Statoil win four blocks offshore Brazil
Norwegian oil giant Statoil has won stakes in four blocks in the Campos basin in Brazil’s 15th licencing round.
petrobras
Brazil to import less fuel as Petrobras grabs market share
Brazil fuel imports are set to fall from a record as the country’s state-owned oil company lowers prices in a bid to regain market share.
WATCH: West Taurus platform hits container ship due to high winds
The West Taurus platform bobbed and skated clumsily in the Port of Tenerife yesterday due to high winds.
Aker Solutions wins three asset contract from Petrobras
A three platform contract has been awarded to Aker Solution from Brazillian oil and gas giant Petrobras.
Corruption conviction against ex-Brazilian president upheld
A Brazilian appellate court has unanimously upheld a corruption conviction imposed on former president Luiz Inacio Lula da Silva - and added years to his prison sentence.
Subsea UK says places on Brazil trade mission up for grabs
UK subsea companies are being encouraged to join a trade mission in March to explore energy sector opportunities in Brazil.
Japanese firms agree to supply FPSO for project off Brazil
A group of Japanese firms said today that they had agreed to invest in a long-term charter business which will provide an FPSO for the Sepia area offshore Brazil.
Diamond, Petrobras bury hatchet over rig contract row
Diamond Offshore Drilling has settled a contract dispute with Brazilian firm Petrobras over the Ocean Valor rig.
Petrobras to pay $3billion to end US lawsuits over graft
Brazil’s state-run energy explorer Petrobras agreed to pay $2.95 billion to compensate U.S. investors who lost money when a massive corruption scandal eroded the oil giant’s market value.
Petrobras to pay $3bn to end US class action over graft
Brazil’s state-run oil producer Petrobras agreed to pay $2.95 billion to settle U.S. class-action lawsuits over a massive corruption scandal that has damaged its market value.
DOF nets new ROV contracts with Petrobras
A Norwegian subsea service company has won new contracts with Brazilian firm Petrobras for the installation of remotely-operated vehicles (ROVs).
Aberdeen Asset Management ‘not quite ready’ to buy back into Petrobras
Petrobras may be making progress in its plan to reduce debt, but a former shareholder in the state-controlled energy giant isn’t ready to jump back in quite yet.
Petrobras makes a year’s worth of announcements in just a week
Petrobras, carrying the largest debt load among global oil majors, is rolling a year’s worth of promises into a week of significant announcements aimed at trimming the gap before an unpredictable presidential campaign starts to gear up.
Statoil acquires 25% stake in Brazil field in $2.9bn deal
Statoil has acquired a 25% stake in the Roncador field in Brazil.
Petrobras agrees $5billion deal with Chinese bank
Brazilian oil giant Petrobras has agreed a multi-billion pound deal with the Chinese Development Bank to finance a fresh ten-year supply contract with Unipec Asia Company.
Brazil’s oil giants roll into Aberdeen in search of decom solutions
An early morning Aberdeen City Council event sees the biggest names in Brazilian oil seek to make deals with Aberdeen decommissioning big hitters.
Aberdeen to up-skill Brazil at decommissioning event
Aberdeen City Council's international trade team have invited Brazil's offshore operators to the city in order to highlight the decommissioning possibilities within the South American nation.
Court puts brakes on Petrobras’ sale of power station venture to Total, report says
A court in Brazil has put the brakes of Petrobras' plans to sell 50% of a power station operator to Total following a lawsuit, a news report said.
Higher crude prices help Petrobras to strong first half
Brazilian oil firm Petrobras reported strong first half results thanks to an upturn in crude prices and volumes.
Solstad Farstad wins Petrobras work
Newly formed OSV provider Solstad Farstad has been awarded a one year contract for its AHTS BOS Turquesa vessel.
Petrobras extends Fugro’s Brazil contract
Fugro has received a two-year contract extension with Petrobras after completing an initial 12-month stint.
Statoil to triple Brazil output, report says
Statoil intends to more than triple its output in Brazil and has designs on becoming the sole operator of the Carcara discovery, a news report said.
Petrobras boss latest added to Offshore Europe speaker line up
The boss of Brazil's oil and gas giant Petrobras will join an august panel of speakers at the annual Offshore Europe event in September.
Petrobras cancels Teekay flotel charter
Teekay Offshore Partners is reviewing its legal options after Brazil’s Petrobras cancelled the charter for the flotel vessel Arendal Spirit.
Petrobras plans sale of Texas refinery
Petrobras has added the proposed sale of the Pasadena Refinery System Inc.’s refinery in Texas to its revised divestment portfolio.