Petrobras finds hydrocarbons at first Equatorial Margin well off Amapá
Petrobras identified the presence of hydrocarbons at the Morpho exploratory well (1-BRSA-1405-APS) in Block FZA-M-59, located in the Foz do…
South America
Petrobras Halts $1 Billion Gas Pipeline Study Over Proposed Brazilian Gas Regulations
Brazil’s state-run oil company Petrobras has suspended studies for a $1 billion natural gas pipeline due to regulatory uncertainty surrounding…
South America
Petrobras confirms new gas discovery offshore Colombia at Sandia-1
Petrobras reported a new natural gas accumulation at the Sandia-1 exploration well in Block GUA-OFF-0, offshore Colombia. The well sits…
South America
Noble Corporation Posts $37 Million Q2 Loss as Petrobras Suspends Two Drillships in Brazil
Noble Corporation has reported a net loss of $37 million for the second quarter of 2026, as the operational suspension…
South America
Petrobras and Pemex Sign Deal to Drill the Gulf of Mexico
The Petrobras Pemex deal is now signed, pairing Latin America’s two state oil giants in a hunt for crude in…
South America
Saipem and Petrobras agree on the decommissioning of oil fields in Brazil
The energy companies are evaluating joint technological and logistical solutions for the safe abandonment of oil wells in the Brazilian…
South America
DOF awarded 12-year Petrobras RSV contracts for Brazil deepwater operations
DOF Group ASA has secured nearly $2 billion in long-term contracts with Petrobras for four new ROV support vessels (RSVs)…
South America
Subsea7 rakes in over $1.25 billion for Brazilian oil & gas job
Luxembourg-domiciled Subsea7 has been tasked with work in the Santos Basin on a field development project, which is described as…
South America
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…
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