Petrobras | Egypt Oil & Gas - Part 8

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.

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.

Petrobras Scandal Shakes Brazil to its Foundations

The heads of Brazil’s two houses of Congress, former ministers and an ex-president are among a list of 54 names who will be investigated in relation to corruption at Petrobras

Technip Flexible Pipes for Brazil’s Lula Alto Field

Technip, a leader in project management, engineering and construction for the energy industry, has won a major deal for the ongoing development of the Lula Alto field, located in the Santos Basin pre-salt area, Brazil.

Moody’s Downgrades Petrobras to Junk Status

Brazil's state-run oil company Petrobras' debt was downgraded to junk status on Tuesday by Moody's Investors Service.

First Drilling and Testing Completed in Libra Area Offshore Brazil

Petrobras announces that the Libra Consortium has drilled and tested the first appraisal well in the Libra area, 3-BRSA-1255-RJS (3-RJS-731), known as NW1. Located in the Northwest portion of the Libra block, which s ...

Petrobras Board Elects New CEO, Executive Officers

The Petrobras board of directors has elected Aldemir Bendine as CEO. He succeeds Maria das Graças Silva Foster, who will also be leaving the company’s board of directors.

Petrobras CEO Resigns

Maria das Gracas Foster, chief executive officer of Petroleo Brasileiro SA (Petrobras) since 2012, has resigned along with five other senior executives.

Petrobras Starts Deepwater Production in Gulf of Mexico

Petrobras announces the start of production at the Lucius field today. The field is located approximately 236 miles (380 km) southwest of Port Fourchon, Louisiana, in water depths of 7,086 feet (2,160 m).

Petrobras Falls Short of Oil Production Target

Brazil's state-run oil company says it failed to reach its year-end production target even though its daily oil output increased 5.3 percent in 2014.

Page 8 of 9

Login

Welcome! Login in to your account

Remember me Lost your password?

Lost Password