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May 15 - Petrobras has decided to develop the Aram discovery in the pre-salt layer of the Santos Basin, said Petrobras president Magda Chambriard this Friday (15). The company expects to have at least two producing wells by 2030, said the executive, in a press conference to discuss the company's investments in the state of... Continue Reading →
May 13 - ANP released a new version of the Permanent Concession Offer (PCO) notice. The document was revised to include 45 new exploratory blocks which, added to the areas already foreseen in the previous version, raise the total number of exploratory blocks to 495 and the number of areas with marginal accumulations available for... Continue Reading →
April 13, 2026 - Petróleo Brasileiro S.A. – Petrobras has identified the presence of hydrocarbons in the pre-salt of the Campos Basin, in an exploratory well drilled in Sector SC-AP4 of the Campos Basin, block C-M-477. Well 1-BRSA-1404DC-RJS is located 201 km off the coast of the state of Rio de Janeiro, at a water... Continue Reading →
April 6 (oilnow.gy) Grenada is preparing to invite bids for offshore exploration licenses by the fourth quarter of 2026, as it positions itself for entry into the upstream hydrocarbons sector. “Grenada is open for business and working toward awarding licenses in fourth quarter of 2026, inviting interested parties to submit bids for exploration licenses,” said... Continue Reading →
April 6 (agenciabrasil) The next auction of pre-salt oil exploration blocks will offer 23 areas, the National Agency of Petroleum, Natural Gas and Biofuels (ANP), the sector's regulatory body, announced this Monday (6). The confirmation was made through an update to the Permanent Production Sharing Offer (OPP) notice. Eight blocks were already included in the... Continue Reading →
April 6 (oilprice.com) Oil price shocks since the U.S. and Israel first struck Iran, the world’s fifth-largest oil producer, have global markets on edge. The sudden energy crisis, which emerged after Iran closed the Strait of Hormuz, preventing the passage of around a fifth of the world’s oil supply, emphasizes the importance of petroleum production in... Continue Reading →
April 6 (Reuters) France announced tenders for seven offshore wind projects totalling 10 gigawatts on Thursday as well as smaller solar and onshore wind tenders, adding the country will favour homegrown technologies in its bid to achieve energy sovereignty. The tenders are two years late due to political gridlock over financing renewables as France struggles... Continue Reading →
March 27 - The board of the National Petroleum Agency (ANP) approved a new version of the tender for the Permanent Production Sharing Offer (OPP). The update includes 15 new exploration blocks, which are added to the eight already foreseen, totaling 23 areas available for the next OPP cycles. The technical-economic parameters were also revised.... Continue Reading →
March 27 (offshoreWIND.biz) The Crown Estate has unveiled plans for the UK’s Offshore Wind Leasing Round 6 to be held in the first half of 2027, targeting the development of at least 6 GW of new capacity. The upcoming leasing process will focus on areas primarily located in the northeast of England. The sites are... Continue Reading →
March 19 (Reuters) - Brazilian oil regulator ANP will tell state-run oil firm Petrobras to supply the diesel and gasoline volumes that the company would have auctioned this week in deals later canceled, it said on Thursday. This comes within a package of measures to monitor fuel stocks and imports and prevent possible supply problems, the... Continue Reading →
Brazil Energy Insight 