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Petrobras to open tender for Brazil’s biggest ever platform

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(Reuters) - Petrobras is preparing to launch a tender to build Brazil’s largest-ever oil platform, according to two people with knowledge of the matter,...

Brazil’s Petrobras begins decommissioning offshore platform in Campos Basin

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Brazilian state oil company Petrobras says it has begun the decommissioning of the P-12 platform in the Campos Basin and will also be moving...

Saipem secures US$325 million contract for Búzios pre-salt field in Brazil

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Italian multinational oilfield services company Saipem said on Monday it has been awarded a contract by Petrobras for the installation of a rigid riser-based...

SBM Offshore secures US$600 million bridge loan for FPSO Sepetiba

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SBM Offshore on Wednesday announced the closure of a US$600 million bridge loan facility for the financing of the construction of FPSO Sepetiba, to be...

Brazil’s Petrobras says Buzios oil field achieved a new daily production...

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(Reuters) - Brazil’s Petrobras said that its platforms P-74, P-75, P-76 and P-77 located in the deepwater Buzios oil field, the largest in the...

Brazil’s Petrobras to sell stake in Campo de Tartaruga oil field:...

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(Reuters) - Brazilian oil company Petrobras said on Monday that it had begun the process to sell the entirety of its stake in the...

Total, partners ramp-up production at Brazil pre-salt with start-up of second...

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Total and its partners have announced the start-up of the Floating Production Storage and Offloading (FPSO) P-70 of the Iara cluster (Block BM-S-11A), located...

Brazil’s Petrobras says it will not hire oil tankers that visited...

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(Reuters) - Brazil’s Petroleo Brasileiro SA has told shippers it will not hire any tankers that have visited Venezuela in the past 12 months,...

Underperforming offshore wells rack up over $100 billion in abandonment liabilities...

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(Bloomberg) - Aging offshore oil wells that once brought market prominence to Europe, the U.S. Gulf and Brazil are increasingly money losers that companies...

Brazil’s Petrobras opens access to natural gas processing units in antitrust...

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Brazilian state-led energy company Petrobras will grant rival producers and other companies access to onshore natural gas processing facilities in a two-step process in...