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(Reuters) Brazil's lower house of Congress on Wednesday approved an executive order allowing the government to auction its share of oil in uncontracted offshore pre-salt areas, a move that could help boost revenue as it struggles to balance its budget. The government had submitted a separate bill on the matter, but its content was incorporated... Continue Reading →
(Reuters) - Brazil's National Energy Policy Council (CNPE) on Wednesday approved increasing the level of biofuels mixed into fossil fuels, a move towards gasoline self-sufficiency that was also celebrated by renewable energy lobbies after the government earlier hinted the blends would not be changed this year. From August 1, the proportion of ethanol to be... Continue Reading →
(OE) Miros, in partnership with Belga Marine, has enhanced its Oil Spill Detection (OSD) monitoring system system to include cloud-based monitoring capabilities that are now fully operational across several production assets offshore Brazil. The updated OSD monitoring system has been deployed across multiple production assets of a major Brazilian energy company. By integrating Miros’ technology... Continue Reading →
(PN) Petrobras began drilling well 3-BRSA-1400-SPS, in a water depth of 1,835 meters, using the West Auriga drillship. This is the sixth well drilled by the state-owned company in the block. The previous well, named 3-BRSA-1399-SPS, was drilled at the end of May, in a water depth of 1,866 meters. Aram was acquired in March... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the Material Facts disclosed on May 28 and May 30, 2025, announces that it has concluded the bookbuilding process for the 8th (eighth) issuance of simple debentures, not convertible into shares, unsecured, in the total amount of R$ 3,000,000,000.00 (three billion reais) (“Debenture Issuance”), which will be... Continue Reading →
(Reuters) Brazilian oil company Prio expects to double its daily output next year when compared with 2024 levels, driven by the development of some key offshore fields, CEO Roberto Monteiro said on Monday. Prio forecasts production to exceed 200,000 barrels per day (bpd) next year, Monteiro told an event marking the company's 10th anniversary, up... Continue Reading →
(eixos.com.br) The Brazilian Institute of Environment and Renewable Natural Resources (Ibama) will announce, next week, the first environmental license for an offshore wind project in Brazil. Exios learned that the license will be for a pilot project of the Senai Institute for Innovation in Renewable Energy (ISI-ER), in Rio Grande do Norte. The decision of... Continue Reading →
The company was contracted by Allseas to supply 120 km of mechanically lined pipes (MLP) with anti-corrosive alloys for the Buzios field, operated by Petrobras in the Santos Basin pre-salt layer. According to Cladtek, this is the largest project in the history of the Brazilian oil company in terms of MLP manufacturing scope. The MLP... Continue Reading →
Recognized for its extensive experience of over 187 years, Wilson Sons has begun operating with 100% renewable energy, primarily from wind and solar generation, at its Rio Offshore Support Base in Guanabara Bay over the past month. The Rio Base, which provides logistical support to offshore energy companies operating in the Campos and Santos Basins,... Continue Reading →
(offshore-energy.biz) OneSubsea has delivered the 21st and final subsea tree for Petrobras’ Búzios project in Brazil, said to be the largest deepwater oil and gas field in the world, concluding a four-year journey for the project. OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, announced today, June 23, the completion of the... Continue Reading →
Brazil Energy Insight 