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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…
Oil & Gas Supply
SBM Offshore’s Behemoth FPSO Steps Into Brazil To Work At Petrobras’ Mega Deepwater Field
The Netherlands-based SBM Offshore is closing in on the first oil from its new floating production, storage, and offloading (FPSO) unit as the vessel has reache…
LNG
Saipem Cheers Overturning of Two-Year Ban on Public Contracting Activity in Brazil
After the Controladoria-Geral da União (CGU) looked into accusations against Saipem, a subsidiary of the Italian energy multinational Eni, regarding invo…
Oil & Gas Trade
ABS Brings Swiss Player on Board FPSO Project Being Undertaken for Petrobras
FPSO Almirante Barroso operating on the Búzios field in the pre-salt layer of the Santos Basin; Source: Petrobras News AgencyThe American Bureau of Shipp…
Oil&Gas Drilling
Brazil’s Petrobras to Pump Natural Gas From Reopened Offshore Well
Brazil's state-run oil company Petrobras logo is pictured at its building in Rio de Janeiro, Brazil July 17, 2023. REUTERS/Ricardo Moraes/File Photo Purchas…
Oil & Gas Trade
Petrobras Wants a 40% Stake in Galp’s Mega Oil Block in Namibia, Director Says
Brazil?s state-run oil company Petrobras logo is pictured at its building in Rio de Janeiro, Brazil July 17, 2023. REUTERS/Ricardo Moraes/File Photo Purchase Li…
Oil Field
Fresh Multimillion-Dollar Gigs Take Technipfmc to Petrobras’ Oil Fields in Brazilian Waters
UK-headquartered energy technology provider TechnipFMC has landed two new subsea assignments with Brazil’s state-owned energy giant Petrobras, allowing it…
Oil & Gas Trade
Petrobras and Tgs Enter R&D Partnership in Brazil
Oslo-listed seismic data specialist TGS and Brazilian state-owned oil and gas giant Petrobras have signed a memorandum of understanding (MoU) to collaborate on …
Natural Gas
Brazil’s Petrobras Confirms Gas Discovery off Colombia
A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Phot…
Oil & Gas Trade
Ocyan Bags $134M Petrobras Service Deal on Buzios Field
Brazilian offshore service provider Ocyan, part of US-based institutional investor EIG, has signed a contract with Petrobras reportedly worth around 750 million…
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