Petrobras (NYSE:PBR) is one of the largest oil and gas producers in the world. The Brazilian company is mainly dedicated to exploration and production, refining, energy generation, and marketing.
Petrobras and its logistics arm Transpetro have signed new contracts worth about 2.8 billion reais (roughly $520 million) to build a fleet of gas carriers, barges and pushboats, advancing a major domestic shipbuilding push under Brazil’s Mar Aberto (Open Sea) Program.
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 […]
TechnipFMC plc has been awarded a “significant” contract for subsea production systems by Petroleo Brasileiro SA (Petrobras) after a competitive tendering process. While the contract value remains undisclosed, TechnipFMC values significant contracts between $75 million and $250 million.
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.
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.