Aug. 12 (oilnow.gy) Guyana’s expanding oil production is helping create more work for tanker owners as growing volumes of crude from the Americas are shipped to buyers farther east, according to S&P Global. The trend is part of a wider increase in Western Hemisphere crude supply from Guyana, the United States, Brazil and Argentina. More of those... Continue Reading →
Proserv Accelerates Growth in Brazil Energy Sector Through Strategic Localisation
Aug. 11 - Aberdeen-headquartered Proserv, a global leader in controls technology, is accelerating its international growth with a strategic push into Brazil’s dynamic energy market; bringing proven expertise and high-value solutions directly to oil and gas operators seeking to optimize performance, reliability, and efficiency. This localisation marks a significant milestone in Proserv’s international growth strategy,... Continue Reading →
Yinson Offers the Lowest Bid in the Tender for the New Albacora Field FPSO
Aug. 10 (PN) Petrobras released the list of companies that submitted bids for the new Albacora FPSO in the Campos Basin. Malaysian company Yinson took the lead in the race, submitting the best offer at US$ 2.297 billion. Four other companies that also submitted bids: China's COOEC (US$ 2.842 billion); India's Shapoorji (US$ 2.9 billion);... Continue Reading →
Intermoor Secures Third Petrobras Services Contract
Aug. 10 (OE) Intermoor, Acteon’s Moorings and Anchors business line, has been awarded a new contract by Petrobras for the provision of inspection, preservation, maintenance, and operational readiness services for subsea interconnection, mooring and anchoring materials. This award marks the third contract secured by Intermoor from Petrobras in less than a year. Under the scope... Continue Reading →
Siemens Energy signs contract to supply equipment to Petrobras
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 →