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Aug.18 (agenciapetrobras.com) The Buzios field, operated by Petrobras, broke its record and surpassed daily production of 900,000 barrels of oil this weekend. Located in the pre-salt layer of the Santos Basin, approximately 180 kilometers off the coast of Rio de Janeiro, Búzios was discovered by Petrobras in 2010 and began operations in 2018. With this... Continue Reading →
Aug.18 (Reuters) Petrobras is considering an investment in sugar and ethanol producer Raizen as a way to re-enter the ethanol market, local newspaper O Globo reported on Saturday, citing sources. Petrobras had previously said it was eying a return to the ethanol sector after having announced in its 2017-2021 strategic plan it would no longer... Continue Reading →
Aug. 18 (OE) Saipem reports it has successfully completed its designated scope of work for the development of the Yellowtail field, operated by ExxonMobil Guyana Ltd., located in approximately 1,800m of water within the Stabroek Block offshore Guyana. Awarded the contract in 2022, Saipem undertook the Engineering, Procurement, Construction, and Installation (EPCI) of the Subsea Umbilical, Riser, and Flowline (SURF)... Continue Reading →
Aug. 18, 2025 – PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), informs its shareholders and the market in general that on Friday, August 15, 2025, the National Agency of Petroleum, Natural Gas and Biofuels (“ANP”) decided to stop production on the Peregrino FPSO, operated by Equinor do Brasil Ltda. (“Equinor”), as communicated to the consortium partners... Continue Reading →
Aug. 15 (PN) FPSO Almirante Tamandare (Búzios 7 Project) reached yesterday (14) the highest production flow rate per unit in Petrobras' history, three months ahead of schedule, November of this year: 225,000 barrels per day. The FPSO began operations in February in the Buzios field, in the Santos Basin pre-salt layer. The record confirms expectations... Continue Reading →
Aug. 14 (offshoreWIND.biz) Brazil’s Centre for Gas Technologies and Renewable Energies (CTGAS-ER), part of the country’s SENAI Institute for Innovation in Renewable Energy, and the UK-based Ocean Energy Pathway have launched the first joint training programme focused on offshore wind energy in Brazil. Later this month, SENAI will also launch a postgraduate course in offshore... Continue Reading →
Aug.14 (OE) Golar LNG Limited cemented its position as one of the most active players in the floating LNG (FLNG) market, announcing Q2 2025 results alongside major long-term contracts that add $13.7 billion to its Adjusted EBITDA backlog. The new deals—both with Argentina’s Southern Energy S.A. (SESA)—cover redeployment of the FLNG Hilli and the company’s... Continue Reading →
AUG.13 (Offshore Technology) Colombia's state oil company Ecopetrol, has reported a 46% decrease in net profit for the second quarter (Q2) due to declining global oil prices and slight production decreases. The company's net profit fell to approximately $450m (1.81trn pesos), down from the previous year's equivalent of $840m, with total sales also decreasing by... Continue Reading →
Aug.13 (PN) Petrobras appears closer than ever to obtaining the long-awaited environmental license to drill in the promising Foz do Amazonas basin, off the coast of Amapá, within the so-called Equatorial Margin. Technicians from the company and the Brazilian Institute of the Environment and Renewable Natural Resources (IBAMA) this week finalized the details for the... Continue Reading →
Aug 11 (PN) Seagems completed the BRAVA Project, carried out in the Atlanta Field, in the Santos Basin. Signed in 2022, the contract included an EPCI (Engineering, Procurement, Construction, and Installation) campaign, developed in partnership with its shareholder Sapura Energy. The final phase began in April 2024, with the mobilization of the vessel Onix to... Continue Reading →
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