Brazilian state-owned energy giant Petrobras has signed on the dotted line to buy out Petronas Petróleo Brasil Ltda. (PPBL), a subsidiary of Malaysia’s energy giant Petronas, and secure sole ownership of two assets in the Campos Basin off the coast of …
Petrobras takes back full ownership of Brazilian offshore oil fields Read More »
Luxembourg-domiciled Subsea7 has been tasked with work in the Santos Basin on a field development project, which is described as one of the largest pre‑salt expansion phases off the coast of Brazil.
The post Subsea7 rakes in over $1.25 billion for Bra…
Subsea7 rakes in over $1.25 billion for Brazilian oil & gas job Read More »
Houston-headquartered energy player Occidental (Oxy) has unveiled a new oil discovery at a prospect in the Gulf of America (U.S. Gulf of Mexico).
The post New oil discovery comes to light in Gulf of America appeared first on Offshore Energy.
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CB&I, a designer and builder of storage facilities, tanks, and terminals owned by a consortium of financial investors led by Mason Capital Management, has expanded its service offering with the purchase of Petrofac’s Asset Solutions business, a pro…
CB&I all done with acquisition of Petrofac’s Asset Solutions business Read More »
Elenger, Finland’s privately owned energy company by Infortar, has set the wheels in motion to get ready for the next heating season by securing five liquefied natural gas (LNG) cargoes this spring.
The post European firm lines up five LNG cargos to u…
European firm lines up five LNG cargos to up gas storage ante Read More »