By December 2017. the volume of active rigs was less than half of what it was two years earlier.
Read More »Japan Firms Eyes in Brazil’s Vast Offshore Oil Deposits
Much of Brazil’s oil from offshore basins are buried under a thick layer of salt on the sea floor.
Read More »Brazil. Iran Consider Energy Projects
Brazil'.s top exports to Iran include food. medication. minerals and automobiles.
Read More »Iran in Talks to Build Oil Refinery in Brazil
Brazil is Iran'.s main trading partner. with most business conducted in the mining and agriculture sectors.
Read More »ExxonMobil. Petrobras form strategic alliance
Petrobras and ExxonMobil have signed a memorandum of understanding regarding a strategic alliance to jointly identify and evaluate potential business opportunities.
Read More »Brazil Rejects Saudi Arabia`s Overtures on Oil Output Cuts
OPEC meets at the end of this month and has been widely expected to extend the deal.
Read More »Petrobras Begins Negotiation with BP towards Strategic Alliance
For Petrobras. the achievement of partnerships is an important strategy of the 2017-2021 Business and Management Plan.
Read More »Qatar Petroleum Part of Winning Consortium for Oil Exploration Offshore Brazil
The block was offered as part of Brazil'.s 3rd production sharing bidding round.
Read More »Offshore Investment Returning to Brazil. Mexico and Guinea
Latin America'.s active drilling rig count stood at 190 in May. further proof of the upward trend in E&.P investment.
Read More »The Next Big Offshore Boom Is About to Happen in Brazil
Exxon will now join these fellow supermajors in the Brazilian shelf. partnering with Petrobras on six of the ten licenses it won.
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