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Dec. 2- Brazilian oil and gas production — including pre-salt, post-salt, and onshore — hit a new record in October, reaching 5.255 million barrels of oil equivalent per day. In total, 4.030 million barrels of oil per day were produced, a 2.9% increase compared to September and a 23.2% increase compared to October 2024. Natural... Continue Reading →
Dec. 2 - Porto do Açu is optimistic about future demand in the oil platform decommissioning market, even after the adjustment in resources that Petrobras intends to allocate to this activity. The assessment is that, even if the state-owned company decides to extend production in more mature fields, the services provided directly or indirectly will... Continue Reading →
Dec. 2 - Intermoor, Acteon’s Moorings and Anchors business line, has been awarded a three-year contract by Petrobras, following a Memorandum of Understanding (MoU) signed at the Offshore Technology Conference (OTC) in Houston in May 2025. With work due to commence in December 2025, Intermoor will deliver comprehensive quality assurance and traceability services across Petrobras’... Continue Reading →
Dec. 1 - BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, and, following the Material Fact disclosed on September 18, 2025, hereby informs its investors and the market in general that, on December 1, 2025, the Company’s Level I American Depositary Receipts program (“ADR” and “ADR Program,” respectively) was... Continue Reading →
Dec. 1 - Ibama has authorized the decommissioning of five shallow-water production fields in the Sergipe Basin, which are part of the state's offshore field cluster. The fields are operated by Petrobras, which had already announced the closure of exploratory activities in the units in 2020. The specific fields authorized for decommissioning are:GuaricemaCaiobaCamorimDouradoRobalo The activity... Continue Reading →
December 1, 2025 – Petróleo Brasileiro S.A. – Petrobras announces that it has been notified by Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) regarding the approval of the addendum to the Production Individualization Agreement (AIP) of the Tupi Shared Reservoir, located in the Santos Basin, which becomes effective as of today. The... Continue Reading →
Dec. 1 (TN) TGS began, this Saturday (November 29th), 3D marine seismic survey in the Pelotas sedimentary basin, Pelotas Norte Phase I program, 96 kilometers off the coast of the municipality of Laguna, in Santa Catarina, between the municipalities of Florianópolis and Palmares do Sul, at depths greater than 200 meters. The research area was... Continue Reading →
Nov. 28 - Petrobras has postponed the contracting of two FPSO (floating production, storage and offloading) units until after 2030: one for the Albacora field revitalization project and the other for the second FPSO for Sergipe Águas Profundas (SEAP). Both units were left out of the horizon of the company's new 2026-2030 Business Plan. The... Continue Reading →
Nov. 28 - The company's new strategic plan for the period between 2026 and 2030 reveals a paradigm shift in the search for new reserves. Although the pre-salt layer will continue to receive a significant amount of investment, the Equatorial Margin will receive the largest share of the state-owned company's resources over the next five... Continue Reading →
Nov 27 (Reuters) - Brazilian state-run oil firm Petrobras has lowered its dividend forecast and cut expected investments by almost 2% in a new five-year business plan announced Thursday, as it grapples with lower crude prices. Petrobras expects to dole out between $45 billion and $50 billion during the 2026-2030 period in ordinary dividends, a... Continue Reading →
