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Petrobras starts next phase of sale of assets in Campos Basin

  Brazil's state-run oil company Petroleo Brasileiro SA said on Tuesday it was initiating the next phase for its sale of exploration and production rights...

Spending recovering for offshore developments

  Expect a rebound in orders for floating production systems this year as oil and gas companies spend more during a recovery period, a British...

Risk rating agency downgrades Brazil and Bovespa breaks records

  It seems that the decline of Brazil's rating note by the rating agencies, Standard and Poor's, Fitch, values the shares, in the stock market....

25% royalties should up this year in Rio

  The combination of recovery of the oil barrel price increase Petrobras' production in pre-salt and the auction schedule will increase the collection of royalties...

Aker Solutions wins services contract from Petrobras in Brazil

  Aker Solutions won a contract to provide maintenance and modifications services for three platforms at Petrobras-operated oil and gas fields offshore Brazil, expanding its...

Petrobras Extends DOF Deal

  Norwegian shipping company DOF has been awarded an extension of a contract for one of its anchor handlers working in Brazil. "DOF and Petrobras have...

Deepwater development: outlook for 2018

1) South America – Brazil pre-salt reserves Royal Dutch Shell’s bids for three pre-salt blocks in Brazil’s deepwater Santos Basin in October provided proof of two...

Suez plan to increase action in Brazil

  One of the world leaders in water and waste management, the French group, Suez, plans to expand its operations in Brazil, where it has...

Petrobras Owes Brazil Billions, Unlikely to Pay in 2018, Minister Says

  Reuters - Brazilian state-controlled oil company Petroleo Brasileiro SA owes the government billions of dollars tied to offshore exploration rights but is unlikely to...

New regulations spur gas oil offshore investment surge

  Brazil secured an encouraging US$3 billion in bonus bids during key licensing rounds held last fall, according to a new report, which represents 23%...
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