Petrobras to hire new FPSO for the Buzios field, starts bidding process
The P-80 will be the largest oil production unit operating in Brazil...
Tag : oil and gas
Brazil’s oil production falls 6% in Q1: Report
Brazil produced an average of about 2.8 mn bpd during the period...
Iraq to finalise sale of Exxon’s stake in the West Qurna-1 oil field by June
Exxon to sell its 32.7% stake in the oilfield...
Saudi Aramco and EIG led consortium agree $12.4 bn pipeline deal
Aramco will sell 49% stake in Aramco Oil Pipelines Company...
Petrobras acquires BP’s stake in six offshore blocks in Foz do Amazonas Basin
BP transferred its 30% stake in Petrobras...
Petronas discovers new oil and gas in Miri
It is located in the shallow waters of the Balingian province in offshore Miri, Sarawak...
Aramco China to co-operate to develop new tech, fight climate change
Saudi Aramco has pledged a 50-year partnership with China...
Oil demand to increase in 2021: Aramco CEO
He expects demand to grow as governments and authorities around the world reopen economies...
Shell mulls divesting non-operated assets in Malaysia
This is a part of its continuous global portfolio rationalisation...
PetroRio agrees to buy 28.6% stake in Total’s oilfield offshore Brazil
The Wahoo oilfield, located in the BM-C-20 block has a production capacity of over 140 mn barrels...