Brazil | Egypt Oil & Gas - Part 8
Petrobras Makes Light Oil Discovery in Ultra-Deep Waters
Petrobras has finished drilling well 3-BRSA-1296-SES (ANP nomenclature) in the Sergipe Basin’s ultra-deep waters, in concession BM-SEAL-10, block SEAL-M-499
Brazil’s Petrobras on the Road to Recovery, but Challenges Remain
Petroleo Brasileiro SA’s new chief executive officer is close to overcoming his first major hurdle: getting auditors to approve financial results.
Petrobras Shuts Four Platforms in Brazil After Leak
Four Petrobras oil platforms off the north-east coast of Brazil have halted production after a leak of about 44 barrels of oil was detected coming from a pipeline linking the platforms. Brazil’s Petrobras Says Scandal Cost Company Over $2Bn
Brazil’s national oil company said a graft scandal cost it 6.2 billion reais ($2.1 billion) after a five-month internal debate that shut off access to bond markets, cost the chief executive her job and destabilized t ...
Brazil’s Petrobras Floundering
Buried off the coast of Brazil, beneath miles of seawater, rock and salt, lie vast oil reserves—at least 50 billion barrels—that were supposed to yield untold riches for this nation. Petrobras Makes Onshore Wild-Cat Discoveries in Brazil
Petrobras has announced two onshore discoveries, one in its Amazon Basin block and another in the onshore section of the Espirito Santos Basin
Brazil Reconsidering Role of Foreign Firms in Deepwater
There’s a growing chorus of lawmakers advocating a bigger role for foreign oil companies in Brazil’s prized deepwater discoveries as the national producer grapples with the industry’s biggest debt load and funding co ...
Post-Scandal Petrobras to Receive Chinese Help
Petroleo Brasileiro SA, the world’s most indebted oil producer, is bolstering ties to China as a corruption scandal has shut the company out of international bond markets.
