Brazil plans to auction an offshore oil discovery, believed to be its largest ever, later this year. Rights to explore and develop blocks in the Libra field, which is expected to produce around 12 billion barrels of recoverable oil over 35 years, will be on offer in the first bidding round in October. Brazil’s national […]

A UK engineering and construction firm has been awarded a contract to build a gas-to-chemicals facility in Brazil. Foster Wheeler’s agreement for Petrobras’ ‘Complexo Gas-Quimico UFN-IV’ will include design, technical assistance and training during the construction phase up until the successful completion of the plant. The plant is expected to produce more than 1million tonnes […]

Rolls-Royce has been awarded contracts worth up to $650 million by a Brazilian oil and gas company, Petrobras. Rolls-Royce will supply 32 gas turbines, which includes waste to heat recovery units. The turbines will be used on eight specialist vessels for the extraction of oil and gas. The British company will also provide long-term services, […]

Skanska is to design and build a new 550MW natural gas thermal power plant in Rio de Janeiro, Brazil. The engineers won the $490million contract from Brazilian oil, gas and biofuels firm Petrobras. The power plant will be built in the city of Seropédica, 75 kilometres away from the capital.

An explosion at an oil refinery in Argentina has killed one person, according to Reuters. The plant, owned by Brazil’s Petrobras and located in the southern port city of Bahia Blanca, has a refining capacity of 31,000 barrels per day. Petrobras said in a statement: “Industrial operations were not affected or involved in the incident, […]

Petrobras has announced two new oil and gas finds off the coast of Brazil in the Espírito Santo basin. Brazil’s state-run oil firm, which operates globally, said they struck lucky at wells informally known as “Pé de moleque” and “Quindim”. It follows a previous find in the same area. The company shares operation of the […]

EDF has been named as the second biggest infrastructure owner in the world, beaten only by the US government. And of the other organisations in the top 10 owners’ ranking, seven are energy companies. The Bentley Infrastructure 500 lists both public and private sector owners of infrastructure and is based on the value of their […]