Petrobras
- Offshore
Petrobras begins process to contract suppliers to develop its patented HISEP technology
Petrobras has started hiring suppliers to manufacture, install and test its patented HISEP technology designed to separate CO2-rich gas from…
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Keppel receives extension to pay $52.7m owed as part of Brazilian resolution
As part of a global resolution reached in 2017 with authorities in the US, Brazil and Singapore in relation to…
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Petrobras plans to drill first well at Equatorial Margin in 2022
Petroleo Brasileiro (Petrobras) plans to begin drilling at the Equatorial Margin in 2022, according to the company’s reservoir executive manager…
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Petrobras plans to invest $68bn to increase oil production in pre-salt area
Petroleo Brasileiro (Petrobras) this week revealed its new strategic plan for 2022 to 2026. The plan includes a significant increase…
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Yinson wins Parque das Baleias FPSO contract from Petrobras
Malaysia’s Yinson Production has signed a letter of intent to provide an FPSO to Petrobras for the Parque das Baleias…
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Brazilian president criticises Petrobras for being too profitable
Brazilian President Jair Bolsonaro said state-controlled Petroleo Brasileiro SA (Petrobras) is too profitable. “It should be a company that makes…
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Keppel Offshore & Marine faces $820m lawsuit from EIG Funds
Keppel Offshore & Marine (KOM), a subsidiary of Singapore’s Keppel Corporation, is being sued by the eight funds managed by…
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Petrobras starts the process for Catuá Field sale
Petróleo Brasileiro (Petrobras) has begun the process, the teaser stage, to sell its entire 100% equity interest in the Catuá…
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Valaris to reactivate drillship for new Petrobras contract
Offshore driller Valaris has been awarded a contract by Petrobras for work offshore Brazil utilising 2010-built drillship . The contract…
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Petrobras completes obligations under agreement with US Department of Justice
Brazilian state-controlled oil company Petróleo Brasileiro SA, known as Petrobras, said last week it has completed improvements to its compliance…
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Petrobras plans to sell its stake in Gulf of Mexico blocks
As part of its debt-reduction and portfolio-optimization strategy, Petróleo Brasileiro S.A. (Petrobras) plans to sell its entire 20% stake, held…
Read More » - Americas
Change of CEO at Transpetro
Gustavo Santos Raposo has resigned as CEO of Petrobras subsidiary Petrobras Transporte S.A. (Transpetro) effective September 24. Service Director Luiz…
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Petrobras commits to carbon neutrality
Brazil’s Petrobras has announced that it plans to achieve carbon neutrality in activities under its control, within “a period compatible…
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Fugro awarded three-year IRM contract by Petrobras
Dutch subsea and seismic specialist Fugro has been awarded a three-year contract by Brazil’s Petrobras for subsea inspection, repair and…
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Investor claims against Petrobras move forward in Dutch court
A Rotterdam District Court decision has enabled a case against Petrobras to move ahead. The court found that Stichting Petrobras…
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Petrobras puts Golfinho offshore oilfield cluster back on the market
After unsuccessfully trying to sell its Golfinho asset last year, Petrobras has reopened bidding on the oilfield cluster in the…
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Silva e Luna sworn in as CEO of Petrobras, plans to continue with policy of international parity
As expected, Joaquim Silva e Luna has been elected CEO of Petrobras, the Brazilian government-owned oil company. Silva e Luna…
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Hyundai Heavy and DSME enter final round for giant Petrobras FPSO contract
Two of South Korea’s largest yards are in the final round competing against each other for the largest FPSO contract…
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Castello Branco removed as Petrobras CEO
Roberto da Cunha Castello Branco has been removed as CEO of Petrobras through a vote by shareholders on Monday. Chief…
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Modec suspended from new Petrobras tenders
Brazilian oil major Petrobras has suspended Japanese floater expert Modec from taking part in competitive bidding for the next 13…
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