Brazilian oil giant Petrobras has launched a fresh tender aimed at contracting up to 10 newbuild offshore support vessels, the latest manoeuvre designed to give extra impetus to the country’s ailing shipbuilding industry. The new tender calls for the ...

Try as so many private and government organizations might, switching everywhere on Earth over to clean, renewable energy — including some strange sources being explored — is still a long way away. Thus, oil remains one of the hottest commodities on the ...

Energy tech major Baker Hughes Co. has secured a multi-year extension from Petroleo Brasileiro S.A. (Petrobras) for the deployment of the Blue Marlin and Blue Orca stimulation vessels. Baker Hughes said in a media release these vessels support the ...