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Oct. 7 - Petrobras announced promising results in its drilling program in the Campos Basin. The company notified the National Petroleum Agency (ANP) about the discovery of oil traces in the Agua Marinha block, in well 1-BRSA-1401DA-RJS, in a water depth of 2,601 meters, drilled by the Deepwater Aquila drillship in July. The Agua Marinha... Continue Reading →
Oct. 6 - 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 Polvo and Tubarão Martelo cluster, the workover of TBMT-6H well was completed on September 15, and the well returned to production. (2) At... Continue Reading →
Oct. 7 (OE) Norway-based subsea well intervention and installation services company AKOFS Offshore has signed a firm contract with Petrobras, for its subsea equipment support vessel AKOFS Santos, which will continue to operate offshore Brazil. Following a competitive tender process, the vessel will continue to perform services as a multi-purpose supply vessel (MPSV) for Petrobras... Continue Reading →
Oct. 7 (OE) Portugal’s Galp has reached a farm-in agreement with KE STP Company, a Shell affiliate, for the acquisition of a 27.5% stake in São Tomé and Príncipe’s Block 4, forming a joint venture with Shell, Petrobras and ANP-STP. With the agreement, Galp expands its presence offshore São Tomé and Príncipe, entering another early-stage... Continue Reading →
Oct. 6 - MODEC has held a first steel-cutting ceremony for the Gato do Mato floating production, storage and offloading (FPSO) unit, which will be deployed at Shell’s field offshore Brazil. The ceremony was held at the COSCO Qidong Shipyard, marking the start of construction of the the aft block of next-generation hull for the... Continue Reading →
Oct. 6 (Reuters) Petrobras is expected to open bids for the contracting of two FPSOs for the Sergipe Deep Waters Project (Seap) on October 15, Renata Baruzzi, Executive Director of Engineering, Technology, and Innovation, said. "The bidders asked for more time. We gave them another 15 days," the director told reporters. Baruzzi also explained that... Continue Reading →
Oct. 3 (offshorte-energy.biz) The production mode at two oil-producing assets off the coast of Brazil is weeks away from being switched off, enabling operators to undertake planned maintenance activities in their chosen Campos Basin fields. South America’s Brava Energia has revealed that the output from its Papa-Terra field in the Campos Basin will be halted for up... Continue Reading →
Oct. 3 - Petrobras began the contracting process for the construction of FPSO Búzios 12, which will be installed in the Santos Basin, in the state of Rio de Janeiro. The new unit, P-91, will be the 12th platform assigned to the Búzios field, consolidating it as the company's largest producing field and increasing its importance in supplying natural gas in the country. Búzios... Continue Reading →
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 2025. With the September result, Brava achieved an average daily production of 91.8 thousand boe in the third quarter of 2025 (3Q25), an increase of 7% when compared... Continue Reading →
Oct 2 (Reuters) - BP will seek a partner for its major Bumerangue oil discovery in Brazil and could close a deal before making a final investment decision on the project, the oil major's country head said on Thursday. The British company, which currently holds 100% of the block, in August announced that Bumerangue was its largest oil... Continue Reading →
Brazil Energy Insight 