Oct. 2 (TN) The ANP Board of Directors approved (Oct 2) the delimitation of 11 new exploratory sectors in the Brazilian Equatorial Margin—within an area incorporated into the Brazilian Continental Shelf—and the configuration of 501 new exploratory blocks within these sectors. The decision updates the region's territorial organization following the extension of the Brazilian Continental... Continue Reading →
Petrobras makes new oil discovery in Ultra-Deep Waters off the Coast of Amapá
Oct. 2 - Petrobras has found another oil-bearing interval in the Morpho well (1-BRSA-1405-APS), which constitutes a new discovery in block FZA-M-59, located in ultra-deep waters off the coast of the state of Amapá, at a water depth of 2,886 meters. The continued drilling of the well, following the discovery announced in August 2026, was... Continue Reading →
Brazil Oil and Gas production in August 2026 reached 6.002 million boe/d
Oct. 1 - ANP reports that in August 2026, Brazil produced 6.002 million barrels of oil equivalent per day (boe/d) of oil and natural gas. Regarding oil, 4.615 million barrels per day (bbl/d) were extracted, an increase of 2.6% compared to the previous month and 18.4% compared to the same month in 2025. Natural gas... Continue Reading →
EPE estimates potential of 1 trillion cubic meters of natural gas in the Pelotas Basin
Sept. 30 (PN) The Pelotas Basin, located in the Brazilian southern region, may hold approximately 1 trillion cubic meters of recoverable natural gas, according to a preliminary estimate by the Energy Research Office (EPE). The assessment also indicates a volume of approximately 3.4 billion barrels of recoverable oil. In total, the study estimates 17.9 billion... Continue Reading →
Petrobras Platform P-80 (Búzios 9) Begins Journey to Brazil
Sept. 30 - The P-80 platform departed the Tuas Boulevard Yard in Singapore on Wednesday ( (September 30th), bound for the Búzios field in the pre-salt Santos Basin, Brazil’s largest field in terms of reserves and production. With the capacity to produce 225,000 barrels of oil and process 12 million cubic meters of gas per... Continue Reading →
Brazil briefed French, German officials on alleged US, Russian election interference
Sept 30 (Reuters) - A French and German delegation travelled this month to Brasilia, where intelligence officials briefed them on alleged US and Russian interference before Brazil's election, according to sources and documents seen by Reuters. Officials from Abin, Brazil's spy agency, "confirmed the existence of interference from the United States as well as Russia,"... Continue Reading →
Brava Energia: Papa-Terra Field start of production at well PPT-52
Sept.29 - BRAVA ENERGIA S.A. ("Brava" or the "Company") (B3: BRAV3), pursuant to CVM Resolution No. 44, hereby informs its investors and the market in general that it commenced production at well PPT-52 on this date, following authorization from the Brazilian Institute of the Environment and Renewable Natural Resources (“Ibama”). The well is part of... Continue Reading →
22-year Cheniere-Petrobras LNG pact expands energy bridge between North and South America
Sept. 29 (offshore-energy.biz) As global energy markets continue to navigate the volatility, long-term commitments are becoming the ultimate currency, which U.S.-headquartered energy player Cheniere Energy’s liquefied natural gas (LNG) deal with Brazil’s state-owned Petrobras hammers home, as it binds U.S. Gulf Coast liquefaction terminals to Brazil’s energy grid for more than two decades. Cheniere Energy’s... Continue Reading →
SBM Offshore Taps Chinese Contractor for FPSO Topside Modules
Sept. 29 (OE) China-based BOMESC Offshore Engineering's wholly owned subsidiary Tianjin BOMESC has signed a contract with SBM Offshore for the design, procurement and construction of topside modules for a floating production, storage and offloading (FPSO) destined for South America. Tianjin BOMESC Offshore Engineering will build the modules at the company's Lingang Offshore Heavy Industry... Continue Reading →
Electrical fault triggers oil output deferral and rig intervention plans at Karoon’s Brazilian field
Sept. 28 (offshore-energy.biz) Just three months after installing a brand-new electrical system to boost its flagship Brazilian offshore field, Karoon Energy, an ASX-listed international oil and gas exploration and production player, is heading back to the drawing board. After noting a fault on the monitoring system of the SPS-92 well at the Baúna field, Karoon... Continue Reading →