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 →
Petrobras announces approval of the Production Individualization Agreements for the Sururu and Berbigão shared reservoirs
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 →
Brazil broke another oil and natural gas record with 5.531 million barrels of oil equivalent per day (boe/d) production in March
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 →
Petrobras brings forward start-up of Búzios 8 (P-79)
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 →
Petrobras Requests Authorization to Include Constellation Drilling Rig in Exploration of the Foz do Amazonas Basin
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 →
Vessel Sector Deep Dive: WTIVs
The changing global bottom-fixed offshore wind turbine and foundation installation market May 1 (OE) The last two or three years have seen a change in the underlying stakeholder support for the energy transition, resulting in the energy trilemma being focused more on energy security and affordability than transition, which means a pivot away from renewables... Continue Reading →
Petrobras 1Q26 Production & Sales Report
April 30 - Petrobras' average production of oil, natural gas liquids (NGL), and natural gas in the first quarter of 2026 reached a record 3.23 million barrels of oil equivalent per day (MMboed). This figure is 3.7% higher than the fourth quarter of 2025 and 16.1% higher than the first quarter of last year, mainly... Continue Reading →
Wilson Sons revolutionises offshore logistics with drone delivery in Guanabara Bay
April 29 - Wilson Sons, a port and maritime logistics operator with more than 188 years of experience, is set to conduct its first drone operations to deliver and pick up documents for platform supply vessels (PSVs) and to perform other services in Guanabara Bay. The initiative began last year in the Port of Salvador... Continue Reading →
Petrobras Expands Its Presence in the Campos Basin with the Acquisition of Part of the Argonauta Ring-Fence
April 27, 2026 – Petróleo Brasileiro S.A. – Petrobras announces that it has entered into an agreement to acquire 100% of a portion of the ring-fence of the Argonauta Field (BC-10 Concession) in the Campos Basin, currently held by Shell (Shell Brasil Petróleo Ltda.), ONGC (ONGC Campos Ltda.), and Brava (Enauta Petróleo e Gás Ltda.).The... Continue Reading →
Noble reports US$743M revenue, higher earnings in Q1 2026 on improved rig utilization
April 27 (oilnow.gy) Noble Corporation plc reported first-quarter 2026 results on April 26, with higher revenue and earnings driven by improved fleet utilization. The company said contract drilling services revenue totaled US$743 million in the first quarter, up from US$705 million in the prior quarter. Utilization of its 29 marketed rigs rose to 68%, compared... Continue Reading →