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Aug. 7 (PN) The Special Bidding Commission (CEL) of the National Agency of Petroleum, Natural Gas and Biofuels (ANP) announced the sectors and blocks that will be part of the 6th Permanent Offer Concession Cycle (OPC6) and the 4th Permanent Offer Production Sharing Cycle (OPP4), with public sessions scheduled for October 7, 2026 In the... Continue Reading →
Aug. 7 (PN) Oil States do Brasil has signed a contract to manufacture and supply rigid jumpers for the Buzios 10 project, located in the pre-salt region of the Santos Basin. The equipment will be used in the field's subsea system and will operate in water depths ranging from 1,720 to 2,190 meters. The contract... Continue Reading →
Aug 7 (Reuters) - azil's state-controlled oil company Petrobras will likely produce more oil than it had forecast for 2026, CEO Magda Chambriard said on Friday during an earnings call with analysts. She said the company's oil output in the second quarter was 200,000 barrels per day higher than its target. So far this year, Petrobras... Continue Reading →
Aug. 7 (oilprice.com) BP’s Bumerangue discovery is more than another giant Brazilian oil find: it could become the project that keeps both BP’s upstream portfolio and Brazil’s production boom alive well into the 2030s. With an estimated 2.5 billion barrels potentially recoverable and peak output that could reach 600,000 b/d, the ultra-deepwater development is large enough to... Continue Reading →
Aug. 6 (PN) The Raia project, operated by Equinor in the Campos Basin pre-salt, has reached new milestones in its development phase. The company completed the installation of a 186-kilometer ultra-deepwater section of the gas pipeline that will connect the field to the coast of Rio de Janeiro, using pipes manufactured by Tenaris with 99%... Continue Reading →
Aug. 6 (OE) ExxonMobil Global Projects has selected Sercel's Marlin solution to support the management of simultaneous operations (SIMOPS) on the Whiptail project in the Stabroek Block offshore Guyana. Under a one-year contract, Sercel will deploy the Marlin platform to support pipelay and mooring installation campaigns on the offshore development. According to Sercel, the Marlin... Continue Reading →
Aug. 6 (OE) Dutch floating production specialist SBM Offshore raised its 2026 outlook for the second time this year on Thursday after strong contract activity and the sale of its One Guyana vessel helped lift first-half revenue, sending its shares up more than 7%. The company, which builds, leases and operates floating production, storage and... Continue Reading →
August 4, 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 July. Key: (1) At the Frade field, the gas lift line replacement was completed on July 19, restoring production from the three wells that had been... Continue Reading →
Aug 4 (Reuters) - Brazil's Petrobras is reassessing a major natural gas infrastructure investment in Brazil amid regulatory uncertainty surrounding a proposed government program that could also impact a project by Norway's Equino, sources told Reuters. The proposal led Petrobras to halt studies for a planned $1 billion gas pipeline linked to its deep waters project... Continue Reading →
The Errea Wittu floating production, storage and offloading (FPSO) vessel is currently in West African water on its voyage to Guyana’s Stabroek Block, vessel tracking data shows. Marine Traffic placed the FPSO in the region after it departed Singapore in June. Separate automatic identification system data published by VesselFinder provides an estimated arrival date of August... Continue Reading →
Brazil Energy Insight 