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July 30 (Reuters) - Energy companies operating in Brazil are expected to resume oil shipments to the United States after several oil products were exempted from U.S. tariffs, the head of Brazilian oil lobby group IBP told Reuters on Wednesday. Oil is Brazil's top export to the U.S. and was exempt from the 10% April... Continue Reading →
July 29, 2025 - Petrobras average production of oil, NGL and natural gas was 2.91 MMboed in 2Q25, 5.0% higher than 1Q25. This performance was mainly due to the ramp-up of FPSOs Almirante Tamandaré, in Búzios field, Maria Quitéria, in Jubarte field, Anita Garibaldi and Anna Nery, in Marlim and Voador fields, to Marechal Duque... Continue Reading →
(PN) BP identified oil and gas signs in the wildcat well (1-BP-13-SPS) of the Bumerangue block, located in the Santos Basin pre-salt layer, in a water depth of 2,300 meters. Drilling of the well began in late May with the Valaris Renaissance drillship. The Bumerangue block was fully acquired by BP during the 1st Cycle... Continue Reading →
July 24, 2025 – Petróleo Brasileiro S.A. – Petrobras, in relation to news reported in the media regarding a petition filed with the Administrative Council for Economic Defense (CADE), hereby announces that it has requested to join as a third party in the merger review proceedings evaluating the possible purchase of shares in NSP Inv.,... Continue Reading →
July 23, 2025 – Petróleo Brasileiro S.A. – Petrobras hereby informs that the Production Individualization Agreement (AIP) of the Jubarte Pre-Salt Shared Reservoir, located in the Campos Basin, has been approved by the National Agency of Petroleum, Natural Gas, and Biofuels (ANP). The Jubarte Pre-Salt Shared Reservoir comprises: an area of the Jubarte Field (BC-60)... Continue Reading →
(PN) Continuing its pre-salt drilling program, Petrobras began drilling well 9-BUZ-103D-RJS in the Buzios field, in the Campos Basin, in 1,700 meters of water. The operation is being conducted by the drillship Atlantic Zonda, owned by Eldorado Drilling and operated by Ventura Offshore. In February of this year, the company announced the discovery of oil... Continue Reading →
(offshore-energy.biz) Switzerland-based offshore drilling contractor Transocean has secured a new batch of contracts and extensions in Australia, Norway, Ivory Coast, and Brazil for four floaters, encompassing two drillships and two semi-submersible rigs. While the rig owner’s backlog was $7.9 billion in the fleet status report from April 2025, the company’s total backlog is approximately $7.2 billion as of July 16,... Continue Reading →
(Reuters) - Shares of Brazilian fuel distributor Vibra Energia fell on Thursday after Bloomberg News reported that state-run oil firm Petrobras was eyeing a return to fuel retailing and its board would discuss the topic this week. Vibra's shares slipped 2.5%, making the company the worst performer on benchmark stock index Bovespa, which was trading near flat.... Continue Reading →
(Reuters) - Brazilian state-run oil firm Petrobras may redirect the oil it sells to the United States, sending more to Asia and Pacific markets due to higher tariffs the U.S. announced on Brazil, its chief executive told Reuters on Thursday. Although oil and gas exports make up a hefty share of Brazil's exports to the United... Continue Reading →
(OE) Norwegian offshore vessel owner Solstad Maritime has secured work for its Normand Pioneer construction support vessel (CSV) for the end-client Petrobras. The vessel will be on a bareboat contract from Solstad Maritime to Solstad Offshore (SOFF), which is the contract holder with Petrobras. Normand Pioneer CSV will be mobilized with a heave compensated E-type... Continue Reading →
Brazil Energy Insight 