brazil offshore industry

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

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

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

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

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

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

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

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

  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

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

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

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

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

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

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

A new vista is competing with the sun, surf and swimsuits at Rio de Janeiro’s iconic Copacabana and Ipanema beaches: a traffic jam of cargo ships

Damen Shipyards announced today the delivery of two, PSV 4500 platform supply vessels, plus another four which are currently under construction and destined

General Electric Co. (GE) and Brazilian energy company Petroleo Brasileiro (PBR, PETR4.BR) have signed the world’s largest subsea wellhead production

HOUSTON–A Brazilian appeals court has denied a request by the national oil regulator to suspend an injunction barring Transocean Ltd. (RIG) and Chevron

RIO DE JANEIRO–A federal court in Brazil will allow one of the executives charged in a criminal lawsuit related to a November spill at an offshore