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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 →
(Zack's) Brazil’s state-run oil giant Petróleo Brasileiro S.A. - Petrobras PBR is ramping up its offshore operations with a significant call for bids. The company has launched an open tender for 11 walk-to-work (W2W) vessels, aimed at enhancing accessibility and efficiency in offshore platforms. These tenders, split into three separate calls, reflect the company’s growing offshore ambitions... Continue Reading →
(PN) Petrobras had to restart drilling the pioneer well (1-BRSA-1401D-RJS) in the Agua Marinha pre-salt layer of the Campos Basin. The new well, technically named 1-BRSA-1401DA-RJS, is in a water depth of 2,601 meters. The drilling is being carried out with the Deepwater Aquila drillship. In addition to the Agua Marinha activity, Petrobras drilled a... Continue Reading →
(OE) Strohm, a thermoplastic composite pipe (TCP) solutions specialist, has completed the first field trials with Petrobras for its TCP pipe design offshore Brazil, at water depths of approximately 1,500 meters. The testing and engineering assessments, which were conducted in the Campos Basin in June, have demonstrated the pipe’s performance under real-world conditions as well... Continue Reading →
Brazil Energy Insight 