The exploratory well in the Aram block, is located 248 kilometers off the Santos coast, at a water depth of 1,952 meters Petrobras has announced a new oil discovery in the pre-salt Santos Basin ...

Petróleo Brasileiro S.A. - Petrobras PBR has announced a significant oil discovery in the pre-salt layer of the Santos Basin. The oil has been discovered at 3-BRSA-1396D-SPS wells, located in the ...

Petróleo Brasileiro S.A. - Petrobras PBR has announced a significant oil discovery in the pre-salt layer of the Santos Basin. The oil has been discovered at 3-BRSA-1396D-SPS wells, located in ...

The company said last week that it discovered “excellent quality” oil at the Aram block in the deep-water Santos Basin. It also resumed onshore exploration in Brazil’s Bahia state after a ...

Petrobras strikes high-quality oil in Santos Basin Pre-Salt Aram block Brazil's Central Bank signs currency swap with People’s Bank of China FPSO Sepetiba begins production at Petrobras’ third ...

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Whitecap Resources Inc. has officially completed its $15-billion merger with Veren Inc., creating Canada’s seventh-largest oil and gas producer by output. The combined company will operate under ...

Revenue: CA$10.9b (up 33% from 1Q 2024). Net income: CA$2.46b (up 149% from 1Q 2024). Profit margin: 23% (up from 12% in 1Q 2024). The increase in margin was driven by higher revenue. EPS: CA$1.17 ...

INEOS Energy and Royal Wagenborg have officially launched and named Carbon Destroyer 1, the first European-built offshore CO? carrier designed to support large-scale carbon capture and storage ...

Terje Askvig, CEO of Prosafe says:?"The tender process with Petrobras resulted in the Safe Notos being best placed, and after a qualification and negotiation phase we are very pleased to be ...