Brought to you by Quest Offshore & Southern Cone Consultants
Feb 8 (Reuters) - Namibia will not recognise the purchase of offshore stakes in the Luderitz Basin announced last week by TotalEnergies and Petrobras until the oil companies follow the proper route for approval, government officials said on Sunday. Jonas Mbambo, a spokesperson for the presidency, confirmed that until a formal application is submitted and the prescribed... Continue Reading →
February 6, 2026 – Petróleo Brasileiro S.A.– Petrobras announces that it has received R$ 1.65 billion from its partners in the Sépia and Atapu fields: TotalEnergies EP Brasil Ltda (28%), PETRONAS Petróleo Brasil Ltda (21%), and QatarEnergy Brasil Ltda (21%) in Sépia; and Shell Brasil Petróleo Ltda (25%) and TotalEnergies EP Brasil Ltda (22.5%) in... Continue Reading →
February 6, 2026 – Petróleo Brasileiro S.A. – Petrobras announces that it has acquired a 42.5% stake in Block 2613, located offshore in the Republic of Namibia, Africa. The transaction was carried out in partnership with TotalEnergies, which also acquired 42.5% and will act as the operator of the block. The selling companies are Eight Offshore... Continue Reading →
Feb. 4 - The National Petroleum Agency (ANP) has authorized Petrobras to resume drilling in block FZA-M-059, in the Foz do Amazonas Basin, off the coast of Amapá. As a reminder, activity has been suspended since January 4th, following a loss of drilling fluid on the Foresea drillship ODN-II. In the official letter sent by... Continue Reading →
Feb. 3 (TN) According to recent data released in the 2025 Production Consolidation Supplement of the ANP's Oil and Natural Gas Production Bulletin*, three FPSOs operated by MODEC are among the top 10 producers in Brazil. The FPSO Guanabara MV31 stood out as the leading oil and gas producer in 2025, maintaining the position it... Continue Reading →
Feb. 2 (ANP) In 2025, the average Brazilian annual production of oil and natural gas reached a historic mark of 4.897 million barrels of oil equivalent per day (boe/d), approximately 12.7% higher than the previous record, achieved in 2023, which was 4.344 million barrels of oil equivalent/day. Compared to 2024, which totaled 4.322 million boe/d,... Continue Reading →
Jan. 30 (brasilenergia.com.br) Petrobras launches tender for the supply of up to 518.3 km of flexible pipelines of the riser and flowline types. The bid also includes reel rental and area sharing agreement for reel and material storage, as well as supervision, assembly, engineering and logistics services. The tender is divided into two lots: the... Continue Reading →
January 28, 2026 – Petróleo Brasileiro S.A. – Petrobras discloses its proved reserves of oil, condensate and natural gas, according to SEC (U.S. Securities and Exchange Commission) regulation, estimated at 12.1 billion barrels of oil equivalent (boe), as of December 31, 2025. Oil and condensate, and natural gas correspond to 84% and 16% of this... Continue Reading →
Jan. 28 (TN) The Government of Sergipe, through the State Secretariat for Economic Development and Science and Technology (Sedetec), continues to closely monitor the progress of the ‘Sergipe Deepwater’ project (Seap), after the National Agency of Petroleum, Natural Gas and Biofuels (ANP) approved the development plan for deepwater fields in the state. The decision was... Continue Reading →
Jan. 23 (eixos) The first ANP board meeting of 2026, scheduled for January 26th, has on its agenda the evaluation of the development plan for the Sergipe Deepwater project presented by Petrobras. Approval of the plan is one of the final steps to unlock one of the largest natural gas production projects planned for Brazil... Continue Reading →
Brazil Energy Insight 