Brazil
News
April 17, 2019
Total plans four new wells in Lapa field, offshore Brazil.
News
April 10, 2019
Petrobras will get $9.06 billion to settle a deepwater contract dispute with the government, ending years of negotiations and paving the way for the majors to access crude deposits in the area.
News
April 09, 2019
Forum Subsea Technologies has secured orders from DOF Subsea to supply three of its Ultra Compact Perry XLX-C work-class remotely operated vehicles (ROVs).
News
April 03, 2019
More than 30 Gazprom Neft research geologists and IBM Research Brazil machine-learning research scientists have come together for the first time to share their unique knowledge, experience and skills in a research project,
News
March 20, 2019
Margaret Øvrum recalls that investment depends on viability, "With a monopoly, you do not get the right price."
News
March 19, 2019
Petrobras is expected to receive more than $18 billion from a mixture of government and private sources as payment for oil reserves, people familiar with the matter said, potentially resolving a dispute that has dragged on since 2013.
News
March 18, 2019
Açu Petróleo (a partnership of Prumo Logística and Oiltanking) and Equinor signed a contract for oil transshipment services at the Petroleum Terminal (T-OIL), located in the Complex of Port of Açu, in the north of the state of Rio de Janeiro.
News
March 10, 2019
Petroleo Brasileiro SA plans to implement a voluntary redundancy program and cost-cutting measures aimed at shaving $8.1 billion off its budget for the next five years.
News
March 03, 2019
Petrobras posted $6.84 billion (R$25.8 billion) net income in 2018. The first positive annual result in five years is also the highest since 2011.
News
February 25, 2019
Petrobras informs that in January its total production of oil and gas, including natural gas liquids (NGL), was 2.61 MMboe/y, of which 2.54 MMboed produced in Brazil and 73 Mboed abroad.
News
February 21, 2019
TGS announces a new multi-client 3D seismic survey in the Campos Basin in Brazil. The survey will cover approximately 11,200 km2 within the granted permit area and will be acquired by Shearwater with the Amazon Warrior.
News
February 20, 2019
Brazilian supply boom poised to challenge OPEC’s efforts to balance the global market.
Article
February 2019
The Huizhou 32-5 oil field comprehensive adjustment/Huizhou 33-1 oil field joint development project reportedly started production.
News
February 06, 2019
Airborne Oil & Gas announces that Renato Bastos has joined Airborne Oil & Gas, as V.P. Brazil, strengthening its presence in Brazil.
News
February 01, 2019
Royal Dutch Shell plc, through its subsidiary Shell Brasil Petróleo Ltda. and consortium partners have announced the start of production at the Lula North deepwater project in the Brazilian Santos Basin.
News
January 16, 2019
Petrobras reports that in 2018, its total production of oil and gas, including natural gas liquids (NGL), was 2.63 MMboed, of which 2.53 MMboed produced in Brazil and 101,000 boed abroad. Petrobras’ own production of oil in Brazil was 2.03 MMbpd.
News
January 04, 2019
The new head of Brazil’s state-controlled oil company criticized its history of government interference and vowed to pursue policies that will boost profit, echoing a wider pledge by President Jair Bolsonaro to reduce the state’s role in Latin America’s largest economy.
News
December 30, 2018
Petrobras' total production of oil and gas in November, including natural gas liquids (NGL), was 2.62 MMboed, of which 2.52 MMboed were produced in Brazil and 100 Mboed outside.
News
December 21, 2018
Agreement signed involves the sale of Petrobras' stake in the Lapa field and joint venture formation for onshore solar and wind projects in Brazil.
News
December 19, 2018
Moreira Franco has had a long, varied and distinguished career spanning decades in Brazilian politics and academia, starting out as a sociology professor at the Federal Fluminense University before making the move into politics as the Mayor of Niterói in 1977.
News
November 23, 2018
President-elect Jair Bolsonaro is pursuing the sale of Brazil’s deep-sea treasure-trove of oil, but just weeks after his election he’s facing the same political obstacles as his two predecessors.
