Brazilian energy company Ouro Preto Oleo e Gas delivered the highest bid to acquire a pair of Brazilian oil clusters from state-run oil company Petroleo Brasileiro SA, two sources with knowledge of the matter said.Petrobras, as the oil company is known…
Brazil's oil regulator ANP announced on Thursday preliminary rules for a major oil auction in the pre-salt area in the Santos basin and postponed the bidding round to Nov. 6 from Oct. 28.The preliminary rules will be in public consultation until July 3…
Brazilian state-run oil firm Petroleo Brasileiro SA said on Thursday it received final proposals for shallow water fields Polos Enchova and Pampo that surpass $1 billion in value, according to a securities filing.The transaction is still subject to internal approvals…
Australian-based engineering firm Worley said it has entered into a 50:50 joint venture with Brazilian services company Enaval.The new joint venture, Worley Enaval (WE) Integrated Solutions, combines Worley’s global engineering and brownfield…
Project partners have taken final investment decision (FID) for the second phase of the Mero project in the deepwater Libra block of the pre-salt Santos Basin offshore Brazil, operator Petróleo Brasileiro announced on Tuesday.The Brazilian state-controlled oil company…
Aberdeen based services firm READ Cased Hole said it has appointed Angel Luviano to its senior management team as Vice President Sales & Business Development, Western Hemisphere.Based in Houston, Luviano will be responsible for business development opportunities in North and South America…
Offshore scientific services company TDI-Brooks International said on Tuesday it has completed two Environmental Baseline Studies (EBS) for ExxonMobil offshore Guyana.The US supermajor is operator of several blocks offshore Guyana, including Canje…
Brazilian antitrust regulator Cade has approved the purchase by independent oil firm PetroReconcavo of 34 oilfields owned by Petroleo Brasileiro SA , the government's official bulletin showed on Friday.Cade said the sale did not reduce competition…
Olso listed semi-submersible accommodation vessels operator Prosafe said it has signed a contract with Petrobras for the provision of the Safe Eurus semi-submersible vessel for safety and maintenance support offshore Brazil.The three-year firm…
Brazil's Petroleo Brasileiro SA is nearing the sale of two oilfields in a process that could fetch around $1 billion and aid the state-run oil firm in its bid to reduce debt.Petrobras, as the company is known, has set a June 5 deadline to receive…
The DOF Group announced on Wednesday it has been awarded several contracts for its fleet in Brazil commencing during the next months.Norskan Offshore has been awarded a contract from Total in Brazil for the anchor handling tug supply vessel (AHTS) Skandi Rio…
Petroleo Brasileiro said on Tuesday it is interested in exercising its preferential right to tender in two areas in an auction of excess oil from the so-called 'transfer of rights' (TOR) area, according to a company filing.The Brazilian state…
Brazil's state-run oil company Petrobras said on Tuesday its board of directors approved an addendum to a transfer-of-rights oil contract that will see it reimbursed to the tune of $9.06 billion, but the deal remains subject to governmental agreement…
Brazilian state-owned oil company Petrobras predicts that the pre-salt slice of its total oil production will rise from the current 49% to up to 60% this year. The company's director of Exploration & Production, Carlos Alberto Pereira de Oliveira…
Argentina awarded permits to begin hydrocarbon exploration in 18 areas off the coast of the country in the Malvinas West basin to companies including Exxon Mobil Corp, Total SA, YPF SA and Royal Dutch Shell Plc, the government said on Friday…
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