Aug.10 (cnnbrasil) German equipment manufacturer Siemens Energy has signed a contract with the Dutch company SBM Offshore to supply power generation and gas compression systems. These systems will be installed on the P-81 and P-87 platforms, which are destined for Petrobras projects in the Sergipe-Alagoas Basin. The value of the contract was not disclosed. In... Continue Reading →
Boskalis’ vessel duo pulls off Brazil-to-Denmark tow of MODEC’s FPSO
Aug. 10 (offshote-energy.biz) Two ocean-going tugs from the fleet operated by Boskalis, a Dutch offshore services provider, have undertaken a floating production, storage, and offloading (FPSO) tow mission across the Atlantic. Boskalis has shed light on the role its ocean-going tugs BOKA Alpine and BOKA Glacier recently played in completing a major FPSO towage operation. Each with a bollard... Continue Reading →
Petrobras to anticipate first oil from P-80 to first quarter of 2027
Aug 9 - Petrobras is working to bring forward the start of production for the P-80 platform, scheduled for the Búzios field in the Santos Basin. According to the company's Director of Engineering, Technology, and Innovation, Renata Baruzzi, the goal is to achieve first oil from the unit in the first quarter of 2027 rather... Continue Reading →
ANP Defines Blocks for Upcoming Permanent Offer Auctions in December
Aug. 7 (PN) The Special Bidding Commission (CEL) of the National Agency of Petroleum, Natural Gas and Biofuels (ANP) announced the sectors and blocks that will be part of the 6th Permanent Offer Concession Cycle (OPC6) and the 4th Permanent Offer Production Sharing Cycle (OPP4), with public sessions scheduled for October 7, 2026 In the... Continue Reading →
Petrobras likely to beat 2026 oil production target, CEO says
Aug 7 (Reuters) - azil's state-controlled oil company Petrobras will likely produce more oil than it had forecast for 2026, CEO Magda Chambriard said on Friday during an earnings call with analysts. She said the company's oil output in the second quarter was 200,000 barrels per day higher than its target. So far this year, Petrobras... Continue Reading →
This Megaproject Could Keep Brazil’s Oil Boom Running Deep Into The 2030’s
Aug. 7 (oilprice.com) BP’s Bumerangue discovery is more than another giant Brazilian oil find: it could become the project that keeps both BP’s upstream portfolio and Brazil’s production boom alive well into the 2030s. With an estimated 2.5 billion barrels potentially recoverable and peak output that could reach 600,000 b/d, the ultra-deepwater development is large enough to... Continue Reading →
Brava Energia execution of Long Term Agreement for the Purchase of Oil Produced by Petroreconcavo
Aug 7 - BRAVA ENERGIA S.A. (“Brava” or the “Company”) (B3: BRAV3), in compliance with the provisions of CVM Resolution No. 44, hereby informs its shareholders and the market in general that it has entered into a new agreement for the purchase and sale of crude oil produced by PetroReconcavo S.A. (“PetroReconcavo”) in the Potiguar... Continue Reading →
Petrobras informs about shareholder remuneration
Rio de Janeiro, August 06, 2026 – Petróleo Brasileiro S.A. - Petrobras, pursuant to CVM Resolution No. 44/21, informs that its Board of Directors, in a meeting held today, approved the payment of shareholder remuneration in the amount of R$ 17.4 billion, equivalent to R$ 1.34814262 per outstanding common and preferred share, as an anticipation... Continue Reading →
Petrobras financial performance – 2Q26
Rio de Janeiro, Aug 06, 2026 “The operational records we achieved in this second quarter led to one of Petrobras’ highest quarterly financial results in our time series. The increase in oil and oil products output, alongside higher Brent prices, strengthened our cash generation." Fernando Melgarejo, Chief Financial and Investor Relations Officer ... Continue Reading →
Raia Project Advances with the Completion of Gas Pipeline Section and Delivery of First Producing Well
Aug. 6 (PN) The Raia project, operated by Equinor in the Campos Basin pre-salt, has reached new milestones in its development phase. The company completed the installation of a 186-kilometer ultra-deepwater section of the gas pipeline that will connect the field to the coast of Rio de Janeiro, using pipes manufactured by Tenaris with 99%... Continue Reading →