Seadrill bags two contracts worth £412m for work in Brazil
Seadrill has today announced that it has secured two contracts with Petrobras for work on the Buzios field, offshore Brazil.
Source: energyvoice.com
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Brazil's Petrobras to invest $68 bil in 2022-2026 as it boosts spending | Hellenic Shipping News Worldwide
Petrobras will boost investment spending over the next five years amid a recovery in global demand, with development of the massive Buzios Field in the country’s subsalt frontier expected to push crude oil output to 2.6 million b/d by 2026, the Brazilian state-led oil company said. It outlined $68 billion worth of investments for the ...
Source: hellenicshippingnews.com
Petrobras sets five-year budget at $68bn with focus on pre-salt assets
Brazilian oil giant to channel bulk of investments to upstream activities
Source: upstreamonline.com
CNOOC begins production from China's offshore oil project
CNOOC has started production from the Lufeng oil fields regional development project located in the Eastern South China Sea.
Source: offshore-technology.com
Saipem secures $940m contract from Petrobras for Brazilian project
Petrobras has awarded a subsea contract worth approximately $940m to Saipem for the Búzios 7 project offshore Brazil.
Source: offshore-technology.com