Brazil’s state-owned energy company Petrobras convened preliminary direct negotiations with Abu Dhabi’s Mubadala sovereign wealth fund to repurchase the Mataripe refinery, according to sources cited by Reuters. The mo...
Halliburton, one of the world’s leading providers of energy products and services, has been awarded multiple contracts by Petrobras to provide vessel stimulation, intelligent completions, and safety valves for deepwat...
Baker Hughes announced a joint technology development program with Petrobras to provide a definitive solution for stress corrosion cracking due to CO2(SCC-CO2) in flexible pipe systems. The pre-commercial agreement en...
Halliburton has secured an integrated drilling services contract for the development and exploration across several offshore fields in Brazil for three years starting in 2025. “This contract demonstrates Halliburton’s...
Petrobras has increased its oil, condensate, and natural gas proved reserves to an estimated 11.4 billion barrels of oil equivalent (boe) as of Dec. 31, 2024, up from 11.4 billion boe in 2023, according to US Securit...
Petrobras has reached its 2024 annual production target, achieving total production of 2.7 million barrels of oil equivalent per day (boe/d) of oil and natural gas, aligning with its its Strategic Plan 2024-2028. The ...
Petrobras has extended the charter and service agreement for the FPSO Cidade de Angra dos Reis to continue operating in Tupi field at Santos Basin offshore Brazil until 2030. Along with the extension, there will be up...
Petrobras has commenced the operation of the SNOX unit at the Abreu e Lima refinery (RNEST) in Ipojuca, Brazil, marking the first emissions reduction unit of its kind in both Brazil and the Americas. The SNOX unit is ...
Petrobras and Ecopetrol have confirmed the largest gas discovery in Colombia’s history in the Sirius-2 well, which holds over 6 trillion cubic feet (tcf) of gas. This discovery increases Colombia’s current gas r...
Petrobras has commenced operations in its Natural Gas Processing Unit (UPGN), located at Boaventura Energy Complex known as the Itaboraí Industrial Complex. The UPGN is currently operating with its first module, which...