Supplier Paragon

Mar 31, 2022

Brazilian oil company Petrobras has lost a $400 million case against Paragon Offshore Nederland, a former supplier of offshore drilling rigs for oil and gas exploration.Petrobras said Thursday that the Court of Justice of Rio de Janeiro decided…

Brazil: High-ranking Technocrat Tapped for Petrobras CEO Job

Apr 07, 2022

Brazil's government on Wednesday tapped Jose Mauro Coelho, a high-ranking technocrat with expertise in the nation's oil and gas sector, as the next chief executive of state-run oil company Petrobras.The appointment comes amid a hectic several days for Petroleo Brasileiro SA…

Brazil Gov't Appoints Rodolfo Landim to Chair Petrobras Board

Mar 07, 2022

Brazil's government has appointed former Petrobras executive Rodolfo Landim to chair the state-controlled oil producer's board, the company said in a filing on Saturday night.Earlier in the day, Admiral Eduardo Bacellar Leal Ferreira told Reuters…

Petrobras: Marlim Oil Field Cluster No Longer for Sale

Apr 05, 2022

Brazil state-run oil company Petrobras said on Monday its executive management had approved the closing of the competitive process for a 50% stake in Marlim oil field, confirming that the cluster is no longer for sale.'Considering the alignment…

AET's Petrobras-bound Newbuild Shuttle Tanker Named in South Korea

Mar 25, 2022

Tanker operator AET named its new shuttle tanker Eagle Colatina earlier this week in South Korea.The vessel is the first of three purpose-built Suezmax dynamic positioning (DP2) shuttle tankers for a long-term charter to the Brazilian oil company…

Siem Offshore Loses Late Vessel Delivery Court Case Against Petrobras

Mar 14, 2022

Norwegian offshore support vessel owner Siem Offshore said Monday a Brazilian court had ruled in favor of Petrobras in a case related to a late vessel delivery in 2015.'Siem Offshore do Brasil has been notified of the final unfavorable decision…

Current News

Gastech 2026 to convene global energy leaders in Bangkok as Asia accelerates demand, LNG investment and system transformation

Norway Offshore Workers, Employers Avert Strike By Entering Mediation

Norway Offshore Workers, Emplo

ADNOC’s XRG Expands Stake in Rio Grande LNG Project in Texas

ADNOC’s XRG Expands Stake in R

Vattenfall Installs First Monopile on Germany's Largest Offshore Wind Farm

Vattenfall Installs First Mono

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine