Brazil ///

Equinor acquires interest in Brazil's Roncador field

Equinor and Petrobras have completed their transaction announced in December 2017, whereby Equinor has acquired a 25% non-operated interest in Roncador oil field in Brazil’s Campos basin.

Equinor deepens position in Brazil's pre-salt region

Equinor, ExxonMobil and Petrogal Brasil presented the winning bid (75.49% profit oil) for the Uirapuru production sharing contract in the Santos basin. Petrobras exercised its right to enter the consortium and will be the operator with 30% equity.

ExxonMobil completes purchase of Carcara field interest, offshore Brazil

ExxonMobil said it has completed the purchase of half of Equinor’s interest in the BM-S-8 Block, offshore Brazil, which contains part of the 2-Bbbl, pre-salt Carcara oil field.

Petrobras CFO replaces Parente as CEO

Ivan Monteiro has been named to head Brazilian state-controlled oil company Petrobras on an interim basis, replacing CEO Pedro Parente who resigned Friday.

Brazilian pre-salt continues to deliver high productivity performance, says GlobalData

Presently, ultra-deepwater Brazilian pre-salt prevails by delivering high productivity performance assurance to the industry expectations and to the government advantage, according to GlobalData, a leading data and analytics company.

BW Offshore contracts PG Flow Solutions for Polvo FPSO extension project

BW Offshore has contracted liquid handling and pump specialist PG Flow Solutions to supply water booster pumps to the FPSO operator’s life extension project for the Polvo FPSO.

Regional Report: Latin America Is Latin America’s fragile market cracking under pressure?

Emily Querubin, World Oil

Despite the rise in crude prices, many Latin American countries are still grappling with considerable debt and declining production rates.

Fugro provides seep hunting expertise offshore Brazil

Working for multi-client geoscience data company, TGS, Fugro continues the hunt for hydrocarbon seeps, this time offshore Brazil.

Petrobras announces start of production at Búzios field, in the Santos basin

Petrobras has started production of Búzios field, in the pre-salt of the Santos basin, by means of platform P-74.

Petrobras will drive 76% of Brazil’s crude production to 2021

Petrobras liquids production is expected to grow to 2.7 MMbpd by 2021 with Roncador field representing 8.3% of all production in 2021.

BP, Petrobras alliance to explore joint projects in Brazil and beyond

BP has announced that it has signed a memorandum of understanding to explore areas of cooperation with Petróleo Brasileiro S.A. (Petrobras).

Vallourec inks long-term agreements with Petrobras

Vallourec has announced that it has signed new contracts for the supply of products and services to the Brazilian national oil company Petrobras.

TGS announces new multi-beam and seep study project offshore Brazil

TGS announces the Brazil Southern basins SeaSeep Project in the Campos and Santos Basins, offshore Brazil. The project will cover existing TGS surveys in these hydrocarbon rich basins as well as the highly prospective pre-salt trend where many untested structures exist.

Wintershall becomes Brazil's fourth-largest gas producer with new license awards

Wintershall is continuing its growth course and has now been awarded exploration licenses in Brazil. In its 15th bidding round, Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) has awarded interests in seven licenses to Germany's largest internationally active oil and gas producer

ExxonMobil wins eight deepwater blocks in Brazil's latest bid round

ExxonMobil has increased its holdings in Brazil’s pre-salt basins after winning eight additional exploration blocks during Brazil’s 15th bid round.

Shell expands Brazil-operated footprint with new deepwater blocks

Shell Brasil Petroleo, a subsidiary of Royal Dutch Shell plc (Shell), today won four additional deep-water exploration blocks in the Campos and Potiguar basins, bringing its total operated presence offshore Brazil to 18 blocks.

Statoil awarded four blocks offshore Brazil

Statoil and partners were the high bidders for four blocks in the Campos basin in Brazil’s 15th licensing round held on March 29. With the new licenses, Statoil strengthens its position in Brazil and increases synergies with current projects.

Latin American giant's hunger for foreign gas ebbs amid oil boom

As the global natural gas trade expands amid a boom in supplies from the U.S. to Australia, at least one major energy consumer may be sitting on the sidelines: Brazil.

Petrobras announces sale of Piranema and Piranema Sul fields

Petrobras has announced that it has started the opportunity disclosure stage regarding the transfer of Petrobras’ total stake in the Piranema and Piranema Sul fields.

IEA: Record oil output from U.S., Brazil, Canada and Norway to keep global markets supplied

Oil production growth from the United States, Brazil, Canada and Norway can keep the world well supplied, more than meeting global oil demand growth through 2020, but more investment will be needed to boost output after that, according to the International Energy Agency's latest annual report on oil markets.