06/07/2017 | According to foreign analysts, the increase in production and the high level of productivity of Brazil's pre-salt oil blocks are expected to help the government attract investments from major international operators in the upcoming October oil auctions. US ExxonMobil, Malaysia's Petronas, and Russia's Rosneft and Gazprom should come with everything. Exxon, the world's... Continue Reading →

Rio de Janeiro, July 6, 2017 – Petróleo Brasileiro S.A. – Petrobras informs that it has initiated the disclosure phase of the Teaser for the full sale of its stake in the Maromba Field, in the Campos Basin. In this project, Petrobras, which is the operator with 70% stake, and Chevron Brasil Petróleo Ltda., which... Continue Reading →

Thu Jul 6, 2017  Oil production from the first rig to operate in Brazil's Libra area will not start in July as previously planned due to problems installing equipment, Ibsen Flores Lima, president of state-controlled Pré-Sal Petróleo SA, said on Thursday on the sidelines of a conference. Libra is one of the largest oil reserves... Continue Reading →

Wed Jul 5, 2017  Petróleo Brasileiro SA halted production at its P-62 platform in the Campos basin due to an accident that left three people injured, the state-controlled oil company said on Wednesday. In a statement, Petrobras, as the company is known, said the accident happened at 8:20 a.m. local time (1120 GMT) and led... Continue Reading →

Geotechnical, survey, subsea and geosciences services provider Fugro has been awarded a further two-year contract by Petrobras for inspection, repair, and maintenance (IRM) and pipeline inspection services in Brazil. Fugro said on Tuesday that the new award followed the company’s completion of an initial 12-month contract for the oil major, after taking delivery of the... Continue Reading →