brazil

(Bloomberg) — Billionaire Eike Batista is struggling to reach his goal of luring $40 billion to an industrial port complex in Rio de Janeiro state after

(Bloomberg) — Transocean Ltd., the world’s biggest offshore driller, can keep renting equipment to Petroleo Brasileiro SA after Brazil’s top

With Petrobras, and thus Brazil, standing to lose $3 billion or more in lost revenues due to missed oil and gas production targets,  the head of

(Bloomberg) — Petroleo Brasileiro SA, the world’s biggest oil producer in deep waters, asked Brazilian courts and regulators to override a ruling

RIO DE JANEIRO–Brazilian state-run energy giant Petroleo Brasileiro (PBR, PETR4.BR) said Friday it was taking legal action to lift an injunction barring

Transocean Ltd. (NYSE: RIG) (SIX: RIGN) announced today that at approximately noon Rio De Janeiro time (11 a.m., ET), the federal court in Rio de Janeiro

RIO DE JANEIRO–Brazilian billionaire entrepreneur Eike Batista is in early talks to merge his shipbuilding and oilfield-services company, OSX Brasil

With an estimated 250 extra OSV’s needed to support Brazil’s offshore oil and gas industry by 2020, Brazilian private equity fund P2 has promised

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

(Bloomberg) — Petroleo Brasileiro SA’s plan to boost oil production is being threatened by a court ruling that bans drilling contractor Transocean

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

Sembcorp Marine’s subsidiary Jurong do Brasil Prestacao de Services Ltda (JDB) announced today that they have secured a US$674 million contract for the

RIO DE JANEIRO–Brazilian state energy company Petroleo Brasileiro S/A (PBR, PETR4.BR), or Petrobras, said Tuesday that it had started work to convert an

Petrobras has awarded a more than $900 million contract to OSX to integrate two floating production units, with the option for a third. RIO DE

Petrobras announced today they have signed contracts with Sete Brasil, Odebrecht and Etesco to charter and operate nine drillships. These ships will be built

AMAZONAS, the first of three BAE Systems built Ocean Patrol Vessels being delivered the Brazilian Navy, departed the UK for Rio de Janeiro this morning after

Singapore-based Sembcorp Marine announced today that they have secured contracts worth approximately USD $4 Billion from Sete Brasil ParticipacÇ’es S.A.

Petrobras signed contracts today with Sete Brasil, Queiroz Galvão, Petroserv, Odebrecht, Odfjell and Seadrill for the chartering and operation of 12

SAO PAULO–The head of Brazil’s national petroleum agency, ANP, said Thursday a court order for Transocean Ltd. (RIG) to suspend operations in the

RIO DE JANEIRO–U.S. oil major Chevron Corp. (CVX) and drilling company Transocean Ltd. (RIG) face another legal hurdle in Brazil, where a court late