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

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 ...

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

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

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The contract scope for the field located at a water depth of 2,000 meters (6,561 feet) in the pre-salt Santos basin includes ... at Subsea7’s spoolbase in Brazil, with offshore activities ...

The laboratory is responsible for operating Sirius—the largest and most complex scientific structure ever built in Brazil and one ... are subjected to in the pre-salt layer, which has not ...

Despite the declining global crude price, a ranking showing the world's top 10 largest producer countries has emerged, with ...

It was extremely important for the development of Brazil from 2000 to 2010, with the discovery of pre-salt oil. However, the company almost went bankrupt after 2015, when it was considered the ...

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