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(Reuters) Brazilian oil firm Petrobras will have a drill ship ready to make the trip to the northern state of Amapa by the end of the month, three sources close to the matter told Reuters, as the company rushes for a drilling license for the Foz do Amazonas Basin. According to the sources, work to... Continue Reading →
(Reuters) - Brazilian environmental agency Ibama said on Monday it approved Petrobras' concept of an emergency plan to assist local fauna in case of an oil spill in the Foz do Amazonas basin, putting the firm closer to a license to drill in the area. The move allows Petrobras (PETR4.SA), opens new tab to conduct a simulation... Continue Reading →
Petrobras has signed an engineering, acquisition, construction and subsea installation (EPCI) contract for the Buzios 11 Project with the company Subsea7, worth R$8.4 billion, as a result of a competitive contracting process. The agreement is expected to generate more than a thousand direct and indirect employees. The contract establishes a minimum requirement of 40% local... Continue Reading →
(offshore-energy.biz) Singapore’s offshore marine solutions company PACC Offshore Services Holdings (POSH), part of the Kuok Maritime Group, has completed the towing of a hull for a floating production storage and offloading (FPSO) unit from China to Singapore. The vessel is slated to work at a Brazilian deepwater field with Brazil’s state-owned energy giant, Petrobras. Towed by... Continue Reading →
(OE) Perenco Trinidad & Tobago (T&T), as the operator of the Teak, Samaan and Poui (TSP) fields, has found gas as part of a drilling campaign at the Onyx field, offshore Trinidad and Tobago. The two legs, at the Onyx well and sidetrack in the eastern part of the Onyx field, encountered significant columns of natural gas... Continue Reading →
(Reuters) - Nigeria is discussing exploration of its deep water oil acreage with Petrobras, years after the Brazilian oil giant exited the west African nation, Nigeria's Foreign Minister Yusuf Tuggar said. "Petrobras is no longer active in Nigeria, but they are very keen on coming back to Nigeria. They said they want frontier acreage in... Continue Reading →
(PN) Petrobras' Director of Exploration and Production, Sylvia dos Anjos, detailed the company's next steps in Brazil and abroad during a press conference. One of the company's focuses continues to be the Aram area, in the pre-salt layer of the Santos Basin, where two new drillings are planned, following the second discovery of oil in... Continue Reading →
(offshore-energy.biz) France’s energy giant TotalEnergies is making strides in the development of the first-ever offshore oil field in Suriname. Progress has also been achieved in the construction of a floating production, storage, and offloading (FPSO) vessel destined for this project. Following a final investment decision (FID) for the 12.2-billion GranMorgu offshore oil field in Block 58, located around 150 kilometers off... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has identified the presence of high-quality oil with no contaminants in the pre-salt of Santos Basin, in an exploratory well in Aram block. Well 3-BRSA-1396D-SPS is located 248 km from the city of Santos-SP, at a water depth of 1,952 meters. The drilling of this well has... Continue Reading →
PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3) announces its earnings for the first quarter of 2025. HIGHLIGHTS OF THE YEAR Click here for the Earnings Release.
Brazil Energy Insight 