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May 6 - DOF Group has secured four 12-year charter and services contracts in Brazil following a competitive tender process, supporting Petrobras’ deepwater subsea inspection, maintenance and repair operations. The contracts will lead to the construction of four new remotely operated vehicle support vessels (RSVs), with operations expected to begin from 2030, DOF said. The... Continue Reading →
May 5 (OE) Gulf Marine Services (GMS), a provider of jack-up support vessels to the offshore energy industry, has secured two contracts, marking its entry into Africa and Latin America and expansion of its footprint into new offshore energy markets. The first contract covers the deployment of a newly acquired vessel on a 170-day charter,... Continue Reading →
May 4, 2026 – Petróleo Brasileiro S.A. – Petrobras announces that it has qualified for inclusion in the Dow Jones Best-in-Class World Index (DJ BIC) of the S&P Global Corporate Sustainability Assessment (CSA) for the second consecutive year. In this DJ BIC assessment cycle, Petrobras stood out in criteria related to Transparency and Reporting, Community... Continue Reading →
May 4, 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 April. Key: (1) At the Valente cluster, the third producing well in the Wahoo field began production on April 6. The fourth well is expected to... Continue Reading →
May 4, 2026 – Petróleo Brasileiro S.A. - Petrobras announces that it has been notified by the National Agency of Petroleum, Natural Gas and Biofuels (ANP) on April 30, 2026, regarding the approval of the Production Individualization Agreements (AIP) for the Berbigão Shared Reservoir in Zone BVE-ITP/RJS-656 (Sururu) and the Zone BVE-ITD/RJS-697 of Berbigão (Berbigão),... Continue Reading →
May 4 - Brazil broke a record for oil and natural gas production in March, with 5.531 million barrels of oil equivalent per day (boe/d). The data was released May 4th by the ANP in its Monthly Oil and Natural Gas Production Bulletin. The previous record was in February 2026. Regarding oil, 4.247 million barrels... Continue Reading →
May 4 (Reuters) Guyana has asked judges at the International Court of Justice to rule that Venezuela does not have a legitimate claim on the potentially oil-rich region around the Esequibo river, which has been the subject of a dispute between the Latin American neighbours since colonial days. "Facing a larger and more powerful neighbour's designs... Continue Reading →
Rio de Janeiro, May 1, 2026 – Petróleo Brasileiro S.A. – Petrobras announces that the P-79 platform, located in the pre-salt layer of the Santos Basin, began production today, ahead of the date scheduled in Business Plan 2026–2030 (BP 26–30). As the eighth platform in the Búzios field, with a capacity of 180 thousand barrels of... Continue Reading →
May 1 - Petrobras has requested authorization from IBAMA (Brazilian Institute of Environment and Renewable Natural Resources) to use the Amaralina Star (NS-43) drillship, owned by Constellation, in exploratory activities in block FZA-M-59, in the Foz do Amazonas Basin. This measure aims to increase operational flexibility in the Equatorial Margin, allowing for optimized resource allocation... Continue Reading →
May 1 (Reuters) - Venezuela's oil exports rose 14% to 1.23 million barrels per day in April, the highest in more than seven years, fueled by more sales to the United States, India and Europe, shipping data and documents from state company PDVSA showed on Friday. The South American country has been draining oil inventories... Continue Reading →
Brazil Energy Insight 