Sept. 8 (OE) Brazilian drilling contractor Ventura Offshore has entered into an agreement with Eldorado Drilling to provide marketing and operations management services for the seventh-generation ultra-deepwater drillship Deep Value Driller, while also securing a drilling contract with Petronas E&P Bobara in Indonesia. The Petronas contract has an estimated value of approximately $58 million, including... Continue Reading →
Oil States secures three year agreement with Petrobras for subsea services
Sept. 7 - Oil States Brasil has secured a new contract with Petrobras to provide specialized maintenance and technical assistance services for subsea equipment. The three-year agreement covers support for Petrobras's subsea operations as well as for the exploration and production (E&P) consortia in which the oil company participates. The scope encompasses activities such as... Continue Reading →
OceanPact Completes Acquisition of Dock Brasil Shipyard
Sept. 7 - On August 31, 2026, OceanPact—through its wholly-owned subsidiary Estaleiro Farol de São Tomé Ltda.—completed the acquisition of all outstanding shares of Dock Brasil Engenharia e Serviços S.A., a shipyard located in São Gonçalo, Rio de Janeiro. Following the fulfillment of all requisite corporate and regulatory steps, Dock Brasil has become part of... Continue Reading →
Ibama grants Petrobras license, with conditions, to drill 3 new wells in the Foz do Amazonas Basin
Sept. 7 - Petrobras has successfully met Ibama’s requirements and has been granted the license to drill three additional wells in block FZA-M-059, located in the Foz do Amazonas Basin. The new wells—named Manga, Crotalus, and PAD Morpho—will be crucial for the oil company to determine the reservoir's size and assess the area's commercial potential.... Continue Reading →
Brazil’s 2027 Pre-Salt Oil Auction Could Bring in $4.4B
Sept. 7 (Reuters} Brazil's government expects to raise 22.4 billion reais ($4.4 billion) from an extraordinary pre-salt oil auction in 2027, according to an annex to the budget bill submitted to Congress, a revenue source that will be crucial to achieving its goal of posting its first effective primary surplus in years. The government of... Continue Reading →
Brava Energia Production Data August 2026
Sept. 3 - BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), informs its investors and the market in general the preliminary and unaudited production data for the month of August 2026. Potiguar – The production ramp-up continues to advance, supported by progressively higher steam injection volumes. Papa-Terra – Monthly production reflected the effects of... Continue Reading →
ABS to Support Japanese Company’s 18 MW Floating Wind Turbine Pilot in Brazil
Sept.4 (offshoreWIND.biz) The American Bureau of Shipping (ABS) and the Japanese engineering and technology company Japan Blue Energy (JB Energy) have signed a memorandum of understanding (MoU) to collaborate on strategic studies for a floating wind pilot project proposed for installation off Rio Grande do Sul, Brazil. Named Aura Sul Wind, the project will consist... Continue Reading →
PRIO Operational Data for August 2026
Rio de Janeiro, September 2, 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 August. Key: (1) Production at the Albacora Leste field was affected by a partial scheduled shutdown for cooling system maintenance. (2) At the Bravo... Continue Reading →
Petrobras May Simultaneous Drill in Block FZA-M-59 in the Future and IBAMA Issues Further Requirements
Sept. 2 (PN) Petrobras does not rule out the possibility of conducting simultaneous drilling operations using two rigs in Block FZA-M-59, located in the Foz do Amazonas Basin, at some point in the future. This possibility was discussed with the Brazilian Institute of the Environment and Renewable Natural Resources (Ibama) during a meeting in late... Continue Reading →
Shell reaches agreement with BP to acquire 50% stake in Tupinamba block, Santos Basin
Sept. 2 - Shell has signed an agreement with bp to acquire a 50% stake in the Tupinambá exploration block, located in the Santos Basin, as well as a 30% interest in five concessions comprising the Conifer exploration prospect in the Paleogene province of the deepwater US Gulf of Mexico. bp will retain the remaining... Continue Reading →