Petrobras | Egypt Oil & Gas - Part 3

Equinor, Petrobras Ink LoI to Assess Seven Brazilian Offshore Wind Projects

Equinor, Petrobras have inked a letter of intent (LoI) during CERAWeek to expand the cooperation between the two companies and evaluate seven offshore wind generation projects. The LoI will enable the two companies to...

Shell Signs PSC to Acquire 25% of Atapu Field

Shell Brasil Petróleo Ltda.(Shell Brasil), a subsidiary of Shell plc, has signed the production sharing contract (PSC) with Petrobras to acquire a 25 % stake of the Atapu field. Shell said that the transaction worth i...

Shell Compensates Petrobras with $1.12B in Atapu Payments

Petrobras announced on Wednesday that it has received 5.26 billion reais ($1.12 billion) in compensation from Shell for the latter’s 25% ownership in the Atapu oil block, Reuters reported. Atapu is part of a joi...

Petrobras Discovers New Oil Well in the Campos Basin

Petrobras announced that it has discovered oil in the pre-salt in the Campos Basin’s southern portion, in a wildcat well within the Alto de Cabo Frio Central block. The well 1-BRSA-1383A-RJS (Alto de Cabo Frio C...

TechnipFMC Wins EPCI Contract for Brazil’s Búzios 6 Field

Petrobras has awarded a large subsea engineering, procurement, construction, and installation (EPCI) contract to TechnipFMC for the greenfield development of its Búzios 6 off Brazil, according to a press release from ...

Petrobras Finalizes Sale of Espírito Santo Onshore Fields

Petrobras announced that it has concluded the sale of all of its stakes in 27 onshore exploration and production concessions, located in Espírito Santo, jointly denominated Cricaré Cluster to Karavan Seacrest SPE Cric...

Petrobras Awards 4D Seismic Survey Contract to PGS

PGS has been awarded a contract by Petrobras to conduct a 4D seismic acquisition survey over the Roncador and Albacora Leste fields offshore Brazil in Q2 2022, according to a press release. “We are very pleased to pro...

Petrobras Exits from Rabo Branco Field in Sergipe

Petrobras announced that it has completed the sale of its 50% stake in the Rabo Branco onshore field in Sergipe to Petrom Produção de Petróleo & Gás Ltda (Petrom), according to a press release. The transaction was...

Brazil’s CADE Approves Sale of RLAM Refinery to Mubadala

The Brazilian Administrative Council for Economic Defense (CADE) has approved the sale of RLAM refinery to Mubadala Capital, Petrobras declared in a statement. According to the statement, the transaction is still subj...

Petrobras Approves Proposal for Establishing with IPDMC

Petrobras announced that its board of directors has approved the proposal of establishing with the Industrial Plant Development and Modernization Company (IPDMC), according to a press release. The company added that t...

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