Under the agreement, the countries will form a working group to identify the measures required for gas exports to be viable and study the development of export infrastructure, primarily emphasising Argentina’s Vaca Muerta formation.
Ocean Winds (OW) and Eletrobras have signed a memorandum of understanding (MoU) in São Paulo to explore offshore wind energy opportunities in Brazil.
Brazil’s state-owned oil giant Petrobras has informed that the gas potential of the discoveries in the Gujaira Basin offshore Colombia is around 6 trillion cubic feet (Tcf).
TechnipFMC has been awarded two subsea contracts by Petrobras for the pre-salt fields offshore Brazil.
KBR has been awarded engineering contracts by Singapore’s Seatrium Group to develop topsides facilities for two new FPSO units which will be deployed at Petrobras’s Atapu and Sepia fields in the Santos Basin, Brazil, KBR announced on Thursday.
South American nations are increasingly realigning energy strategies to capitalize on offshore oil and gas reserves, signaling a marked shift from previously stated goals of reducing dependence on fossil fuels to satisfy the net zero agenda of those obsessed with a faux climate emergency.
Petrobras on the hunt for shale gas deals in Argentina’s prolific Vaca Muerta to increase production
Brazil’s state-controlled oil and gas producer Petroleo Brasileiro SA (Petrobras) is hunting for shale gas deals in Argentina as part of a bigger plan to increase supplies of the fuel to spur industrial growth, according to people familiar with the strategy.
Halliburton has been awarded a contract by Petrobras to provide well intervention and plug and abandonment services in wells offshore Brazil, the oilfield services company announced on Thursday.
Brazilian oil and gas firms Enauta and 3R Petroleum Óleo e Gás have disclosed the completion of their merger, which was set in motion in early April.
Brazil will continue to be a key investment area for ExxonMobil, local CEO Alberto Ferrin told the Latin American Energy Economics Meeting (ELAEE) in Rio de Janeiro.