Brazilian state-owned oil company Petrobras said on Thursday that some of its costs in a key oil-producing region plunged in the third quarter, a positive sign given that the company is making a huge bet on the region.In a securities filing announcing its third-quarter results鈥
Brazilian state-run oil firm Petroleo Brasileiro SA posted a significant production boost in the third quarter, as heavy investments in its deepwater, pre-salt zone showed signs of paying off.Investors and analysts have been watching the firm's production figures closely in recent quarters鈥
Unionized workers at Brazil's state-controlled oil company Petróleo Brasileiro SA, or Petrobras, said they will start a general strike on Saturday to press for higher wages as they negotiate a new contract.A group representing 12 oil worker鈥
With the resumption of oil and gas block tenders in Brazil, including highly valued pre-salt tenders, offshore support vessel (OSV) owners are expecting to get any vessels that are lying by without a contract to soon rejoin the market. However鈥
Brazil鈥檚 offshore oil and gas sector: it鈥檚 complicated, challenging and rife with opportunity.Brazil today is seeing offshore activity increase, production is on the rise, and its government has made significant strides to remove obstacles for investment鈥
Norwegian offshore vessel owning giant Solstad 云顶赌场老虎机 ASA has bagged contract extensions for two of its anchor handling support vessels for Petrobras in Brazil.'Petrobras has declared their options to extend the contracts for the two AHTS´s Far Scout and Far Santana with 1 year鈥
Brazilian state-run oil company Petroleo Brasileiro SA, or Petrobras, posted a long-awaited production boost in July after a disappointing June, as it ramped up production in the promising offshore 'pre-salt' region.In a presentation to discuss record quarterly profits鈥
Brazilian state-run oil firm Petroleo Brasileiro SA posted its highest ever quarterly profit on Thursday and handily beat analysts' estimates, thanks in large part to billions of reais in asset sales.In a securities filing, Petrobras, as the firm is commonly known鈥
Brazil's Petrobras has signed a two-year contract to lease a drilling rig from Ocyan, formerly known as Odebrecht Oleo e Gas, an executive told Reuters, in the first deal between the firms since a corruption scandal erupted five years ago.Petroleo Brasileiro SA鈥
Brazil's Petroleo Brasileiro SA is scheduled to hold a final 're-bid' for two oilfields off the coast of Rio de Janeiro on July 8, four sources told Reuters this week, after the state-run oil firm annulled a previous bidding round.Among the鈥
Brazilian oil company Petroleo Brasileiro SA has chosen a bid from Warburg Pincus-backed Trident Energy as the winner in a final 're-bid' for two offshore oilfields, three sources with knowledge of the matter said.Petrobras, as the Brazilian state-run oil company in known鈥
After painstakingly plying Petrobras for years, Norway鈥檚 offshore supplier-contractors and their halo of sub-suppliers are again earning big Brazilian orders en masse, as the BRIC country鈥檚 untapped reserves compel the national oil company to buy 鈥 and borrow 鈥 Norwegian鈥
Brazilian state-controlled oil company Petróleo Brasileiro SA said on Friday it had made a $700 million payment to oil services provider Vantage Drilling Company in a case involving a contract that it had terminated.Petrobras, as the oil company is known鈥
Brazil's Petroleo Brasileiro SA is nearing the sale of two oilfields in a process that could fetch around $1 billion and aid the state-run oil firm in its bid to reduce debt.Petrobras, as the company is known, has set a June 5 deadline to receive鈥
Brazilian energy company Ouro Preto Oleo e Gas delivered the highest bid to acquire a pair of Brazilian oil clusters from state-run oil company Petroleo Brasileiro SA, two sources with knowledge of the matter said.Petrobras, as the oil company is known鈥
