Petrobras News

GA Drilling Teams Up with Petrobras for Next-Gen Downhole Drilling Systems

Jul 25, 2024

Slovakia-based drilling specialist GA Drilling has entered into a technical cooperation program with Brazil’s state-owned oil and gas giant Petrobras to deliver more efficient deep drilling system.In cooperation with Cenpes, Petrobras’ research…

CIMC to Supply Hulls for Two FPSOs Being Built by Seatrium for Petrobras

Jul 11, 2024

CIMC Raffles, a subsidiary of CIMC Group, has secured engineering, procurement, and construction (EPC) contracts from Seatrium for the supply of the hulls for two floating production storage and offloading (FPSO) units being built for Brazil’s national oil and gas company Petrobras…

DOF Group Wins Multiple Deals with Petrobras in Brazil

Jul 19, 2024

Norwegian offshore supply vessel company DOF Group has secured multiple contracts with Petrobras for work offshore Brazil.AHTS Skandi Jupiter and AHTS Skandi Mercury, both under management contracts with DOF, have been contracted by Petrobras…

FPSO Newbuild for Petrobras’ Búzios Field Taking Shape in China

Jul 12, 2024

China’s state-owned ZPMC Qidong Marine Engineering has launched the bow section of the P-82 floating production storage and offloading (FPSO) unit, being built by Seatrium for Petrobras’ Búzios field offshore Brazil.The bow section of the N1151 (P-82) FPSO…

Brazil Agency Nears Decision on Offshore Equatorial Margin

Jun 19, 2024

The head of Brazil's environmental agency said on Wednesday that he expects a decision soon on state-owned oil company Petrobras' request to conduct exploratory studies in a region known as the Equatorial Margin, as both the company and the government push for a drilling license…

Oil and Gas Majors Start Next Phase of Pioneering OD OBN Project

Jun 18, 2024

The next phase of the On Demand Ocean Bottom Node (OD OBN) project, involving Sonardyne, Shell, Petrobras and SENAI CIMATEC, has started offshore Brazil, which could result in the development of next generation of geophysical monitoring systems in the offshore oil and gas industry…

Solstad Offshore Scoops $240M in Contracts with Petrobras

Jun 12, 2024

Norwegian offshore vessel owner Solstad Offshore has secured multiple contracts with Petrobras, whose combined value is approximately $240 million (NOK 2.6 billion).The contracts are scheduled to start in the second half of 2024 and first half of 2025…

Petrobras and Shearwater Join Forces for Seismic Tech R&D

Jun 11, 2024

Brazilian state-owned energy company Petrobras and seismic acquisition company Shearwater Geoservices have signed a memorandum of understanding (MoU) for joint development and execution of scientific research and technology innovation within…

Petrobras Makes FID to Advance Two Oil Projects Offshore Brazil

May 27, 2024

Petrobras, together with its partners, has made the final investment decision (FID) for the second development phase of Atapu and Sépia fields, located in the prolific pre-salt Santos Basin, offshore Brazil.The Atapu field has been producing…

New Petrobras CEO Says Oil Prospect is of “National Interest”

May 27, 2024

Petrobras' new chief executive said a basin in Brazil's Equatorial Margin, an environmentally sensitive offshore prospect seen as the country's most promising frontier for oil exploration, was a matter of 'national interest.'Magda Chambriard…

Lula's Ambitions for Petrobras Hemmed in by New Rules

May 20, 2024

Brazilian President Luiz Inacio Lula da Silva may soon discover that swapping the CEO of Petrobras PETR4.SA is not enough to turn the state-run oil company into the engine for job creation and development it was during his first 2002-2010 terms…

Brazil Pushes Out Petrobras CEO, Names Ex-Regulator to Top Job

May 15, 2024

The chief executive of Brazil's Petrobras offered to step down, the state-run oil company said on Tuesday, as the government lined up a former regulator for the role, sending shares sliding as investors braced for political interference.Brazilian…

DOF Secures $192M from Two Contracts with Petrobras

Apr 30, 2024

Norwegian offshore vessel operator DOF Group has secured two contracts with Brazil’s state-run oil and gas company Petrobras, worth over $192 million.Petrobras has awarded new long-term charter and service contracts to Norskan Offshore. and DOF Subsea Servicos Brasil…

Petrobras Required to Assess Indigenous Impact of Amazon Offshore Drilling

May 09, 2024

Brazil's state-run oil firm Petrobras must do a series of studies on the impact on Indigenous groups in the Amazon area of planned offshore drilling nearby in order to analyze the project's viability, according to a federal agency and documents from government agencies…

New Petrobras CEO Pressed on Shipbuilding Reboot, Jobs

May 16, 2024

The next chief executive of Petrobras, Magda Chambriard, arrives with the résumé and mandate to make Brazil's state-run oil firm what it was under prior Workers Party governments: an engine of job creation and industrial development, said people familiar with the matter…

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