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  • PetroRio concludes Brasoil acquisition

    3/21/17
    Brazilian oil and gas producer PetroRio, formerly known as HRT, has completed its acquisition of 100% of local junior Brasoil. In a securities filing, PetroRio said all conditions were met with Brasoil shareholders, who agreed to...

  • Petrobras to auction 7 offshore rigs

    3/17/17
    Brazil's state-run oil company Petrobras has launched an international call for bids for seven offshore drillships as it continues its multibillion-dollar divestment program. The units will be offered to investors at an auction in...