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PetroRio buys remaining stake in Frade field for $100M

Brazil’s state-owned Petrobras has signed a contract with PetroRio for the sale of 30% stake in the Frade ...

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Samsung Heavy to pay $75M in drillship bribery case settleme

Samsung Heavy Industries paid millions of dollars to a Brazilian intermediary to secure a drillship sale contract

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Petrobras to become world’s largest oil producer by 2030?

Brazil’s Petrobras is on track to become the world’s largest oil producer among publicly listed companies by 2030, ...

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Petrobras produces first oil at P-68 FPSO off Brazil

Petrobras has started oil and natural gas production at platform P-68 in the Berbigão field, in the Santos Basin ...

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Japanese companies to invest in FPSO for Búzios field

Four Japanese companies have decided to proceed with the deepwater FPSO charter project for the Petrobras-operated ...

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RigNet to supply comms solutions to six Petrobras FPSOs

Offshore telecommunication services provider RigNet has signed a multi-year agreement with Petrobras to supply O3B ...

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Brazil's offshore bidding round 'a disaster'

Brazil’s offshore oil and gas auction that had been described as the largest ever came short of expectations. The ...

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Report: Petrobras sells ultra-deepwater drillship for $15M

Brazilian oil company Petrobras has reportedly managed to sell the ultra-deepwater drillship after its first ...

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Higher production, divestments boost Petrobras' 3Q result

Brazil’s Petrobras reported an increase in 3Q net income, largely reflecting the increase in oil and gas production ...

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Petrobras, Brazil top FPSO deployment charts

Petrobras and Brazil will continue to dominate deployment of global FPSOs over the next five years

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Petrobras orders another FPSO from MODEC

Japan's MODEC has received a letter of intent for the supply, charter, and operations of an FPSO vessel for Marlim ...

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Yinson to provide FPSO for Marlim project

Yinson has been awarded two letters of intent by Petrobras for the charter, operations and maintenance of FPSO ...

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SBM Offshore closes Brazil legacy case

Dutch FPSO operator SBM Offshore has confirmed a formal closure of its Brazil legacy case related to legacy bribery ...

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Sete Brasil reaches settlement with Singapore's rig builders

Brazilian drilling contractor Sete Brasil has reached agreements with Singapore's rig builders Keppel Offshore & ...

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SembMarine's shipyard delivers new FPSO to Petrobras

Sembcorp Marine’s Brazilian shipyard, Estaleiro Jurong Aracruz, has completed an FPSO project for Petrobras. 

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Weatherford lands largest ever fishing contract

Weatherford

Oilfield service company Weatherford has signed an $87 million contract for fishing and intervention services with ...

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Solstad Offshore in double win in Brazil

Norwegian offshore vessel owner Solstad Offshore has been awarded contract extensions for two of its anchor ...

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Petrobras: Binding phase starts for Garoupa Cluster sale

Brazilian oil firm Petrobras has said that the binding phase has started for the sale of 11 shallow water fields in ...

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Petrobras awards extension to DOF anchor handler

Norskan, a Brazilian subsidiary of Norwegian shipping company DOF, has been awarded a contract extension for an ...

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Torpedo piles to keep Mero 1 FPSO in place

Brazilian engineering and construction firm Delp will deliver subsea torpedo piles for the anchoring system ...

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MODEC cleaning up after oil spill off Brazil

Japanese FPSO operator MODEC is working to clean up and disperse the remaining oil following an oil spill on the ...

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