Brazilian state energy giant Petrobras (NYSE: PBR) has announced a new oil discovery in the pre-salt Santos Basin, ...

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 ...

Petrobras said it made a new oil discovery at an exploration well in the pre-salt Santos Basin off the coast of Brazil.

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

The development project targets 123 million bbl of 2P reserves (management estimates), with potential additional resources from other reservoirs to be appraised along the ...

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 oil ...

Subsea7 has secured a super-major contract by Petrobras, after winning a competitive tender, for the development of the ...

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Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a super-major contract1 by Petrobras, after winning a competitive tender, for the development of the Búzios 11 field located ...

Petrobras’ oil and gas production in the first quarter of 2025 rose by 5.4 percent, with average daily output of oil, natural ...

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

But the Campos Basin holds Brazil's first producing pre-salt oil well at the Jubarte field. Jubarte and Wahoo, a pre-salt discovery made last year by Anadarko Petroleum and Devon Energy ...