Brazil

Latest News and Press Releases

South America

OGX Reports 2009 Results

14 March 2010

• Successful Execution of Largest Private Exploratory Campaign in Brazil • Five Wells Yielded Discoveries Estimate...

South America

Aker Solutions Wins Major Contract for Two FPSOs in Brazil

08 March 2010

Aker Solutions has signed a major contract with Petrobras to supply sulphate removal units for two FPSOs (Floating Produ...

South America

OGX Announces the Presence of Hydrocarbons in the Albian Section of Well OGX-6

06 March 2010

OGX Petróleo e Gás Participações S.A. ("OGX"), the largest Brazilian private sector oil and gas company in terms of offs...

South America

Brazilian Lower House Passes Petrobras Capitalisation Bill

05 March 2010

Brazil's national energy firm Petrobras is one step closer to lining its coffers after the lower house of parliament app...

South America

Petrobras Announces Oil Discovery in Deep Campos Basin Waters

25 February 2010

Petróleo Brasileiro S.A. - Petrobras announces the discovery of two new oil accumulations in reservoirs located i...

South America

INPEX Corporation Acquires interest in Block BM-ES-23, Offshore Brazil

21 February 2010

INPEX Corporation announce that it has been granted approval by the Brazillian authority, ANP to aquire a 15% participat...

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South America

Petrobras Issues Clarification About Tupi's Volumes Estimation

12 February 2010

Petróleo Brasileiro S.A. - Petrobras, would like to clarify the news published by the press about the results of extende...

South America

Petrobras Announces Oil Discovery in Shallow Campos Basin Waters

11 February 2010

Petróleo Brasileiro S.A. - Petrobras announces it has completed the drilling of exploratory well 4-PM-53 in shall...

South America

ARKeX Appoints GeoQuasar as Brazil and Mexico Representative

09 February 2010

ARKeX, a provider of geophysical imaging technology, has entered into an agreement which will see GeoQuasar Energ...

South America

OGX Concludes the Cased Hole Drillstem Test of the OGX-3

04 February 2010

OGX Petróleo e Gás Participações S.A. ("OGX"), the largest Brazilian private sector oil and gas company in terms of offs...

South America

Petrobras Plans To Raise New Investment Via Share Sale

04 February 2010

State-run Brazilian oil major Petroleo Brasileiro (Petrobras) has laid out plans to raise between $15-$30 billion throug...

South America

OGX Estimates Between 100 and 200 MMbbls Recoverable From OGX-4 Discovery

02 February 2010

OGX Petróleo e Gás Participações S.A. ("OGX"), the largest Brazilian private sector oil and gas company in terms ...

South America

Scorpion Offshore Receives LOI for Offshore Mischief

01 February 2010

Scorpion International Ltd., a wholly-owned subsidiary of Scorpion Offshore Ltd., has received a letter of intent ("LOI"...

South America

Shell and Cosan Sign MOU to Form Joint Venture in Brazil

01 February 2010

Shell International Petroleum Company Limited and Cosan S.A. have signed a non-binding memorandum of understandin...

South America

AMEC Wins Deepwater P-63 FPSO Contract Offshore Brazil

01 February 2010

AMEC, the international engineering and project management company, has been selected by Brazilian company, QUIP, to per...

South America

Chevron to Proceed With Papa Terra Project Offshore Brazil

27 January 2010

Chevron Corporation announced today that its Brazilian subsidiary will proceed with the development of the Papa Terra pr...

South America

OGX Announces Additional Hydrocarbons in the Albian Section of OGX-5 Well, Offshore Brazil

24 January 2010

OGX Petróleo e Gás Participações S.A., the largest Brazilian private sector oil and gas company in terms of offsh...

South America

Petrobras Reports 2009 Year-end Proved Reserves

15 January 2010

Petróleo Brasileiro S.A. - Petrobras, announces its proved reserves of oil, condensate and natural gas in 2009 according...

South America

Expro Appoints Sergio Zubelli as Regional Director, Latin America

14 January 2010

Expro, a leading international oilfield service company, has named Sergio Zubelli as Regional Director, Latin Ame...

South America

OGX Announces Presence of Hydrocarbons in the Eocene Section of OGX-4 Well

12 January 2010

OGX Petróleo e Gás Participações S.A. ("OGX"), the largest Brazilian private sector oil and gas company in terms of offs...

South America

ION Extends BrasilSPAN Seismic Program in Highly Prospective Areas

11 January 2010

ION Geophysical Corporation announces that it has successfully acquired an additional 28,000 km of regional seismic data...

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