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Dec. 2 - Porto do Açu is optimistic about future demand in the oil platform decommissioning market, even after the adjustment in resources that Petrobras intends to allocate to this activity. The assessment is that, even if the state-owned company decides to extend production in more mature fields, the services provided directly or indirectly will... Continue Reading →
Dec. 2 - Intermoor, Acteon’s Moorings and Anchors business line, has been awarded a three-year contract by Petrobras, following a Memorandum of Understanding (MoU) signed at the Offshore Technology Conference (OTC) in Houston in May 2025. With work due to commence in December 2025, Intermoor will deliver comprehensive quality assurance and traceability services across Petrobras’... Continue Reading →
Dec. 1 - Ibama has authorized the decommissioning of five shallow-water production fields in the Sergipe Basin, which are part of the state's offshore field cluster. The fields are operated by Petrobras, which had already announced the closure of exploratory activities in the units in 2020. The specific fields authorized for decommissioning are:GuaricemaCaiobaCamorimDouradoRobalo The activity... Continue Reading →
December 1, 2025 – Petróleo Brasileiro S.A. – Petrobras announces that it has been notified by Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) regarding the approval of the addendum to the Production Individualization Agreement (AIP) of the Tupi Shared Reservoir, located in the Santos Basin, which becomes effective as of today. The... Continue Reading →
Nov. 28 - Petrobras has postponed the contracting of two FPSO (floating production, storage and offloading) units until after 2030: one for the Albacora field revitalization project and the other for the second FPSO for Sergipe Águas Profundas (SEAP). Both units were left out of the horizon of the company's new 2026-2030 Business Plan. The... Continue Reading →
Nov. 28 - The company's new strategic plan for the period between 2026 and 2030 reveals a paradigm shift in the search for new reserves. Although the pre-salt layer will continue to receive a significant amount of investment, the Equatorial Margin will receive the largest share of the state-owned company's resources over the next five... Continue Reading →
Nov 27 (Reuters) - Brazilian state-run oil firm Petrobras has lowered its dividend forecast and cut expected investments by almost 2% in a new five-year business plan announced Thursday, as it grapples with lower crude prices. Petrobras expects to dole out between $45 billion and $50 billion during the 2026-2030 period in ordinary dividends, a... Continue Reading →
November 27, 2025 – Petróleo Brasileiro S.A. – Petrobras announces that its Board of Directors approved, during a meeting held today, the Business Plan 2026-2030 (BP 2026-30). In BP 2026-30, Petrobras maintains the strategies defined in the Strategic Plan 2050 (SP 2050) and reaffirms its vision of being the best diversified and integrated energy company... Continue Reading →
Nov 26 (Reuters) - Brazilian state-run oil firm Petrobras' five-year investment plan will see its first cut under President Luiz Inacio Lula da Silva's government due to lower oil prices, three sources familiar with the matter told Reuters. The new plan, to be unveiled on Thursday, is set to have a capital expenditure about 2%... Continue Reading →
Nov. 26 - Petrobras supplied three Transpetro ships with bunker fuel containing 24% renewable content. The operation took place at the São Sebastião Waterway Terminal (Tebar), in São Paulo. The fuel that supplied the vessels is composed of 24% biodiesel supplied by Petrobras Biocombustível (PBio). The ships Zumbi dos Palmares, with approximately 1,300 tons, and... Continue Reading →
Brazil Energy Insight 