Oct. 6 (Reuters) Petrobras is expected to open bids for the contracting of two FPSOs for the Sergipe Deep Waters Project (Seap) on October 15, Renata Baruzzi, Executive Director of Engineering, Technology, and Innovation, said. "The bidders asked for more time. We gave them another 15 days," the director told reporters. Baruzzi also explained that... Continue Reading →
Brazilian offshore oil asset pair turning off the taps next month for scheduled maintenance
Oct. 3 (offshorte-energy.biz) The production mode at two oil-producing assets off the coast of Brazil is weeks away from being switched off, enabling operators to undertake planned maintenance activities in their chosen Campos Basin fields. South America’s Brava Energia has revealed that the output from its Papa-Terra field in the Campos Basin will be halted for up... Continue Reading →
Consortium led by Azevedo & Travassos signs R$1.76 Billion contract with Petrobras for works at the Boaventura Complex
Oct. 3 (PN) The consortium formed by Heftos, a subsidiary of Azevedo & Travassos, and Colares Linhares announced that it has signed a contract with Petrobras for the construction of the Hydrogen Generation Unit at the Boaventura Complex (formerly Comperj), in Itaboraí, Rio de Janeiro. The contract is worth R$1.76 billion. The contract provides for... Continue Reading →
Petrobras begins contracting for the construction of FPSO Búzios 12
Oct. 3 - Petrobras began the contracting process for the construction of FPSO Búzios 12, which will be installed in the Santos Basin, in the state of Rio de Janeiro. The new unit, P-91, will be the 12th platform assigned to the Búzios field, consolidating it as the company's largest producing field and increasing its importance in supplying natural gas in the country. Búzios... Continue Reading →
BP to seek partner for Brazil deepwater oil discovery
Oct 2 (Reuters) - BP will seek a partner for its major Bumerangue oil discovery in Brazil and could close a deal before making a final investment decision on the project, the oil major's country head said on Thursday. The British company, which currently holds 100% of the block, in August announced that Bumerangue was its largest oil... Continue Reading →
SBM Offshore reimaging FPSO ops with Cognite and SLB to power next wave of AI-enabled innovation
Oct. 2 (offshore-energy.biz) Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has strengthened ties with Cognite, an industrial AI software-as-a-service (SaaS) company, and SLB, a U.S.-headquartered technology player, to create an enhanced artificial intelligence (AI) blueprint envisioned to bolster operational efficiency and fuel further innovation in floating production systems. In... Continue Reading →
ANP Releases Consolidated Oil and Gas Production Data for August 2025
Oct. 1 - The ANP released the Monthly Oil and Natural Gas Production Bulletin for August 2025, which provides consolidated national production data. Total production (oil + natural gas) was 5.084 million barrels of oil equivalent per day (boe/d), maintaining the level above 5 million boe/d, reached for the first time in July. Regarding oil,... Continue Reading →
Vallourec Signs Another OCTG Order from Petrobras
Oct. 1 - French tubular solutions supplier Vallourec has secured a new order from Petrobras for its Submagnético Free Flow oil country tubular goods (OCTG) solution designed to prevent inorganic scaling in production strings. The order covers the production and installation of more than 30 units, to be delivered and installed in Brazil’s offshore pre-salt... Continue Reading →
Petrobras FPSO P-78 arrives at the Búzios Field
Sept. 30 - After departing the Benoi shipyard in Singapore on July 13th, the FPSO P-78 arrived today, September 30th, at the Búzios Field, in the pre-salt layer of the Santos Basin. The unit will now be connected to the wells to begin production shortly. The Búzios Field is located in ultra-deep waters of the Santos Basin at depths of up to 2,100... Continue Reading →
Angola’s Sonangol Prepares for Landmark IPO
Sept. 30 (oilprice) Angola’s state oil company, Sonangol, is preparing to list up to 30% of its shares in an initial public offering (IPO) sometime in the next 24 months in what would be a milestone that could reshape not only the company itself but the country’s broader economic trajectory. For decades, Sonangol has been... Continue Reading →