Petrobras recently started drilling two new wells in the region, in the North of Brava and Aram blocks, which are located in the Campos and Santos basins, respectively. In Aram, the adjacent pioneer exploratory well 4-BRSA-1395-SPS is in a water depth of 1,757 meters, with drilling being carried out by the Valaris DS-4 rig. The... Continue Reading →
Petrobras hires another drillship for work at two oil fields offshore Brazil
(offshore-energy.biz) Ventura Offshore Midco, a subsidiary of the Brazilian deepwater offshore drilling contractor Ventura Offshore, has secured a long-term drillship contract with Petrobras, a compatriot state-owned energy giant, for operations at two oil field developments off the coast of Brazil. Just like Seadrill, which won a drilling deal for 1,095 days plus extension options after a competitive tender,... Continue Reading →
Petrobras announces redemption price for 6.250% Global Notes due 2026
Petróleo Brasileiro S.A. – Petrobras announces that its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”) has delivered notices to the holders of the outstanding 6.250% Global Notes due 2026 (the “Notes”) announcing the redemption price for the Notes. As previously announced, the redemption date for the Notes will be December 23, 2024 (the “Redemption Date”).... Continue Reading →
Fugro to Perform Fully Remote Subsea Surveys for Petrobras Off Brazil
(OE) Petrobras has signed a 175-day addendum to Fugro’s current inspection, repair and maintenance services contract, performed by the Fugro Aquarius, to include fully remote subsea inspection surveys of shallow-water infrastructure in Brazil. Work will begin in January 2025, leveraging Fugro’s advanced Blue Essence uncrewed surface vessel (USV) and Blue Volta electric remotely operated vehicle... Continue Reading →
Expro Teams Up with Petrobras for New Well Flowmeter Tech
U.S.-based oilfield services provider Expro has signed a technology agreement with Petrobras for the development of a new non-intrusive flowmeter for the optimization of production from oil and gas wells. The technology will provide flow rates and identify flow patterns, generating online and real-time data availability for control and monitoring of slug instabilities to increase... Continue Reading →
Petrobras Hires Constellation’s Drillship for Work Offshore Brazil
Offshore drilling contractor Constellation has secured a contract with Petrobras for its ultra-deepwater drillship Amaralina Star, which will operate offshore Brazil, covering remote areas of frontier exploration, such as the Equatorial Margin and Pelotas Basin. The value of the agreement is approximately $528 million, which includes around $39 million mobilization fee and additional integrated services... Continue Reading →
Petrobras to use Nasa technology to monitor the Equatorial Margin
Petrobras has been accepted into the Early Adopters program of the NISAR (Nasa-ISRO Synthetic Aperture Radar) mission, a joint project between the American space agency and the Indian Space Research Organization to develop and launch, in 2025, an unprecedented SAR (Synthetic Aperture Radar) satellite image collection system for Earth observation. The images will be used... Continue Reading →
FPSO Alexandre de Gusmão Leaves China on Its Way to Brazil for the Mero Field
The FPSO (Floating Production, Storage, and Offloading Unit) Alexandre de Gusmão left China today, December 16, heading towards the Mero oil field in the pre-salt layer of the Santos Basin. The platform, leased by Petrobras in partnership with SBM, can produce 180,000 barrels of oil per day and compresses 12 million cubic meters of gas... Continue Reading →
Petrobras returns to the Dow Jones Sustainability Index
Petróleo Brasileiro S.A. - Petrobras informs that it will return to the Dow Jones Sustainability Index World (DJSI World) of S&P Global's Corporate Sustainability Assessment as of February 2025. This year, the company qualified for the index by outstanding performance in the criteria related to water resource management, human capital management, community relations and climate... Continue Reading →
Kongsberg to Work on Six Hybrid CMM’s PSVs Bound for Petrobras Ops
(OE) Kongsberg Maritime has signed a contract with Compagnie Maritime Monegasque (CMM) to deliver advanced ship design and technology for six hybrid platform supply vessels (PSVs), with oil spill recovery capacity, which will support Petrobras’ offshore operations. CMM was ranked first in Petrobras’ tender for six state-of-the-art, hybrid large multipurpose 5,000 DWT PSVs with oil... Continue Reading →