Tag: Petrobras

Petrobras acquires 50% stake in Campos basin exploration block

(WO) — Petrobras has agreed to amass a 50% curiosity within the offshore Itaimbezinho exploration block in Brazil's Campos basin from Equinor, increasing its presence in one of many nation's most lively offshore...

Petrobras will increase stake in Jubarte discipline with Campos basin acquisition

(WO) - Petrobras has agreed to amass a 100% curiosity in a portion of the Argonauta space within the Campos basin, growing its stake within the Jubarte pre-salt discipline. The transaction entails pursuits presently...

Valaris secures $447 million Petrobras extension for Brazil deepwater drillship

(WO) — Valaris has secured a multi-year contract extension with Petrobras for its DS-4 drillship offshore Brazil, including roughly $447 million to its backlog and reinforcing long-term demand within the deepwater market. The 1,064-day...

Petrobras trims $109 billion capex plan as decrease oil costs strain dividends

(Bloomberg) – Brazilian oil main Petrobras introduced a 2% lower in its subsequent five-year funding plan to $109 billion, placing dividend funds doubtful at a time of decrease oil costs. Shares fell.  ...

Halliburton wins Petrobras contracts to reinforce deepwater Brazil area efficiency

Halliburton has been awarded a number of deepwater contracts by Petrobras to ship vessel stimulation, clever completions, and security valve techniques throughout key offshore fields in Brazil, following a aggressive tender course of.  ...

ExxonMobil, Petrobras increase purple flags on Saipem7 merger, citing deepwater competitors dangers

(Bloomberg) – Oil majors ExxonMobil, Petrobras and contractor TechnipFMC Plc have petitioned Brazil’s antitrust watchdog to oppose a merger between Italy’s Saipem SpA and Norway’s Subsea7. The businesses requested to be a part of...

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