BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3) informs its investors and the market in general of the preliminary and unaudited production data for the month of December 2025. The Company ended 2025 with an average production of 81,3 kboe/d, a 46% increase when compared to the previous year, with Papa-Terra and Atlanta standing out,... Continue Reading →
Transocean announces new contract with BP for drilling operation in Brazil
Jan. 4 - The Transocean Deepwater Mykonos rig has been contracted by BP for a campaign estimated at 302 days. Operations are scheduled to begin in the third quarter of 2026, contributing approximately US$120 million to Transocean's backlog. This amount does not include any additional services or compensation related to the mobilization and demobilization of... Continue Reading →
Petrobras Halts Drilling at the Equatorial Margin After Loss of Drilling Fluid in Rig
Jan. 6 (PN) The first operational challenge for Petrobras in the search for oil on the Equatorial Margin. The oil company halted drilling at the Morpho well, in block FZA-M-059, off the coast of Amapá last Sunday (4). In a note sent today the oil company explained that it interrupted the activity after identifying the... Continue Reading →
PRIO – December 2025 Operational Data
January 5, 2026 - PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices incorporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of December. Key: (1) The figures refers to PRIO’s 80% stake in Peregrino, considering production throughout the month. As the closing of the acquisition of the additional... Continue Reading →
Jereh Group Delivers Oil Separation Systems for Petrobras’ FPSO Units
Jan. 6 (OE) Chinese multinational oilfield equipment and services provider Jereh Group has delivered slop treatment units and oil purifiers to CIMC Raffles for Petrobras’ P84 and P85 floating production storage and offloading (FPSO) units, bound for deployment at the Atapu and Sépia fields, off Brazil. The equipment will support slop water and oil separation... Continue Reading →
M&O and Enaimco Form Strategic Partnership to Deliver Verified Operational Intelligence to the Brazilian Subsea Market.
Jan. 5 - M&O has entered a new strategic partnership with Enaimco, a Canadian technology provider offering an advanced SaaS platform designed to optimize subsea operations across the full asset lifecycle—from construction to abandonment. The Enaimco Platform bridges the gap between historical records and active operations to establish a Verified Point of Truth for streamlining... Continue Reading →
ANP Releases Consolidated Oil and Gas Production Data for November 2025
Jan. 5 - In November 2025, Brazil produced 4.921 million barrels of oil equivalent per day (boe/d) of oil and natural gas. The data was released today by the ANP in its Monthly Oil and Natural Gas Production Bulletin. Regarding oil, 3.773 million barrels per day (bbl/d) were extracted, a 6.4% decrease compared to the... Continue Reading →
Petrobras to Start Production at P-79 Oil Platform in Q2 2026
Jan. 5 (Reuters) Brazilian state-run oil firm Petrobras expects to start production at its P-79 oil platform in the Santos Basin in the second quarter, director for engineering, technology and innovation Renata Baruzzi told Reuters on Friday. Petrobras had previously projected the start of production at the P-79 platform for August this year. The platform... Continue Reading →
The Growing Backlash Against Data Center Expansion
Jan. 2 (oilprice.com) As tech companies worldwide invest heavily in the deployment of large-scale data centres to power advanced technologies, not everyone is so happy about the new phenomenon. Concerns over energy security and a prolonged reliance on fossil fuels are just two of the issues that are repeatedly coming up, as governments seek to... Continue Reading →
Petrobras starts production at Búzios 6
Jan. 2, 2026 - Petrobras began oil production from the P-78 floating production, storage and offloading (FPSO) vessel in the Búzios field, in the pre-salt layer of the Santos Basin, this Wednesday, December 31. Búzios 6 (P-78) has the capacity to produce 180,000 barrels of oil and 7.2 million m³ of gas per day. The... Continue Reading →