Brazil state-run oil firm Petroleo Brasileiro SA said on Thursday it had concluded a long-running dispute with the country's ANP petroleum regulator, agreeing to pay 3.5 billion reais ($940 million) to end an oil-royalty spat.Dating back to 2014…
Dutch firm Boskalis transported the 90,000-ton FPSO P-67 from Qingdao, China to Rio de Janeiro, Brazil, aboard the semi-submersible heavy transport vessel BOKA Vanguard.FPSO P-67 was built by China’s Offshore Oil Engineering Company (COOEC)…
Norwegian energy company Equinor is continuously solidifying its position in Brazil.Indeed, Equinor is considering participating in the upcoming tender of the surplus oil of the “Onerous Assignment”, which saw Petrobras awarded a certain pre…
Underwater sensor technology company Sonardyne International said it is partnering with Shell Brasil and Brazilian research institute Senai-Cimatec to develop autonomous technology to make the monitoring of Brazil’s deepwater pre-salt oil fields more efficient…
ExxonMobil and its partners have made two additional discoveries offshore Guyana at the Tilapia-1 and Haimara-1 wells, bringing the total number of discoveries on the Stabroek Block to 12, the U.S. supermajor announced Wednesday. The discoveries…
Brazil's state-run oil company Petroleo Brasileiro SA may reconsider its dividend policy, Chief Executive Officer Roberto Castello Branco told Brazilian newspaper Valor on Wednesday.In an interview with the paper, Castello Branco said he may cancel quarterly dividends payments…
TechnipFMC has been awarded by Petrobras, on behalf of the Libra Consortium, comprised of Petrobras, Shell, Total, CNOOC Limited, CNPC and Pré-Sal Petróleo (PPSA), an engineering, procurement, construction and installation (EPCI) contract for the Mero 1 pre-salt field…
Sete Brasil was created in 2010 to manage the construction of 28 drilling units in Brazilian shipyards to fulfill Petrobras contracts to drill its pre-salt plays, at a time when Petrobras unrealistically planned to be the sole pre-salt operator…
A French court has rejected an urgent request by environmental groups including Greenpeace and Surfrider Foundation Europe to deny oil and gas major Total permission to proceed with plans to drill off the coast of French Guyana.The environmental…
Brazilian independent oil firm PetroRio SA, which already owns 70 percent of the Frade oil field, has approached Petrobras about buying its 30 percent stake in the field, a person familiar with the matter said.PetroRio recently signed a deal…
Petrobras announced Friday it has started producing oil and natural gas through the P-67 floating, production, storage and offloading unit (FPSO), in the deepwater Lula Norte area, in the pre-salt of Santos Basin offshore Brazil.The FPSO is located approximately 260 kilometers off Rio de Janeirot…
The new year began with a new government in Brazil and a new management controlling the national oil and gas company Petróleo Brasileiro. There are changes on the horizon for the company commonly known as Petrobras, but its new president Roberto…
Brazilian state-run oil company Petroleo Brasileiro SA (Petrobras) said on Thursday that its board had approved the nominations of Eduardo Bacellar Leal Ferreira to be its chairman and João Cox as a board member.It also signed off on the nominations…
The massive Libra pre-salt area, which was originally believed to contain at least volumes of between 8 billion and 12 billion boe, started production at the end of 2017. Located within the Santos Basin, over 200 kilometers off the coast of Rio de Janeiro…
Brazilian independent PetroRio announced Wednesday that it has acquired Chevron’s stake in the deepwater Frade field in the Campos Basin offshore Brazil for an undisclosed sum.The share purchase agreement sees the U.S. supermajor sell its 51…
Subscribe
