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(OE) Shearwater Geoservices has secured a 3D marine seismic acquisition contract by TotalEnergies in Sao Tome & Principe on the STP-02 Block. The two-month exploration survey off the coast of Western Africa will start early in the third quarter of 2025 using the SW Empress, one of the world’s most capable 3D seismic vessels. TotalEnergies... Continue Reading →
(Reuters) Brazil's lower house of Congress on Wednesday approved an executive order allowing the government to auction its share of oil in uncontracted offshore pre-salt areas, a move that could help boost revenue as it struggles to balance its budget. The government had submitted a separate bill on the matter, but its content was incorporated... Continue Reading →
(Reuters) - Shell denied that it was in talks to buy BP after the Wall Street Journal reported on Wednesday that the oil major was in early discussions over a takeover of its British rival. "No talks are taking place. As we have said many times before, we are sharply focused on capturing the value in... Continue Reading →
(Reuters) - Brazil's National Energy Policy Council (CNPE) on Wednesday approved increasing the level of biofuels mixed into fossil fuels, a move towards gasoline self-sufficiency that was also celebrated by renewable energy lobbies after the government earlier hinted the blends would not be changed this year. From August 1, the proportion of ethanol to be... Continue Reading →
(OE) Miros, in partnership with Belga Marine, has enhanced its Oil Spill Detection (OSD) monitoring system system to include cloud-based monitoring capabilities that are now fully operational across several production assets offshore Brazil. The updated OSD monitoring system has been deployed across multiple production assets of a major Brazilian energy company. By integrating Miros’ technology... Continue Reading →
(PN) Petrobras began drilling well 3-BRSA-1400-SPS, in a water depth of 1,835 meters, using the West Auriga drillship. This is the sixth well drilled by the state-owned company in the block. The previous well, named 3-BRSA-1399-SPS, was drilled at the end of May, in a water depth of 1,866 meters. Aram was acquired in March... Continue Reading →
(offshoreWIND.biz) Japan’s Electric Power Development, also known as J-Power, has joined the WHEEL floating offshore wind demonstration project in Spain. The WHEEL demonstration project is led by the Madrid-headquartered company Esteyco. WHEEL will feature one turbine installed three kilometres off the eastern coast of Gran Canaria, Spain. Through this project, J-Power aims to acquire knowledge... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the Material Facts disclosed on May 28 and May 30, 2025, announces that it has concluded the bookbuilding process for the 8th (eighth) issuance of simple debentures, not convertible into shares, unsecured, in the total amount of R$ 3,000,000,000.00 (three billion reais) (“Debenture Issuance”), which will be... Continue Reading →
(Reuters) Brazilian oil company Prio expects to double its daily output next year when compared with 2024 levels, driven by the development of some key offshore fields, CEO Roberto Monteiro said on Monday. Prio forecasts production to exceed 200,000 barrels per day (bpd) next year, Monteiro told an event marking the company's 10th anniversary, up... Continue Reading →
(eixos.com.br) The Brazilian Institute of Environment and Renewable Natural Resources (Ibama) will announce, next week, the first environmental license for an offshore wind project in Brazil. Exios learned that the license will be for a pilot project of the Senai Institute for Innovation in Renewable Energy (ISI-ER), in Rio Grande do Norte. The decision of... Continue Reading →
Brazil Energy Insight 