Petrobras News

More Studies Needed for Petrobras’ Amazon Drilling Plans, Brazil Prosecutors Say

Dec 04, 2024

Brazilian prosecutors asked state-run oil firm Petrobras to do more studies before drilling off the coast of the Amazon rainforest, citing potential effects of extreme weather on tides, according to documents filed on Monday to environmental agency Ibama…

Petrobras Slashes Platform Decommissioning Budget

Dec 06, 2024

Brazil's state-run oil firm Petrobras PETR4.SA cut $1.1 billion in planned investments in decommissioning oil and gas platforms in its strategic plan for the 2025-2029 period, compared to what was earmarked in its 2024-2028 plan, the company told Reuters…

Petrobras, Ecopetrol Confirm Colombia’s Largest Ever Gas Discovery

Dec 05, 2024

Petrobras and its partner Ecopetrol have confirmed the largest gas discovery in the history of Colombia with the drilling of the Sirius-2 well in the Gujaira Basin, which has the potential to increase the country’s current reserves by 200%.The drilling of Sirius-2…

Petrobras Eyes Minority Stake Sale in Shallow Water Field Off Brazil

Nov 28, 2024

Brazilian oil and gas firm Petrobras has started the teaser stage for the transfer of its 25% minority stake in the Tartaruga field, located in the town of Pirambu-SE, in shallow waters of the Sergipe-Alagoas Basin, operated by SPE Tiêta (Petrorecôncavo)…

Petrobras Inks Three Pelotas Basin Concession Contracts

Oct 14, 2024

Brazil’s state-owned oil and gas company Petrobras has signed three remaining concession contracts, acquired in partnership with Shell and CNOOC, in Pelotas Basin offshore Brazil.The concessions were acquired as part of the fourth Permanent Concession Offer Cycle…

Petrobras Confirms Magnitude of Gas Discovery in Colombia

Oct 04, 2024

Brazil’s state-owned oil giant Petrobras has informed that the gas potential of the discoveries in the Gujaira Basin offshore Colombia is around 6 trillion cubic feet (Tcf).The gas discoveries in the Uchuva-1 and Uchuva-2 wells, renamed Sirius-1 and Sirius-2…

Petrobras and Staatsolie Strengthen Energy Collaboration

Sep 27, 2024

Brazil’s state-owned oil and gas company Petrobras and its Surinamese counterpart Staatsolie have signed a non-binding memorandum of understanding (MoU) to asses collaboration opportunities in various fields, including oil and gas.Petrobras…

Petrobras Boosts Oil and Gas Focus in New Strategic Plan

Sep 16, 2024

Petrobras' new multi-year strategic plan will have greater focus on upstream operations than the previous one, Chief Financial Officer Fernando Melgarejo said on Monday, as the Brazilian state-runfirm looks to rebuild oil and gas reserves.Melgarejo told Reuters that the 2025-2029 plan…

Constellation Secures $1B Deal with Petrobras for Two Ultra-Deepwater Drillships

Sep 24, 2024

Offshore drilling contractor Constellation has secured two new contracts with Petrobras, worth $1 billion, for the deployment of two ultra-deepwater drillships - Laguna Star, part of Constellation’s fleet, and Tidal Action, a newbuild rig, owned…

Seatrium Hires KBR on Topsides Job for FPSOs Bound for Petrobras Brazil Fields

Sep 06, 2024

U.S.-based engineering and construction giant KBR has been hired by Seatrium to develop topsides facilities for two floating production storage and offloading (FPSO) units, being designed for Petrobras’ Atapu and Sepia fields in the Santos Basin…

Petrobras Inks 26 Concession Contracts in Brazil’s Pelotas Basin

Sep 02, 2024

Petrobras has signed 26 concession contracts, acquired in partnership with Shell, for the blocks located in the Pelotas Basin, offshore Brazil.The concession contracts are part of the fourth Permanent Concession Offer Cycle of the public session held by the National Agency of Petroleum…

TGS and Petrobras Enter Tech and Research Partnership

Aug 27, 2024

Norwegian seismic company TGS announced it has entered into a partnership with Brazilian state-owned energy company Petrobras to collaborate on scientific research and technological development activities in Brazil.Under the memorandum of understanding (MOU)…

Petrobras Secures Key Licenses to Boost Offshore Oil Production

Aug 08, 2024

Brazil's state-run oil company Petrobras has obtained environmental licenses to expand production in two offshore fields, and could have one vessel start production earlier than expected in one field, three people with knowledge of the matter told Reuters…

Petrobras Puts Two Techdof’s PLSVs Back to Work

Aug 15, 2024

Petrobras has awarded contracts to Techdof, a joint venture between DOF Subsea and TechnipFMC, for two of its pipelay support vessel (PLSVs).Petrobras extended the existing contract for PLSV Skandi Açu to mid-2026. This extension will be followed by the new three-year contract ending mid-2029…

SLB OneSubsea to Supply Subsea Systems for Two Petrobras’ Ultra-Deepwater Fields

Aug 02, 2024

SLB OneSubsea, a joint venture between SLB, Aker Solutions, and Subsea7, has secured a major contract from Petrobras for the supply of subsea production systems and related services for two ultra-deepwater fields offshore Brazil.As part of the…

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