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Oil&Gas Drilling
Prosafe Signs $109 Million Contract Extension With Petrobras for Offshore Brazil Work
Prosafe has signed a contract extension with Petróleo Brasileiro S.A. (Petrobras) for the provision of the Safe Zephyrus semi-submersible vessel for safe…
Oil Price
Brazil’s Petrobras Raises Jet Fuel Prices by Around 7% in Key Markets
The logo of Brazil's state-run Petrobras oil company is seen at its headquarters in Rio de Janeiro, Brazil October 16, 2019.SAO PAULO, Brazilian state-run o…
Natural Gas
Petrobras Informs About New Law for the Oil and Gas Sector
Petrobras informs that the Brazilian government enacted Law 15,075/2024, dated December 26, 2024, which addresses the possibility of transfer of local content s…
Oil&Gas Drilling
Petrobras to Keep Constellation’s Semi-sub Rig Under $61M Contract Extension
(OE) Offshore drilling contractor Constellation has secured an extension of the current contract for its semi-submersible drilling rig Atlantic Star with Petrob…
Oil Field
Petrobras Terminates Sale of Two Oil & Gas Fields Offshore Brazil
Brazilian oil and gas player Brava Energia has confirmed its acquisition of oil and gas fields and associated infrastructure off the coast of Brazil cannot be c…
Oil&Gas Drilling
Seadrill’s Drillship Picks up 1,095-Day Drilling Job Offshore Brazil
Bermuda-headquartered offshore drilling contractor Seadrill has won a multimillion-dollar assignment off the coast of Brazil for one of its drillships, which wi…
Brazil
Petrobras initiates FPSO bid for Sergipe Deep Waters project in Brazil
Brazilian state-owned oil company Petrobras has commenced the procurement process for up to two FPSO units for the Sergipe Deep Waters (SEAP) project in the Ser…
Tender/bid
Petrobras Fires the Starting Gun on Bid Battle for Two New Brazil-Bound FPSOs
Brazil’s state-owned oil and gas giant Petrobras has kicked off a new procurement process to secure two more floating production, storage, and offloading …
Energy Investment
$111 Billion Investment on Petrobras’ Five-Year Agenda
Brazil’s state-owned oil and gas giant Petrobras has unveiled its new business plan for the 2025-2029 period (BP 2025-29) and strategic plan 2050 (SP 2050…
Crude Oil
Petrobras Announces $3.4 Billion in Extraordinary Dividends
Petroleo Brasileiro SA announced 20 billion reais ($3.4 billion) in extraordinary dividends in a sign that Brazil’s state-controlled oil giant will contin…
Oil & Gas Supply
Global OTEC Launches New Power Module For Sustainable Offshore Oil And Gas
Global OTEC has announced its latest advancement in sustainable power for offshore energy exploration and production at the first Brazilian Workshop on Geotherm…
Oil Price
Petrobras Outlines $111 Billion, Five-Year Spending Proposal
Petrobras plans to boost spending on new oil drilling and other projects by almost 9% to $111 billion in the next five-year plan.The Brazilian oil giant’s…
Oil & Gas Trade
Petrobras Posts $7.6% Increase In Net Income In Q3 2024
Brazilian national oil and gas company Petrobras has reported a 7.6% increase in net income for Q3 2024, reaching $5.87bn (33.85bn reais) from $5.54bn in the sa…
Offshore Wind Power
Petrobras To Start Major Offshore Wind Measurement Campaign Using Brazil-made Floating Lidars
The company will invest BRL 60 million (approximately EUR 9.6 million) in the new measurement campaign which follows a one-year deployment of the first floating…
Solar Technology
Petrobras To Launch Second Phase Of Offshore Wind Research
Petróleo Brasileiro S.A. has said it would release new Bravo buoy units to collect, monitor, and assess offshore wind resources. The company said in a me…
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