July 7 (Reuters) - Brazilian state-run oil firm Petrobras (PETR3.SA), opens new tab signed an agreement with regulator ANP committing to bring 335 temporarily abandoned offshore wells into compliance with safety and environmental rules, both parties said in separate statements on Tuesday. Under the signed agreement, Petrobras will pay 300 million reais ($58.3 million) to ANP, and... Continue Reading →
Oceaneering Wins Offshore Brazil Contract with Petrobras for ROV Services
July7 (OE) Oceaneering International, Inc. has announced that its Brazilian subsidiary, Marine Production Systems do Brasil LTDA (MPS), won a contract from Petróleo Brasileiro S.A. (Petrobras) to deliver ROV services offshore Brazil. The award follows a competitive tender process. The contract term is four years and operations are expected to begin in 2027. Oceaneering will... Continue Reading →
PRIO Production Data June 2026
July 3, 2026 - PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices incorporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of June. Key: (1) The fourth well at the Wahoo Field was opened on June 16, thereby completing the opening of all producing wells planned for the... Continue Reading →
Cade approves Petrobras’ entry into the Itaimbezinho block, reinforcing natural gas strategy in the Campos Basin
July 2 (cenarioenergia) - The Administrative Council for Economic Defense (Cade) has approved, without restrictions, Petrobras' entry into the Itaimbezinho exploration block, located offshore in the Campos Basin and contracted under the production-sharing regime. The transaction involves acquiring a 50% stake currently held by Equinor—a move that reinforces the Petrobras' strategy to expand its exploration... Continue Reading →
MODEC Advances Construction of Brazil-Bound Gato do Mato FPSO
July 2 (OE) MODEC has completed the forward hull section of floating production, storage and offloading (FPSO) vessel Gato do Mato, marking a key construction milestone for the Brazil-bound offshore production unit. The forward hull section, built at Sumitomo Heavy Industries Marine & Engineering's Yokosuka shipyard in Japan, has departed for China, where it will... Continue Reading →
Buzios Field surpasses 1.2 million barrels of oil pre day, new record just 3 days after reaching 1.1 barrels
July 1 - Just three days after reaching the milestone of 1.1 million barrels of oil per day last week, the Búzios field—located in the Santos Basin pre-salt—set a new production record. Last Friday (26), the field achieved an average daily production exceeding 1.2 million barrels of oil. This result was driven by the progress... Continue Reading →
Tenaris Opens Suriname Service Center to Support GranMorgu Offshore Project
July 1 (OE) Steel pipe supplier Tenaris has started operations at a new service center in Suriname to support the GranMorgu offshore project, operated by TotalEnergies with APA Corporation and Staatsolie Maatschappij Suriname as partners. Located in Paramaribo, the service center will provide integrated services for offshore operations, supporting TotalEnergies with the supply of casing,... Continue Reading →
DOF vessel lined up for three-year subsea contract in Stabroek Block
June 30 (oilnow.gy) DOF Group ASA has secured a three-year contract for the Skandi Involver to support subsea work in Guyana’s Stabroek Block, where ExxonMobil Guyana Limited continues to advance offshore development activity. The Norway-based offshore and subsea services company announced on June 26 that the award was made through its North America subsea region.... Continue Reading →
Búzios field breaks its own record, producing 1.1 million bpd
On June 23, the Búzios field, located in the Santos Basin pre-salt, reached a record average daily production of 1.1 million barrels of oil per day, surpassing the 1-million mark achieved in October 2025. As the country's largest field in terms of production and reserve volume, Búzios accounts for approximately one-third of all oil production... Continue Reading →
ASCO and N.V. Dordt Gateway form partnership to develop Suriname’s newest shorebase
June 24 - ASCO, a global logistics, materials management and operations specialist, has signed a Heads of Terms with N.V. Dordt Gateway to establish a strategic joint venture to support the development and operation of the Dordt Marine Support Base in Commewijne, Suriname. The agreement includes the formation of a joint operating company, Dordt Operations... Continue Reading →