Petrobras has signed a 22-year liquefied natural gas (LNG) purchase and sale agreement with U.S. LNG exporter Cheniere for 0.8 million tonnes per annum of LNG.The Brazilian state-run company signed a deal with Cheniere Marketing, a subsidiary of Cheniere Energy.The long-term volumes are intended to reduce Petrobras' exposure to volatility in the LNG spot market, strengthen risk management across its…
Brazil's state-run oil firm Petrobras may include the Sirius offshore gas project in Colombia as part of the production curve to be unveiled in its 2027-2031 business plan later this year, a company executive said on Wednesday.'I think it should…
Petrobras, Shell and Strohm have completed a qualification and offshore field trial program for a thermoplastic composite pipe flowline designed for high-CO2 conditions in Brazil's deepwater pre-salt, clearing the way for a Petrobras pilot installation planned for early 2027…
Brazilian state-run oil company Petrobras' analysis of oil discovered at the Morpho exploration well in the offshore Foz do Amazonas basin showed it to be 'very high quality' crude, an executive told Reuters on Monday.The crude found at the…
Petrobras, through its wholly owned subsidiary Petrobras Netherlands (PNBV), the Republic of Côte d’Ivoire and PETROCI Holding signed Production Sharing Contracts (PSCs) for eight offshore exploration blocks located in Côte d’Ivoire.The PSCs cover offshore blocks CI-513…
Petrobras has awarded Strohm a contract to supply thermoplastic composite pipes for water injection and gas lift applications in Brazil's deepwater post-salt cluster, with the technology to be tested in water depths of up to 1,500 metres.The…
Singapore's Seatrium is preparing for the sailaway of two floating production, storage and offloading (FPSO) units for Brazil's Petrobras, with the P-80 and P-82 vessels scheduled to depart within weeks of each other.The two vessels were marked…
Petrobras has signed a two-year contract for the Normand Valiant construction support vessel (CSV), owned by Solstad Maritime (SOMA).The contract is expected to start in fourth quarter 2026 in direct continuation of the current agreement and subsequent class renewal…
Petrobras has entered direct negotiations for exploration contracts covering four offshore blocks in Ghana's Keta Basin after the country's Ministry of Energy and Green Transition approved the company's application.Petrobras said it had submitted…
The Alexandre de Gusmão FPSO, the fifth installed in the Mero field in the pre-salt layer of the Santos Basin, has reached peak production at 180,000 barrels of oil per day (bpd). Mero is the third largest producing field in Brazil, after Búzios and Tupi…
Petrobras has identified the presence of hydrocarbons in an exploratory well being drilled in block FZA-M-59, in deep waters off the coast of Amapá in the Amazon River mouth sedimentary basin on the Brazilian equatorial margin.The Morpho well…
The Tupi field in the pre-salt layer of the Santos Basin has reached a cumulative production of 4 billion barrels of oil equivalent (boed), becoming the first in Petrobras’ 73-year history to achieve this production volume.This year, the asset also surpassed…
Intermoor, Acteon’s Moorings and Anchors business line, has been awarded a new contract by Petrobras for the provision of inspection, preservation, maintenance, and operational readiness services for subsea interconnection, mooring and anchoring materials…
Brazil's Petrobras is reassessing a major natural gas infrastructure investment in Brazil amid regulatory uncertainty surrounding a proposed government program that could also impact a project by Norway's Equinor, sources told Reuters.The proposal…
Intermoor, Acteon's moorings and anchors business line, has secured a three-year contract from Petrobras to provide inspection, preservation, maintenance and operational readiness services for subsea interconnection, mooring and anchoring equipment supporting offshore operations in Brazil…
