Robot for underwater inspections is developed by Petrobras

Petrobras started the licensing process for the Auri robot, Autonomous Underwater Riser Inspection, a technology patented and developed by Petrobras in partnership with PUC-Rio. Equipped with high resolution cameras and remotely operated, the AURI is able to identify, with high precision, maintenance needs in the flexible pipelines that transport oil from subsea facilities to production... Continue Reading →

Brazil hikes key interest rate ninth straight time

Brazil's central bank raised its key interest rate for the ninth straight time Wednesday, as Latin America's biggest economy continues to reel from surging inflation, now exacerbated by the Ukraine war. The bank's monetary policy committee raised the benchmark Selic rate by one percentage point, to 11.75 percent, in line with analysts' forecasts, citing inflation... Continue Reading →

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