Tag Archive

Aker Solutions Wins Services Contract in Brazil

Aker Solutions Wins Services Contract in Brazil

September 18, 2018 No Comments

Petrobras has awarded Aker Solutions a contract to provide maintenance and modifications services for nine platforms at oil and gas fields in the Campos Basin offshore Brazil. The Campos Basin extends approximately 100,000 square kilometers. The three-year contract is valued at more than BRL 250 million and includes an option for a two-year extension. Aker […]

S. America’s offshore boom accelerates in Guyana and Brazil

S. America’s offshore boom accelerates in Guyana and Brazil

August 31, 2018 No Comments

South America’s upstream sector of the past conjures images of the onshore heavy oil fields of Colombia and Venezuela. But in recent years, regional activity has pivoted offshore, where repeated success in Guyana and world-class productivity in Brazil have elevated offshore South America to its status as a top investment destination. Since 2015, Brazil and […]

Brazil becomes a core area for Equinor

Brazil becomes a core area for Equinor

August 29, 2018 No Comments

With daily oil production of over 90 000 barrels per day from current fields and with expected investments of more than 15 billion USD until 2030, Brazil has become a core area for Equinor. Brazil stands out globally as one of the most promising offshore oil and gas basins with a significant remaining resource base. […]

Ambev Partnership with Volkswagen involves 1,600 clean energy-powered vehicles

Ambev Partnership with Volkswagen involves 1,600 clean energy-powered vehicles

August 22, 2018 No Comments

Ambev, owner of brands such as Skol, Brahma, Antarctica and Guaraná, announced that by 2023, it will use 1,600 electric trucks made by Volkswagen Caminhões e Ônibus to transport beverages. With the partnership, about 35% of the fleet serving the brewery will consist of clean energy-powered vehicles, no longer emitting over 30.4K tons of carbon […]

Petrobras Update on CARF decision on taxes foreign subsidiaries located outside Brazil

Petrobras Update on CARF decision on taxes foreign subsidiaries located outside Brazil

July 26, 2018 No Comments

Petróleo Brasileiro S.A. – Petrobras informs that the Brazilian Administrative Board of Tax Appeals (CARF) issued today a partially favorable decision in a fiscal administrative proceeding related to taxable income (IRPJ and CSLL) of the 2011 fiscal year in relation to the income from foreign subsidiaries located outside Brazil, in the approximate amount of R$ […]

Commerciality of the Entorno de Sapinhoá Area

Commerciality of the Entorno de Sapinhoá Area

July 26, 2018 No Comments

Petrobras, as the operator, on behalf of the consortium of Entorno de Sapinhoá, reports that it submitted yesterday the declarations of commerciality to the National Agency of Petroleum, Natural Gas and Biofuels (ANP) regarding oil accumulations located in areas adjacent to the Sapinhoá field, in the pre-salt layer of the Santos Basin. The Entorno de […]

Keppel Offshore  secures  S$70 million contracts

Keppel Offshore secures S$70 million contracts

July 23, 2018 No Comments

Keppel Offshore & Marine Ltd (Keppel O&M) has through its wholly-owned subsidiaries secured two contracts with a combined value of about S$70 million. In Brazil, Keppel FELS Brasil Ltda (Keppel FELS Brasil) has been engaged by its long-standing customer, MODEC Offshore Production Systems (Singapore) Pte Ltd., part of the MODEC, Inc. group (collectively “MODEC”), to […]

TechnipFMC awarded a master services agreement in Brazil

TechnipFMC awarded a master services agreement in Brazil

July 17, 2018 No Comments

TechnipFMC (Paris:FTI) (NYSE:FTI) has been awarded by Petróleo Brasileiro S.A. (Petrobras) a 3-year master services agreement in Brazil, with a 2-year renewal option. This contract for subsea services covers components for both the subsea equipment and flexible pipelines. The scope of work includes maintenance services, technical assistance, inspection and end-fitting re-termination(1) of flexible pipes and […]

Equinor aligns partnership in Brazil’s Carcará area

Equinor aligns partnership in Brazil’s Carcará area

July 4, 2018 No Comments

Equinor and Barra Energia (“Barra”) have signed an agreement for Equinor to acquire Barra’s 10% interest in the BM-S-8 licence in Brazil’s Santos basin. This transaction will enable Equinor and its partners to fully align interests across the two licences for the Carcará area. In early June Equinor, ExxonMobil and Galp completed transactions in BM-S-8 […]

Tags:
Uncertainty Looms Large Over Latin American Oil

Uncertainty Looms Large Over Latin American Oil

June 21, 2018 No Comments

While oil industry analysts and market participants are watching Venezuela closely for clues about how low its oil production will go, several other countries in Latin America are holding key elections this year, elections that will no doubt shape the countries’ short and medium-term oil policies. These developments could spell trouble for oil supply and […]

Page 1 of 2512345»1020...Last »