Posts Tagged ‘Brazilian Government’

One Day – One Country: Brazil

Key Projects and Business Highlights 2014 Over the last months the national oil company Petroleo Brasileiro S.A. (Petrobras) has tried to draw conclusions from the lessons hardly learnt on last years with the consequences to delay projects and see the oil and gas production flattening despite the most massive capital […]

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Sete Brasil confident to deliver its 29 pre-salt oil-rigs program ontime

Sete Brasil secured financing for nine first drilling ships Sete Brasil Participacoes SA (Sete Brasil) secured $3.7 billion loan to finance the first series of nine drilling rigs out of its $20 billion capital expenditure program for the construction of 29 rigs required by Petroleo Brasileiro (Petrobras) to develop the […]

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Toyo extends its footprint in Brazil with SOG joint venture

Toyo and SOG create TS Participações S.A. Last month MODEC TOYO Offshore Production Systems Pte. Ltd. (MTOPS), a joint company created by Toyo Engineering Corporation (Toyo) and MODEC, Inc. (MODEC) established in Singapore, has been awarded a EPC contract to install topsides units for a Floating Production, Storage and Offloading (FPSO) system from Dutch […]

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