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Dec. 29 (TN) In another modernization process and commitment to the market, Petrobras announces the online auction of two deactivated offshore platforms following a decommissioning plan. Platform P-26 (pictured), located in São João da Barra (RJ), has a starting bid of R$ 1.5 million, while P-19, located in Macaé (RJ), starts at R$ 1.6 million.... Continue Reading →
Dec 29 (Reuters) - Brazil's Superior Labor Court ruled staffing levels to remain at 80% at all Petrobras facilities in Brazil as negotiations between workers at the state-run oil company drag on amid a prolonged strike. In a statement from the court, the ruling made on Saturday also bars worker unions from blocking the transportation of... Continue Reading →
Dec 26 (Reuters) - Brazilian union Sindipetro-NF, one of the largest representing Petrobras (PETR3.SA), opens new tab workers, has rejected the most recent proposal by the state-run oil firm to end a 12-day-long strike, it said in a statement on Friday. Sindipetro-NF represents about 25,000 workers in the oil industry, including ones in Petrobras' offshore oil platforms... Continue Reading →
Dec. 23 - OceanPact, which operates in maritime support, has signed another four-year contract with Petrobras, worth approximately R$ 500 million, for the chartering of the vessel Rochedo de São Paulo. The scope of the contract includes the handling and maintenance of offloading hoses – large hoses used in the transfer of oil between maritime... Continue Reading →
Dec. 23 – Petrobras announces that its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”) has delivered notices to the holders of the outstanding 8.750% Global Notes due 2026 (the “Notes”) announcing the redemption price for the Notes. As previously announced, the redemption date for the Notes will be December 29, 2025 (the “Redemption Date”). Title... Continue Reading →
Dec. 23 - Petrobras, following up on the announcement dated December 15, 2025, informs that, in light of the progress in negotiations related to Braskem and in order to expedite the necessary authorization procedures, Shine I Fundo de Investimento em Direitos Creditórios de Responsabilidade Limitada (FIDC) submitted today the potential transaction to Brazil’s Administrative Council for Economic Defense (CADE), with... Continue Reading →
Dec. 23 (PN) The year ends with a new important milestone for Brazil's oil and gas sector. The country will close 2025 with 433 exploration blocks under contract, the highest number in history, according to data from the National Petroleum Agency (ANP). The best result until then had been recorded last year, when there were... Continue Reading →
Dec. 23 (PN) Everything is fine with the P-68 floating production, storage and offloading (FPSO) vessel, which has resumed production in the Berbigão field, in the pre-salt layer of the Santos Basin. The unit's operation was suspended last Friday (19th) after a fire broke out in the water treatment unit panel of the platform. Production... Continue Reading →
Dec 23 (Reuters) - Brazilian state-run oil firm Petrobras' Tupi field briefly reached a production pace this week that, if sustained for a full day, would amount to 1 million barrels, three sources familiar with the matter told Reuters. The milestone suggests that the field, once Brazil's largest, is on track to return to output... Continue Reading →
Dec. 22 - The Brazilian National Petroleum Agency (ANP) has given its approval for the start of operations of the FPSO P-78 in the Búzios field, in the pre-salt layer of the Santos Basin. The vessel has a production capacity of 180,000 barrels of oil, in addition to compressing 7.2 million m³ of gas per... Continue Reading →
Brazil Energy Insight 