Offshore operations for this project are planned for 2026 and 2027. In April, Subsea7 announced a contract win from Shell Offshore for engineering services related to the Sparta deep-water ...

The new project is expected to raise production in the Buzios oilfield offshore Brazil ... TotalEnergies SE has 19.3 percent, Shell PLC 19.3 percent, China National Petroleum Corp. 9.65 percent ...

The stock's forward price-to-earnings (P/E) ratio of 4.61 is far lower than ExxonMobil XOM and Shell SHEL, which trade above or slightly below 10X earnings. This undervaluation reflects concerns ...

as TechnipFMC is busy working on the proposal for the Buzios-11 SURF gig that is being tendered by Brazilian state-controlled oil company Petrobras for the giant pre-salt field. Shell expects to ...

But that also means they're some of the busiest. Nearby Buzios is just a 2-3 hour drive down the coast, but could be a different continent. The lazy fishing village vibe of central Buzios feels ...

Nov 24 (Reuters) - Brazil's state oil firm Petrobras said on Thursday it received 10.3 billion reais ($1.9 billion) from Chinese oil and gas major CNOOC (0883.HK), opens new tab, a payment for a 5 ...

SAO PAULO, Feb 14 (Reuters) - Brazilian state-run oil firm Petrobras (PETR4.SA), opens new tab has confirmed the presence of oil in a well at its offshore Buzios field, the firm said on Friday ...