PBR awards DOF $390 million in subsea inspection contracts, reshaping offshore operations across Brazil's key basins.
Petrobras failed one part of a test needed to obtain a license to drill in the Foz do Amazonas basin, Brazil's environmental agency wrote in its review made public on Wednesday.
PBR, along with other companies, asks Brazil's antitrust regulator Cade to review the Subsea7-Saipem merger, citing risks to competition and rising costs.
HOUSTON--(BUSINESS WIRE)--Global technology company SLB (NYSE: SLB) today announced a major contract from Petrobras (NYSE: PBR) to provide services and technology for up to 35 ultra-deepwater wells in
Brazilian environmental agency Ibama approved Petrobras' emergency response test in the Foz do Amazonas basin, while also requesting some adjustments be made before granting the state-run oil firm a l
PBR reportedly exits the ES-M-596 ultra-deepwater block after failed drilling, redirecting focus to higher-potential Espirito Santo assets.
PBR partners with WEG and Statkraft to launch Brazil's most powerful wind turbine, boosting renewable energy capacity and driving low-carbon development goals.
In the latest trading session, Petrobras (PBR) closed at $12.62, marking a -1.48% move from the previous day.
PBR expands its offshore edge by partnering with Baker Hughes, advancing production, safety and local supply chains in Brazil's pre- and post-salt fields.
PBR approves Brazil's first CCS pilot in Sao Tome, aiming to capture 100,000 tons of CO2 annually and support net-zero targets by 2050.
In the latest trading session, Petrobras (PBR) closed at $12.85, marking a +1.74% move from the previous day.
Brazilian state-run oil firm Petrobras said on Friday it had concluded the purchase of a 27.5% stake in block 4, located in the African island nation of Sao Tome and Principe, according to a securitie
PBR selects Vallourec for a $1 billion offshore pipe supply contract from 2026-2029, boosting Brazil's energy sector with premium tubular solutions.
Brazilian state-run oil company Petrobras has commissioned steel tubes maker Vallourec for the supply of its offshore operations through 2029, the steel tubes maker announced on Thursday.
PETROBRAS CHOOSES VALLOUREC TO SUPPORT $1BN OFFSHORE OCTG PROJECTS Meudon (France), on September 11, 2025 – Vallourec, a world leader in premium seamless tubular solutions, has been awarded a major
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