South AmericaBrasil. Petrobras reported that a monobuoy is submerging in a controlled way in the north of the Campos Basin, 113 km away from the city of Macaé, at a water depth of 85 meters.
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South America
Petrobras: Monobuoy Submerges in Campos Basin
OGX Makes Headway in 1Q
Brasilia. OGX reported results for the first quarter ended March 31, 2010. The following financial and operating information is presented on a consolidated basis, pursuant to Brazilian corporate law, in thousands of reais (R$), unless stated otherwise.
Strong interest for Peru bidding process for 25 oil blocks
Lima. Peru resumed the bidding process for more than two-dozen oil blocks, almost two years after a bribery scandal related to contracts awarded to a Norwegian company. The president of state-owned Perupetro, Daniel Saba, said that 25 new blocks will be put up for international public bidding.
Brazil poised to become major oil producer
Rio de Janeiro. Just when you thought Brazil had found about enough crude oil along comes news of another discovery, amid official plans to turn the country into a pre-eminent oil producer and exporter.
Gazprom looks to expand to Brazil
Moscow. Russian and Brazilian leaders sat down Friday to discuss trade relations focused on expanding Gazprom's presence in Rio de Janeiro, the Kremlin said.
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