Brazil upstream news
Petrobras begins well testing in Albacora field
Petrobras has started well testing of the Forno area in the Albacora field, located in the Campos Basin pre-salt.
Bureau Veritas formalises guidelines for operating FPSOs and FPUs in Brazil
The new class notation IVBS-BRA developed by Bureau Veritas will help clients to demonstrate compliance with Brazilian regulations for operating FPSOs and FPUs in the country's deepwaters.
Petrobras books £9.2 billion impairment
Petrobras is revising all exploration and production projects as a result of its new oil pricing assumptions.
Petrobras makes oil discoveries in Brazil pre-salt
Petrobras has discovered oil in the southeast area of the Búzios field and in the pre-salt of the Albacora field.
Petrobras contracts CSV from Solstad Offshore
Solstad Offshore's CSV, Far Saga, has been awarded a contract with Petrobras for a period of 3 years firm.
Petrobras aiming to sell stake in Manati field
The field started operating in 2009 and its average production in 2019 was 105 bpd of condensate and 1.269 million m3 /d of gas.
Petrobras reverses production cuts
The announcement is a result of higher-than-expected demand for certain fuels.
Yinson and Sumitomo agree partnership for Brazil FPSO project
Under the agreement, Sumitomo will have a 25% stake in the FPSO Anna Nery project, which was awarded to Yinson by Petrobras in October 2019.
Petrobras agrees FPSO extension with BW Offshore
Petrobras has extended its lease of the BW Cidade de São Vicente FPSO by 48 days.
Petrobras begins binding phase for Papa-terra field sale
The Papa-terra field in the Campos Basin is operated by Petrobras, with Chevron holding the other interest.