Petrobras News

Petrobras strikes more pay at Jupiter

Aug 13, 2014

Petrobras confirmed more hydrocarbon pay was found at the Jupiter prospect in the Santos basin pre-salt block BM-S-24 offshore Brazil. Map of Jupiter area. Image from Petrobras News Agency The…

Ativatec makes its mark in Brazil’s deepwater intervention sector

Aug 01, 2014

Daniel Camerini at Ativatec’s workshop at UFRJ’s Technology Center in Rio de Janeiro. Photo by Claudio Paschoa.  Claudio…

Odebrecht Oil & Gas names Simoes new CEO

Jul 22, 2014

Brazilian drilling contractor Odebrecht Oil & Gas (OOG) announced that Roberto Simões will take over as the company CEO. Simões has been VP at Odebrecht since 2012, replacing Roberto Ramos. Odebrecht SA incorporated Odebrecht Óleo e Gás in 2006…

Petrobras' Graça Foster to be honored

Jul 17, 2014

For the first time ever, a female Brazilian engineer will receive the highest global petroleum engineering award, presented by the Society of Petroleum Engineers (SPE), Petrobras announced on 17 July. Petrobras CEO Maria das Graças Silva…

SBM axes tenders with Petrobras

Jun 12, 2014

Dutch floating platform leaser SBM Offshore NV will not participate in the upcoming Petrobras Tartaruga Verde and Libra tenders, the company announced 12 June, adding that the decision resulted from conversations held between the two giants on 28 May…

Petrobras confirms Santos find

May 22, 2014

Petrobras announced today that it has confirmed the Sagitario well discovery (formally 1-SPS-98 / 1-BRSA-1063 -SPS) initially announced 25 February 2013 while in the drilling phase. Located in the ultra-deepwater presalt area of the Santos basin…

Petrobras' pre-salt production sets company record

Jan 31, 2014

Petrobras announced that its total oil and natural gas production in Brazil in December 2013, was 2.362MMboe/d, up 0.8% on the 2.342MMboe/d extracted in November. Oil production averaged 1.964MMbpd, up 0.4% on November's production of 1.957MMbpd…

Using RFID technology to improve offshore logistics

Jan 15, 2014

RFID is nothing new, but companies are adopting the technology in hopes of streamlining the way they do business offshore. By Audrey Leon Offshore logistical operations can be complicated. Companies need to keep tabs on all equipment…

Petrobras' November monthly output up 1.2%

Dec 31, 2013

In November, Petrobras announced its total oil and natural gas output in Brazil was 2,342,000 boe/d, up 1.2% from the 2,315,000 boe/d extracted a month earlier. Including the share operated by Petrobras for its partners, the rise in relation to October was 1…

PetroChina buying Peruvian assets from Petrobras

Nov 15, 2013

Beijing-based PetroChina Co. Ltd. announced that two of its subsidiaries will purchase the Peruvian assets of Petrobras for US$2.6billion (HK$20.16billion) according to a statement sent to the Hong Kong Stock Exchange (SEHK) on 13 November 2013…

OTC Brasil: Corporate marriages

Oct 31, 2013

A partnership between companies is a lot like a marriage: some are good, some are strained. That was the tenor of a Wednesday morning panel discussing perspectives on E&P in the South Atlantic that included operators Petrobras, Total, Shell…

Petrobras extends Subsea 7 PLSV contract

Oct 21, 2013

Subsea 7 has been awarded to new contracts for pipelay support vessels with Petrobras worth an estimated US$600 million. The contracts are for operation of the pipelay support vessels (PLSVs) Seven Mar and Seven Condor on a day rate basis for approximately three years…

Petrobras’ P-55 sets sail

Oct 07, 2013

Petroleo Brasileiro (Petrobras) completed its semisubmersible P-55 floating production, storage and offloading (FPSO) vessel nearly six years after it was contracted. It passed testing and certification in the Rio Grande dock (ERG-1). The…

Petrobras talks tech investments

Sep 19, 2013

Petrobras President Maria das Graças Silva Foster announced at public hearing in the Brazilian Senate that the company plans to invest R$4 billion in 2013 and R$21.2 billion between 2013-2017 in information technology and telecommunications…

Petrobras keeps offshore Colombia

Sep 16, 2013

The board of directors for Petrobras has approved the sale of 100% of the shares issued by Bogota-based Petrobras Colombia Ltd. (PEC) to Perenco for US$380 million, the company announced on 13 Sept 2013. Petrobras Colombia is selling…

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