Tag: Petrobras
Brazil’s Petrobras pushes ahead with onshore field sales
(S&P Global Platts) Brazilian state-led oil company Petrobras completed the sale of onshore oil fields in the Potiguar Basin and put several exploration blocks...
Sembcorp Marine’s Brazilian shipyard delivers its first FPSO
Sembcorp Marine’s subsidiary Estaleiro Jurong Aracruz (EJA) has crossed a significant operational milestone with the completion of its first floating production, storage and offloading...
Brazil senate approves transfer of rights oil settlement with Petrobras
(Reuters) - Brazil’s Senate on Tuesday night approved an amended transfer of rights agreement settling a dispute over pre-salt oil fields between the government...
Brazil’s Petrobras slashes 2019 investment budget by billions
Brazilian state-led oil producer and refiner Petrobras will cut spending by more than 30% in 2019 as the company adjusts the way it accounts...
Petrobras, SBM sign LOI for Mero 2 FPSO
(Oil & Gas Journal) Petroleo Brasileiro SA (Petrobras) signed a letter of intent with SBM Offshore for a 22.5-year lease and operation of the Mero 2 floating...
Brazil’s Petrobras nears sale of offshore oilfields
Brazil’s Petroleo Brasileiro SA is nearing the sale of two oilfields in a process that could fetch around $1 billion and aid the state-run...
Petrobras earnings take a hit
(Upstream) Braziian oil giant Petrobras registered a 42% drop in earnings in the first quarter, compared with the same period of 2018, but continued...
Pipeline leak forces Petrobras to halt production at P-25 platform
Brazil's state-run oil company, Petrobras, said Monday it has halted production at platform P-25 in the Albacora field after identifying an oil spill from...
Petrobras-led group drills first well in Peroba subsalt area
A consortium of Petrobras, BP Energy and CNPC has started drilling its first well in the offshore Brazil Peroba subsalt area, Petrobras said Friday. According...
Brazil’s Petrobras receives $149M payment from SBM in leniency deal
(Reuters) - Brazilian state-run oil company Petroleo Brasileiro SA has received an initial payment of 549 million reais ($148.92 million) from Dutch marine engineering...