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Petrobras-led Libra Consortium awards TechnipFMC ‘large’ contract

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TechnipFMC is reporting that it has been awarded a large contract for Engineering, Procurement, Construction, and Installation (EPCI) through a competitive contracting...

Petrobras sells remaining 10% stake in TAG to Engie Brasil, CDPQ

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(Reuters) - Brazil’s state-owned oil company Petrobras on Monday agreed to sell its remaining 10% stake in natural gas pipeline company TAG to Engie...

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...

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...

Petrobras puts shallow-water fields in northeastern Brazil on the block

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(Reuters) - Brazilian state-run oil firm Petrobras has kicked off a sale process for its Atum, Curima, Espada and Xareu offshore oilfields, the company...

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,...

Petrobras looks to China’s ‘teapots’ to keep oil exports flowing

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(Reuters) - Brazil’s state-run Petrobras sees no need for cuts in oil production, executives say, as the market for its crude remains robust in...

Petrobras makes double oil strikes in Brazil’s pre-salt

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Brazilian oil company Petrobras announced on Monday two oil strikes in the Santos and Campos Basins offshore the South American country. Petrobras said oil, which...

Petrobras reverses production cuts on higher-than-expected demand

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(Reuters) Brazilian state-run oil firm Petrobras has reversed most of its previously announced production cuts due to higher-than-expected demand for some fuels, it said...