Brazil's state-run oil firm Petrobras cut $1.1 billion in planned investments in decommissioning oil and gas platforms in its strategic plan for the 2025-2029 period, compared to what was earmarked in its 2024-2028 plan, the company told Reuters…
Brazil's state-run oil firm Petrobras PETR4.SA cut $1.1 billion in planned investments in decommissioning oil and gas platforms in its strategic plan for the 2025-2029 period, compared to what was earmarked in its 2024-2028 plan, the company told Reuters…
Petrobras and its partner Ecopetrol have confirmed the largest gas discovery in the history of Colombia with the drilling of the Sirius-2 well in the Gujaira Basin, which has the potential to increase the country’s current reserves by 200%.The drilling of Sirius-2…
Brazilian prosecutors asked state-run oil firm Petrobras to do more studies before drilling off the coast of the Amazon rainforest, citing potential effects of extreme weather on tides, according to documents filed on Monday to environmental agency Ibama…
Petrobras has initiated a new contracting process for the construction of up to two FPSO-type oil production units for the Sergipe Deep Waters (SEAP) project in the Sergipe-Alagoas Basin.The contracting method will be Build, Operate and Transfer (BOT)…
Brazilian oil and gas firm Petrobras has started the teaser stage for the transfer of its 25% minority stake in the Tartaruga field, located in the town of Pirambu-SE, in shallow waters of the Sergipe-Alagoas Basin, operated by SPE Tiêta (Petrorecôncavo)…
Norwegian offshore vessel owner Solstad Offshore has secured multiple new contracts and contract extensions, whose combined value is $60 million.Solstad secured one new contract, and one contract extension from Petrobras, for work offshore Brazil…
Offshore drilling contractor Seadrill has welcomed West Auriga and West Polaris drillships back to its fleet, which are now entering final preparations ahead of their assignments for Petrobras offshore Brazil.West Polaris and West Auriga are sixth and seventh generation ultra-deepwater drillships…
Malaysia-based offshore services firm Sapura Energy, through its wholly owned subsidiary Sapura Fabrication, has secured a contract from Petrobras for offshore maintenance, construction, modification and hook-up and commissioning services for the Sarawak asset…
The floating production, storage, and offloading (FPSO) unit Almirante Tamandaré, built by SBM Offshore, has arrived to Brazil ahead of installation at Petrobras’ Búzios field in the Santos Basin.The Almirante Tamandaré FPSO has been built with the capacity to produce 225…
Energy technology company Baker Hughes has signed ‘significant’ contracts with Petrobras to provide flexible pipe systems that will be deployed across several oil and gas fields offshore Brazil.Baker Hughes will provide 77 km of flexible pipe systems…
Petrobras has announced plans to invest $10.5 million in a new sea wind testing and measuring phase by releasing new BRAVO buoy units to collect, monitor, and assess offshore wind resources.The technology, designed for the Brazilian sea, is…
Brazil state-run firm Petrobras plans to bring oil production at its Tupi oil field back to 1 million barrels per day (bpd) in 2027, as it plans new investments in the asset, its director for exploration and production Sylvia dos Anjos told Reuters on Thursday…
SBM Offshore has completed the divestment of a 13.5% ownership interest in FPSO Sepetiba, deployed at Petrobras’ Mero field offshore Brazil, to China Merchants Financial Leasing (Hong Kong) Holding Co (CMFL).SBM Offshore is operator of the FPSO…
American Bureau of Shipping (ABS) has secured a contract to provide and test a digital twin solution for real-time condition monitoring for a Petrobras floating production, storage and offloading (FPSO) unit.The ABS solution will provide a digital twin of the asset…
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