Brazilian national oil company Petrobras has struck a deal with 3R Offshore to sell it its interests in the producing Papa-Terra, located in the Campos Basin, offshore Brazil, for up to $105.6 million in total.3R Offshore, a company with a strategy to revitalize mature offshore fields…
Petrobras' Albacora oilfields in Brazil are likely to attract at least three buyers despite a roughly one-month delay to let interested parties finalize their bids, four sources with knowledge of the matter told Reuters.Petroleo Brasileiro SA…
Brazilian oil company Petrobras said Friday it had received the third and final installment from TechnipFMC-affiliated companies as part of a leniency agreement struck in 2019 to resolve anti-corruption investigations in Brazil.Petrobras said…
Norway's BW Energy Ltd and Brazil's DBO Energy have submitted binding offers for Petrobras' Golfinho offshore oilfields, two sources with knowledge of the matter told Reuters.Petroleo Brasileiro SA, as Brazil's state-run oil company is formally known…
Brazilian oil firm Petrobras has struck a deal with compatriot company Petro+ to sell it its stake in a set of seven onshore and shallow water concessions denominated Alagoas Cluster, located in the state of Alagoas, Brazil for $300 million…
Brazilian state-run oil firm Petroleo Brasileiro SA said on Friday that its Chinese partners in the Buzios pre-salt oil field will have to pay it $2.94 billion for its prior investment in exploration under the TOR rights to surplus oil found there…
Norway's Aker Solutions has signed 'a large' framework agreement with Petrobras to provide subsea lifecycle services for Petrobras-operated oil and gas fields offshore Brazil. The agreement has a fixed period of three years and includes an option to extend the contract for two additional years…
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 over the Marlim…
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…
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…
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…
Brazilian national oil and gas company Petrobras has suspended Japanese FPSO specialist MODEC from bidding for new floating production storage and offloading vessel projects. A day after the announcement the Japanese firm named a new CEO but…
The board of Petrobras has elected four career executives to head up key company divisions rather than bringing in more outsiders, Brazil's state-controlled oil company said on Friday, confirming news previously reported by Reuters.The board of directors of Petroleo Brasileiro SA…
Brazil's national oil company Petrobras has agreed to take over BP's entire stakes in six ultra-deepwater blocks, located offshore northern Brazil.The blocks are situated some 120 km from the state of Amapá, in what Petrobras said was a high…
Singapore's Keppel Corporation has confirmed it has been in talks with the Brazilian oil company Petrobras to built an FPSO vessel for the Buzios field offshore Brazil.In a statement on Friday, responding to an article by Upstream Daily News…
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