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Jesper Skjong, Contributor Dec. 20 (OE) Throughout 2025 we have seen the subsea vessel market transitioning from a period of record highs towards a more cautious, but still fundamentally strong, outlook. While short-term activity and rates have softened in the latter part of the year, long-term demand - driven by deepwater projects and global energy infrastructure-... Continue Reading →
Dec. 30 (OE) Norwegian offshore vessel owner DOF Group has secured a new four-year contract with Petrobras for the remotely operated support vessel (RSV) Skandi Commander. The contract was awarded following the same competitive tender process that led to six previous four-year RSV contracts announced earlier. The Skandi Commander will be equipped with both a... Continue Reading →
Dec. 30 - Petrobras has approved the final investment decision (FID) for the development of the Sergipe Deep Waters Module 2 (SEAP II) project in the Sergipe-Alagoas Basin. The project is strategic for expanding the availability of domestic gas, as well as opening a new production frontier in the Northeast region. The SEAP II project... Continue Reading →
Dec. 29 (TN) In another modernization process and commitment to the market, Petrobras announces the online auction of two deactivated offshore platforms following a decommissioning plan. Platform P-26 (pictured), located in São João da Barra (RJ), has a starting bid of R$ 1.5 million, while P-19, located in Macaé (RJ), starts at R$ 1.6 million.... Continue Reading →
Dec 29 (Reuters) - Brazil's Superior Labor Court ruled staffing levels to remain at 80% at all Petrobras facilities in Brazil as negotiations between workers at the state-run oil company drag on amid a prolonged strike. In a statement from the court, the ruling made on Saturday also bars worker unions from blocking the transportation of... Continue Reading →
Dec. 29 (oilnow.gy) ExxonMobil’s Yellowtail offshore oil project in Guyana averaged 258,000 barrels per day (b/d) in November, exceeding its 250,000 b/d design capacity, according to newly released government data. Total offshore output across the four producing developments in Guyana’s Stabroek Block averaged about 894,000 b/d in November, up from 841,000 b/d in October, the data... Continue Reading →
Dec. 29 (OE) Petronas has completed drilling of the Caiman-1 exploration well in Block 52 offshore Suriname, marking the first well in its four-well 2025–2026 drilling campaign in the block. The Caiman-1 well was spudded on July 21, 2025 and safely plugged and abandoned on December 6, 2025. The well delivered encouraging results and represents... Continue Reading →
Dec 26 (Reuters) - Brazilian union Sindipetro-NF, one of the largest representing Petrobras (PETR3.SA), opens new tab workers, has rejected the most recent proposal by the state-run oil firm to end a 12-day-long strike, it said in a statement on Friday. Sindipetro-NF represents about 25,000 workers in the oil industry, including ones in Petrobras' offshore oil platforms... Continue Reading →
Dec. 23 - OceanPact, which operates in maritime support, has signed another four-year contract with Petrobras, worth approximately R$ 500 million, for the chartering of the vessel Rochedo de São Paulo. The scope of the contract includes the handling and maintenance of offloading hoses – large hoses used in the transfer of oil between maritime... Continue Reading →
Dec. 23 - Petrobras, following up on the announcement dated December 15, 2025, informs that, in light of the progress in negotiations related to Braskem and in order to expedite the necessary authorization procedures, Shine I Fundo de Investimento em Direitos Creditórios de Responsabilidade Limitada (FIDC) submitted today the potential transaction to Brazil’s Administrative Council for Economic Defense (CADE), with... Continue Reading →
Brazil Energy Insight 