Elea Data Centers has secured a R$2.3 billion (US$500 million) contract from Petrobras to build a large-scale, renewable-powered data center in São Paulo. The 17-year agreement is being described as the largest IT infrastructure award of its kind in Latin America.
Schlumberger NV (SLB) has secured a significant contract from Petroleo Brasileiro SA (Petrobras) to provide services and technology for up to 35 ultra-deepwater wells in the strategically important Santos Basin. SLB said that the contract was awarded through a competitive tender process.
SLB has won a major contract from Petrobras to provide services and technology for up to 35 ultra-deepwater wells in the strategically important Santos basin. The wells, which are part of the second development of the Atapu and Sépia fields, target massive pockets of oil and gas beneath thick salt layers, located up to 2,000 […]
The agreement also includes installation support and life-of-field services, with options for additional equipment as projects progress. All subsea systems will be built and serviced in Brazil, underscoring both companies’ long-standing partnership and commitment to local content.
Renewables, oil and gas, mining, and manufacturing took the lion’s share of Chinese investments in Brazil in 2024, a new report by the Brazil-China Business Council, CEBC, showed this week.
PRIO SA, Brava Energia and BW Energy Ltd are considering buying Petroliam Nasional Berhad’s stake in the Brazilian oil field Tartaruga Verde to expand in Latin America’s largest producing country, according to people familiar with the matter.
BP, which announces its half-year results on Tuesday, said last month that it would sell its share in 10 US onshore windfarms to the New York-headquartered LS Power. On Monday it launched its 50:50 offshore wind joint venture with the Japanese wind company Jera worth up to £4.5bn, which it plans to use to gain some access to zero-carbon wind energy developments while focusing on fossil fuels.
For the first time, the IBP study consolidates the various revenue sources generated by the sector, including ICMS, government takes (royalties and special participations), signature bonuses, the Federal Government’s profit-oil under production sharing contracts, and general federal taxes such as PIS/Cofins, CSLL, and Corporate Income Tax (IRPJ), all of which apply across the value chain.
“This collaboration marks an exciting first step by IEC to evaluate world-class opportunities beyond Indonesia in Brazil, a market that has become one of the most attractive for upstream investment,” said Frank Ingriselli, IEC’s President. “Working with Blener Mayhew and his team will give us immediate local insight and access. In addition to opportunities in Brazil, AEP may also assist us in further commercializing our Indonesian assets and identifying new Indonesian domestic growth projects. Together with our planned drilling program at our Kruh Block, this initiative advances our growth strategy to scale production and diversify our portfolio in the final months of 2025 and beyond.”
DOF Group ASA is a global offshore services company headquartered in Norway, providing integrated subsea services through its fleet of advanced offshore vessels, ROV systems and engineering capabilities. The company operates across the Americas, Asia-Pacific, and North Sea regions, servicing clients in subsea construction, inspection, maintenance and repair.