Sept. 18 (OE) The high-specification ultra-deepwater drillship Tidal Action, owned by Hanwha Ocean, has started its maiden contract with Petrobras at Roncador field, offshore Brazil. The Tidal Action arrived in the Guanabara Bay in Rio de Janeiro on July 7, 2025, and has now been deployed to the Roncador field in the Campos Basin offshore... Continue Reading →
IBAMA Issuing Preliminary License for Stage 4 of Santos Basin Pre-Salt Development
Sept. 17 (PN) This week, Petrobras received a preliminary license from the Brazilian Institute of the Environment (IBAMA) for Stage 4 of the Santos Basin. The project aims to further expand the production and transportation of oil and natural gas from the pre-salt layer. The project involves the installation and operation of 10 platform ships,... Continue Reading →
Baker Hughes Inks Multi-Year Petrobras Deal for Offshore Stimulation Vessels
Sept. 17 (OE) Baker Hughes has signed a multi-year contract with Petrobras to extend deployment of its Blue Marlin and Blue Orca stimulation vessels, supporting offshore oil and gas production in Brazil’s post and pre-salt fields. The award, which followed an open tender, also covers the supply of associated chemicals and services. The vessels will... Continue Reading →
Perenco Launches Reactivation Program for Two Mothballed Campos Basin Fields
Sept. 16 (OE) Perenco has started active field reactivation program for the Cherne and Bagre fields in Campos Basin, acquired from Petrobras earlier in 2025, helping meet the industry’s mature field challenges and unlocking in excess of 50 mmstb of reserves. The multi-dimensional, two-year, reactivation program was designed to be executed in three linked stages... Continue Reading →
Tenaris to supply 115 km of seamless pipe for FPSO P-83 production system
Sept. 15 (PN) Tenaris announced the award of a contract to supply 18,000 tons (115 km) of seamless pipe for risers and flowlines for the FPSO P-83 (Búzios 11) production system. The agreement also includes the delivery of TenarisShawcor thermal insulation coatings. The seamless pipes will be produced at Tenaris' manufacturing center in Dalmine, Italy.... Continue Reading →
Petrobras announces participation in exploratory block in São Tomé and Príncipe
Sept. 13 - Petrobras informs that it has concluded the acquisition of a 27.5% stake in Block 4, located in São Tomé and Príncipe, Africa. With this acquisition, Petrobras joins the consortium of the aforementioned block, which includes Shell, the operator of the asset (30%), as well as Galp (27.5%) and ANP-STP (15%). Petrobras has... Continue Reading →
Petrobras makes new discovery in the Aram Block
Sept. 12 (PN) Petrobras notified the National Petroleum Agency (ANP) about the discovery of oil signs in well 3-BRSA-1399-SPS, in a water depth of 1,866 meters in the Aram block. Drilling on the well began at the end of May by the Valaris DS-4 drillship. The oil company has already found oil signs in two... Continue Reading →
Vallourec Bags $1B Offshore Pipe Order from Petrobras
Sept. 12 (OE) French tubular solutions supplier Vallourec has secured a major contract by Petrobras for the supply of Oil Country Tubular Goods (OCTG) products and services for its offshore operations from 2026 to 2029. The long-term agreement could generate total revenue of up to $1 billion, representing the widest award both in volumes and... Continue Reading →
Petrobras announces the settlement of its global notes offering
September 10, 2025 – Petróleo Brasileiro S.A. – Petrobras, following up on the statements disclosed on September 3, 2025, announces the settlement of its global notes offering in the international capital markets, totaling US$ 1 billion with maturity in 2030 and US$ 1 billion with maturity in 2036, issued through its wholly-owned subsidiary Petrobras Global... Continue Reading →
Petrobras Completes Test in Offshore Oil Area Ahead of Environmental Assessment
Sept 9 (Reuters) Brazil's President Luiz Inacio Lula da Silva said on Tuesday that environmental agency Ibama should be satisfied with the results of an emergency drill done by state-run oil firm Petrobras in the country's Foz do Amazonas basin, ahead of Ibama's official assessment. "Petrobras has already carried out the test. Ibama should be... Continue Reading →