Petrobras and Shell have increased their participation in Brazil’s Atapu and Mero pre-salt reservoirs after securing additional equity in an auction held by Pré-Sal Petróleo (PPSA).The consortium formed by Petrobras (80%), in partnership with Shell Brasil Petróleo (20%), acquired 3.500% participation in the production sharing agreement of the Mero shared reservoir, offering a final amount of $1.47 billion…
Intermoor, Acteon’s Moorings and Anchors business line, has been awarded a three-year contract by Petrobras, to provide mooring asset integrity services.With work due to commence in December 2025, Intermoor will deliver comprehensive quality…
Solstad Offshore ASA (SOFF) has announced that the company has been awarded a new contract by PETROBRAS for the anchor handling tug supply vessel (AHTS) Normand Topazio.The contract has a duration of 4 years firm and is scheduled to commence in 1Q 2026…
Swiss-based equipment supplier Sulzer has secured an order to supply multiple water injection packages to Seatrium for Petrobras’ next generation P-84 and P-85 floating production storage and offloading (FPSO) vessels.To support the construction of both vessels…
ABS issued an approval in principle (AIP) to Petrobras for its safety-enhancing “sandwich hull” design concept for floating production storage and offloading (FPSO) tanks.The design uses parts of longitudinal and transverse elements constructed…
Brazil’s Petrobras has identified the presence of 'excellent quality' oil in the post-salt section of the Campos Basin, following the drilling of an exploratory well in the Sudoeste de Tartaruga Verde block.The 4-BRSA-1403D-RJS well lies 108…
Marine geophysical services company PXGEO has signed two significant contracts with Petrobras-led consortia, to deliver seismic data acquisition and monitoring services in the Santos Basin, offshore Brazil.The projects will run consecutively…
Petrobras’ P-79 floating production, storage and offloading (FPSO) unit has departed South Korea’s Hanwha Ocean shipyard bound for Brazil’s Búzios field, where it will add 180,000 barrels-per-day production capacity by 2026.The P-79 set sail on November 11 from Hanwha Ocean shipyard in Geoje-Si…
Organized workers from Brazilian state-run oil firm Petrobras rejected a work agreement offered by the company and its subsidiaries, which prompted the approval of a 'state of strike,' the workers' union said in a statement on Monday.According to the union…
Brazil's Petrobras has authorized studies for a logistics center in the Amazonian state of Amapa, where the state-run oil firm started exploring in a promising offshore block last week, state Governor Clecio Luis told Reuters.The company's logistics subsidiary Transpetro will do the studies…
Brazil's state-run oil firm Petrobras is in negotiations with SBM Offshore over two floating production vessels to be commissioned for its Sergipe deepwater projects, Petrobras head of Exploration and Production said on Wednesday.Petrobras hopes…
Brazilian state-run oil company Petrobras has reached a milestone with the Almirante Tamandaré floating production, storage and offloading (FPSO) unit, operating in the Búzios field in the pre-salt Santos Basin, with record production rate of 270…
Brazil's state-run oil firm Petrobras and Norway's Equinor were the big winners in a Wednesday auction for areas in Brazil's offshore pre-salt region, acquiring one oil block each and partnering to develop a third.Australia's Karoon Energy also acquired one block…
Brazilian state-run oil company Petrobras' could start oil and gas production in the Foz do Amazonas basin within seven years if large reserves are confirmed, the company's Chief Executive Magda Chambriard told Reuters on Tuesday.Brazil's environmental…
Petrobras has received the environmental license from Brazil’s environmental agency Ibama to drill an exploratory well in block FZA-M-059, located in deep waters off Amapá, near the mouth of the Amazon river.The well is located in 500 km from the mouth of the Amazon river and 175 km from the coast…