August 15th, 2025 – Shape Digital, Shell Brasil, MODEC Brasil and Unicamp have signed a partnership to develop new methodologies for monitoring operational risks using artificial intelligence. The solution will be based on Shape Reef, a tool for operational process safety designed by Shape Digital. It will be enhanced to identify the degradation of safety... Continue Reading →
Seagems completes works in the Atlanta Field and now concentrates 100% of its fleet on contracts with Petrobras
Aug 11 (PN) Seagems completed the BRAVA Project, carried out in the Atlanta Field, in the Santos Basin. Signed in 2022, the contract included an EPCI (Engineering, Procurement, Construction, and Installation) campaign, developed in partnership with its shareholder Sapura Energy. The final phase began in April 2024, with the mobilization of the vessel Onix to... Continue Reading →
Brazil’s Oil Giant Petrobras Sacrifices Payouts to Fund $111 Billion Expansion
Aug. 11 (oilprice.com) Brazil’s state-controlled oil giant Petrobras sneezed at the end of last week, and the domestic stock market caught a cold. Despite returning to a profit for the second quarter of the year, Petrobras dashed hopes of an extraordinary dividend for this year amid lower oil prices and higher investments into production expansion.... Continue Reading →
Petrobras Sergipe Aguas Profundas pipeline project gets positive nod from EPE
Aug.11(PN) The Energy Research Company (EPE) recommended authorization for the construction and installation project of the Sergipe Aguas Profundas (SEAP) gas pipeline, presented by Petrobras. The project was analyzed in ongoing dialogue with the National Petroleum Agency (ANP), seeking to ensure the compatibility of the new infrastructure with national energy planning. "EPE's analysis indicated the... Continue Reading →
New Robotic Solution for FPSO Tank Cleaning – Ambipar/SBM Offshore
Aug. 11 (OE) Ambipar and SBM Offshore announced a solution for cleaning cargo oil tanks on (FPSOs), a solution that importantly is geared to completely remove humans from entering tanks during cleaning activities. “This robotic solution marks a turning point for the offshore industry. By automating a traditionally hazardous process, we are not only enhancing... Continue Reading →
Brazil sets new oil and gas production record in June with 4.9 million barrels per day
Aug 6 (ANP) Brazil broke a record for oil and natural gas production in June of this year, with 4.9 million barrels of oil equivalent per day. This unprecedented result, released in the Monthly Oil and Natural Gas Production Bulletin of the National Agency of Petroleum, Natural Gas, and Biofuels (ANP), affiliated with the Ministry... Continue Reading →
Petrobras studying initiatives to increase production at the Tupi Field
(PN) Petrobras is conducting two initiatives focused on Tupi, the country's largest producing field, located in the Santos Basin pre-salt layer. The company's Director of Exploration and Production, Sylvia dos Anjos, announced that the asset is receiving special attention with the aim of extracting more value and increasing production in the area. Furthermore, the company... Continue Reading →
ONE GUYANA FPSO equipped to ensure uninterrupted gas handling offshore – GoG
Aug 8 (oilnow.gy) The Government of Guyana has confirmed that the ONE GUYANA floating production storage and offloading (FPSO) vessel is the first offshore unit in the country equipped with “full sparing on all gas processing compressors”. According to the government, this ensures “uninterrupted gas handling even during planned or unplanned maintenance events”. The vessel will produce... Continue Reading →
Exxon starts production at fourth floating oil vessel in Guyana
Aug 8 (Reuters) - An Exxon Mobil-led consortium began production at a fourth floating production, storage and offloading vessel at the Stabroek Block in Guyana on Friday, bringing total capacity from the oilfield to over 900,000 barrels of oil per day, Exxon said. The floating vessel named One Guyana brings the joint venture a step closer... Continue Reading →
SBM Offshore Ups 2025 Revenue Forecast After Strong Half-Year Results
Aug. 7 (Reuters) Dutch oil and gas services company SBM Offshore raised its full-year core profit and revenue forecasts on Thursday, following a strong financial performance in the first half of 2025. The company, which provides floating production services to the offshore energy industry, sees directional earnings before interest, taxes, depreciation and amortization (EBITDA) of... Continue Reading →