Petrobras has identified high-quality oil in the Sudoeste de Tartaruga Verde block in the Campos Basin, offshore Brazil. This ...

PBR's new Campos Basin find boosts its offshore momentum and adds a high-quality post-salt discovery to the deepwater portfolio.

Brazil's state-run oil company Petrobras announced this week the discovery of an oil reservoir in the Campos Basin, off the ...

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The COP30 climate summit is wrapping in Brazil on Nov. 18. It opened in the city of Belém to protests and controversy. On the ...

This November, as Brazil opened the curtains to host the UN Climate Conference (COP30), in its Pará state capital, Belém, the ...

The block was acquired in Brazil’s 5th Production Sharing Round in 2018, with Pré-Sal Petróleo S.A. (PPSA) overseeing contract management. Petrobras holds a full 100% operating stake, giving it ...

Transocean Ltd. (NYSE: RIG) today announced contract fixtures for one ultra-deepwater drillship and two harsh environment semisubmersibles. In aggregate, the fixtures represent approximately $89 ...

We can’t eat money. We want our lands free from agribusiness, oil exploration, illegal miners and illegal loggers'.

The oil market's main bullish driver is the Rosneft/Lukoil sanctions, but so far they've only led to a buildup of Russian crude at sea.

Everest ransomware has claimed a 90GB data breach of Petrobras, leaking seismic survey files tied to Brazil’s Campos Basin ...

Hanwha Ocean is overhauling its offshore plant business, which has seen no new orders for three years. As losses in the 77 billion won range accumulated this year in the two institutional sectors that ...