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July 8 (PN) Equinor has completed the installation of the PLEM (Pipeline End Manifold) for the Raia project at a depth of approximately 2,700 meters in the Campos Basin. This subsea equipment connects the FPSO risers to the pipeline that will transport natural gas to shore. The Raia pipeline will span approximately 200 kilometers, linking... Continue Reading →
July 8 (PN) Karoon Energy recorded an increase in production at the Baúna field, in the Santos Basin, following the completion of an intervention on well SPS-92, which resumed operations after the replacement of its electric submersible pump (ESP). The well's output reached 8,600 barrels of oil equivalent per day (boe/d), raising the field's total... Continue Reading →
July 8 (PN) After several postponements, Petrobras is expected to stick to the deadline for opening bid envelopes for the FPSO that will operate in the Albacora field revitalization project in the Campos Basin. The tender process, originally launched in March 2025, has faced several delays along the way. The current deadline for submitting proposals... Continue Reading →
July 8 (oilnow.gy) Guyana received just under US$2 billion in petroleum revenues during the first six months of 2026, according to official notifications published in the Official Gazette. The two Gazette notifications show that US$1.996 billion was deposited into the Natural Resource Fund (NRF) between January and June through profit oil and royalty payments generated... Continue Reading →
July 7 (Reuters) - Brazilian state-run oil firm Petrobras (PETR3.SA), opens new tab signed an agreement with regulator ANP committing to bring 335 temporarily abandoned offshore wells into compliance with safety and environmental rules, both parties said in separate statements on Tuesday. Under the signed agreement, Petrobras will pay 300 million reais ($58.3 million) to ANP, and... Continue Reading →
July 3, 2026 - 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 June. Key: (1) The fourth well at the Wahoo Field was opened on June 16, thereby completing the opening of all producing wells planned for the... Continue Reading →
July 3 - 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 June 2026. Potiguar – The Company continues the gradual resumption of operations at its facilities in the Potiguar Basin. The increase in oil production recorded in... Continue Reading →
July 2 (cenarioenergia) - The Administrative Council for Economic Defense (Cade) has approved, without restrictions, Petrobras' entry into the Itaimbezinho exploration block, located offshore in the Campos Basin and contracted under the production-sharing regime. The transaction involves acquiring a 50% stake currently held by Equinor—a move that reinforces the Petrobras' strategy to expand its exploration... Continue Reading →
July 2 (OE) MODEC has completed the forward hull section of floating production, storage and offloading (FPSO) vessel Gato do Mato, marking a key construction milestone for the Brazil-bound offshore production unit. The forward hull section, built at Sumitomo Heavy Industries Marine & Engineering's Yokosuka shipyard in Japan, has departed for China, where it will... Continue Reading →
July 1 - Just three days after reaching the milestone of 1.1 million barrels of oil per day last week, the Búzios field—located in the Santos Basin pre-salt—set a new production record. Last Friday (26), the field achieved an average daily production exceeding 1.2 million barrels of oil. This result was driven by the progress... Continue Reading →
Brazil Energy Insight 