April 13, 2026 – Petróleo Brasileiro S.A. - Petrobras announces that its Board of Directors has today approved the final investment decision (FID) for the SEAP I project, in the Sergipe-Alagoas Basin, consolidating the development of Sergipe Deepwater (SEAP), a new oil and gas production frontier in the country. The FID for the SEAP II... Continue Reading →
The Brazilian Federal Court of Accounts (TCU) Audits Petrobras’ Contracting of Floating Production Storage and Offloading (FPSO) Vessels
The Brazilian Federal Court of Accounts (TCU) conducted an audit to analyze how Petrobras contracts and operates FPSOs. These vessels are used to process oil and gas at sea, store it, and then transfer it to other ships. They are important for Petrobras because they are more flexible and faster to install than stationary exploration... Continue Reading →