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Rio de Janeiro, October 8, 2026 – Petróleo Brasileiro S.A. (Petrobras) announces that it participated in the 4th Production Sharing Permanent Offer Cycle and the 6th Concession Permanent Offer Cycle promoted by Brazil’s National Agency for Petroleum, Natural Gas and Biofuels (ANP). In the 4th Production Sharing Permanent Offer Cycle, the company acquired the Azurita... Continue Reading →
Oct. 8 (OE) Rockhopper Exploration has agreed to invest $44 million to acquire a 35% interest in the OSX-1 floating production, storage and offloading (FPSO) vessel, which is planned for the accelerated development of the Sea Lion oil field in the North Falkland Basin. The company has entered into a subscription agreement to acquire ordinary... Continue Reading →
Oct. 8 (OE) Framo has signed a four-year agreement with Petrobras to inspect and maintain pumping systems across the Brazilian energy company's fleet of about 30 floating production, storage and offloading (FPSO) units, in what the Norwegian pump manufacturer said was its largest service contract of its kind to date. The agreement covers inspection, maintenance... Continue Reading →
Oct. 7 - BRAVA ENERGIA S.A. (“Brava” or “Company”) (B3: BRAV3), informs its investors and the market in general the preliminary and unaudited production data for the month of September 2026. Potiguar – The gradual production recovery continues to advance, driven by higher steam injection volumes. Papa-Terra – The PPT-52 well, part of the Company's... Continue Reading →
Oct. 7 - The auction for the 4th Permanent Offer Cycle under the production-sharing regime concluded with seven blocks awarded out of a total of 13 areas offered by the National Agency of Petroleum (ANP). In total, the event generated R$ 530.46 million in signature bonuses and projects investments of R$ 778.42 million in the... Continue Reading →
Oct. 7 (OE) Nigeria has launched its 2026 oil and gas licensing round, offering 40 blocks spanning onshore, shallow-water and deepwater areas as the country seeks new investment and higher production. Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Chief Executive Oritsemeyiwa Eyesan announced the round following approval from President Bola Tinubu, with Nigerian and international investors... Continue Reading →
October 5, 2026 - PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices incorporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of September. Key:(1) At the Frade Field, the new producing well, MUP7, came online on September 5, with initial production of 5,000 barrels of oil per day.(2) Production... Continue Reading →
Oct. 5 (oilprice.com) Indian state-owned refiner Bharat Petroleum Corporation Limited (BPCL) prepares to issue a $3-billion bond to finance its share of a major offshore oil development in Brazil, as Indian companies move to expand in international upstream to secure crude oil supplies. BPCL, India’s second-largest state-controlled oil refiner, expects to raise the sum via... Continue Reading →
Oct. 5 (oilnow.gy) Guyana’s offshore oil production fell to an average 832,000 barrels per day (b/d) in August, the lowest monthly level in nearly a year, according to government data reviewed by OilNOW. Production declined by about 54,000 b/d, or 6.1%, from the 886,000 b/d recorded in July. The reduction was driven primarily by substantially... Continue Reading →
Oct. 5 (OE) Halliburton has ruled out working on the Sea Lion oil project near the Falkland Islands after Argentine federal authorities raised questions over potential criminal and civil enforcement related to hydrocarbon activities around the disputed territory. The U.S. oilfield services provider said it had been in contact with Argentine federal authorities regarding any... Continue Reading →
