Oilfield services and technology company SLB has been awarded three contracts by Petrobras for completion hardware and services for up to 35 subsea wells in the development of Buzios Wave II offshore oil field.The scope of the contract includes…
Petrobras, in a consortium with CNOOC, CNODC, and PPSA, has marked a new milestone with the Búzios field, which has reached 1 billion barrels of oil (bbl) produced since the start of operations in 2018.The milestone was reached on March 31,…
Petrobras has discovered an oil accumulation while drilling the Anhangá exploratory well in the ultra-deep waters of the Potiguar Basin, located in the Equatorial Margin.The well, located in the POT-M-762_R15 concession, is the second discovery in the Potiguar Basin in 2024…
A promising area off Colombia's coast where Brazil state-run Petrobras is drilling this year could justify a large project to supply natural gas to the Andean country and for exports, Petrobras' head of exploration and production said on Wednesday…
Yinson Production has held the naming ceremony for FPSO Maria Quitéria which will deployed in at Petrobras’ Jubarte field offshore Brazil.The naming ceremony for the FPSO Maria Quitéria was held at Cosco Shipping Heavy Industry (Shanghai) Shipyard in China on April 3…
Brazil's president on Monday called for state-run oil company Petrobras to pay smaller dividends and invest more, in remarks recorded ahead of a meeting with the firm's chief executive, who held out hope of an extra dividend that was axed last week…
Shares of Brazil's state-run oil company Petrobras plunged more than 11% in opening trading in Sao Paulo on Friday, after the firm's dividend frustrated investors and triggered analyst downgrades.In a fourth-quarter earningsrelease late on Thursday…
Mitsui O.S.K. Lines (MOL) and Brazil’s state-owned energy giant Petrobras have signed a charter contract for cargo transfer vessel (CTV) SeaLoader 2, and agreed to start negotiations for a new CTV shipbuilding contract by the end of 2024.MOL signed the deal through its wholly owned subsidiary…
Brazil's government will reappoint its representatives to the board of state-run oil firm Petrobras, sources said on Friday, a sign energy minister Alexandre Silveira is maintaining his influence over an administration he has criticised.Silveira is in charge of Brazil's mining and energy ministry…
Brazilian oil firm Petrobras has extended the bid proposals deadline for two floating, production, storage, and offloading (FPSO) vessels for Sergipe Deepwater Project (SEAP) in the Sergipe-Alagoas Basin.The deadline has been extended from February 19 to June 14…
Brazilian state-run oil and gas company Petrobras has hired Kanfa, a fully-owned subsidiary of Technip Energies, to conduct a carbon capture and storage (CCS) study for its offshore assets.With the study, Petrobras aims to get a thorough understanding…
Brazil's state-run oil company Petrobras has reached total oil and natural gas production of 2.78 MMboed in 2023, which is an increase of 3.7% from the production recorded a year before.Commercial production of oil and natural gas was 2.44 MMboed and oil production 2…
Petrobras and Equinor have signed the contracts for the Campos Basin Integrated Natural Gas Flow System (SIE-BC) and access to the Cabiúnas Gas Treatment Unit (UTGCAB).With the signing of these contracts, Equinor will be able to transport natural gas from the Roncador field…
TechnipFMC has been awarded 'major' integrated engineering, procurement, construction, and installation (iEPCI) contract by Petrobras to deliver the Mero 3 HISEP project, which uses subsea processing to capture carbon dioxide-rich dense gases and then inject them into the reservoir…
Brazil's state-run oil company Petrobras has acquired stakes in three exploratory blocks in São Tomé and Príncipe through a competitive process conducted by Shell.Petrobras acquired a 45% stake in blocks 10 and 13 and a 25% stake in block 11…
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