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Jan. 2, 2026 - Petrobras began oil production from the P-78 floating production, storage and offloading (FPSO) vessel in the Búzios field, in the pre-salt layer of the Santos Basin, this Wednesday, December 31. Búzios 6 (P-78) has the capacity to produce 180,000 barrels of oil and 7.2 million m³ of gas per day. The... Continue Reading →
Dec. 31 (OE) U.K.-based oil and gas firm Harbour Energy has been appointed operator of the Zama oil project offshore Mexico. The appointment was agreed by the Zama partners, including Pemex, Grupo Carso and Talos Energy who will have the option to appoint key personnel into Harbour's project team, and subsequently approved by SENER (Mexico's... Continue Reading →
Dec 30 (Reuters) - Brazilian union Sindipetro-NF, one of the largest representing Petrobras workers, accepted on Tuesday a counteroffer from the state-run oil company for a labor deal, suspending a strike launched earlier this month. Sindipetro-NF was the only one among more than ten unions affiliated with FUP, an umbrella organization for oil workers, that remained... Continue Reading →
Dec. 30 (OE) Norwegian offshore vessel owner DOF Group has secured a new four-year contract with Petrobras for the remotely operated support vessel (RSV) Skandi Commander. The contract was awarded following the same competitive tender process that led to six previous four-year RSV contracts announced earlier. The Skandi Commander will be equipped with both a... Continue Reading →
Dec. 30 - Petrobras has approved the final investment decision (FID) for the development of the Sergipe Deep Waters Module 2 (SEAP II) project in the Sergipe-Alagoas Basin. The project is strategic for expanding the availability of domestic gas, as well as opening a new production frontier in the Northeast region. The SEAP II project... Continue Reading →
Dec. 29 (oilnow.gy) Guyana’s total revenues from oil production have climbed to over US$8 billion since output began in December 2019, bolstered by rising production from offshore projects operated by ExxonMobil. Cumulative revenues from oil sales and royalties exceeded US$8.25 billion, according to Bank of Guyana reports, with the milestone reached in October when inflows from crude... Continue Reading →
Dec. 29 (oilnow.gy) ExxonMobil’s Yellowtail offshore oil project in Guyana averaged 258,000 barrels per day (b/d) in November, exceeding its 250,000 b/d design capacity, according to newly released government data. Total offshore output across the four producing developments in Guyana’s Stabroek Block averaged about 894,000 b/d in November, up from 841,000 b/d in October, the data... Continue Reading →
Dec 26 (Reuters) - Brazilian union Sindipetro-NF, one of the largest representing Petrobras (PETR3.SA), opens new tab workers, has rejected the most recent proposal by the state-run oil firm to end a 12-day-long strike, it said in a statement on Friday. Sindipetro-NF represents about 25,000 workers in the oil industry, including ones in Petrobras' offshore oil platforms... Continue Reading →
Dec. 23 - OceanPact, which operates in maritime support, has signed another four-year contract with Petrobras, worth approximately R$ 500 million, for the chartering of the vessel Rochedo de São Paulo. The scope of the contract includes the handling and maintenance of offloading hoses – large hoses used in the transfer of oil between maritime... Continue Reading →
Dec. 23 (PN) The year ends with a new important milestone for Brazil's oil and gas sector. The country will close 2025 with 433 exploration blocks under contract, the highest number in history, according to data from the National Petroleum Agency (ANP). The best result until then had been recorded last year, when there were... Continue Reading →
Brazil Energy Insight 