Aug. 27, 2025 – Petróleo Brasileiro S.A. – Petrobras informs that it has received a letter from the Ministry of Mines and Energy appointing Mr. Marcelo Weick Pogliese to the position of member of the Company’s Board of Directors, to fill the position previously held by Mr. Pietro Adamo Sampaio Mendes. The nomination will be... Continue Reading →
Petrobras completes key test needed for exploration license in Amazon region
Aug 27 (Reuters) - Brazilian state-run oil firm Petrobras on Wednesday concluded an emergency drill in the country's Foz do Amazonas basin, the company and Brazil's environmental agency said, marking one of the final steps needed to secure a controversial exploration license at the mouth of the Amazon river. Petrobras considers the drill, a pre-operational... Continue Reading →
CNOOC first-half profit falls 13% on lower oil prices
Aug 27 (Reuters) - Chinese offshore oil and gas major CNOOC posted a 13% decline in interim net income after lower oil prices offset the impact of record-high oil and gas production. Net profit attributable to equity shareholders dropped to 69.5 billion yuan ($9.7 billion) after a record interim profit in 2024, according to a filing... Continue Reading →
Brazil’s Petrobras can return to Nigeria quickly, Nigerian president says
Aug 26 (Reuters) - Brazil's state-run oil company Petrobras, which left Nigeria five years ago, should be able to return quickly, Nigerian President Bola Tinubu told a news conference with his Brazilian counterpart as part of a two-day visit to deepen ties. Petrobras began operations in Nigeria in 1998 in the deep waters off the Niger Delta.... Continue Reading →
MOL’s Cargo Vessel to be Jointly Used by Shell and TotalEnergies in Brazil
Aug. 26 (OE) A cargo transfer vessel owned by Mitsui O.S.K. Lines (MOL) will be shared by TotalEnergies EP Brasil, which employs the vessel in its operation since 2020, with Shell Brasil Petróleo for crude oil cargos produced in Brazil. The vessel SeaLoader 1, owned by MOL’s subsidiary SeaLoading Holding, is employed by TotalEnergies for... Continue Reading →
Petrobras surpasses the 50 Million M³ of natural gas processed per day
Aug. 25 *PN) Petrobras President Magda Chambriard stated that the company has just reached a new milestone in natural gas processing. According to the executive, the state-owned company surpassed the 50 million cubic meters of natural gas processed per day mark last Saturday (23). "As we have said, it is the effort to increasingly make... Continue Reading →
Petrobras -10 Questions and Answers about the Pre-Operational Test in the Equatorial Margin
Aug. 25 - The Pre-Operational Test (POT), conducted by Ibama, is the final stage of the environmental licensing process for drilling in block FZA-M-59, in deep waters off Amapá, in the Equatorial Margin. See below the answers to the main questions about this simulated exercise. What is the POT? The Pre-Operational Test (POT) is the final stage of the environmental licensing process conducted... Continue Reading →
Two Vessel Contracts Bring in $65M for Solstad Offshore
Aug. 25 (OE) Norwegian offshore vessel owner Solstad Offshore has secured two contracts for its Normand Turmalina and Normand Superior vessels, with the combined worth of $65 million. The anchor handling tug supply (AHTS) vessel Normand Turmalina has received a contract extension from BRAVA Energia in Brazil. The extended contract has a duration of three... Continue Reading →
Moretti top candidate to become Petrobras chairman, source says
Aug 21 (Reuters) - Bruno Moretti is the leading candidate to become chairman of Brazil's state-run oil company Petrobras after Pietro Mendes resigned from the role, a source familiar with the matter told Reuters on Friday. Moretti currently serves as special secretary for government analysis at the office of President Luiz Inacio Lula da Silva's chief... Continue Reading →
After Subsea7, DOF’s large subsea construction vessel on charter with Petrobras
(offshore-energy.biz) A flexible, large subsea construction vessel owned by Norwegian DOF Group has been contracted on a four-year term charter with Brazil’s oil & gas company Petrobras. Under the contract valued at approximately $165 million, Skandi Salvador will operate with two work-class remotely operated vehicles (ROVs) and a subsea crane, with delivery expected in December.... Continue Reading →