Petrobras
- Americas
Keppel agrees to pay $422m to settle US bribe charges related to Petrobras scandal
The US Department of Justice (DOJ) announced on Friday that Singapore-based shipbuilder Keppel Offshore & Marine and its US subsidiary…
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Petrobras aims to sustain oil E&P investment levels in next five-year plan
Brazil’s state oil firm Petrobras on Thursday announced it will more or less maintain its investment plans for the period…
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Wilson Sons Ultratug Offshore fixes PSV trio to Petrobras
Brazil’s Wilson Sons Ultratug Offshore, a joint venture between Wilson Sons and Petronect, has won a series of contract for…
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Modec to provide and run FPSO for Petrobras project in Libra block
Brazil’s state oil firm Petrobras has signed a deal with Japan’s Modec, a supplier of offshore platforms, to build and…
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Statoil acquires quarter stake in Roncador field offshore Brazil
Norway’s Statoil on Monday announced it is acquiring a 25% stake in the Roncador oil field offshore Brazil from Petrobras,…
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Arbitrator rules for Petrobras in dispute with Sete Brasil
Petrobras, Brazil’s state oil company, announced it has won a favourable arbitration decision in a dispute with Sete Brasil, an…
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SBM Offshore reaches $238m agreement with US DOJ on bribery charges
Dutch firm SBM Offshore’s US subsidiary pleaded guilty in an American court to a bribery charge on Wednesday. Parent company…
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First oil flows from Brazil’s offshore Libra field
Oil has begun to flow from Brazil’s vast Libra offshore field, according to Reuters. A consortium of oil industry giants,…
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Petrobras to seek $6.8bn valuation for its distribution company in IPO
Brazil’s state oil giant Petrobras is going to seek a valuation of up to $6.8bn for its fuel distribution unit…
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Petrobras secures $1bn loan to pay some debt obligations
Petrobras, Brazil’s corruption-plagued and debt-burdened state oil firm, has secured a loan of $1bn from a syndicate headed by Standard…
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Petrobras ups its funding forecast and drops estimate for divestments
Brazil’s troubled state oil firm Petrobras on Tuesday made a bullish forecast on its funding for the year while also…
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Former executives of SBM Offshore plead guilty to corruption in US court
A pair of former executives at Dutch oil industry services firm SBM Offshore pleaded guilty in US federal court on…
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Brazil court lifts injunction on Petrobras deal to sell stakes in offshore fields
A federal court in Brazil has lifted an injunction on state oil company Petrobras, a ruling which had hitherto prevented…
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Petrobras selling subsidiary with deep-water assets offshore Nigeria
Brazil’s state oil firm Petrobras on Tuesday announced it is putting up for sale its minority shares in deep-water assets…
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Petrobras calls on Odebrecht to stop operating drillship involved in fatal blast
Petrobras has asked offshore drilling company Odebrecht Oil and Gas (OOG) to halt operations on a drillship which suffered a…
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SBM Offshore hit by more costs from Petrobras scandal fallout
Netherlands-based SBM Offshore is feeling the financial pinch of the ongoing Brazilian probe of its role in the Petrobras corruption…
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Petrobras request to temporarily suspend class action suit granted by US court
A class action suit against Brazil’s troubled state oil firm Petrobras has been halted in US court, according to Reuters…
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Petrobras and BP work towards strategic alliance
Brazil’s state oil firm Petrobras and UK multinational BP announced that they have signed a letter of intent (LOI) to…
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Petrobras recovers around $25m from Rolls-Royce, money related to bribery scandal
Brazil’s troubled state oil firm Petrobras, at the hub of a huge bribery scandal for several years, has recovered almost…
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Shell earns three of six presalt blocks awarded in Brazil auction
Six of eight blocks on offer were awarded in the latest two rounds of Brazil’s offshore oil and gas rights…
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