brazil offshore industry

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

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)

(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

SAO PAULO–The head of Brazil’s national petroleum agency, ANP, said Thursday the suspension of operations by Transocean Ltd. (RIG) in the country

SAO PAULO–Brazilian billionaire Eike Batista on Thursday reshuffled the senior management at his oil and ship-building companies, which have seen their

Statoil and its partner Sinochem announced today their agreement to purchase the Peregrino FPSO from Maersk. The floating production, storage and offloading

RIO DE JANEIRO (Dow Jones)–The Brazilian Navy confirmed Thursday that an oil slick has been spotted off the coast of Espirito Santo state, with a team

Noble Corp.’s (NE) first-quarter profit more than doubled, topping Wall Street expectations as the offshore driller’s contract dayrates increased.

RIO DE JANEIRO (Dow Jones)–Brazil’s offshore oil industry could tap $1.1 billion in funding for research and development in 2012 to meet the

Norwegian-based shipbuilder and ship design firm ULSTEIN said today that it has delivered the first of 6 new platform supply vessels to be built in Brazil. 

A Brazilian prosecutor plans to file criminal charges against Chevron Corporation and some of its managers for their role in the Frade oil spill that occurred

HOUSTON (Dow Jones)–Chevron Corp. (CVX) said Tuesday that it successfully contained the flow from a deep-water appraisal well offshore Brazil suspected

Caterpillar (NYSE:CAT) said today that it has secured a contract to power 16 offshore supply vessels for use in the Brazilian offshore market. Caterpillar