Petrobras (NYSE:PBR) said Friday it has made a new oil discovery at an exploration well in the pre-salt Santos Basin off the ...

In March, Petrobras reported that it had identified signs of oil in well 4-BRSA-1395-SPS, at a water depth of 1,759 meters and 245 kilometers from the city of Santos. "The company will now begin the ...

Brazil's Pre-Salt Oil Production Drives Growth Market players have invested heavily in floating production units to tap these deep fields. The FPSO Almirante Tamandaré can process 225,000 barrels ...

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In June, Brazil's state-run Pre-Sal Petroleo is set to hold an auction for oil to be produced under sharing contracts in pre-salt oil fields. President Luiz Inacio Lula da Silva's government aims ...

In the most recent tender, Petrobras invited companies to contract a 4D programme with the use of OBN to map reservoir ...

Equinor ASA EQNR, the Norwegian energy major, has signed a significant agreement to sell its 60% operated interest in Brazil's Peregrino oil field to PRIO Tigris Ltda., a subsidiary of Brazilian ...

Equinor’s Brazilian subsidiary has signed an agreement to sell its interest in the Peregrino field to Prio Tigris, a unit of ...

Equinor Brasil Energia Ltda., a subsidiary of Equinor ASA (EQNR.OL), announced on Thursday the sale of its 60% operated interest in Brazil’s Peregrino oil field to Prio Tigris Ltda., a unit of ...

Brazil's Petrobras has identified oil "of excellent quality and without contaminants" in an exploratory well at the pre-salt ...

Equinor's Brazilian subsidiary has signed an agreement to sell its interest in the Peregrino field to Prio Tigris, a unit of PRIO SA, Brazil's largest independent oil-and-gas firm, the company ...

Norwegian energy major Equinor is selling a 60% stake in a Brazilian oil field for about $3.50 billion, part of its effort to "high-grade" its international portfolio. Equinor's Brazilian ...