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Dec. 8 - Petrobras launched a tender for the reuse of the topsides (production modules) of the P-35 and P-37 platforms, which operated in the Marlim field, in the Campos Basin, with the aim of modernizing them and reusing them in other projects, as a more economical alternative to decommissioning, taking advantage of the hulls... Continue Reading →
Dec. 4 - 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 November 2025. The company recorded an average production of 70,3 thousand boe/d during the period. The month's result was impacted by scheduled maintenance at Papa-Terra and... Continue Reading →
December 2, 2025 - 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 November. Key: (1) Production at the Albacora Leste field was impacted by a failure in the gas compression system, which lacks adequate redundancy, that is expected... Continue Reading →
PPSA (Pré-Sal Petróleo) has postponed the spot auction of Union oil from the Bacalhau Field to early 2026, previously scheduled for the 10th. The auction will be divided into two phases: the first will take place on January 14th at 11:00 AM, with an offer of 1 million barrels; the second is scheduled for March... Continue Reading →
Dec. 2- Brazilian oil and gas production — including pre-salt, post-salt, and onshore — hit a new record in October, reaching 5.255 million barrels of oil equivalent per day. In total, 4.030 million barrels of oil per day were produced, a 2.9% increase compared to September and a 23.2% increase compared to October 2024. Natural... Continue Reading →
Dec. 2 - Intermoor, Acteon’s Moorings and Anchors business line, has been awarded a three-year contract by Petrobras, following a Memorandum of Understanding (MoU) signed at the Offshore Technology Conference (OTC) in Houston in May 2025. With work due to commence in December 2025, Intermoor will deliver comprehensive quality assurance and traceability services across Petrobras’... Continue Reading →
December 1, 2025 – Petróleo Brasileiro S.A. – Petrobras announces that it has been notified by Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) regarding the approval of the addendum to the Production Individualization Agreement (AIP) of the Tupi Shared Reservoir, located in the Santos Basin, which becomes effective as of today. The... Continue Reading →
Nov. 28 - Petrobras has postponed the contracting of two FPSO (floating production, storage and offloading) units until after 2030: one for the Albacora field revitalization project and the other for the second FPSO for Sergipe Águas Profundas (SEAP). Both units were left out of the horizon of the company's new 2026-2030 Business Plan. The... Continue Reading →
Nov. 28 (oilprice.com) After the discovery of oil in Suriname’s territorial waters in January 2020, the government in the capital Paramaribo pitched its hopes on an oil boom matching that of neighboring Guyana. You see, decades of economic mismanagement, excessive spending, and corruption wreaked havoc on the former Dutch colony’s economy. Over the last decade, gross... Continue Reading →
Nov 26 (Reuters) - Brazilian state-run oil firm Petrobras' five-year investment plan will see its first cut under President Luiz Inacio Lula da Silva's government due to lower oil prices, three sources familiar with the matter told Reuters. The new plan, to be unveiled on Thursday, is set to have a capital expenditure about 2%... Continue Reading →
Brazil Energy Insight 