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SBM Offshore sells minority stake in FPSO Sepetiba

SBM Offshore has divested a minority interest in the FPSO Sepetiba project to two Japanese companies following ...

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SBM firms up Sepetiba FPSO contract with Petrobras

SBM Offshore has signed contracts with Petrobras for the 22.5 years lease and operation of FPSO Sepetiba.

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Petrobras five-year capex at $75.7B

Brazilian oil company Petrobras plans to invest $75.7 billion over the next five years, sell up to $30b worth of ...

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Sapura nabs $147 million in E&C and drilling contracts

Contracts secured in Malaysia, Mozambique, and Brazil

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Norway's oil fund removes Petrobras from watchlist

Norway's central bank Norges Bank has revoked „the observation” of the Brazilian oil company Petrobras.

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No one in Brazil is keen on OPEC diet, Rystad says

At an October forum in Saudi Arabia, Brazil’s president Jair Bolsonaro suggested that he would like to see Brazil ...

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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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