Tuesday, July 22, 2025
Exxon, Chevron and Petrobras win exploration rights for disputed offshore Brazil region- oil and gas 360

Exxon, Chevron and Petrobras win exploration rights for disputed offshore Brazil region

(World Oil) –  Petrobras, Exxon Mobil Corp. and Chevron Corp. have won exploration rights in Brazil’s Equatorial Margin, betting that the nation’s environmental regulator will finally open the promising offshore oil region for drilling after years of delay. Brazil sold 19 out of 47 blocks offered in Foz do Amazonas basin in deep waters near the equator, making it the

DOF awarded $480 million in Petrobras contracts for offshore Brazil- oil and gas 360

DOF awarded $480 million in Petrobras contracts for offshore Brazil

(World Oil) – DOF Group ASA has secured four long-term charter and service contract awards with Petrobras in Brazil following a competitive tender process. Skandi Iguaçu, one of the biggest AHTS vessels ever built in Brazil with a 350mt+ bollard pull (BP) and large winch storage capacity has been contracted for four years with expected commencement in February 2026 in sequence