http://www.worldoil.com WorldOil Turbodrills reduce well time and deliver lower cost per foot in hard and abrasive formations http://www.worldoil.com/magazine/2018/february-2018/features/turbodrills-reduce-well-time-and-deliver-lower-cost-per-foot-in-hard-and-abrasive-formations Downhole turbines are a solution in hard and abrasive formations, otherwise inaccessible with conventional motors. Aker Solutions wins services contract from Petrobras in Brazil http://www.worldoil.com/news/2018/2/8/aker-solutions-wins-services-contract-from-petrobras-in-brazil Aker Solutions won a contract to provide maintenance and modifications services for three platforms at Petrobras-operated oil and gas fields offshore Brazil, expanding its business in a key international market. Petrobras, Total complete transfer of rights in Lapa and Iara concessions http://www.worldoil.com/news/2018/1/15/petrobras-total-complete-transfer-of-rights-in-lapa-and-iara-concessions Petrobras and Total announce that they have finalized a decisive milestone in the realization of their Strategic Alliance, signed in March 2017. Petrobras comeback snubbed by former backer as election nears http://www.worldoil.com/news/2017/12/28/petrobras-comeback-snubbed-by-former-backer-as-election-nears 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. Total launches large-scale development of giant Libra field http://www.worldoil.com/news/2017/12/19/total-launches-large-scale-development-of-giant-libra-field Total announces that it has taken the investment decision for the first large-scale development phase of the Libra project, located deep offshore, 180 km off the coast of Rio de Janeiro, in the pre-salt area of the Santos basin in Brazil. Statoil acquires 25% interest in Roncador field, tripling its production in Brazil http://www.worldoil.com/news/2017/12/18/statoil-acquires-25-interest-in-roncador-field-tripling-its-production-in-brazil Statoil ASA and Petrobras have agreed that Statoil will acquire a 25% interest in Roncador, a large oil field in the Campos basin in Brazil. The transaction nearly triples Statoil's production in Brazil, with attractive break-evens and potential for additional value creation for both parties. ExxonMobil, Petrobras form strategic alliance http://www.worldoil.com/news/2017/12/15/exxonmobil-petrobras-form-strategic-alliance Petrobras and ExxonMobil have signed a memorandum of understanding regarding a strategic alliance to jointly identify and evaluate potential business opportunities. The Global Offshore Brazil Summit is a must-attend event http://www.worldoil.com/news/2017/12/13/the-global-offshore-brazil-summit-is-a-must-attend-event Gulf Quest LLC, a joint venture between Quest Offshore and Gulf Publishing Company, is pleased to announce the first edition of the Global Offshore Brazil Summit (GOBS), which will be held June 11-13, 2018 at the Sheraton Grand, Rio de Janeiro, Brazil. Blackstone said to offer $6 billion for Petrobras pipeline http://www.worldoil.com/news/2017/12/1/blackstone-said-to-offer-6-billion-for-petrobras-pipeline Blackstone Group has teamed up with its Brazilian partner to compete for Petroleo Brasileiro SA’s natural gas pipeline network in the country’s northeast, said people with knowledge of the matter. Newly named Mero field estimated to hold 3.3 Bbbl http://www.worldoil.com/news/2017/12/1/newly-named-mero-field-estimated-to-hold-33-bbbl Petrobras, as the Operator and acting on behalf of the Libra Consortium, announces that today it submitted the declaration of commerciality to the Brazil’s National Petroleum, Natural Gas and Biofuels Agency (ANP) regarding the oil accumulation located in the northwestern portion of Libra block, in the Pre-salt of the Santos basin.