The company was contracted by Allseas to supply 120 km of mechanically lined pipes (MLP) with anti-corrosive alloys for the Buzios field, operated by Petrobras in the Santos Basin pre-salt layer. According to Cladtek, this is the largest project in the history of the Brazilian oil company in terms of MLP manufacturing scope. The MLP... Continue Reading →
OneSubsea delivers final subsea tree for Petrobras ‘world’s largest deepwater oil & gas field’
(offshore-energy.biz) OneSubsea has delivered the 21st and final subsea tree for Petrobras’ Búzios project in Brazil, said to be the largest deepwater oil and gas field in the world, concluding a four-year journey for the project. OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, announced today, June 23, the completion of the... Continue Reading →
Prosafe Confirms $204M Deal with Petrobras for Safe Notos Flotel
(OE) Offshore accommodation firm Prosafe has confirmed the contract with Petrobras for its Safe Notos semi-submersible accomodation vessel, which will be put to work for safety and maintenance support offshore Brazil. Petrobras has ratified the result of the bidding process for the provision of the Safe Notos semi-submersible vessel, first announced in May 2025. As a... Continue Reading →
Petrobras announces results of ANP bidding process
Petróleo Brasileiro S.A. – Petrobras reports that it has acquired ten blocks in the Foz do Amazonas Basin and three blocks in the Pelotas Basin in the 5th Permanent Concession Offer Cycle of the National Agency of Petroleum, Natural Gas and Biofuels (ANP). In the Foz do Amazonas Basin, Petrobras acquired blocks FZA-M-1040, FZA-M-1042, FZA-M-188,... Continue Reading →
Galp Secures Three Exploration Blocks in Brazil
(OE) Portugal's Galp has been awarded three offshore blocks as part of Brazil’s fifth Open Permanent Concession bid round. Galp acquired offshore early-stage exploration blocks P-M-1670/1672/1741 in the Pelotas basin, in the southern region of the country. The awarded consortium is composed by Petrobras, as operator with 70%, and Galp with a 30% interest. The... Continue Reading →
US oil majors acquire blocks in Brazil’s Foz do Amazonas basin
Reuters) - Exxon Mobil and Chevron on Tuesday took their first steps toward exploring for oil in Brazil's Foz do Amazonas basin, scooping up offshore blocks auctioned by the country in the promising but environmentally sensitive area. The bids came as state-run Petrobras touted signs of breaking a stalemate on licensing in the offshore region near the mouth... Continue Reading →
Petrobras Sustainability Report
Petrobras published its Sustainability Report, providing a snapshot of the company's progress in its journey towards the Fair Energy Transition in 2024. The investment of US$16.3 billion in low-carbon projects over the next 5 years, the generation of 315 thousand jobs in the same period and the reduction of 40% in absolute CO2e emissions since... Continue Reading →
Petrobras reports on the construction of RNEST’s second train
Petróleo Brasileiro S.A. – Petrobras announces, following up on the release of June 29, 2023, that it has signed the first three contracts with Consag Engenharia S.A., as a result of competitive bidding, for the completion of the construction of Train 2 of the Abreu e Lima Refinery (RNEST), in Pernambuco. These contracts, amounting to... Continue Reading →
Petrobras, TechnipFMC Kick Off Electric-Actuation Pilot in Brazil
(OE) TechnipFMC and Petrobras have agreed to test and monitor a new electric actuation technology that is set to join the TechnipFMC eSolutions portfolio of electrical subsea systems. Scheduled for integration into a subsea tree planned for installation in 2026, the technology leverages both companies’ strengths to push the boundaries of subsea innovation. Through the... Continue Reading →
Petrobras informs about the monetary update of remuneration to shareholders related to the Fiscal Year 2024
Rio de Janeiro, June 13, 2025 – Petróleo Brasileiro S.A. – Petrobras, following up on the releases disclosed on 02/26/2025 and on 04/16/2025, informs that it will pay on 06/20/2025 the second installment of remuneration to shareholders related to the balance sheet of December 31, 2024. This payment considers the date of 04/16/2025 as the... Continue Reading →