BRAVA ENERGIA S.A. in compliance with the provisions of CVM Resolution No. 44, hereby informs its shareholders and the market in general of the following updates on the Papa-Terra field. (i) Final authorization for the Papa-Terra field measurement systems On January 26, 2025, the Company obtained the definitive authorization from the Oil and Natural Gas... Continue Reading →
Petrobras informs about ANP decision on Berbigão and Sururu fields
– Petróleo Brasileiro S.A. - Petrobras informs that the National Agency of Petroleum, Natural Gas and Biofuels (ANP) decided on Thursday (01/23/2025) to unify the Berbigão and Sururu fields, located in concession BM-S-11A, in the pre-salt Santos Basin, operated by Petrobras with a 42.5% stake. The decision results from the analysis of the revised Development... Continue Reading →
Brava Energia on the process of possible sale of onshore and shallow water assets
BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3:BRAV3), pursuant to CVM Resolution No. 44, following the material facts disclosed on December 27, 2024 and January 10, 2025, hereby informs its investors and the market in general that, in a meeting held on January 23, 2025, the Board of Directors deliberated on the qualified bidders for the... Continue Reading →
Petrobras begins the Binding Phase of the Tartaruga Field in the Sergipe-Alagoas Basin
Petróleo Brasileiro S.A. - Petrobras, further to the notice disclosed on November 27, 2024, hereby announces the start of the binding phase for the total transfer of its 25% minority interest in the exploration, development, and production of oil and natural gas in the Tartaruga Field, located in the municipality of Pirambu-SE, in shallow waters... Continue Reading →
TGS and Petrobras launch advanced imaging centers in Brazil to boost offshore energy exploration
(offshore-energy.biz) Norway-based energy data and intelligence company TGS has launched advanced imaging centers in collaboration with Brazilian state-owned energy giant Petrobras to improve subsurface data interpretation for the Campos and Santos basins offshore Brazil. TGS noted that these centers, based at Petrobras’ Rio de Janeiro offices, will focus on ocean bottom nodes (OBNs) and 4D... Continue Reading →
Brazil’s first power auction for batteries could lead to $450 million in investments
(Reuters) - Brazil's first-ever auction to add batteries and storage systems to its national power grid, scheduled for later this year, is seen generating $450 million in investments, according to an estimate by consultancy firm Oliver Wyman. WHY IT'S IMPORTANT The batteries would be able to store energy from wind and solar power, renewable sources... Continue Reading →
Petrobras announces extension of FPSO Cidade de Angra dos Reis production in the Tupi field
Petróleo Brasileiro S.A. – Petrobras announces that, on behalf of the Tupi field consortium, the company has signed amendments to the Charter and Service Agreements for the FPSO Cidade de Angra dos Reis (located in the Tupi field) with Tupi Pilot MV 22 B.V. and Modec Serviços de Petróleo do Brasil Ltda., extending the charter... Continue Reading →
Azevedo & Travassos signs a R$298 million contract with Petrobras
(PN) Azevedo & Travassos announced the signing of a service provision contract with Petrobras through its wholly-owned subsidiary Heftos Óleo e Gás Construções S.A. . The scope of the agreement includes the provision of integrated industrial maintenance activities on oil platforms located in the Campos Basin. The contract, signed under a unit price contract regime,... Continue Reading →
Oil output, exports drove Guyana economy’s growth of 43.6% in 2024
(Reuters) - Guyana's economy achieved its fifth consecutive year of double-digit growth in 2024, expanding 43.6% as oil output and exports showed solid increases, the Finance minister said on Friday, but the expansion is expected to slow this year. Latin America's newest oil producer last year became the region's fifth-largest crude exporter after Brazil, Mexico,... Continue Reading →
Tracerco Lands TechnipFMC’s Contract for Mero Field’s Subsea Equipment
(OE) Industrial technology company Tracerco has secured a contract from Technip to deliver its measurement and control solutions profiler for the multi-phase subsea separation work on Petrobras’ Mero 3 High Pressure Separator (HISEP) pilot project in the Brazilian pre-salt oil region. Tracerco will supply its Tracerco Profiler instrument, which has been redesigned to deliver critical... Continue Reading →