Tag: Petrobras

Offshore oil and gas exploration has become increasingly challenging as the days of 100 dollar per barrel are gone, at least for the time being.

Brazil’s Petrobras and America’s ExxonMobil have just signed a Memorandum of Understanding (MoU) regarding a strategic alliance to jointly identify and evaluate potential business opportunities across all sectors of oil and gas production.

Petroleo Brasileiro is in talks with China National Petroleum Corp. to complete construction of a refinery in Rio de Janeiro state, said Pedro Parente, CEO of Brazil's state-controlled oil company.

Royal Dutch Shell and Petrobras recently signed a Memorandum of Understanding (MoU) to establish a long-term mutual collaboration in developing pre-salt fields in Brazil.

Reuters are reporting that Brazil's Petroleo Brasileiro SA has been authorized to export idle LNG in the spot market. Petrobras has been given the green light to export up to 6.

Brazilian oil giant Petrobras has reached two new records in its production from the pre-salt layer in June. The state-owned company recently reported that its total oil and natural gas production for the month of June set two new records: the monthly record, at 1.

Brazil’s state-run oil company Petrobras has awarded a further two-year contract to Fugro, a multinational geotechnical, survey, subsea and geoscience services company with numerous locations throughout the Americas, to provide comprehensive inspection, repair and maintenance (IRM) and pipeline inspection services in Brazil.

Shareholders of Brazil's state-run oil company Petrobras have approved the sale of a 90 percent stake in pipeline unit Nova Transportadora do Sudeste (NTS) to a group led by Canada's Brookfield Asset Management.

Petrobras and Total S.A. have signed a memorandum of understanding (MOU) in the Exploration & Production (E&P) and Gas & Power (G&P) segments in Brazil and other critical locations around the globe.

Statoil and Petrobras took a step forward in strengthening their cooperation in Brazil by signing a Memorandum of Understanding (MoU).