Oil field services giant Aker Solutions has clinched a contract with Petrobras for maintenance and modifications work on nine platforms in the Campos Basin offshore Brazil.
Former Brazilian president Luiz Inacio Lula da Silva has been found not guilty of obstruction of justice.
An international tribunal has determined that Petrobras, Brazil's state-run oil company, is liable to pay $622 million to settle a contractual dispute with a deepwater drilling contractor operating out of Houston.
Norwegian energy giant Equinor has completed the acquisition of a 25% stake in the Roncador oil field in Brazil's Campos Basin.
Dutch energy services firm Fugro has won two new ROV contracts with Petrobras in Brazil.
TechnipFMC and DOF Subsea's Skandi Recife vessel has kicked off its eight-year charter with Petrobras in the Campos, Santos and Espírito Santo basins.
Energy giant Equinor has won additional blocks within the prolific Campos and Santos basins in the 4th production bidding round in Brazil.
The president of Brazilian state oil company Petrobras has resigned after a crippling truckers’ strike calling for sharp cuts to diesel prices.
Eight anxious hours.
The UK Government has agreed to loan Brazilian state-owned oil firm Petrobras nearly £300million.
Norwegian oil firm Statoil is facing a £809 million payout to its partners in a Nigerian oilfield - Chevron and Petrobras - after losing an arbitration dispute.
Oil giant BP has today announced a strategic alliance with Braziallian firm Petrobras to explore joint projects in South America.
Norwegian oil giant Statoil has won stakes in four blocks in the Campos basin in Brazil’s 15th licencing round.
Brazil fuel imports are set to fall from a record as the country’s state-owned oil company lowers prices in a bid to regain market share.
The West Taurus platform bobbed and skated clumsily in the Port of Tenerife yesterday due to high winds.
A three platform contract has been awarded to Aker Solution from Brazillian oil and gas giant Petrobras.
A Brazilian appellate court has unanimously upheld a corruption conviction imposed on former president Luiz Inacio Lula da Silva - and added years to his prison sentence.
UK subsea companies are being encouraged to join a trade mission in March to explore energy sector opportunities in Brazil.
A group of Japanese firms said today that they had agreed to invest in a long-term charter business which will provide an FPSO for the Sepia area offshore Brazil.
Diamond Offshore Drilling has settled a contract dispute with Brazilian firm Petrobras over the Ocean Valor rig.
Brazil’s state-run energy explorer Petrobras agreed to pay $2.95 billion to compensate U.S. investors who lost money when a massive corruption scandal eroded the oil giant’s market value.
Brazil’s state-run oil producer Petrobras agreed to pay $2.95 billion to settle U.S. class-action lawsuits over a massive corruption scandal that has damaged its market value.
A Norwegian subsea service company has won new contracts with Brazilian firm Petrobras for the installation of remotely-operated vehicles (ROVs).
Petrobras may be making progress in its plan to reduce debt, but a former shareholder in the state-controlled energy giant isn’t ready to jump back in quite yet.
Petrobras, carrying the largest debt load among global oil majors, is rolling a year’s worth of promises into a week of significant announcements aimed at trimming the gap before an unpredictable presidential campaign starts to gear up.