Transocean Ltd. Announces $425 Million Additional Backlog for Ultra-Deepwater Drillship
STEINHAUSEN, Switzerland, April 14, 2026 — Transocean Ltd. (“Transocean”) today announced that the Deepwater Corcovado was awarded a 1,156-day contract…
South America
Petrobras confirms hydrocarbon discovery in deepwater Campos basin
Petrobras has confirmed a hydrocarbon discovery in the pre-salt section of the Campos basin, following drilling of an exploratory well…
South America
Petrobras gives out $56 million contract extension to Solstad CSV
A construction support vessel (CSV) owned by Solstad Maritime (SOMA) has secured a two-year contract extension worth approximately $56 million…
South America
Seadrill wins $480 million rig contract extension with Petrobras
Drillship West Polaris will continue drilling offshore Brazil until early 2031 Bermuda-based drilling company Seadrill has secured a contract extension…
Appointments
Petrobras Shakes Up Leadership Amid Governance Transition
Brazil’s state-controlled oil major Petrobras has announced a set of leadership changes, reshaping both its board of directors and executive…
South America
Seadrill lands $480m drillship extension with Petrobras
New York-listed driller Seadrill has secured a long-term extension for its ultra-deepwater drillship West Polaris, keeping the rig working for…
North America
Brazil’s president floats joint venture between Mexican state oil company Pemex and Petrobras
Mexico and Brazil are seeking to strengthen their economic ties. Could part of a more robust bilateral relationship be a…
South America
Brazil, Mexico weigh Petrobras–Pemex tie-up for offshore oil exploration
Brazil President Luiz Inacio Lula da Silva said he spoke with Mexican leader Claudia Sheinbaum about a possible exploration partnership…
South America
Saipem’s subsea drone clears tests with Petrobras ahead of offshore deployment
Saipem’s underwater inspection drone (UID) FlatFish has completed a test campaign with Brazil’s oil & gas major Petrobras as part…
South America
South American waters yield more gas: Petrobras makes new find in Colombia
Brazil’s state-owned energy giant Petrobras has boosted South America’s energy arsenal with a new gas discovery off the coast of…
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