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Sept. 22 (Reuters) Brazilian state-run oil company Petrobras' analysis of oil discovered at the Morpho exploration well in the offshore Foz do Amazonas basin showed it to be "very high quality" crude, an executive told Reuters on Monday. The crude found at the well could prove superior to oil produced from Brazil's prolific pre-salt fields,... Continue Reading →
Sept. 22 (OE) Petrobras, Shell and Strohm have completed a qualification and offshore field trial program for a thermoplastic composite pipe flowline designed for high-CO2 conditions in Brazil's deepwater pre-salt, clearing the way for a Petrobras pilot installation planned for early 2027. The joint industry program included full-scale qualification and offshore trials of Strohm's corrosion-free... Continue Reading →
September 19, 2026 – Petróleo Brasileiro S.A. - Petrobras announces that its Board of Directors, at a meeting held this Friday, September 18, approved the Company’s participation in the economic subsidy program for producers and importers of diesel fuel and its blending components, established by Provisional Measure No. 1,391, dated September 11, 2026. The Company’s... Continue Reading →
Sept. 18 (PN) Petrobras held the christening ceremony for the vessel Starnav Elektra this week in Rio. Built by the Detroit Shipyard in Itajaí (Santa Catarina), the Platform Supply Vessel (PSV) represents an investment of approximately R$ 450 million and is the first vessel delivered under the Open Sea Program (Programa Mar Aberto), an initiative... Continue Reading →
Sept. 17 - Petrobras informs that its wholly-owned subsidiary Petrobras Netherlands B.V. (PNBV) has signed, with the Republic of Côte d’Ivoire and PETROCI Holding, Production Sharing Contracts (PSCs) for eight offshore exploration blocks located in the Republic of Côte d’Ivoire. The PSCs cover the offshore blocks CI-513, CI-600, CI-601, CI-602, CI-603, CI-605, CI-701 and CI-702. Petrobras, through PNBV,... Continue Reading →
Sept 16 (Reuters) - Brazilian state-run oil firm Petrobras said on Wednesday it will hike diesel prices to distributors by an average of 1 real ($0.1941) per liter as of Thursday, while also giving a discount of the same amount. As a result of the moves, which followed the company's decision to enroll in a... Continue Reading →
Sept. 16 - Vallourec—a global leader in premium seamless tubular solutions—announces that it has secured a major contract with Subsea7 to supply seamless carbon steel line pipe and thermal insulation coating for the Sepia 2 project, developed by Petrobras in the pre-salt region of the Santos Basin, offshore Brazil. This award follows the EPCI (Engineering,... Continue Reading →
Sept. 14 - Petrobras has signed a long-term Liquefied Natural Gas (LNG) sale and purchase agreement with Sempra Infrastructure, a U.S. company and subsidiary of Sempra (NYSE: SRE). The agreement, signed at the end of August, provides for Petrobras to purchase 0.8 million tonnes per annum (mtpa) of LNG for a period of 20 years,... Continue Reading →
Sept. 14 (OE) Petrobras has awarded Strohm a contract to supply thermoplastic composite pipes for water injection and gas lift applications in Brazil's deepwater post-salt cluster, with the technology to be tested in water depths of up to 1,500 metres. The contract with Strohm and its subsidiary Strohm Brasil also covers qualification testing, project engineering,... Continue Reading →
Sept. 13 (agencuainfra.com) Petrobras is expected to approve the proposal submitted by the Malaysian builder and operator Yinson for the Albacora FPSO (P-88), a Petrobras project in the Campos Basin. Sources at the state-owned company told Agência iNFRA that, despite concerns raised privately by competitors, the project design complies with the requirements. Companies that participated... Continue Reading →
