July 8 (PN) Karoon Energy recorded an increase in production at the Baúna field, in the Santos Basin, following the completion of an intervention on well SPS-92, which resumed operations after the replacement of its electric submersible pump (ESP). The well's output reached 8,600 barrels of oil equivalent per day (boe/d), raising the field's total... Continue Reading →
Markets Awaits Outcome of the Albacora FPSO Tender on July 27
July 8 (PN) After several postponements, Petrobras is expected to stick to the deadline for opening bid envelopes for the FPSO that will operate in the Albacora field revitalization project in the Campos Basin. The tender process, originally launched in March 2025, has faced several delays along the way. The current deadline for submitting proposals... Continue Reading →
Oceaneering Wins Offshore Brazil Contract with Petrobras for ROV Services
July7 (OE) Oceaneering International, Inc. has announced that its Brazilian subsidiary, Marine Production Systems do Brasil LTDA (MPS), won a contract from Petróleo Brasileiro S.A. (Petrobras) to deliver ROV services offshore Brazil. The award follows a competitive tender process. The contract term is four years and operations are expected to begin in 2027. Oceaneering will... Continue Reading →
PRIO Production Data June 2026
July 3, 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 June. Key: (1) The fourth well at the Wahoo Field was opened on June 16, thereby completing the opening of all producing wells planned for the... Continue Reading →
Brava Energia Production Data June 2026
July 3 - 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 June 2026. Potiguar – The Company continues the gradual resumption of operations at its facilities in the Potiguar Basin. The increase in oil production recorded in... Continue Reading →
Cade approves Petrobras’ entry into the Itaimbezinho block, reinforcing natural gas strategy in the Campos Basin
July 2 (cenarioenergia) - The Administrative Council for Economic Defense (Cade) has approved, without restrictions, Petrobras' entry into the Itaimbezinho exploration block, located offshore in the Campos Basin and contracted under the production-sharing regime. The transaction involves acquiring a 50% stake currently held by Equinor—a move that reinforces the Petrobras' strategy to expand its exploration... Continue Reading →
MODEC Advances Construction of Brazil-Bound Gato do Mato FPSO
July 2 (OE) MODEC has completed the forward hull section of floating production, storage and offloading (FPSO) vessel Gato do Mato, marking a key construction milestone for the Brazil-bound offshore production unit. The forward hull section, built at Sumitomo Heavy Industries Marine & Engineering's Yokosuka shipyard in Japan, has departed for China, where it will... Continue Reading →
Buzios Field surpasses 1.2 million barrels of oil pre day, new record just 3 days after reaching 1.1 barrels
July 1 - Just three days after reaching the milestone of 1.1 million barrels of oil per day last week, the Búzios field—located in the Santos Basin pre-salt—set a new production record. Last Friday (26), the field achieved an average daily production exceeding 1.2 million barrels of oil. This result was driven by the progress... Continue Reading →
Tenaris Opens Suriname Service Center to Support GranMorgu Offshore Project
July 1 (OE) Steel pipe supplier Tenaris has started operations at a new service center in Suriname to support the GranMorgu offshore project, operated by TotalEnergies with APA Corporation and Staatsolie Maatschappij Suriname as partners. Located in Paramaribo, the service center will provide integrated services for offshore operations, supporting TotalEnergies with the supply of casing,... Continue Reading →
DOF vessel lined up for three-year subsea contract in Stabroek Block
June 30 (oilnow.gy) DOF Group ASA has secured a three-year contract for the Skandi Involver to support subsea work in Guyana’s Stabroek Block, where ExxonMobil Guyana Limited continues to advance offshore development activity. The Norway-based offshore and subsea services company announced on June 26 that the award was made through its North America subsea region.... Continue Reading →