During a state visit to Brasilía this week, Nigerian President Bola Tinubu focused on deepening economic cooperation and unlocking strategic partnerships, and welcomed Petrobras’s planned re-entry into the Nigerian market. The two countries signed five Memoranda of Understanding covering trade, energy, aviation, science and finance, signaling a shift from symbolic ties to practical, high-impact collaboration.
FPSO Almirante Tamandare, leased from SBM Offshore, can also process 12 million cubic meters (423.78 million cubic feet) a day of natural gas and store 1.4 million barrels of crude. It is equipped with closed flare to minimize greenhouse gas emissions and heat recovery devices to reduce energy consumption, according to the Buzios partners.
”We chose Valmet because they understood our needs and provided a solution that integrates seamlessly with our existing Valmet DNA Automation System. It also enables secure and versatile connectivity with third-party systems. Valmet’s experience with similar projects strengthened our confidence, and the solution supports our strategy to participate more actively in electricity markets,” Petri Rantakokko, energy manager for Alva, said.
Brazil’s state-controlled oil company received permission from regulators to perform emergency response drills near the mouth of the River, a crucial step toward winning approval to explore in a region the company has been pushing to access for years. Petroleo Brasileiro SA is expected to start emergency drills in the Foz do Amazonas basin on […]
Valmet has signed a nationwide agreement with Petrobras (Petróleo Brasileiro S.A.) for the supply of spare parts of Neles™ valves, actuators, and positioners across all Petrobras operational units, including oil and natural gas exploration, production, refining, commercialization, and power generation.
Brazil’s state-controlled oil producer Petrobras reported weaker-than-expected results and cut its dividend after lower oil prices offset stronger production figures.
Petrobras posted a 5% rise in oil and gas production in Q2 2025 compared to Q1, a performance the company attributes to the ramp-up of several FPSOs.
Seatrium Limited has announced the impending delivery of the PETROBRAS 78 (P-78) – the first of a series of turnkey Floating Production Storage and Offloading vessels (FPSO), to Brazil’s Petrobras.
Strohm has successfully completed the first field trials with Petrobras for its thermoplastic composite pipe (TCP) pipe design offshore Brazil, at water depths of approximately 1,500 m.
Petrobras has awarded Fugro four significant multi-year contracts for the inspection and monitoring of critical subsea infrastructure in Brazil.