Join our crew and become one of the 110,145 members that receive our newsletter.

brazil offshore industry


Sunday, December 3, 2023
Offshore Brazil Petrobras P-66 oil rig
Shipping

Brazil Never To Be Full Member Of OPEC+, Only Observer

By Jake Spring Dec 3 (Reuters) – Brazil will never join the OPEC+ group of oil-producing nations as a full member and instead only seeks to

December 3, 2023
Total Views: 1370

Tuesday, October 31, 2023
Subsea 7 stock photo
Offshore

Subsea 7 Awarded Major Mero 4 Field Development Contract by Petrobras

Subsea 7 S.A. has confirmed the award of a significant contract by Petrobras for the development of the Mero 4 field. The field is located approximately 200

October 31, 2023
Total Views: 1144

Saturday, October 28, 2023
offshore drilling rig brazil. Stock Photo: Shutterstock / marchello74
Offshore

Brazilian Oil Industry Gets Support From New Congressional Caucus

By Anthony Boadle BRASILIA, Oct 26 (Reuters) – Brazilian lawmakers have set up a congressional caucus to represent Brazil’s oil and gas industry,

October 28, 2023
Total Views: 693

Tuesday, May 30, 2023
offshore drilling rig brazil
Environment

A Coral Reef Threatens to Derail Brazil’s Best Bet on Oil Output Growth

(Bloomberg) — A reef habitat near the mouth of the Amazon River is threatening to derail Brazil’s biggest bet on expanding oil output. State-controlled

May 30, 2023
Total Views: 1003

Thursday, May 18, 2023
offshore drilling rig brazil. Stock Photo: Shutterstock / marchello74
Offshore

Brazil Blocks Drilling at Key Offshore Exploration Zone

(Bloomberg) — Brazil’s environmental authority has rejected Petrobras’s request to drill its first well at an offshore oil frontier known as the

May 18, 2023
Total Views: 2398

Saturday, January 21, 2023
tensioned leg platform papa terra p-61 mcdermott
Offshore

Oil Rig That’s Treading Water Is Costing Brazil $1 Million a Day

By Mariana Durao and Peter Millard (Bloomberg) –The conflict between Brazil’s ambitions to become a more responsible environmental steward while

January 21, 2023
Total Views: 10269

Monday, May 16, 2022
offshore drilling rig brazil. Stock Photo: Shutterstock / marchello74
Offshore

Shell Joins Exxon in Losing Brazil Bet

By Peter Millard (Bloomberg) — Expensive offshore exploration setbacks for international oil majors including Shell Plc and Exxon Mobil Corp. are

May 16, 2022
Total Views: 4141

Friday, December 17, 2021
offshore drilling rig brazil
Offshore

Total, Shell Emerge As Top Bidders in Brazil’s $2 Billion Offshore Auction

By Gram Slattery, Marta Nogueira and Sabrina Valle RIO DE JANEIRO, Dec 17 (Reuters) – France’s TotalEnergies , Royal Dutch Shell, Petrobras,

December 17, 2021
Total Views: 899

Monday, July 26, 2021
Drillship Offshore Brazil
Offshore

Oil Majors Hunt for One Last Big Discovery Off Brazil

Last year, Brazil was one of the few that raised output, adding more than any other non-OPEC country apart from Norway, and it wants to double crude output by

July 26, 2021
Total Views: 1117

Thursday, November 7, 2019
offshore drilling rig brazil. Stock Photo: Shutterstock / marchello74
Shipping News

Big Oil Stuns Brazil in Back-to-Back Auction Flops

By Marianna Parraga, Gram Slattery and Marta Nogueira RIO DE JANEIRO, Nov 7 (Reuters) – Major global oil firms snubbed a second Brazilian oil auction in

November 7, 2019
Total Views: 17

Wednesday, November 6, 2019
offshore drilling rig brazil
Offshore

Brazil’s Biggest-Ever Oil Auction a ‘Total Disaster’ as Bidders Stay Away

By Sabrina Valle, Peter Millard and Luiza Ferraz (Bloomberg) –Brazil’s largest-ever auction of oil deposits flopped, sending the real tumbling, after

November 6, 2019
Total Views: 35

Friday, October 19, 2018
offshore drilling rig brazil. Stock Photo: Shutterstock / marchello74
Offshore

Exxon Makes Major Bet on Brazil as Petrobras Eases Its Grip

By Sabrina Valle and Kevin Crowley (Bloomberg) — In a single year, Exxon Mobil Corp. has gone from being a tiny bit player in Brazil to the

October 19, 2018
Total Views: 28

Thursday, October 26, 2017
offshore drilling rig brazil. Stock Photo: Shutterstock / marchello74
News

Big Oil Is Heading to Rio With $50 Crude No Longer a Nightmare

By Sabrina Valle and R.T. Watson (Bloomberg) – Leaner and fitter after three years of low prices, Big Oil is descending on Rio de Janeiro to join a

October 26, 2017
Total Views: 78

Thursday, October 29, 2015
How One Lone Oil Rig Embodies the Brazil Boom That Never Was
News

How One Lone Oil Rig Embodies the Brazil Boom That Never Was

  By Sabrina Valle and Peter Millard (Bloomberg) — Oil majors had big plans for Brazil, but you can’t tell by looking at the country’s offshore

October 29, 2015
Total Views: 69

Wednesday, October 7, 2015
Brazil’s Oil Auction Today Was a Total Bust
Offshore

Brazil’s Oil Auction Today Was a Total Bust

  By Jeb Blount, Marta Nogueira and Stephen Eisenhammer RIO DE JANEIRO, Oct 7 (Reuters) – Brazil attracted little interest in a new oil and gas

October 7, 2015
Total Views: 12

Tuesday, February 10, 2015
Petrobras Said to Interrupt Drilling at Biggest Brazil Discovery
News

Petrobras Said to Interrupt Drilling at Biggest Brazil Discovery

Petroleo Brasileiro SA halted drilling at its largest oil discovery in deep waters, two people with knowledge of the matter said, underscoring the technical

February 10, 2015
Total Views: 24

Thursday, October 10, 2013
Brazil Oil Union Plans Indefinite Strike
News

Brazil Oil Union Plans Indefinite Strike

Brazil's national oil worker's federation could start an indefinite strike on Oct. 17 if a pay dispute with state-run oil company Petroleo Brasileira SA is not

October 10, 2013
Total Views: 7

Tuesday, September 17, 2013
far senator farstad
News

Farstad Wins New Contracts Offshore Brasil

Farstad announced the winning of three new contracts today worth a total of NOK 150 million for operations offshore Brazil. The contracts consist of: Shell

September 17, 2013
Total Views: 21

Tuesday, May 14, 2013
boa galatea brazil exploration offshore emgs
News

$5 Billion of Brazilian Seafloor Up for Auction, Offshore Drillers Flock to Brazil

For the first time in five years, more than 60 oil companies are set to bid on exploration permits offshore Brazil, taking on risks of drilling in virgin

May 14, 2013
Total Views: 33

Monday, May 13, 2013
Petrobras Raises $11 Billion in Record Bond Sale
Offshore

Petrobras Raises $11 Billion in Record Bond Sale

Petrobas sold $11 billion of bonds abroad on Monday, the most ever for an emerging- market issuer, as it seeks to develop the biggest offshore oil find in the

May 13, 2013
Total Views: 17
close

JOIN OUR CREW

Maritime and offshore news trusted by our 110,145 members delivered daily straight to your inbox.