Seadrill Erases $1.1 Billion Worth of Brazilian Offshore Drilling Work
Seadrill reports today contract extensions with Petrobras for their ultra-deepwater semi-submersible drilling rigs West Taurus and West Eminence will likely
Seadrill reports today contract extensions with Petrobras for their ultra-deepwater semi-submersible drilling rigs West Taurus and West Eminence will likely
Last week, a huge corruption scandal at Petrobras resulted in an entire change-out of the top leadership at the Brazilian energy major. A report by
By Sabrina Valle and Denyse Godoy (Bloomberg) — Petroleo Brasileiro SA Chief Executive Officer Maria das Gracas Foster and five of her top managers
Brazil's prosecutor-general Rodrigo Janot on Tuesday called for the replacement of state-controlled oil company Petrobras' top management and punishment of
MODEC announced today the FPSO Cidade de Mangaratiba MV24 achieved first oil in October at block BM-S-11 in Santos Basin offshore Brazil. The vessel is on
Brazil’s biggest money laundering and corruption scandal just got bigger with a high-level executive’s pledge to return $100 million and testify against
The FPSO Cidade de Ilhabela sailed away from the Niteroi-Rio based Brasa shipyard yesterday, enroute to block BM-S-9 at the Sapinhoá Field offshore Brazil
Japan's Prime Minister Shinzo Abe touted the success of his economic policies on a visit to Brazil on Friday and said it was time for the two nations to expand
By Sabrina Valle and Mario Sergio Lima July 24 (Bloomberg) — Petroleo Brasileiro SA’s vessel suppliers are urging Brazil to ease limits on
Profit at Petrobras, Brazil's state-led oil company, could be reduced by $15 billion between 2014 and 2018 if it had to suspend oil platform contracts with
Petrobras has awarded further subsea installation work to Saipem today within the Santos Basin Pre-Salt region utilizing their Field Development Ship 2 (FDS
RIO DE JANEIRO, April 16 (Reuters) – Brazil’s state-run oil company Petroleo Brasileiro SA and Japanese trading house Mitsui Corp will study
McDermott International has announced the successful installation this week of the P-61 Tension Leg Wellhead Platform (TLWP) for the PPT BV Joint Venture,
McDermott International’s Lay Vessel North Ocean 105 (LV105), a deepwater reeled pipelay installation vessel, will be heading to work at Brazil’s
Brazil's state-run oil company Petroleo Brasileiro SA could face new production stoppages on platforms in the Campos Basin if it does not resolve lingering
Farstad announced a major new charter contracts today with Petrobras worth upwards of USD $186 million for the IMR vessel Far Saga (2001, UT 745 L) and the
By Jeb Blount and Sabrina Lorenzi RIO DE JANEIRO, Oct 21 (Reuters) – Brazilian state-run energy company Petrobras teamed up with European oil majors and
Subsea 7 S.A. (Oslo Børs: SUBC) announced the award of a pair of contracts from Petrobras today worth over $600 million. The contracts are for operation of
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
RIO DE JANEIRO, Sept 20 (Reuters) – Brazil’s government plans to finance state-run oil company Petroleo Brasileiro SA’s participation in the
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