Brazil

SBM Offshore, a group of companies headquartered in the Netherlands, announced the signing of an agreement to finance the Alexandre de Gusmão FPSO project for a total of $1.615 billion. SBM Offshore designs, builds, installs and operates offshore platforms for the oil and gas industry. The project is financed by …

France’s TotalEnergies has signed a production sharing agreement for its Agua Marinha block with other operators, the company said in a press release. “TotalEnergies and its partners Petrobras, QatarEnergy and Petronas Petróleo Brasil Ltda (PPBL) signed a production sharing agreement for the Agua Marinha block on May 31, 2023,” the …

China National Offshore Oil Corporation (CNOOC), China’s state-owned oil and gas corporation, has started production at Brazil’s large Buzios field, the company said in a statement. It is noted that the Buzios oil field is located in the Santos oil and gas basin in the southeast of Brazil at a …

The company invested US$ 39 million in the construction of its Research and Development Center in Brazil, located in UFRJ’s Technological Park. The entire investment plan underway in Brazil reaches US$ 370 million. In order to offer the highest technology, excellence and innovation to its Brazilian and global customers in the energy sector, …

Caterpillar is pleased to announce the RBNA Classification Society has certified the Cat® 3500C diesel electric propulsion generator set packages to meet local content regulations in Brazil. RBNA, a division of ANP, certified the 3500C products meet in excess of sixty percent local content. As announced previously, Caterpillar expanded operations …

Topaz Energy and Marine (‘Topaz’), a leading international oilfield services group, today announced that it has agreed to acquire two offshore supply vessels in Brazil based on a total delivered price of $40.4 million. The vessels, Sea Otter and Sea Marten, were built in 2007 and 2010 and are both …