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Oil Exploration
Brazil’s First as Fugro and Petrobras Complete Remote Subsea Inspection Survey
Dutch geo-data specialist Fugro and Brazilian oil and gas giant Petrobras have completed what they said is the first-ever remote subsea inspection survey off th…
Offshore Wind Power
Petrobras and Equinor Sign Agreement to Evaluate Seven Offshore Wind Projects in Brazil
During CERAWeek, Petrobras and Equinor have signed a letter of intent that expands the cooperation between the two companies to assess seven offshore wind power…
Offshore Wind Power
Petrobras, equinor to study seven offshore wind power projects Brazil
Petrobras and Equinor signed an agreement to assess the technical, economic and environmental feasibility of seven wind power generation projects off the Brazil…
Oil Pipeline
Former Petrobras Official To Lead Brazil’s State Run Oil Company
President-elect Lula da Silva names Jean Paul Prates to head the company amid renewables pushBrazil's president-elect Lula da Silva, announced that senator …
Oil & Gas Trade
New Petrobras’ FPSO Begins Production
Brazilian oil and gas company Petrobras has put into operation its new floating, production, storage and offloading (FPSO) vessel P-71, ahead of the expected st…
Brazil
Brazil's Transition Team Asks Petrobras CEO to Suspend Company's Divestment Plan
Brazil's government-elected transition team asked state-run oil company Petrobras' Chief Executive, Caio Mario Paes de Andrade, to suspend the company's divestm…
Oil Field
Chinese Oil Giant Spends $1.9 Billion on 5% Stake of Huge Brazilian Oilfield
China’s oil and gas giant CNOOC has paid Brazil’s Petrobras $1.9 billion to buy 5% in the production sharing contract for the huge Buzios offshore oilfield, t…
Natural Gas
Petrobras Nears Agreement to Sell Bolivia-Brazil Gas Pipeline to EIG
EIG could pay between $500m and $1bn for Petrobras' stake in Transportadora Brasileira Gasoduto Bolivia-Brasil.
CNOOC
Chinese Partner Paying over $2 bln to Petrobras for More Interest in Brazilian Field
Chinese oil and gas company CNOOC has sealed a deal with the Brazilian giant Petrobras, which will allow it to acquire an additional interest in the Búzios fie…
Thermal Plant
Petrobras Sells Three Thermal Power Plants in Bahia
The facilities will now be owned by São Francisco Energia S.A., a subsidiary of utilities company Global Participações em Energia S.A.
Natural Gas
Petrobras Restarts Production from Brazilian Gas Field Following Pipeline Repairs
After the repairs were carried out on the export pipeline’s subsea valve, the Brazilian oil and gas giant Petrobras has resumed gas production from the Manati …
Natural Gas
Brazil's Manati Field Gas Production Restart Awaits Pipeline Repairs
Brazilian Petrobras will take a week to make repairs to an offshore gas-export pipeline and restart production at the Manati Field, but the disruption won't aff…
Crude Oil
Brazil’s Oil Major Plans To Invest $68 Billion In Boosting Production
Brazil’s Petrobras plans to invest $68 billion in expanding its crude oil production, a figure that represents 84 percent of its total planned investments for …
Oil Shale
Petrobras Sells Shale Oil Unit to Canadian Bank
Brazil's state-run oil company Petrobras signed a contract to sell its Shale Industrialization Unit for $33 million to Forbes & Manhattan Resources
Oil Pipeline
Petrobras Closes Contaminated Gasoline Pipeline
Brazil's state-controlled Petrobras temporarily closed its 266km Opasc refined products pipeline because of sulfur contamination.
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