Petrobras Settles U.S. Lawsuit with EIG for $283 Million Brazilian state-run oil giant Petrobras has reached a settlement in ...

Brazilian state-run oil firm Petrobras said on Friday its board approved an agreement to settle a U.S. court dispute with EIG ...

Petróleo Brasileiro S.A. - Petrobras PBR recently launched a new drilling campaign in Brazil’s largest pre-salt region to assess a promising discovery of significant oil reserves. Petrobras initiated ...

BP has completed drilling operations at the El Fayoum-5 gas discovery well in the North Alexandria Offshore Concession, ...

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Italy's Saipem has signed a collaboration agreement with Divento, a consortium led by Plenitude, CDP and Copenhagen ...

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On Tuesday, the Ministry of Labour, through its Occupational Safety and Health (OSH) Department, conducted an inspection of ...

Karim Badr, Egypt's Minister of Petroleum and Mineral Resources, has announced the resumption of development activities at ...

Brazil's oil regulators have temporarily halted several drillship operations, potentially impacting the country's expected ...

Galp, together with its partners NAMCOR and Custos, has hit oil and gas in another well drilled at PEL83 license at Orange ...

Brazilian regulators are cracking down on some offshore drilling by oil giants like Petrobras and Equinor ASA, complicating ...