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March 23, 2026 - PRIO S.A. (the “Company” or “PRIO”) (B3: PRIO3), further to the Material Fact disclosed on March 19, 2026, informs that the first producing well of the Wahoo Field has reached stabilized production of 12,000 barrels of oil per day. The schedule for bringing the remaining wells online remains as planned, with... Continue Reading →
March 19 - IBAMA (Brazilian Institute of Environment and Renewable Natural Resources) issued a correction to the drilling license for block BM-C-33 in the Campos Basin, where the Raia field is located. In the document, the federal agency authorized the drilling of three wells in the area using the DS-17 drillship, operated by Valaris. IBAMA... Continue Reading →
The Brazilian Federal Court of Accounts (TCU) conducted an audit to analyze how Petrobras contracts and operates FPSOs. These vessels are used to process oil and gas at sea, store it, and then transfer it to other ships. They are important for Petrobras because they are more flexible and faster to install than stationary exploration... Continue Reading →
March 18 (oilnow.gy) ExxonMobil Guyana Limited (EMGL) will continue development drilling at the Uaru Project’s UA_4P04 drill center in the Stabroek Block offshore Guyana, according to a notice from the Maritime Administration Department (MARAD). Operations began on March 12, 2026, within Guyana’s Exclusive Economic Zone. The MODU Noble Tom Madden is conducting the drilling campaign.... Continue Reading →
March 17 (oilnow.gy) Design specifications for the floating production vessel planned for ExxonMobil’s proposed Longtail project in Guyana allow for higher production, according to the environmental impact assessment (EIA) report submitted by ExxonMobil. This could facilitate increased hydrocarbon production once initial levels are safely achieved. The executive summary of the EIA report outlines key operating... Continue Reading →
March 17 - BRAVA ENERGIA S.A. (“Brava” or “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44 and, following the Material Fact disclosed to the market on January 16, 2026, informs its investors and the market in general that, on this date, March 16, 2026, Petróleo Brasileiro S.A. – Petrobras communicated its decision to exercise... Continue Reading →
Rio de Janeiro, March 16, 2026 – Petróleo Brasileiro S.A. – Petrobras announces that, as partner and operator of the Tartaruga Verde and Espadarte – Module III fields, located in the Campos Basin, it has notified Petronas Petróleo Brasil Ltda. today of its decision to exercise its preemptive right to acquire the 50% interests in... Continue Reading →
March 16, (oilnow.gy) Automation, digital technologies, and emissions reduction are expected to shape the next generation of floating production, storage and offloading (FPSO) vessels, according to discussions at the Deepwater Development Conference in Lisbon, Portugal. The conference, hosted by World Oil and Gulf Energy Information, continued on March 11 with contractor panels, technical sessions, and... Continue Reading →
March 16 (oilnow.gy) ExxonMobil has submitted the environmental impact assessment and environmental impact statement for the proposed Longtail development offshore Guyana, a key step toward the country’s first non-associated gas project. The documents were filed with the Environmental Protection Agency, according to a public notice. Exxon’s consultant Acorn International conducted the assessment. Members of the... Continue Reading →
March 16 (oilnow.gy) Deepwater oil and gas development will remain a major driver of global supply, with Brazil and Guyana expected to underpin production growth, according to discussions at a recent Deepwater Development Conference in Lisbon, Portugal. The conference, organized by World Oil and Gulf Energy Information, opened on March 10 with an operator panel,... Continue Reading →
Brazil Energy Insight 