(offshore-energy.biz) A flexible, large subsea construction vessel owned by Norwegian DOF Group has been contracted on a four-year term charter with Brazil’s oil & gas company Petrobras. Under the contract valued at approximately $165 million, Skandi Salvador will operate with two work-class remotely operated vehicles (ROVs) and a subsea crane, with delivery expected in December.... Continue Reading →
Petrobras informs about the Chairman of the Board of Directors
August 20, 2025 – Petróleo Brasileiro S.A. – Petrobras, following up on the statement disclosed on December 16, 2024, announces that it has received today the resignation, effective immediately, of the Chairman of the company's Board of Directors, Mr. Pietro Adamo Sampaio Mendes, from his positions as Chairman and member of the Board of Directors... Continue Reading →
Petrobras informs about the payment of remuneration to shareholders
August 20, 2025 – Petróleo Brasileiro S.A. – Petrobras, following up on the Material Fact published on 05/12/2025, informs that it will make today the payment of the first installment of shareholder remuneration relating to the balance sheet of March 31, 2025. The gross amount to be distributed today, entirely in the form of interest... Continue Reading →
Transpetro to Relaunch Tender for Barges in Brazil
Aug. 20 (Reuters) Brazil's Transpetro, the logistics subsidiary of state-run oil firm Petrobras, is set to relaunch a tender for building barges after low interest in a May bidding process, Transpetro Chief Executive Sergio Bacci said on Tuesday. In May the firm put up the tender for the four barges intended for fuel transportation operations,... Continue Reading →
2012-built rig at designated spot: Petrobras sets the stage to secure go-ahead for drilling ops
Aug. 19 (offshore-energy.biz) Following the arrival of a drillship at its drill site, Brazil’s state-owned oil and gas giant Petrobras is getting ready to embark on the pre-operational assessment, as the final stage of the licensing process for drilling a deepwater well in Amapá. As one of the resources that will be put into practice... Continue Reading →
Petrobras worried about upcoming change in Brazil’s reference oil price, CEO says
Aug 18 (Reuters) - State-run oil firm Petrobras is worried about an upcoming change in Brazil's reference oil price that determines some taxes and royalties drillers pay, as it could weaken the economic viability of projects in offshore post-salt fields and in its onshore business, CEO Magda Chambriard said on Monday. Chambriard added that oil in... Continue Reading →
Petrobras favors corn over cane for ethanol, may exclude Raizen, sources say
Aug 18 (Reuters) - Brazil's Petrobras is leaning toward corn as the raw material for a renewed foray into ethanol, potentially sidelining sugarcane and beleaguered sugar producer Raizen, three Petrobras sources familiar with the matter said, citing preliminary evaluations. Energy company Petrobras, majority-owned by Brazil's government, has previously said its potential return to ethanol would involve... Continue Reading →
Brazil’s ANP Extends Aram Block Deadline as Petrobras Confirms New Oil Finds
Aug.18 (oilprice.com) Brazil’s oil and gas regulator ANP has approved an 18-month extension of the exploration period for the Aram block in the Santos Basin pre-salt, pushing the deadline for Petrobras and China’s CNOOC to meet their commitments to June 30, 2029, according to BNamericas. The move gives the consortium more time to advance drilling in... Continue Reading →
Petrobras contracts 4 support vessels with OceanPact for R$3.2 billion
Aug.18 (Reuters) – Petrobras signed a R$3.2 billion contract with the offshore support vessel company OceanPact for the charter of four RSV vessels for four years, the service provider told Reuters on Monday (18). The vessels will be used in remotely operated vehicle (ROV) operations for inspection of underwater structures, preventive and corrective maintenance, installation... Continue Reading →
Petrobras Looks to Increase Production at Three FPSOs
Aug.18 (Reuters) Brazilian state-run oil firm Petrobras is looking to increase production at three floating offshore production platforms (FPSO) it operates in the country, the head of Exploration and Production, Sylvia dos Anjos, said on Monday. Production at the firm's Almirante Tamandare FPSO in Buzios field could increase from the current 225,000 barrels of oil per day... Continue Reading →