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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 (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 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 →
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 - 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 (oilnow.gy) ExxonMobil Guyana is advancing plans for its next development offshore Guyana, with the Haimara discovery expected to serve as the anchor for the project in the southeast section of the Stabroek Block. Company President Alistair Routledge said at a recent press briefing that the development concept for that area groups discoveries from Longtail through... Continue Reading →
March 30 (oilnow.gy) Crude oil production offshore Guyana averaged about 918,000 barrels per day (b/d) in February 2026, reflecting continued gains from optimization work across ExxonMobil’s Stabroek Block developments. Government data shows that approximately 25.7 million barrels were produced during the month across four projects. Output was distributed as follows: Liza 1: 129,000 b/d Liza... Continue Reading →
March 27 - Petrobras announced the renewal of the operating license from the Brazilian Institute of Environment and Renewable Natural Resources (Ibama) for drilling the Mãe de Ouro well, which is located in deep waters in the Potiguar Basin. The license allows the drilling of three wells: Mãe de Ouro, Inhame, and Taianga. The wells... Continue Reading →
March 27 - The board of the National Petroleum Agency (ANP) approved a new version of the tender for the Permanent Production Sharing Offer (OPP). The update includes 15 new exploration blocks, which are added to the eight already foreseen, totaling 23 areas available for the next OPP cycles. The technical-economic parameters were also revised.... Continue Reading →
March 27, 2026 - PRIO S.A. (the “Company” or “PRIO”) (B3: PRIO3), in compliance with best corporate governance practices, hereby informs its shareholders and the market in general that it has opened the second producing well at the Wahoo Field, whose production has stabilized at 12,000 barrels of oil per day. The opening schedule for... Continue Reading →
Brazil Energy Insight 