Brazilian oil company Petrobras has informed that the accumulated oil production from the Tupi offshore field in Brazil recently hit the 2 billion barrels of oil equivalent (boe) mark.The field, dubbed the largest deepwater oil producer in the world…
Brazilian oil firm Petrobras has awarded Singapore's POSH two long term charters for the semi-submersible accommodation vessels POSH Arcadia and POSH Xanadu.The offshore accommodation rigs will be used for maintenance and accommodation support…
Brazilian oil company Petrobras is looking to sell at least half of its stake in a 698 square-kilometer pre-salt block in the Santos Basin offshore Brazil.Petrobras launched a teaser on Monday for the sale of 50% to 100% of its stake in the concession name BM-S-51…
Brazilian oil and gas company Petrobras has said it will mothball its Merluza platform (PMLZ-1) in shallow waters in the Santos Basin.'The platform’s production had already been interrupted since March 2020, with the abrupt drop of demand for natural gas…
CIMC Raffles-managed offshore accommodation rig OOS Tiradentes will soon resume work for Petrobras in Brazil, after a hiatus due to COVID-19 pandemic.CIMC Raffles asset operation management center which manages the semi-sub accommodation rig…
Brazilian oil company Petrobras has put up for sale its stake in the Tartaruga field in the shallow waters of the Sergipe Alagoas basin.The Tartaruga field is located in Area SES-107D Concession, in which Petrobras holds a 25% stake, with Maha Energy holding the remaining 75% Participating Interest…
Norwegian offshore vessel operator DOF has secured long-term charters for a trio of anchor handling units with Petrobras in Brazil.DOF said Tuesday Petrobras had awarded its Skandi Urca and Skandi Fluminense vessels 2+2 year contracts with the start in September 2020…
Brazilian oil workers' union and oil company Petrobras have this week dismissed reports of a helicopter crash in the Campos basin, as fake news.Union SindipetroNF issued a statement is which it said that the 'news published in some media on Monday…
Brazilian oil firm Petrobras has said it has made oil discoveries in the pre-salt areas of the Santos and Campos Basins offshore Brazil.Petrobras said Monday it had discovered oil of excellent quality in the southeast area of the Búzios field in the Santos Basin pre-salt…
Brazilian oil company Petrobras has sold its Nigeria-focused subsidiary for around $1,5 billion.Petrobras said Wednesday it had completed the sale of its 50% equity interest held in Petrobras Oil & Gas B.V. (PO&GBV).PO&GBV has assets in Nigeria…
Norwegian offshore vessel owning giant Solstad Offshore ASA has bagged contract extensions for two of its anchor handling support vessels for Petrobras in Brazil.'Petrobras has declared their options to extend the contracts for the two AHTS´s Far Scout and Far Santana with 1 year…
Brazilian state-run oil company Petroleo Brasileiro SA, or Petrobras, posted a long-awaited production boost in July after a disappointing June, as it ramped up production in the promising offshore 'pre-salt' region.In a presentation to discuss record quarterly profits…
Brazilian state-controlled oil company Petróleo Brasileiro SA said on Friday it had made a $700 million payment to oil services provider Vantage Drilling Company in a case involving a contract that it had terminated.Petrobras, as the oil company is known…
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 oil firm in its bid to reduce debt.Petrobras, as the company is known, has set a June 5 deadline to receive…
Brazilian state-run oil firm Petroleo Brasileiro SA will record a 1.3 billion-real ($326 million) provision in its first-quarter results due to an ongoing dispute with a bankrupt rig lessor, it said on Thursday.In a securities filing, Petrobras…
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