(PN) Petrobras had to restart drilling the pioneer well (1-BRSA-1401D-RJS) in the Agua Marinha pre-salt layer of the Campos Basin. The new well, technically named 1-BRSA-1401DA-RJS, is in a water depth of 2,601 meters. The drilling is being carried out with the Deepwater Aquila drillship. In addition to the Agua Marinha activity, Petrobras drilled a... Continue Reading →
EDF weighs stake sales in North American, Brazilian renewables units
(Reuters) - France's EDF is weighing options to bring in capital to both its North American and Brazilian renewables businesses, a company spokesperson said on Wednesday, which could include stake sales of as much as 50%. The comments followed a report by Bloomberg News citing people familiar with the matter as saying the state-owned utility... Continue Reading →
Brazil Government Opens Discussion on Selecting Areas for Offshore Wind Power
(Eixos.com.br) Amid market pressure to hold the first auction for offshore wind power generation in Brazil, the Ministry of Mines and Energy (MME) opened a public consultation on July 14th to improve the methodology for selecting areas for the activity. The objective of the consultation is to refine the definition of technical, environmental, economic, and... Continue Reading →
Strohm Wraps Up Deepwater TCP Trials for Petrobras
(OE) Strohm, a thermoplastic composite pipe (TCP) solutions specialist, has completed the first field trials with Petrobras for its TCP pipe design offshore Brazil, at water depths of approximately 1,500 meters. The testing and engineering assessments, which were conducted in the Campos Basin in June, have demonstrated the pipe’s performance under real-world conditions as well... Continue Reading →
Equinor receives installation license for the offshore section of the Rai gas pipeline in the Campos Basin
(PN) The Brazilian Environmental Institute (IBAMA) has granted Norwegian company Equinor the Installation License for the offshore section of the Raia Project gas pipeline, located in the Campos Basin. With the authorization, the company is now beginning work on installing the offshore gas pipeline, which will connect the FPSO Raia to the Cabiúnas unit in... Continue Reading →
Brava Energia – Debentures Issuance
BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3:BRAV3), in accordance with the provisions of Securities and Exchange Commission (“CVM”) Resolution No. 44, dated August 23, 2021, as amended, and for the purposes of paragraph 4 of article 157 of Law No. 6,404, dated December 15, 1976, as amended, hereby informs its investors and the market in... Continue Reading →
Petrobras announces election of new Chief Energy Transition and Sustainability Officer
July 11, 2025 – Petróleo Brasileiro S.A. – Petrobras informs that its Board of Directors, in a meeting held today, has elected Angélica Garcia Cobas Laureano as Chief Energy Transition and Sustainability Officer, with a term lasting until April 13, 2027, aligned with the term of the other members of the Executive Board. The nomination... Continue Reading →
Petrobras starts drilling first pioneer well in the Agua Marinha Block in the Campos Basin pre-salt layer
Petrobras is making a significant new exploration move in the Campos Basin. The company began drilling the pioneer well (1-BRSA-1401D-RJS) in the Água Marinha block, in a water depth of 2,600 meters. The drillship Deepwater Aquila, owned by Transocean, is operating the Água Marinha block. The Água Marinha block, in the Campos Basin pre-salt layer,... Continue Reading →
Floatel Lines Up Work for One of its Accommodation Vessels in Brazil
(OE) Floatel International has signed a Letter of intent for Floatel Victory accommodation vessel to provide Maintenance and Safety Unit (MSU) services offshore Brazil. The MSU assignment is for three to four months. Option to extend the assignment after the firm period has been granted. The start of operations is scheduled for the first quarter... Continue Reading →
Brazilian oil could find new destinations in the face of Trump’s tariffs
(Reuters) - Brazil has logistical and commercial flexibility to preserve the competitiveness of its oil on the international market if the 50% tariff announced by U.S. President Donald Trump on Wednesday comes into effect on August 1, experts told Reuters. Oil is the main product on Brazil's export list to the U.S. and until now was exempt... Continue Reading →