January 7, 2018

DOF Subsea awarded two new ROV contracts by Petrobras in Brazil

DOF Subsea has been awarded two new ROV contracts by Petrobras in Brazil for ROVs to be installed on board Skandi Angra and Skandi Paraty. The […]
January 5, 2018

Rowan Purchase Two Petrobras Rigs

Rowan Companies plc (“Rowan” or the “Company”) (NYSE: RDC) announced today that it has concluded the purchase of two LeTourneau Super 116E jack-up rigs, the P-59 […]
January 3, 2018

Petrobras to pay $2.95 billion over corruption

Brazil’s state-controlled oil company, Petroleo Brasileiro SA, said on Wednesday that it has agreed to pay $2.95 billion to settle a U.S. class action brought by investors who […]
December 18, 2017
MODEC to deliver Sepia FPSO

Petrobras reaches deal with Modec for Libra platform

Brazil’s Petroleo Brasileiro SA has closed a deal with Japan’s Modec Inc, which will build and operate a platform for oil production in the nation’s Libra […]
December 14, 2017

Petrobras to take stakes in 3 blocks

Brazil’s state-controlled oil company Petrobras will exercise its right of first refusal over three of the areas to be auctioned off in June in the country’s […]