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September 3, 2025 – Petróleo Brasileiro S.A. – Petrobras announces that its wholly-owned subsidiary, Petrobras Global Finance B.V. (“PGF”), has commenced an offering of two new series of U.S. dollar-denominated global notes in the international capital markets (the “Notes”), subject to market and other conditions. The Notes will be unsecured obligations of PGF and will... Continue Reading →
Sept. 3 (OE) Engineers in the U.K. and Brazil have developed a tentacle-like underwater robot that could change how subsea pipelines and offshore structures are inspected, offering a safer and more precise alternative to conventional rigid systems. The one-meter-long flexible manipulator, created by the U.K.’s National Robotarium and Brazil’s Senai Cimatec, features a soft, bendy... Continue Reading →
Sept 2 (Reuters) - Brazil has made a formal request to become a member country of the International Energy Agency (IEA), said the IEA on Tuesday, in a move which would reinforce Brazil's importance in global energy markets. The IEA said it had a received a letter at its Paris headquarters from Brazilian government ministers,... Continue Reading →
Sept. 2 (OE) Altera Infrastructure has entered into an agreement to sell its entire floating production, storage and offloading (FPSO) business to global investment firm Carlyle. The acquired business includes Altera’s full FPSO portfolio, the floating storage and offloading (FSO) unit Yamoussoukro and the 50% ownership in the joint venture Altera&Ocyan. The portfolio includes the... Continue Reading →
Sept. 2 (OE) TechnipFMC has secured two subsea contracts from Brazil’s state-controlled oil company Petrobras to supply flexible pipe systems for projects in the Santos and Campos basins. The first award, classed by TechnipFMC as ‘substantial’ and valued between $250 million and $500 million, covers the design, engineering and manufacture of flexible gas injection risers.... Continue Reading →
Sept. 2 (OE) Fugro has signed two three-year contracts with offshore energy services company Constellation to support deepwater exploration activities in Campos Basin and the emerging Equatorial Margin, two of Brazil’s most strategically important regions. Fugro’s work will involve deploying advanced remotely operated vehicles (ROVs) aboard Constellation-managed vessels to carry out subsea equipment inspections, interventions... Continue Reading →
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 2025. The Company achieved an average daily production of 92.4 thousand boe in August, a 1.6% increase over the previous month, renewing its all-time production record for the... Continue Reading →
Sept. 1 (Agencia Brasil) In July, Brazil surpassed the 5 million barrels of oil and natural gas production per day mark for the first time in history. The record 5.160 million was announced this Monday (1st) by the National Agency of Petroleum, Natural Gas and Biofuels (ANP), the oil and gas industry regulator. Regarding oil... Continue Reading →
Aug. 29 (Reuters) -Brazil plans to announce a tax incentive plan in early September aimed at attracting foreign tech companies to build data centers in the country, two economic policy officials told Reuters. The sources, who requested anonymity to discuss the confidential plans, said the "Redata" program is designed to build goodwill with big tech... Continue Reading →
Aug 29 (Reuters) - Brazil's state-run oil firm Petrobras has been receptive to a proposal by IG4 Capital to take over engineering group Novonor's controlling stake in Latin America's largest petrochemical company, Braskem, four people familiar with the talks told Reuters. Petrobras, Braskem's second-largest shareholder, holds a right of first refusal for Novonor's stake under... Continue Reading →
Brazil Energy Insight 