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Brazil: PGS gets green light for Petrobras 4D contract

PGS has been issued the final permit for the large 4D survey over the Barracuda Caratinga fields, offshore Brazil. The Ramform Victory will start data acquisition for Petrobras in early June. The contract has a duration of approx. eight months and will be completed in 2025.

Dollar Dips on Favorable Inflation Data and Global Market

On Tuesday, May 28, 2024, the U.S. dollar fell against the Brazilian real. This drop followed significant local economic data releases

Brazil sees jobless rate of 7 5 pct in February-April, marking 10-year low-Xinhua

Brazil sees jobless rate of 7.5 pct in February-April, marking 10-year low-

G20 Battles Inequality, Eyes Development Progress

G20 Battles Inequality, Eyes Development Progress
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Governments are ramping up actions to fight environmental crime across the Amazon, but is it working? (commentary)

After more than a decade of record-breaking deforestation across the Amazon Basin, rates declined in 2023 compared to the previous year. Measures to curb deforestation were led by Brazil and Colombia, whose newly elected presidents publicly pledged to end deforestation by 2030. While these reductions provided temporary respite, there are signs that anti-deforestation efforts are […]

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