Brazil
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Americas
US to intensify probe of Petrobras-related graft accusations
The US Department of Justice (DoJ) and the Securities and Exchange Commission (SEC) are intensifying their probe of dozens of…
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Americas
Maritime union workers in Brazil ready to strike against Transpetro
Unionized seamen in Brazil are preparing to go on strike from 8am on Saturday against Transpetro, the country’s largest oil…
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Americas
Brazil to open up access to Subsalt Polygon blocks
Brazilian authorities are planning to change the rules to allow companies other than troubled state oil firm Petrobras to operate…
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Americas
Petrobras wants to bring forward $1bn loan from Exim Bank of China
Petrobras is moving to seal a $1bn loan from a Chinese bank sooner than first planned, according to Bloomberg. The…
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Americas
Louis Dreyfus tipped to sell Brazil terminal stake
Louis Dreyfus is being tipped to sell its stake in a new Brazilian grains terminal. Reuters reports the trader is…
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Americas
Petrobras and Ensco wheel and deal on rig contracts
UK-based offshore drilling contractor Ensco has revised terms with Petrobras over some of its rig contracts with Brazil’s scandal-plagued, financially…
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Americas
Petrobras selling $1.4bn of assets in Argentina and Chile
Petrobras, Brazil’s deeply troubled state-run oil firm, has announced the sale of some of its vast assets in fellow South…
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Americas
Mendes Junior Engenharia barred from government tenders for two years
Brazil’s comptroller general on Thursday barred an engineering company implicated in the Petrobras corruption scandal from seeking government tenders for…
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Americas
Entrance to Port of Santos reopens
The entrance to the Port of Santos in Brazil reopened on Thursday after being closed for 30 hours because of…
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Americas
Technip’s contract extended at Petrobras’ base for flexible pipes
Petrobras has extended Technip’s five-year contract at its Flexible Pipes Logistic Base (BAVIT) by a further four years. The value of…
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Americas
Navios could sue Vale over scrapped terminal deal
Navios Maritime Holdings has revealed Brazilian miner Vale has ditched plans to use an iron ore terminal under construction in…
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Americas
Sete Brasil files for bankruptcy
Brazilian oil rig operator Sete Brasil has filed for bankruptcy protection with the approval of a majority of its shareholders…
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Americas
Repsol Sinopec Brasil, Petrobras and Statoil strike oil offshore Brazil
Repsol Sinopec Brasil and Petrobras, along with European partner Statoil, announced on Monday that they have struck oil in the…
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Americas
Aker Solutions signs maintenance deal with Petrobras
Norwegian oilfield service company Aker Solutions has signed a three-year maintenance and service contract worth $124m with Brazil’s Petrobras. It…
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Americas
Former Senator arrested for allegedly interfering with Petrobras corruption probe
The corruption probe into Brazil’s state oil firm Petrobras has reeled in another big political fish with the arrest on…
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Americas
Petrobras cancels charter of another DryShips OSV
Petrobras has cancelled its four-year charter of DryShips’ oil spill recovery vessel (OSRV) Vega Inruda, which is the second contract termination…
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Asia
Keppel FELS Brasil to build FPSO modules for Modec
Keppel FELS Brasil has won a BRL 500m ($135.8m) contract to fabricate and install the topside production modules for a…
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Americas
Petrobras tried and failed to go to arbitration over Sete Brasil contract
Petrobras, Brazil’s mightily troubled state oil firm, recently tried and failed in a bit to go to arbitration to re-do…
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Americas
Petrobras plans to save $500m annually with internal restructuring
Brazil’s embattled and scandal-plagued state oil firm Petrobras has revealed in a securities filing that it plans to save about…
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Americas
Brazil’s Supreme Court takes over Lula investigation from Petrobras probe judge
The investigation into Brazil’s former national president Luiz Inacio Lula da Silva was on Thursday taken over by the country’s…
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