(Reuters) - Brazil's Petrobras should analyze an appeal filed by India's Shapoorji Pallonji Energy in the tender to charter an offshore oil production vessel this week, the state-run oil firm's head of engineering, technology and innovation, Renata Baruzzi, said on Tuesday. WHY IT'S IMPORTANT The Indian company was the only one to bid on chartering a... Continue Reading →
Petrobras reports results of exploratory well in Campos Basin pre-salt
Petróleo Brasileiro S.A. - Petrobras informs that it has identified the presence of hydrocarbons in the Campos Basin pre-salt, in an exploratory well of Norte de Brava block. Well 1-BRSA-1394-RJS is located 105 km from the state of Rio de Janeiro, at a water depth of 575 meters. The drilling of the well has been... Continue Reading →
Baker Hughes to Deliver Completions Systems for Petrobras’ Offshore Field
(OE) Energy technology company Baker Hughes has signed a multi-year agreement with Petrobras to deliver fully integrated completions systems for its offshore deepwater fields. The award followed an open tender and will leverage Baker Hughes’ innovative completions technology portfolio and extensive experience in Brazil to optimize production across multiple deepwater fields. A range of technologies... Continue Reading →
TEN orders 9 eco-friendly shuttle tankers in South Korea for Petrobras charter
South Korea’s major Samsung Heavy Industries (SHI) has clinched a ‘major’ contract worth KRW 1.9 trillion (approximately $1.34 billion) for the construction of nine environmentally friendly DP2 Suezmax shuttle tankers. As disclosed in a stock exchange filing by SHI, the newbuilds are due for delivery by the end of 2028. In a separate statement, Greek... Continue Reading →
Petrobras informs about the payment of remuneration to shareholders
Petróleo Brasileiro S.A. – Petrobras, following up on the Material Facts/Communications published on 11/07/2024, 12/10/2024 and 03/13/2025, informs that it will make today the payment of the second installment of shareholder remuneration relating to the balance sheet of September 30, 2024. The gross amount to be distributed today corresponds to R$ 0.68143913 per common and... Continue Reading →
Petrobras Extends Skandi Buzios Pipelay Vessel’s Stay Off Brazil
Petrobras has extended the long-term contract for Skandi Buzios pipelay support vessel (PLSV), owned and operated by joint venture between DOF and TechnipFMC. The existing contract has been extended from April 2025 to September 2026. The PLSV Skandi Buzios went back on-hire to Petrobras on August 1, 2024. The 146-meter-long Skandi Buzios, built in 2016,... Continue Reading →
Indian Company appeals Petrobras decision on the Barracuda and Caratinga FPSO contract
(PN) In a last-ditch effort to take home a billion-dollar contract and enter the Brazilian market, Indian company Shapoorji Pallonji Energy filed an appeal with Petrobras to try to reverse the cancellation of the bidding process for the new Barracuda and Caratinga FPSO. The bidding process for the platform was launched in August 2023. Only... Continue Reading →
Petrobras CEO meets with President of Guyana
The president of Petrobras, Magda Chambriard, met this Thursday, 13/03, with the president of Guyana, Mohamed Irfaan Ali. They participate in CeraWeek, an Energy conference held in Houston, USA. Magda and Irfaan Ali discussed opportunities in the exploration and production of oil in Guyana's deep waters and other possibilities for South-South cooperation, aimed at the... Continue Reading →
Petrobras reports results of exploratory well in Santos Basin
Petróleo Brasileiro S.A. - Petrobras informs that it has identified the presence of hydrocarbons in the Santos Basin pre-salt, in an exploratory well of Aram block. Well 4-BRSA-1395-SPS is located 245 km from the city of Santos-SP, at a water depth of 1,759 meters. The well is currently being drilled, and the hydrocarbon-bearing interval has... Continue Reading →
Brazil’s Petrobras in talks with US LNG suppliers for long-term deal, executive says
(Reuters) - Brazil's state-run oil firm Petrobras is in talks with U.S. liquefied natural gas (LNG) suppliers for a long-term import deal, a Petrobras executive said. Brazil is Latin America's largest oil producer, but consumes more gas than it produces and relies on imports to fill the gap. Petrobras buys pipeline gas from neighbor Bolivia and... Continue Reading →