Petrobras Re-authorizes Carioca Engenharia

The oil company approved the big Rio de Janeiro construction company for new contracts following a leniency agreement with prosecutors


Agulha Decommissioning Could Cost US$ 220 Million

The infrastructure in the field operated by Petrobras in the Potiguar Basin includes three fixed platforms

BEHIND THE NEWS: Petrobras To Evaluate Areas Outside its Right to Preference

CEO Pedro Parente says the oil company may consider activities in fields where it is not the designated operator

Petrobras To Exercise Preference in Three Pre-Salt Areas

It will exercise preemptive rights in the Peroba, Alto de Cabo Frio Central and Sapinhoá areas. Private oil companies will be allowed to compete in five sections.


SPECIAL REPORT: 60 Platforms To Be Decommissioned

Another 165 offshore wells may have to be abandoned in the coming years, especially in the Potiguar and Campos Basins.


Seadrill: Possible Cancellation of Temporary Designation for PLSV

The company will operate the Sapura Esmeralda with a temporary Brazilian flag until August 5, has requested an extension a final decision


Odebrecht Óleo & Gás Files for Extrajudicial Creditor Protection

A quarter of Petrobras' offshore rigs are in the hands of companies that are fighting in court to survive


CNPE Approves Auctions in 2018 and 2019

15th and 16th Bid Rounds for concessions and the 4th and 5th pre-salt auction were authorized today


Petrobras Reports O&G Third Traces in REC-T-70

The discovery was made in the company’s first onshore exploration well drilled in 2017


FPSO for Itapu Will Have Capacity To Produce 120,000 B/D

The development plan forecasts a 30-year productive life for the transfer of rights field beginning in 2021

ANP Approves Sapinhoá Individualization Agreement

The area in the field not under contract will be offered in the second production sharing auction in October


Court Tosses Suit Against Shallow Water Fields Selloff

Petrobras’ Ártico project was launched in 2016 to divest assets in the states of Ceará and Sergipe, involvig nine small shallow water fields


Petrobras Requests Maintenance Bids for 13 Platforms

The auction is for replacements from Odebrecht Óleo e Gás contracts for units in the Campos Basin


No FPSO Libra Prices Until June

The Libra Consortium continues to conduct a technical analysis of the bids for the charter of the first pilot FPSO for the project and is requesting clarification


ANP Approves Assets Transfer from Gran Tierra to Maha

Transaction foresees Tiê field purchase and other six blocks in the Recôncavo Basin


Revision of Espadarte Put Off to 2019

The field produced 17,000 b/d during the first quarter


BRAZIL’S POLITICAL CRISIS: International press roundup

Reaction from the foreign press to Brazil’s current political turmoil over the weekend and on Monday