Brazil
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Americas
Petrobras trying to cancel contract for drillship with Grupo Schahin
Petrobras is trying to cancel its contract for hiring a drillship with engineering conglomerate Grupo Schahin, according to Reuters. Brazil’s…
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Americas
Petrobras targets 2020 for first FPSO at Libra field JV project
Petrobras has set a target year of 2020 for when it will install the first floating production, storage and offloading…
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Americas
Transpetro cancelling 17 tanker orders
Brazillian energy major Petrobras transport subsidiary Transpetro is cancelling orders for 17 tankers. The move seriously dashes government plans to…
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Americas
Petrobras announces agreement to team up with Total
Brazil’s troubled energy giant Petrobras announced on Monday it is forming a strategic alliance with France’s Total to work on…
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Americas
Petrobras board approves settlement of four investor lawsuits in New York
The board of Brazil’s troubled state oil firm Petrobras on Friday approved multimillion-dollar settlements to lawsuits brought by investors in…
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Americas
Former speaker of Brazil’s lower house arrested on $5m Petrobras bribe charge
The former speaker of Brazil’s Chamber of Deputies (the lower house of Congress), has become the latest major political figure…
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Europe
Aker Solutions takes majority stake in Brazil’s C.S.E.
Norwegian offshore giant Aker Solutions has agreed to buy a 70% stake of Brazilian oil and gas services company C.S.E.…
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Americas
Petrobras worker unions turn down improved pay offer
The chance of a strike by Petrobras workers has become likelier with the rejection by unions of an improved pay…
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Americas
Judge delays attempt by Petrobras to cancel drillship contract
A judge has effectively put on hold a decision on whether or not Brazil’s state oil firm Petrobras can terminate…
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Americas
Porto Central takes step forward with Van Oord dredging deal
An agreement has been signed between Brazilian and European parties on the development and construction of a new port in…
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Americas
Strong interest after Brazil lifts Petrobras pre-salt obligations
Petrobras is already seeing positive reaction to last week’s decision by the country’s Congress to relieve the state oil giant…
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Americas
Brazil’s Congress votes to release Petrobras from pre-salt responsibilities
Petrobras can finally be relieved of its obligations in the prized pre-salt offshore oilfields after Brazil’s Congress passed a vote…
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Europe
Prosecutors confirm rejection of SBM Offshore leniency deal in Petrobras scandal
Brazilian prosecutors on Thursday confirmed their decision of last month to reject a settlement that would have allowed Dutch multinational…
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Americas
Petrobras tries again with bidding process for Libra field FPSO
Petrobras, Brazil’s troubled state oil firm, has re-started the bid process for construction of an FPSO for offshore operations at the…
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Americas
Petrobras and Statoil take partnership to new level in offshore Campos Basin fields
Brazil’s struggling state oil firm Petrobras and Norwegian multinational Statoil are expanding their partnership to help turn around production drop-offs…
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Americas
Brazil may change law to let Petrobras sell stakes in offshore fields
Brazil’s government could change the law to allow troubled state oil firm Petrobras to sell stakes in some offshore oil…
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Asia
Keppel admits ‘suspicious’ payments made in Petrobras scandal
Singapore’s Keppel Corporation has admitted internal investigations have shown certain transactions associated with Zwi Skornicki from Eagle do Brasil, an…
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Americas
Pacific Exploration and Production selling blocks offshore Brazil
Canadian corporation Pacific Exploration and Production announced it is selling its 35% stake in the Karoon Blocks concession offshore Brazil.…
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Americas
Unions reject Petrobras contract offer and call for work to rule
The FUP confederation of oil workers’ unions has called on its members to work to rule at Petrobras facilities after…
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Americas
Industry association says Petrobras must be released from Subsalt Polygon obligations
The president of the Brazilian Petroleum, Gas and Biofuels Institute (IBP) said on Wednesday it is essential that a bill…
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