TechnipFMC has secured two subsea contracts from Brazil’s state-controlled oil company Petrobras to supply flexible pipe systems for projects in the Santos and Campos basins.The first award, classed by TechnipFMC as ‘substantial’ and valued between $250 million and $500 million, covers the design, engineering and manufacture of flexible gas injection risers.The high-capacity systems will support pressure management and boost recovery at Petrobras’ pre-salt fields in the Santos Basin…
French tubular solutions supplier Vallourec has secured a major contract by Petrobras for the supply of Oil Country Tubular Goods (OCTG) products and services for its offshore operations from 2026 to 2029.The long-term agreement could generate total revenue of up to $1 billion…
Brazil's President Luiz Inacio Lula da Silva said on Tuesday that environmental agency Ibama should be satisfied with the results of an emergency drill done by state-run oil firm Petrobras in the country's Foz do Amazonas basin, ahead of Ibama's official assessment…
U.S.-based subsea services and technology firm Oceaneering International has through its Brazilian subsidiary Marine Production Systems do Brasil (MPS) secured multiple subsea robotics contracts from Petrobras.The contracts were awarded during the second quarter of 2025…
DOF Group ASA has announced an addendum to its long-term inspection contract (PIDF) with Petrobras in Brazil. The addendum comprises additional scope of work, which is expected to be concluded by the end of 2025. Stril Explorer, Geoholm and Skandi Carla are currently operating on this contract…
The Búzios field, operated by Petrobras, broke its record and surpassed daily production of 900,000 barrels of oil last weekend.Located in the pre-salt layer of the Santos Basin, about 180 kilometers off the coast of Rio de Janeiro, Búzios was…
Petrobras is worried about an upcoming change in Brazil's reference oil price that determines some taxes and royalties drillers pay, as it could weaken the economic viability of projects in offshore post-salt fields and in its onshore business…
Brazilian state-run oil firm Petrobras is looking to increase production at three floating offshore production platforms (FPSO) it operates in the country, the head of Exploration and Production, Sylvia dos Anjos, said on Monday.Production at…
Petrobras is considering an investment in sugar and ethanol producer Raizen as a way to re-enter the ethanol market, local newspaper O Globo reported on Saturday, citing sources.Petrobras had previously said it was eying a return to the ethanol…
BP's announcement on Monday of its largest global oil and gas discovery in 25 years in Brazil's offshore Santos basin bodes well for Equinor's nearby interests and strong appetite for an October auction of oil blocks in the region.Discoveries nearly two decades ago in the region…
Brazil’s state-controlled oil company Petrobras has finalized the sale of its full interest in the Cherne and Bagre offshore fields to Perenco Petróleo e Gás do Brasil, a subsidiary of oil and gas company Perenco.The two fields, located in shallow…
Norwegian offshore vessel operator Solstad Offshore has secured a contract with Petrobras for its construction support vessel (CSV) Normand Commander.The vessel will be on a bareboat contract from the vessel owner Solstad Maritime to Solstad Offshore…
Norwegian offshore supply vessel owner DOF Group has secured a contract with Petrobras for two of its anchor handling tug supply (AHTS) vessels.The two contracts, with a combined value of more than $220 million, are for Skandi Fluminense, a 2007 Brazilian-built AHTS vessel with 211t bollard pull…
Norwegian offshore vessel owner Solstad Maritime has secured work for its Normand Pioneer construction support vessel (CSV) for the end-client Petrobras.The vessel will be on a bareboat contract from Solstad Maritime to Solstad Offshore (SOFF)…
Seatrium has announced the impending delivery of Petrobras 78 (P-78), the first of a series of turnkey floating production, storage and offloading (FPSO) units to Petrobras.The sailaway ceremony took place two weeks ago at Seatrium’s Singapore yard…
