Nov. 7 (offshore-energy.biz) Brazil’s state-owned energy giant Petrobras has secured approval in principle (AiP) from classification society Lloyd’s Register (LR) for its floating production, storage, and offloading (FPSO) concept, advancing a redevelopment plan that adapts the proven P-68 FPSO design to cut risk, cost, and delivery time in Brazil’s Santos Basin. Lloyd’s Register, which awarded... Continue Reading →
Colombia to have new oil exploration offering ready by first quarter of 2027
Nov 4 (Reuters) - Colombia expects to have a licensing round for new oil exploration areas ready in the first quarter of 2027, the head of the National Hydrocarbons Agency (ANH) said on Wednesday. The country halted new hydrocarbon exploration contracts from 2022 to 2026 under former President Gustavo Petro, whose government sought to steer... Continue Reading →
Petrobras Drilling Second Well in the Norte de Brava Block, Campos Basin Pre-Salt
Nov. 5 (PN) New developments from Petrobras in the Campos Basin: the company has begun drilling the second well in the Norte de Brava block, according to data provided by the National Agency of Petroleum, Natural Gas and Biofuels (ANP). The well, technically identified as 9-BRSA-1406D-RJS, is being drilled in a water depth of 603... Continue Reading →
DOF extends another Petrobras PLSV deal into 2028
Nov. 5 (splash247.com) Norwegian offshore vessel owner DOF has secured another long-term contract extension with Petrobras in Brazil. The company said that the pipelay support vessel (PLSV) Skandi Olinda has been awarded a 304-day extension following negotiations with the Brazilian state-controlled oil and gas giant. The contract, previously scheduled to expire in April 2027, will... Continue Reading →
P-78 Platform (Búzios 6) reaches peak production of 180,000 barrels per day
Nov. 3 - The P-78 platform, installed in the Búzios field in the pre-salt area of the Santos Basin, reached the mark of 180,000 barrels of oil per day on Saturday (10/31), corresponding to the unit's nameplate capacity. Located 180 km off the coast of Rio de Janeiro, the Búzios field is Petrobras' largest producing... Continue Reading →
BP Finds Hydrocarbons in Brazil’s Tupinambá Offshore Block as Drilling Continues
Nov. 4 (OE) BP has identified hydrocarbons in an exploration well at the deepwater Tupinambá block in Brazil's Santos Basin, where Shell's 50% working interest remains subject to regulatory approval. The company informed Brazil's National Agency for Petroleum, Natural Gas and Biofuels (ANP) of the hydrocarbon presence in well 1-BP-14-SPS, located 275 kilometers off the... Continue Reading →
PRIO Oct. 2026 Operational Data
November 3, 2026 - PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices incorporate governance and transparency, informs its preliminary and unaudited Operational Data for the month of October. November 3, 2026 - PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices incorporate governance and transparency, informs its preliminary and unaudited Operational Data... Continue Reading →
Noble Secures $560M in Rig Deals, Backlog Hits $6.7B
Oct. 30 (OE) Offshore drilling contractor Noble Corporation has secured approximately $560 million in new rig contracts across Africa, South America and Norway since its July fleet status report, bringing its contracted backlog to $6.7 billion. The awards span six drilling rigs and include exploration, development drilling, plug and abandonment (P&A) and light well intervention... Continue Reading →
Petrobras completes drilling with another oil discovery in Ultra-Deep Waters off the Coast of Amapá
Oct. 29 - Petrobras informs that it has identified another oil-bearing interval in the Morpho well, which constitutes the third discovery in block FZA-M-59, located in ultra-deep waters off the coast of the state of Amapá, at a water depth of 2,886 meters.The continued evaluation of other intervals of interest, following the discoveries announced in... Continue Reading →
Petrobras’ own oil and gas production hits new record, up 11.7% in one year
Oct. 28 (Petrobras) In 3Q26, our average production of oil, NGL, and natural gas reached a record of 3.512 MMboed, 11.7% higher than 3Q25 and 5.3% higher than 2Q26, due primarily to the highest production efficiency level in eight years, the ramp-up of P-78 and P-79 FPSOs in Búzios field, FPSO Alexandre de Gusmão reaching... Continue Reading →