Maersk Supply Service has announced a major contract win that involves pre-laying mooring anchors for the newbuild Mero 2 floating production storage and offloading (FPSO) facility offshore Brazil. The contract, awarded...

Keppel Offshore & Marine has been awarded a $2.3 billion contract to build a Floating Production, Storage and Offloading (FPSO) vessel for Brazil’s national oil company Petrobras. Named P-78, the...

By Gram Slattery and Sabrina Valle RIO DE JANEIRO, Dec 11 (Reuters) – Federal prosecutors in Brazil filed a civil lawsuit against Danish shipping company Maersk and former executives representing the firm...

Sept 29 (Reuters) – Golar LNG said on Tuesday Hygo Energy Transition Ltd Chief Executive Officer Eduardo Antonello has taken leave of absence with immediate effect, following a corruption investigation...

By Peter Millard (Bloomberg) –Royal Dutch Shell Plc has just drilled a dry hole in Brazil’s premier offshore region, a sign state-controlled Petrobras may have already grabbed the best oil...

RIO DE JANEIRO, Oct 29 (Reuters) – Oil slicks washing up on beaches along more than 2,000 kilometers (1,240 miles) of Brazil’s northeast coastline could be the worst environmental “attack”...

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...

By Carolina Mandl SAO PAULO, Sept 27 (Reuters) – Petróleo Brasileiro SA will pay an $853.2 million fine to settle charges that former executives and directors of the state-run Brazilian...

BRASILIA, July 12 (Reuters) – Brazilian federal prosecutors on Thursday charged the former chief executive of U.S. oil services company Vantage Drilling with corruption and money laundering, accusing him of...

By Brendan Pierson NEW YORK, Jan 3 (Reuters) – Brazil’s state-controlled oil company, Petroleo Brasileiro SA, said Wednesday that it has agreed to pay $2.95 billion to settle a U.S....

A drillship worker was killed last week in an accident on the rig floor of a Petrobras-contracted drillship in the U.S. Gulf of Mexico about 172 miles south of Port...

By Aluisio Alves and Marta Nogueira SAO PAULO/RIO DE JANEIRO, Nov 6 (Reuters) – Brazil’s state-controlled oil company Petroleo Brasileiro SA has asked Odebrecht’s offshore drilling arm to halt operations...

SAO PAULO, June 9 (Reuters) – Brazil’s state-controlled oil company Petroleo Brasileiro SA on Friday reported an explosion on the NS 32 drill ship, which is operated by Odebrecht Óleo...

By Marta Nogueira (Reuters) – The transportation unit of Brazil’s state-controlled oil company Petrobras said on Thursday that it planned to cancel orders for 17 tankers and other vessels designed to upgrade...

By Sabrina Valle and Samy Adghirni (Bloomberg) — Brazil’s Congress voted on Wednesday night to open up its pre-salt oil fields to foreign investors by scrapping Petroleo Brasileiro SA’s obligation to...

The platform supply vessel UP Safira suffered a fire Tuesday in Macaé, Brazil. The vessel is currently on a 4-year charter contract with Petrobras, which commenced in October 2014. The...

May 27 (Reuters) – Brazilian police said this week they were investigating local units of three international steelmakers in a massive corruption investigation involving the country’s state-run oil company, Petroleo...

By Aradhana Aravindan SINGAPORE, April 27 (Reuters) – Singapore rig-builder Sembcorp Marine’s quarterly profit halved as customers deferred projects, and it faces prolonged uncertainty on contracts from its biggest client,...

By Guillermo Parra-Bernal SAO PAULO, April 20 (Reuters) – Shareholders in Sete Brasil Participações SA voted on Wednesday to allow the ailing rig lessor to seek bankruptcy protection after efforts...

By Guillermo Parra-Bernal and Aluísio Alves SAO PAULO, April 4 (Reuters) – State-controlled Petróleo Brasileiro SA unsuccesfully sought the appointment of arbiters to rework a long-term contract with debt-laden drilling...