Sept 30 (Reuters) - US senators from both parties said on Wednesday they have reached a deal to reform laws on the permitting of large energy and infrastructure projects, though a vote will not occur before the midterm elections. The agreement marks a significant milestone in the years-long effort by Congress to overhaul federal permitting,... Continue Reading →
Brava Energia: Papa-Terra Field start of production at well PPT-52
Sept.29 - BRAVA ENERGIA S.A. ("Brava" or the "Company") (B3: BRAV3), pursuant to CVM Resolution No. 44, hereby informs its investors and the market in general that it commenced production at well PPT-52 on this date, following authorization from the Brazilian Institute of the Environment and Renewable Natural Resources (“Ibama”). The well is part of... Continue Reading →
Petrobras Envisages Platform for Mãe de Ouro Field in Potiguar Basin
Sept. 24 - Petrobras plans to install a production platform at the Mãe de Ouro field—which has not yet been drilled—in the Potiguar Basin, should the discovery's potential be confirmed, stated Petrobras CEO Magda Chambriard. Ibama authorized offshore drilling for this block and three others in March of this year. "If this discovery plays out... Continue Reading →
Brazil’s Petrobras may include Colombia gas project in 2027-2031 plan, exec says
Sept 23 (Reuters) - Brazil's state-run oil firm Petrobras may include the Sirius offshore gas project in Colombia as part of the production curve to be unveiled in its 2027-2031 business plan later this year, a company executive said on Wednesday. "I think it should appear (in the business plan) if we get the environmental... Continue Reading →
Porto do Açu and Perenco Brasil sign agreement for first offshore electrification project in the Campos Basin
Sept. 23 (TN) Porto do Açu and operator Perenco Brasil signed a Letter of Intent (LOI) for the development of the first offshore platform electrification project in the Campos Basin. The agreement entails supplying power from shore to Perenco’s units at the Pargo and Cherne Hubs—located in shallow waters—via an 80-kilometer subsea cable connected to... Continue Reading →
Lessons for Guyana’s next oil auction: Faster awards, seismic data
Sept. 21 (oilnow.gy) Guyana’s first competitive offshore licensing round attracted global energy companies and tested stronger fiscal terms. However, the government will need to improve the speed, certainty, and data supporting the process before offering more blocks. The government has indicated an interest in another licensing round as it seeks to widen exploration beyond the... Continue Reading →
OceanPact and CBO complete business combination, with a contract backlog exceeding R$ 14 billion
Sept.17 (PN) OceanPact and CBO confirmed this week the completion of their business combination, following final approval from the Administrative Council for Economic Defense (Cade) and the fulfillment of other conditions precedent. With the integration, CBO becomes part of OceanPact, while the Shipping unit is renamed OceanPact CBO. Upon completion of the transaction, the combined... Continue Reading →
Brazil drives Miros’ expansion in South America with double-digit offshore technology wins
Sept. 17 - Norwegian ocean technology company Miros has secured double-digit offshore technology wins across South America in 2026, strengthening its commercial momentum in the region. The wins were secured between Q1 and Q3 2026, with Brazil accounting for the majority of activity and further deployments linked to offshore operations in Guyana. This activity reflects... Continue Reading →
MDL Completes Deepwater SURF Decommissioning Campaign in Campos Basin
Sept. 16 (PN) MDL has completed a SURF decommissioning campaign using its Wheeled Horizontal Lay System (WHLS) in deep waters off the coast of Brazil, in the Campos Basin. Carried out from a multi-purpose vessel, the project involved the recovery of flexible flowlines, umbilicals, and jumpers associated with a decommissioned FPSO. The client's name was... Continue Reading →
bp drills first well in the Tupinambá block, Santos Basin
Sept. 10 - ANP (National Agency of Petroleum, Natural Gas and Biofuels) announced that bp has begun drilling the first well in the Tupinambá block, located in the pre-salt area of the Santos Basin. Drilling operations commenced on September 8, four days after Ibama issued the license authorizing an exploratory campaign of up to three... Continue Reading →