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 September 2025. With the September result, Brava achieved an average daily production of 91.8 thousand boe in the third quarter of 2025 (3Q25), an increase of 7% when compared... Continue Reading →
BP to seek partner for Brazil deepwater oil discovery
Oct 2 (Reuters) - BP will seek a partner for its major Bumerangue oil discovery in Brazil and could close a deal before making a final investment decision on the project, the oil major's country head said on Thursday. The British company, which currently holds 100% of the block, in August announced that Bumerangue was its largest oil... Continue Reading →
SBM Offshore reimaging FPSO ops with Cognite and SLB to power next wave of AI-enabled innovation
Oct. 2 (offshore-energy.biz) Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has strengthened ties with Cognite, an industrial AI software-as-a-service (SaaS) company, and SLB, a U.S.-headquartered technology player, to create an enhanced artificial intelligence (AI) blueprint envisioned to bolster operational efficiency and fuel further innovation in floating production systems. In... Continue Reading →
Government Formalizes Working Group to Regulate Offshore Wind Energy in Brazil
Oct. 1 - The National Energy Policy Council (CNPE) approved a resolution creating the Offshore Wind Working Group (GT-EO), with the objective of proposing measures necessary for the regulation and effective implementation of Law No. 15,097 of January 10, 2025 (Offshore Wind Law) in Brazil. Coordinated by the Ministry of Mines and Energy (MME), the... Continue Reading →
ANP Releases Consolidated Oil and Gas Production Data for August 2025
Oct. 1 - The ANP released the Monthly Oil and Natural Gas Production Bulletin for August 2025, which provides consolidated national production data. Total production (oil + natural gas) was 5.084 million barrels of oil equivalent per day (boe/d), maintaining the level above 5 million boe/d, reached for the first time in July. Regarding oil,... Continue Reading →
Transocean Secures $243M in Ultra-Deepwater Drillship Contract Extensions with Petrobras and bp
Oct. 2 - Offshore drilling contractor Transocean has secured two contract extensions with Petrobras and bp for two of its ultra-deepwater drillships. In aggregate, the extensions represent approximately $243 million in firm contract backlog. In Brazil, Petrobras exercised a 30-day option for the Deepwater Mykonos in direct continuation of its firm program. The extension is... Continue Reading →
CNPE approves guidelines for offering oil and gas blocks beyond 200 nautical miles under the production-sharing regime
Oct. 1 - The National Energy Policy Council (CNPE) approved, this Wednesday (October 1st), a resolution establishing guidelines for the inclusion of oil and natural gas exploration blocks under the production-sharing regime located beyond 200 nautical miles, in accordance with the Brazilian Continental Shelf Survey Plan (Leplac). The decision represents a regulatory milestone for the... Continue Reading →
CNPE Authorizes Auction of Production Individualization Agreements for the Mero, Atapu, and Tupi Oil Fields
Oct.1 -The National Energy Policy Council (CNPE) approved, this Wednesday (October 1st), a resolution authorizing Pré-Sal Petróleo (PPSA), a state-owned company linked to the Ministry of Mines and Energy (MME), to hold the Auction for the Sale of Rights and Obligations arising from the Production Individualization Agreements (AIPs) for the Mero, Atapu, and Tupi Shared... Continue Reading →
PRIO – Offering of Senior Notes and Tender Offer
October 1, 2025 – PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), informs its shareholders and the market in general that PRIO Luxembourg Holding S.à r.l., its subsidiary, incorporated under the laws of the Grand Duchy of Luxembourg (“PRIO Lux”), has begun efforts for the issuance of a new series of debt securities, in the form... Continue Reading →
Government Sets Minimum 60% Local Content for Offshore Support Vessels
Oct. 1 (PN) The board of the National Energy Policy Council (CNPE) this Wednesday (1st), approved a resolution that defines minimum local content rates for offshore support vessels built in Brazil. Under the new rule, projects must achieve at least 60% local content and at least 50% in two of the three investment groups: engineering;... Continue Reading →