Brazil National Energy Policy Council (CNPE) Establishes Guidelines for Regulating the Use of Offshore Energy Potential

April 1 (MME) The National Energy Policy Council (CNPE) approved, this Wednesday (April 1st), the resolution establishing the Guidelines for regulating Law No. 15,097/2025, on Offshore Wind Energy. The approval complies with the legal framework sanctioned in January 2025 and the deadlines established for the activities of the Offshore Wind Energy Working Group (GT-EO), instituted... Continue Reading →

April 1, 2026 1

Brazilian Demand for Supply Vessels for the Oil and Gas Industry Peaks in 2025

April 1 (PN) Brazilian demand for platform supply vessels (PSVs) peaked at 140 vessel-years in 2025, driven by new offshore developments and high daily rates. This data comes from a survey by Rystad Energy, authored by Supply Chain specialists Victor Claro and Einar Michel. According to the consultancy, this scenario led shipowners to mobilize foreign-flagged... Continue Reading →

April 1, 2026 0

Suriname – GranMorgu in full subsea build-out mode with multiple trees completed

March 31 (oilnow.gy) The GranMorgu offshore project has entered full subsea build-out mode, with multiple subsea Christmas Trees (XTs) completed, according to a March 30 update by TotalEnergies Suriname General Manager Artur Nunes da Silva. The project recorded its first XT completion in December 2025. Since then, progress has accelerated. Nunes da Silva said, “We... Continue Reading →

March 31, 2026 0

Shell surpasses 500,000 barrels of oil per day in Brazil

March 31 (CNN) The president of Shell Brazil, Cristiano Costa, reported that the company surpassed the production of 500,000 barrels of oil equivalent per day (boed) on March 24th, producing 502,200 barrels of oil equivalent per day (boed). The executive highlighted the production of assets such as Parque das Conchas (BC-10), in the Campos Basin,... Continue Reading →

March 31, 2026 0

SISTAC Extends Contract with Petrobras for Platform Maintenance in the Santos, Campos, and Espírito Santo Basins

March 31 (TN) SISTAC, a leader in the Brazilian market for inspection, maintenance, and repair of submerged structures for the oil and gas industry, announces that the company and Petrobras have signed a contract addendum extending the provision of services on platforms located in three basins—Santos, Campos, and Espírito Santo—for another year. Initiated in April... Continue Reading →

March 31, 2026 0

Renewable energy producers downsize operations in Brazil due to operational restrictions

March 31 (Reuters) - Brazil's renewable energy sector is facing severe headwinds, with major power generators scaling back operations and cutting jobs due to generation restrictions that the national grid ‌operator imposed on wind and solar plants in 2023, companies told Reuters. Atlas Renewable Energy, owned by Global Infrastructure Partners (GIP) under BlackRock, Newave Energia,... Continue Reading →

March 31, 2026 0

Petrobras Taps Fugro for Brazil’s First Licensed Offshore Wind Survey

March 31 (OE) Petrobras has selected Fugro to carry out a geotechnical site investigation for its Rio de Janeiro Offshore Wind Pilot Project, the first offshore wind development in South America to advance under a formal environmental licensing process. The 18 MW pilot project marks an early step in the region’s offshore wind development, as... Continue Reading →

March 31, 2026 1

Qatar Energy and Chevron acquire Shell’s offshore assets in Uruguay.

March 29 (ANCAP) On March 25, new companies formally joined Areas OFF-2 and OFF-7, operated by Shell, within the framework of the existing hydrocarbon exploration and production contracts. QatarEnergy entered Areas OFF-2 and OFF-7, while Chevron also joined Area OFF-7, as non-operating partners in all cases. As a result, in Area OFF-2, Shell now holds... Continue Reading →

March 30, 2026 0

Belov Engenharia Signs R$2.7 Billion in Contracts with Petrobras

Maech 30 (Sinaval) Belov Engenharia has signed a total of eight contracts with Petrobras for chartering and providing shallow diving (up to 50 meters) and ROV services with DSV (Diving Support Vessels) type vessels, which will come into effect between the second half of 2026 and the second half of 2027. The signed contracts total... Continue Reading →

March 30, 2026 0

Brava Energia to start well driling campaign in Papa-Terra and Atlanta Fields

March 30 - Brava Energia announced today that it has kicked off a campaign to drill four new wells, two in the Papa-Terra field, in the Campos Basin, and two in the Atlanta field, in the Santos Basin. The activities will be carried out with the Lone Star semi-submersible drilling rig, operated by Constellation, with... Continue Reading →

March 30, 2026 0

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Category: South America

Brazil National Energy Policy Council (CNPE) Establishes Guidelines for Regulating the Use of Offshore Energy Potential

Brazilian Demand for Supply Vessels for the Oil and Gas Industry Peaks in 2025

Suriname – GranMorgu in full subsea build-out mode with multiple trees completed

Shell surpasses 500,000 barrels of oil per day in Brazil

SISTAC Extends Contract with Petrobras for Platform Maintenance in the Santos, Campos, and Espírito Santo Basins

Renewable energy producers downsize operations in Brazil due to operational restrictions

Petrobras Taps Fugro for Brazil’s First Licensed Offshore Wind Survey

Qatar Energy and Chevron acquire Shell’s offshore assets in Uruguay.

Belov Engenharia Signs R$2.7 Billion in Contracts with Petrobras

Brava Energia to start well driling campaign in Papa-Terra and Atlanta Fields

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