Solstad’s AHTS Vessel Set for Petrobras Job

(OE) Norwegian offshore vessel owner Solstad Offshore has secured a contract with Petrobras for its anchor handling tug supply (AHTS) vessel Normand Turquesa. The four-year contract, subject to board approval, is scheduled to begin in February 2026. The current contract for Normand Turquesa has been extended by nine months and runs until start of new... Continue Reading →

Petrobras starts operating the second module of the Natural Gas Processing Unit (UPGN) in Rio de Janeiro

Petróleo Brasileiro S.A. – Petrobras, following up on the communication of November 11, 2024, informs that the second module of the Natural Gas Processing Unit (UPGN) of the Boaventura Energy Complex, located in Itaboraí (RJ), went into commercial operation. Added to the first module, inaugurated last year, the unit's total processing capacity reaches 21 million... Continue Reading →

Petrobras Production and Sales Report 1Q25

Petrobras reported oil, gas and gas liquids production of 2.77 million barrels of oil equivalent per day (boed) in the first quarter, down 0.2% from a year earlier. Petrobras' oil production in Brazil fell by 1% year-on-year, to 2.21 million barrels per day (bpd). Click here for the full 1Q25 Production & Sales Report .

Fleet staying active as Prosafe navigates strategic divestments

(offshore-energy.biz) Oslo Stock Exchange-listed semi-submersible accommodation vessel owner and operator Prosafe has shared its fleet activity for March. According to Prosafe, its fleet utilization rate for March 2025 was 52%, representing a slight decrease from the 57% rate reported for February.  Safe Zephyrus was the busiest, operating at full capacity during March, achieving 100% commercial uptime. The... Continue Reading →

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