Brazil
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Americas
Petrobras exceeded offshore oil output target for 2015
Brazil’s state oil giant Petrobras had some rare good news with the announcement that it had exceeded its target for…
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Americas
Brazilian authorities in leniency talks with companies implicated in Petrobras scandal
In a bid to unclog the arteries of Brazilian business and trade, authorities are talking deal with 10 firms implicated…
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Americas
Toxic smoke continues to hamper operations in Port of Santos
Some port operations continued to be disrupted by the effects of toxic smoke at Brazil’s Port of Santos on Friday,…
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Americas
Chemical fire in containers halts shipping at Santos port
A chemical fire erupted in containers at Brazil’s port of Santos on Thursday, causing vessels to be denied entry to…
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Americas
Former Petrobras director given four years for rigging contract to favour Odebrecht
The former director of Petrobras’ international division, Jorge Zelada, on Tuesday was given a four-year jail sentence for his role…
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Americas
Multiple suitors for Brazilian container terminal
A bevy of companies, including ones from overseas, have made significant bids on the for-sale Brazilian container terminal Sepetiba Tecon,…
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Americas
Petrobras to revise five-year investment plan with even more cuts
Petrobras is wielding the axe of austerity again in its latest investment plan, according to Reuters. Brazil’s troubled state oil…
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Americas
Wood Group scores two-year services deal from PetroRio
UK-based Wood Group has won a two-year contract from PetroRio to provide services to the Brazilian company’s Polvo A oil…
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Americas
Petrobras cancels Ensco drillship contract over alleged corruption
UK-based rig contractor Ensco says scandal-plagued Brazilian oil giant Petrobras has cancelled a contract for a drillship, according to Reuters.…
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Americas
Japanese ready to sell stake in Brazilian shipbuilder Ecovix
With uncertainty from the Petrobras corruption scandal reverberating through Brazil’s economy a group of Japanese shipbuilders is ready to cut…
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Americas
Miner makes a bid for Brazil’s Log-In Logística Intermodal
Brazilian mining and logistics company Manabi Holding has offered to buy a majority stake in compatriot cargo ship and port…
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Americas
Rio de Janeiro state imposes new taxes on oil and gas production
Rio de Janeiro state is introducing new taxes on oil and gas production, according to Reuters. The taxes will impact,…
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Americas
Petrobras adds fifth FPSO in Lula field
Petrobras has deployed a fifth FPSO at the Lula Field in the Santos Basin, offshore Brazil. Brazil’s state oil company…
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Americas
Petrobras sells Gaspetro stake to Mitsui
Brazil’s troubled state oil giant Petrobras has sold off a chunk of its natural gas distribution business, known as Gaspetro,…
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Europe
Akastor latest Norwegian firm linked to Petrobras scandal
The latest Norwegian company linked to the giant corruption scandal at Brazilian energy giant Petrobras involves a well-known name. Newspaper…
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Americas
Explosion on Transmed bulker at Paranagua Port
A kamsarmax bulk carrier owned by Greece’s Transmed Shipping was hit by an explosion in one of its cargo holds…
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Americas
Brazilian shipping and port operator Log-In trying to renegotiate its bank loans
Brazilian cargo ship and port operator Log-In Logistica Intermodal has hired global investment bank Moelis to help with refinancing $475m…
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Americas
Karoon Gas contracts Queiroz Galvão semi-submersible for Santos Basin drilling
Karoon Gas Australia has executed final agreements with Brazil’s Grupo Queiroz Galvão to utilise semi-submersible drilling rig for work off…
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Americas
Solstad Offshore offloads AHTS, loses two Petrobras charters
In an update on its vessels in Brazil, Solstad Offshore has revealed the sale of 1984-built anchor handling tug supply…
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Americas
SBM Offshore statement endorses integrity of two officials named by Brazilian prosecutors
Dutch platform-leasing giant SBM Offshore on Sunday came out strongly in defence of two of its top officials named by…
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