Solstad basks in $57M Petrobras hire
Jan 6, 2009
Brazilian oil company Petrobras has hired an anhor-handling tug supply vessel from fleet owner Solstad Offshore to a long, lucrative contract ...

Norse: bank lending again against output
Jan 2, 2009
Oslo-based Brazil explorer Norse Energy Corp. has signalled that U.S. bank will more than double a lending agreement to $15 million if it keeps replacing reserves to ...

Canadian Superior hits main target zone at Trinidad's endeavour well
Dec 30, 2008
Canadian Superior, along with its partners, BG International Limited and Challenger Energy Corp., having drilled the "Endeavour" well offshore Trinidad to a depth of approximately 17,063 feet subsea in the final section

Petrobras stands tallest after Round 10
Dec 22, 2008
Brazil’s state income earner Petrobras has won half of the 54 blocks on offer in the National Petroleum Agency’s Round 10 of licensing, Spanish-language news bureau EFE has reported.

Aker Solutions wins €45M pre-salt Brazil order
Dec 18, 2008
Sub-sea supplier contractor Aker Solutions has won a contract to supply Brazil’s much-touted Santos Basin with subsea trees and ...

SCAN Geophysical to spy Ecuador cache
Dec 16, 2008
An affiliate of Ecuadorian state champion Petroecuador has confirmed it will hire Norway-based SCAN Geophysical to survey 10,000 kilometres offshore the South American country.

Petrobras: $35 oil no pre-salt stopper
Dec 9, 2008
Backed by promises of help from sovereign wealth funds, Petrobras president Jose Sergio Gabrielli has denied analysts predictions that today’s ...
By Peter Howard Wertheim

Petrobras' oil production in Brazil up 8.3% in October
Nov 18, 2008
Petrobras’ average oil production, in Brazil, reached the mark of 1,872,970 barrels in October, an 8.3% increase over a year ago.