US Gulf set for ‘big year’ of M&A deals
The US Gulf of Mexico is in the midst of a “big year” of mergers and acquisitions, a top analyst has said.
petrobras
20 energy majors to grace inaugural Energy Exports Conference
Majors including Aramco, BP, Ørsted and Shell will talk about US$150bn of global projects requiring UK products and services
TechnipFMC wins ‘significant’ subsea contract in Brazil
TechnipFMC has won a “significant” contract for work on the Lapa oilfield offshore Brazil.
Colombia sees gain in Venezuela’s pain
As neighboring Venezuela collapses, Colombia is hoping to lure oil majors with an unprecedented bidding system: Producers can propose drilling anywhere, at any time, and the country will look into it.
Offshore drilling makes comeback after years in shale’s shadow
Offshore is ready for the limelight again.
Petrobras oil dispute to total $18bn in state payout
Petrobras is expected to receive more than $18 billion from a mixture of government and private sources as payment for oil reserves, people familiar with the matter said, potentially resolving a dispute that has dragged on since 2013.
‘Complacency and fatigue’ contributed to death on offshore drillship
Investigators have found “complacency and fatigue”contributed to the death of an offshore worker in the Gulf of Mexico.
Fall of fugitive ‘Batman’ puts global oil trading on the spot
To his friends, Rodrigo Berkowitz lived within his means in a rented house in the suburbs of Houston.
New Petrobras boss swears off subsidies, government intervention
The new head of Brazil’s state-controlled oil company criticized its history of government interference and vowed to pursue policies that will boost profit, echoing a wider pledge by President Jair Bolsonaro to reduce the state’s role in Latin America’s largest economy.
Petrobras cutting Houston jobs after forming Gulf joint venture
Brazilian state oil company Petrobras will terminate more than 50 Houston jobs next year after selling much of its Gulf of Mexico assets into a new joint venture.
FPSO start-up for Shell at mammoth field in Brazil
Production of an FPSO for Shell has started at a huge oil and gas field in Brazil.
Aker Solutions to supply Mero 1 production system for Petrobras
Norwegian energy service company Aker Solutions will supply a subsea production system for Petrobras' Mero 1 project off Brazil's coast.
Equinor contracts Knutson for crude shuttle tankers
Energy giant Equinor has now entered into two new built shuttle tanker contracts with Knutsen NYK Offshore Tankers AS.
Aker nets £45m deal with Petrobras in Brazil
Oil field services giant Aker Solutions has clinched a contract with Petrobras for maintenance and modifications work on nine platforms in the Campos Basin offshore Brazil.
Ex-Brazil president not guilty in obstruction of justice case
Former Brazilian president Luiz Inacio Lula da Silva has been found not guilty of obstruction of justice.
Driller wins $622 million arbitration award
An international tribunal has determined that Petrobras, Brazil's state-run oil company, is liable to pay $622 million to settle a contractual dispute with a deepwater drilling contractor operating out of Houston.
Equinor wraps up swoop for 25% of Brazil mega field
Norwegian energy giant Equinor has completed the acquisition of a 25% stake in the Roncador oil field in Brazil's Campos Basin.
Fugro wins two ROV contracts with Petrobras
Dutch energy services firm Fugro has won two new ROV contracts with Petrobras in Brazil.
Technip, DOF vessel gets down to work in Brazil
TechnipFMC and DOF Subsea's Skandi Recife vessel has kicked off its eight-year charter with Petrobras in the Campos, Santos and Espírito Santo basins.
Equinor expands Brazilian portfolio in Campos and Santos basin
Energy giant Equinor has won additional blocks within the prolific Campos and Santos basins in the 4th production bidding round in Brazil.
Petrobras boss resigns over truckers’ strike
The president of Brazilian state oil company Petrobras has resigned after a crippling truckers’ strike calling for sharp cuts to diesel prices.
Eight hours that turned Petrobras chief from market darling to dud
Eight anxious hours.
UK Government to loan Petrobras nearly £300m
The UK Government has agreed to loan Brazilian state-owned oil firm Petrobras nearly £300million.
Statoil faces £809m payout after losing arbitration dispute, reports say
Norwegian oil firm Statoil is facing a £809 million payout to its partners in a Nigerian oilfield - Chevron and Petrobras - after losing an arbitration dispute.
BP and Pertobras form exploration alliance
Oil giant BP has today announced a strategic alliance with Braziallian firm Petrobras to explore joint projects in South America.