Monday, February 1st, 2010
Shell International Petroleum Company Limited (Shell) and Cosan S.A. (Cosan) announced today they have signed a non-binding memorandum of understanding (MoU), with the intention to form a circa $12 billion ...
Monday, January 18th, 2010
Brazil, China, India, Iran and Saudia Arabia are likely to see the highest growth in refining leading up to 2013, by which time they will make up 44% of the ...
Thursday, September 17th, 2009
The Sankofa-A1 well drilled at Cape Three Points Block on Ghana's offshore by Ghana National Petroleum Corporation (GNPC) in conjunction with Vitol Upstream Ghana Limited (Vitol) discovered a net hydrocarbon ...
Wednesday, September 16th, 2009
NYMEX crude for October delivery was down $0.03 at $70.95 a barrel by 07.10 GMT (3.10am EDT), after settling up $2.07 on Tuesday, while ICE Brent was down $0.17 at ...
Sunday, September 13th, 2009
Repsol has a 25% stake in the consortium that discovered the Guara field, located offshore Sao Paulo.
Initial tests by operator Petrobras estimate recoverable volumes of between 1.1 and 2 billion ...
Monday, September 7th, 2009
Calling Monday, August 31 the “new independence day”, President Luiz Inacio Lula da Silva presented the Brazilian Congress with his proposed reform of the hydrocarbon regulatory framework. His ambitious program ...
Friday, September 4th, 2009
WASHINGTON, DC (September 3, 2009)—Calling Monday, August 31 the “new independence day”, President Luiz Inacio Lula da Silva presented the Brazilian Congress with his proposed reform of the hydrocarbon regulatory ...
Friday, July 31st, 2009
PETROBRAS announces that, together with its subsidiaries Transportadora Associada de Gás S/A (TAG) and Refinaria Abreu e Lima S/A (RNEST), closed today a loan agreement with the Brazilian National Development ...
Wednesday, July 8th, 2009
Aker Solutions has signed a contract with Maersk FPSOs to perform the mooring installation work at the Peregrino field offshore Brazil. The contract is the first marine installation job for ...
Friday, June 26th, 2009
Second Contract Secured by GE under a Frame Agreement Signed in December 2008
GE Oil & Gas, a world leading company in oil and gas advanced technology equipment and services, today ...
Wednesday, June 24th, 2009
WASHINGTON, DC--(June 23, 2009) While much attention has been focused on the revival of the National Oil Companies (NOCs) in Latin America over the last few years, less attention has ...
Tuesday, June 23rd, 2009
Project is the Company's First Major Upstream Development in Brazil
SAN RAMON, Calif., Jun 23, 2009 (BUSINESS WIRE) -- Chevron Corporation (NYSE:CVX) announced today that its subsidiary Chevron Brasil Upstream Frade ...
Tuesday, June 9th, 2009
BG Group today announced that another well in the pre-salt Santos Basin, offshore Brazil has encountered hydrocarbons.
The Iracema well is in a water depth of 2 210 metres and ...
Tuesday, June 9th, 2009
CGGVeritas has announced the extension of its multi-client “Cluster” survey in the Santos Basin, offshore Brazil. The original 23,000 square kilometer survey led to the recent discoveries of Tupi, Jupiter ...
Friday, June 5th, 2009
Brent crude for July 2009 delivery increased as much as $0.59, or 0.9%, to $69.30 a barrel on London’s ICE Futures Europe exchange. Crude oil for July 2009 delivery gained ...
Wednesday, May 6th, 2009
At the end of the period for qualify to the 2009 Uruguay Round bidding process for oil and gas E&P offshore blocks, the interested companies are the following: BHP Billiton ...
Wednesday, May 6th, 2009
Petróleo Brasileiro S.A. – Petrobras (Petrobras), Petrobras Química S.A.- Petroquisa (Petroquisa) and Braskem S.A. (Braskem), as requested by Securities and Exchange Commission of Brazil – CVM (Instructions 319/99 and 358/02), ...
