Petrobras News

 

Petrobras and Equinor Big Winners in Brazil's Offshore Oil and Gas Auction

Oct 22, 2025

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…

Petrobras Targets Start of Foz do Amazonas Production Within Seven Years

Oct 22, 2025

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 Gets Go-Ahead for Exploratory Drilling Near Mouth of Amazon River

Oct 21, 2025

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…

Colombia’s Largest Offshore Gas Discovery Nears Contracting Phase

Oct 17, 2025

Colombia's Sirius project, developed off its Caribbean coast by state oil firm Ecopetrol and Brazil's Petrobras, has completed nearly half of consultations with local communities that could be affected by the development, Petrobras' Colombia chief Alcindo Moritz said on Thursday…

Petrobras Picks Halliburton for Deepwater Completions Job off Brazil

Oct 16, 2025

U.S. oilfield services provider Halliburton has secured multiple contracts from Petrobras to provide completion and stimulation services for its deepwater fields offshore Brazil.The contracts entail vessel stimulation, intelligent completions…

DOF Scores $200M in Vessel Contracts with Petrobras

Oct 14, 2025

Norwegian offshore supply vessel owner DOF Group has secured long-term contracts for two of its vessels with Petrobras for work offshore Brazil.The contracts, with a combined value of approximately $200 million, are for Skandi Chieftain high…

Petrobras Awaits Brazil's Drilling Permit as Idle Drillship Costs Mount

Oct 09, 2025

Brazilian state-run oil firm Petrobras has racked up 180 million reais ($33.7 million) in costs to keep a drillship on standby in the Foz do Amazonas basin, a company source and a local union said, as it awaits a regulator's decision on a drilling request…

AKOFS Offshore Inks $246M Vessel Deal with Petrobras

Oct 07, 2025

Norway-based subsea well intervention and installation services company AKOFS Offshore has signed a firm contract with Petrobras, for its subsea equipment support vessel AKOFS Santos, which will continue to operate offshore Brazil.Following a competitive tender process…

Transocean Lands $243M in Ultra-Deepwater Drillship Contract Extensions

Oct 02, 2025

Offshore drilling contractor Transocean has secured contract extensions with BP and Petrobras for two of its ultra-deepwater drillships.In aggregate, the fixtures represent approximately $243 million in firm contract backlog.In the U.S. Gulf of America…

Vallourec Bags Another OCTG Order from Petrobras

Oct 01, 2025

French tubular solutions supplier Vallourec has secured a new order from Petrobras for its Submagnético Free Flow oil country tubular goods (OCTG) solution designed to prevent inorganic scaling in production strings.The order covers the production and installation of more than 30 units…

Baker Hughes to Supply Up to 50 Subsea Trees for Petrobras' Brazil Fields

Sep 29, 2025

Baker Hughes, an energy technology company, has secured a contract from Petrobras to supply up to 50 subsea tree systems and associated services to support offshore oil and gas production across multiple fields in Brazil.The modern subsea systems…

SLB Scores Ultra-Deepwater Job at Petrobras' Fields off Brazil

Sep 25, 2025

Global technology company SLB has secured a major contract from Petrobras to provide services and technology for up to 35 ultra-deepwater wells in the strategically important Santos Basin.The wells, which are part of the second development of the Atapu and Sépia fields…

Petrobras Signs Up TechnipFMC for Subsea Production Systems Delivery

Sep 24, 2025

TechnipFMC has secured a significant contract, following a competitive tendering process, for subsea production systems by Petrobras.TechnipFMC will design, engineer, and manufacture subsea production systems to be deployed in an array of greenfield developments…

Hanwha Ocean's Tidal Action Drillship Starts Maiden Job with Petrobras

Sep 18, 2025

The high-specification ultra-deepwater drillship Tidal Action, owned by Hanwha Ocean, has started its maiden contract with Petrobras at Roncador field, offshore Brazil.The Tidal Action arrived in the Guanabara Bay in Rio de Janeiro on July 7…

Baker Hughes Inks Multi-Year Petrobras Deal for Offshore Stimulation Vessels

Sep 17, 2025

Baker Hughes has signed a multi-year contract with Petrobras to extend deployment of its Blue Marlin and Blue Orca stimulation vessels, supporting offshore oil and gas production in Brazil’s post and pre-salt fields.The award, which followed an open tender…

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