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Sept. 1 (OE) U.S.-based subsea services and technology firm Oceaneering International has through its Brazilian subsidiary Marine Production Systems do Brasil (MPS) secured multiple subsea robotics contracts from Petrobras. The contracts were awarded during the second quarter of 2025, following a competitive tender. The anticipated aggregate revenue of the contracts is approximately $180 million. Oceaneering... Continue Reading →
Aug.28 (TN) OneSubsea delivered the first wet Christmas tree (WCTN) for Petrobras' Búzios 11 project in a ceremony held at the multinational's factory in Taubaté, São Paulo, fulfilling the contractual deadline established between the parties. The contract with the Brazilian operator, signed in 2023, provides for the supply of 15 WCTNs and electro-hydraulic distribution units,... Continue Reading →
Aug. 28 (PN) Karoon announced to the market that it intends to invest between US$55 million and US$65 million in 2026 in a revitalization campaign for the FPSO Cidade de Itajaí, used in the Baúna field in the Santos Basin. Additionally, the company estimates spending approximately US$80 million to US$90 million between 2030 and 2034,... Continue Reading →
Aug. 28 (Reuters) Singapore's Keppel has initiated arbitration proceedings against local shipbuilder Seatrium for a S$68.4 million ($53.33 million) claim related to a corruption crackdown in Brazil, the companies said on Tuesday. In 2023, Seatrium had made provisions worth S$82.4 million to pay Keppel against claims related to the crackdown, named Operation Car Wash. Seatrium... Continue Reading →
Aug. 27, 2025 – Petróleo Brasileiro S.A. – Petrobras informs that it has received a letter from the Ministry of Mines and Energy appointing Mr. Marcelo Weick Pogliese to the position of member of the Company’s Board of Directors, to fill the position previously held by Mr. Pietro Adamo Sampaio Mendes. The nomination will be... Continue Reading →
Aug 27 (Reuters) - Brazilian state-run oil firm Petrobras on Wednesday concluded an emergency drill in the country's Foz do Amazonas basin, the company and Brazil's environmental agency said, marking one of the final steps needed to secure a controversial exploration license at the mouth of the Amazon river. Petrobras considers the drill, a pre-operational... Continue Reading →
Aug. 27 (OE) Seatrium has secured a contract from Golar Hilli Corporation, a subsidiary of Golar LNG, to perform the upgrading of floating liquefied natural gas (FLNG) unit Hilli Episeyo. Scheduled to enter the yard in the third quarter of 2026, the project involves technical modifications for FLNG Hilli Episeyo’s redeployment. The scope of work... Continue Reading →
Aug. 26 (OE) A cargo transfer vessel owned by Mitsui O.S.K. Lines (MOL) will be shared by TotalEnergies EP Brasil, which employs the vessel in its operation since 2020, with Shell Brasil Petróleo for crude oil cargos produced in Brazil. The vessel SeaLoader 1, owned by MOL’s subsidiary SeaLoading Holding, is employed by TotalEnergies for... Continue Reading →
Aug. 25 *PN) Petrobras President Magda Chambriard stated that the company has just reached a new milestone in natural gas processing. According to the executive, the state-owned company surpassed the 50 million cubic meters of natural gas processed per day mark last Saturday (23). "As we have said, it is the effort to increasingly make... Continue Reading →
Aug. 25 - The Pre-Operational Test (POT), conducted by Ibama, is the final stage of the environmental licensing process for drilling in block FZA-M-59, in deep waters off Amapá, in the Equatorial Margin. See below the answers to the main questions about this simulated exercise. What is the POT? The Pre-Operational Test (POT) is the final stage of the environmental licensing process conducted... Continue Reading →
Brazil Energy Insight 