Thursday, November 7, 2019
offshore drilling rig brazil
Maritime 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 a row on Thursday,...

November 7, 2019
Total Views: 2

Wednesday, November 6, 2019
offshore drilling rig brazil
Offshore News

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 state-controlled Petroleo Brasileiro SA did most of the bidding...

November 6, 2019
Total Views: 3

Friday, October 19, 2018
offshore drilling rig brazil
Maritime News

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 second-largest holder of oil exploration...

October 19, 2018
Total Views: 2

Thursday, October 26, 2017
offshore drilling rig brazil
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 deep-water bonanza...

October 26, 2017
Total Views: 7

Thursday, October 29, 2015
Maritime 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 drilling these days. After...

October 29, 2015
Total Views: 6

Wednesday, October 7, 2015
Offshore News

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 exploration rights auction on...

October 7, 2015
Total Views: 1

Tuesday, February 10, 2015
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 challenges facing the company’s new management team.

February 10, 2015
Total Views: 2

Thursday, October 10, 2013
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 resolved.

October 10, 2013
Total Views: 0

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 Brasil: A 6 month contract...

September 17, 2013
Total Views: 0

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 waters.

May 14, 2013
Total Views: 2

Monday, May 13, 2013
Offshore News

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 Americas in more than 30 years.

May 13, 2013
Total Views: 0

Tuesday, December 11, 2012
Offshore News

Idling Ships Cause Complaints Along Rio de Janeiro Seafront

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 belching exhaust that has...

December 11, 2012
Total Views: 0

Friday, October 5, 2012
talha mar osv damen
Engineering News

Wilson, Sons Delivers Pair of CAT-powered PSVs to Brazilian Customer, 4 More on the Way

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

October 5, 2012
Total Views: 2

Tuesday, September 18, 2012
Offshore News

GE Inks Record Contract With Petrobas

General Electric Co. (GE) and Brazilian energy company Petroleo Brasileiro (PBR, PETR4.BR) have signed the world’s largest subsea wellhead production contract, worth nearly $1.1 billion, as GE looks to boost...

September 18, 2012
Total Views: 2

Wednesday, September 12, 2012
Offshore News

Transocean CEO: Brazil Injunction is Unwarranted and Flawed

HOUSTON–A Brazilian appeals court has denied a request by the national oil regulator to suspend an injunction barring Transocean Ltd. (RIG) and Chevron Corp. (CVX) from operating in the country, Transocean Chief...

September 12, 2012
Total Views: 1

Thursday, September 6, 2012
Offshore News

Brazil Court Allows Chevron Exec to Leave Country

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 oil field operated by U.S. major Chevron...

September 6, 2012
Total Views: 0

Tuesday, August 28, 2012
Offshore News

Brazil Court Upholds Chevron, Transocean Ban

RIO DE JANEIRO–A Brazilian court on Tuesday upheld an injunction that bars U.S. oil major Chevron Corp. (CVX) and drilling company Transocean Ltd. (RIG) from operating in Brazil, but a...

August 28, 2012
Total Views: 0

Thursday, August 23, 2012
Offshore News

BP’s Chopping Block: Next Up, Brazil’s Polvo Field

(Bloomberg) — BP Plc, the energy company that paid $3.2 billion last year to start exploring off the coast of Brazil, plans to sell its only producing oil field in...

August 23, 2012
Total Views: 2

Thursday, August 2, 2012
Offshore News

Brazil ANP Chief: Transocean Operation Suspension Unjustified

SAO PAULO–The head of Brazil’s national petroleum agency, ANP, said Thursday the suspension of operations by Transocean Ltd. (RIG) in the country wasn’t justified. Magda Chambriard, head of the ANP,...

August 2, 2012
Total Views: 0

Friday, June 29, 2012
Offshore News

Brazil’s Batista Does The Senior Management Shuffle

SAO PAULO–Brazilian billionaire Eike Batista on Thursday reshuffled the senior management at his oil and ship-building companies, which have seen their stocks lose heavily over the last two days amid...

June 29, 2012
Total Views: 2