Tuesday, April 21st, 2009
))))) Price of crude oil fell more than six per cent, to around $47 a barrel yesterday, due to a rising value of the United States dollar and “growing caution ...
Wednesday, April 15th, 2009
BG Group today announced a new discovery in the pre-salt Santos Basin, offshore Brazil.
The well, 4-BRSA-709 (4-SPS-60), known as Iguaçu, has proven the presence of another accumulation of light oil, ...
Wednesday, April 1st, 2009
Chevron Corporation (NYSE:CVX) today announced that two of its subsidiaries completed the sale and transfer of their fuels marketing business in Brazil to a subsidiary of Ultrapar Participações S.A. (Ultrapar). ...
Monday, March 16th, 2009
DeepLook-EM and Crosswell Seismic Technology Deliver Unique Reservoir Imaging and Monitoring Capabilities
BAHRAIN, March 16, 2009 - Schlumberger today announced the expansion of its Deep Reading portfolio with the release of ...
Thursday, November 27th, 2008
The operator Petrobras has today confirmed to the National Petroleum Agency in Brazil (ANP) indications of oil in the Lua Nova well in the Jequitinhonha Basin, where StatoilHydro has a ...
Tuesday, November 4th, 2008
Excellent exploration and appraisal results with success in eight countries so far in 2008
BG Group estimates its net share of reserves and resources in Brazil at over 3 billion boe(i)
BG ...
Tuesday, October 7th, 2008
Petrobras will baptize the P-51, the first semi-submersible platform built entirely in Brazil, this Tuesday (10/07), at the BrasFels shipyard, in Angra dos Reis (RJ). Scheduled to operate in the ...
Tuesday, October 7th, 2008
Aker Solutions has been awarded a contract with Modec for the delivery of topside Seawater Treatment and Sulphate Removal module for the "Tupi Pilot" project on the Brazilian Tupi field.
The ...
Thursday, October 2nd, 2008
Aker Solutions has been awarded a contract with Modec for the delivery of topside Seawater Treatment and Sulphate Removal module for the "Tupi Pilot" project on the Brazilian Tupi field.
The ...
Monday, September 29th, 2008
Skanska (STO:SKAB) has secured a contract to build a Sulfur Recovery Unit (SRU) and a Tail Gas Treatment Unit (TGTU) at Capuava refinery (RECAP) in São Paulo, Brazil. The total ...
Thursday, September 25th, 2008
Norse Energy Corp. ASA, in partnership with Petrobras (Operator), Queiroz Galvão Oil & Gas and El Paso announce that the Copaiba well will be cased and tested to investigate zones ...
Friday, June 6th, 2008
SAO PAULO, Brazil--(BUSINESS WIRE)--Cinpres - the brand leader in gas injection technology - is enhancing its sales and service base by appointing a new representative in Brazil.
Pamatech, a supplier ...
Sunday, May 18th, 2008
Petrobras’ average oil and natural gas production in Brazil reached 2,157,226 barrels of oil equivalent per day (boe) in April, 5.1% more than a year ago and 2% above the ...
Monday, April 28th, 2008
Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has won an order for air heat exchangers used in diesel engine cooling systems in ...
Thursday, April 24th, 2008
BP announced today that it intends to take a 50 per cent stake in Tropical BioEnergia SA, a joint venture established by Brazilian companies Santelisa Vale and Maeda Group, which ...
Monday, April 14th, 2008
SDRL - Seadrill secures US$4.1 billion of contracts in Brazil
Seadrill today secured an unconditional Letter of Award for contracts with a total revenue potential of approximately US$4.1 billion over 18 ...
Tuesday, March 4th, 2008
StatoilHydro and Anadarko have signed an agreement whereby StatoilHydro will take over the remaining 50% in the Brazilian Peregrino project. This will give StatoilHydro a 100% working interest and operatorship ...
Thursday, February 7th, 2008
SAO PAULO, Brazil--(BUSINESS WIRE)--Capitalizing on its large crude oil reserves, which is second only to Venezuela in South America, Brazil has increased its offshore oil extraction efforts. Well-developed infrastructure, an ...
