Oct 16 (Reuters) - Colombia's Sirius project, developed off its Caribbean coast by state oil firm Ecopetrol and Brazil's Petrobras, has completed nearly half of consultations with local communities that could affected by the development, Petrobras' Colombia chief Alcindo Moritz said on Thursday. The companies said last December they had confirmed Colombia's largest ever gas discovery... Continue Reading →
SBM Offshore takes the lead in the dispute for the Sergipe Deepwaters Project FPSO contracts
Oct. 16 - SBM Offshore has taken a step forward in the race for the construction and operation contracts for the two offshore platform ships (FPSOs) for the Sergipe Deepwaters project (SEAP I and II). Petrobras opened the bids from its competitors on October 15. The Dutch company submitted the best offers, with a total... Continue Reading →
Petrobras Picks Halliburton for Deepwater Completions Job off Brazil
Oct. 16 (OE) U.S. oilfield services provider Halliburton has secured multiple contracts from Petrobras to provide completion and stimulation services for its deepwater fields offshore Brazil. The contracts entail vessel stimulation, intelligent completions, and safety valves services, using Halliburton’s engineering solutions. In the Búzios field, Halliburton will deploy its SmartWell intelligent completion technology to enable... Continue Reading →
Petrobras makes new oil discovery in the Pre-salt Aram block in the Santos Basin
Oct. 15 - Petrobras notified the National Petroleum Agency (ANP) about the discovery of oil traces in well 3-BRSA-1400A-SPS, in a water depth of 1,834 meters. The company drilled the well in mid-July using the West Auriga drillship. This was the fourth oil discovery in Aram this year alone. The others occurred in September, May,... Continue Reading →
Petrobras faces new environmental queries on Foz do Amazonas drilling license
Oct 14 (Reuters) - Brazil's environmental agency Ibama has requested additional information from state-run oil firm Petrobras as part of the licensing process for drilling in the Foz do Amazonas Basin, according to documents seen by Reuters on Tuesday. The agency also proposed a meeting on Thursday after a new technical report flagged "pending issues and... Continue Reading →
Petrobras Restarts Tupi Output, Strengthening Brazil’s Offshore Surge
Oct. 14 (oilprice.com) Brazil’s Petrobras has restarted production at its flagship Tupi offshore oilfield, restoring one of the country’s most productive pre-salt assets and adding momentum to Brazil’s rise as a top-five global oil producer. The Cidade de Angra dos Reis floating production vessel resumed operations this week after completing maintenance and compliance work ordered by Brazil’s oil... Continue Reading →
DOF Signs $200M in Vessel Contracts with Petrobras
Oct. 14 - Norwegian offshore supply vessel owner DOF Group has secured long-term contracts for two of its vessels with Petrobras for work offshore Brazil. The contracts, with a combined value of approximately $200 million, are for Skandi Chieftain high-spec subsea vessel and Skandi Olympia DP2 construction support vessel. The vessels have been awarded four-year... Continue Reading →
Brazil’s Petrobras set to supply 20% of country’s demand for nitrogen fertilizers in 2026
Oct 9 (Reuters) - Brazilian state-run oil company Petrobras will be able to deliver about 20% of the country's total demand for nitrogen fertilizers next year as it restarts operations at three local plants, CEO Magda Chambriard said on Thursday. Petrobras' Bahia and Sergipe plants, both in Brazil's northeastern region, are expected to supply 5% and... Continue Reading →
Brazil’s Petrobras faces $34 million cost as drillship sits idle in Foz do Amazonas
Oct. 9 (Reuters) - Brazilian state-run oil firm Petrobras has racked up 180 million reais ($33.7 million) in costs to keep a drillship on standby in the Foz do Amazonas basin, a company source and a local union said, as it awaits a regulator's decision on a drilling request. The NS-42 drillship arrived in August... Continue Reading →
Brazil’s PPSA Sets R$10.2B Minimum for December Pre-Salt Auction Bids
Oct. 8 - Brazil's government has set a minimum total payment of 10.2 billion reais for an upcoming auction offering stakes in three pre-salt oil fields already in production but not yet contracted, state-run firm Pre-Sal Petroleo (PPSA) said. The auction, scheduled for December 4 at the Sao Paulo-based B3 stock exchange, will offer stakes... Continue Reading →