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SBM Offshore gets ‘Best Oil Platform Operations’ award from Brazil’s Petrobras

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Dutch floater specialist SBM Offshore, operator of the Liza Destiny FPSO in Guyana, has received the ‘Best Oil Platform Operations’ award from Brazil’s state...

Ford puts brakes on operations in South America’s largest oil producing...

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(AP) — Ford Motor Co. said Monday it will close three plants in Brazil and stop producing automobiles in the South American country where...

Brazil approves 92 offshore blocks for 17th bid round, several potentially...

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(S&P Global Platts) Brazil's National Energy Policy Council, or CNPE, approved 92 offshore exploration and production concession blocks for sale at the country's pandemic-delayed...

Brazil’s Petrobras produced record 2.28 million bpd in 2020

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Brazil’s state-run oil company Petrolero Brasileiro SA produced a record 2.28 million barrels of oil per day on average in 2020, according to a...

Brazil moving to implement reforms to lure investors as competition from...

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Mature oil producer Brazil is looking to implement important oil industry reforms in 2021 to remain one of the world's top destinations for investments...

Permit delays in Brazil could see Guyana emerge as deepwater winner...

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Oil companies operating in Brazil have long complained about delays getting drilling permits and environmental impact reports approved by the Brazilian Institute of Environment...

Brazil’s Petrobras strikes high-quality oil at Búzios field

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Brazil state-oil company Petrobras has made a discovery of high-quality crude at the Búzios field, in the Santos Basin. The company confirmed Tuesday the...

GE supporting Oil Field Revitalization Project in Brazil

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Sulzer Pumps UK have awarded GE Power Conversion a contract to supply the motors for the four water injection pumps which will equip a...

Brazil removes 32 high potential offshore blocks from 17th bid round

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(S&P Global Platts) Brazil's National Energy Policy Council, or CNPE, dealt a sharp blow to the country's offshore exploration and production program by removing...

Brazil’s Petrobras could turn to Guyana for offshore acreage, CEO says

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(S&P Global) Brazilian state-led oil company Petrobras could turn to Guyana for access to acreage along South America's equatorial margin if local environmental regulators...