Brazil

News
May 04, 2016
Petrobras has agreed to sell assets in Argentina and Chile for about $1.4 billion, as Brazil’s state-controlled oil producer looks to raise cash and focus on deepwater projects in Brazil.
News
May 02, 2016
Saipem recently established new milestones in the oil service industry with the installation of two gas export Free Standing Hybrid Risers (FSHR) , 20-in. and 19-in., respectively, located in the pre-salt area of the Santos basin, approximately 300 km from the Brazilian shoreline.
News
April 26, 2016
Technip has signed a four-year extension of its five-year initial contract, signed in January 2011 with Petrobras S.A. for its Flexible Pipes Logistic Base (BAVIT), located in Vitória, Brazil.
News
April 19, 2016
Parnaiba Gas Natural SA, Brazil’s biggest independent natural gas producer, is considering acquisitions and preparing to expand output in Latin America’s biggest economy.
News
April 18, 2016
Repsol Sinopec, with partners Statoil and Petrobras, has completed the Gavea A1 well in the ultra-deep pre-salt Block BM-C-33 in the Campos basin, offshore Brazil.
News
April 15, 2016
Aker Solutions has secured an agreement to provide maintenance and other services for subsea facilities at Petrobras-operated oil and gas fields offshore Brazil.
News
March 30, 2016
Archer Limited announced a two-year extension of its contract for platform drilling services, as Statoil exercises the first option following the original four-year contract, with two additional two-year extension options remaining.
News
March 30, 2016
Chariot Oil & Gas Limited, the Atlantic margins-focused oil and gas exploration company, announced that it has completed the 3D seismic acquisition survey covering its 100% operated BAR-M-292, BAR-M-293, BAR-M-313 and BAR-M-314 licences in the Barreirinhas basin, offshore Brazil.
News
March 22, 2016
Petroleo Brasileiro SA, the oil producer at the center of Brazil’s largest corruption scandal, reported a record loss that surprised analysts and sent shares lower.
News
March 14, 2016
Shell has announced the start of oil production from the third phase of the deepwater Parque das Conchas (BC-10) development in Brazil's Campos basin.
Article
March 2016
Despite scandals and debt, Brazil is still attractive
News
March 10, 2016
Chariot Oil & Gas Ltd. has commenced a 3D seismic acquisition survey of approximately 785 km2 covering its wholly operated BAR-M-292, BAR-M-293, BAR-M-313 and BAR-M-314 licenses in the Barreirinhas basin, offshore Brazil.
News
February 29, 2016
Vallourec has announced major strategic initiatives aimed at transforming its operational set-up, improving its competitiveness and reinforcing its financial strength, in an effort to secure long-term profitable growth and sustained shareholder value creation.
News
February 26, 2016
Fugro has been awarded an inspection, repair and maintenance (IRM) contract by Petrobras in Brazil.
News
February 25, 2016
Aqualis Offshore has been contracted by Cantex Global Logistics to provide the marine warranty surveyor (MWS) services for FPSO P67 & P70 topside modules transportation from various Brazilian ports to COOEC’s yard in Qingdao, China.
News
February 25, 2016
It’s official. The natural gas flowing out of America’s shale formations is now available to the world.
News
February 18, 2016
Petrobras has concluded the drilling of well 3-BRSA-1305A-RJS (3-RJS-739A), in the Libra Block northwest area, in the pre-salt of the Santos basin, confirming the discovery of good quality oil in reservoirs with excellent productivity.
News
February 16, 2016
Petro Rio said Tuesday that Royal Dutch Shell has cancelled an agreement to sell an 80% stake in Bijupirá and Salema fields to the company.
News
February 16, 2016
Petrobras has begun operating the Cidade de Maricá FPSO in Lula field in the pre-salt layer of the Santos basin.
News
February 15, 2016
Royal Dutch Shell Plc. has made Brazil one of its top three countries after completing a merger with BG Group Plc, and sees the South American nation’s deepwater fields remaining competitive for years to come.
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.