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(TN) ANP released the Monthly Bulletin of Oil and Natural Gas Production for April 2025, which contains consolidated data on national production. The month recorded a new record in pre-salt oil and gas production, with 3.734 million barrels of oil equivalent per day (boe/d). This represents an increase of 0.5% compared to the previous month... Continue Reading →
(PN) Petrobras is keeping an eye on the potential of the pre-salt layer in the Campos Basin. The company is expected to start drilling a pioneer well in the Agua Marinha block, auctioned in 2022, this June. The state-owned company is the operator of the area, with a 30% stake, in partnership with TotalEnergies (30%),... Continue Reading →
(Reuters) - Britain’s next renewable energy auction must secure a record amount of new offshore wind capacity if the country is to meet its 2030 clean power targets, Darren Davidson, vice president of turbine maker Siemens Energy UK&I, told Reuters. The country has put offshore wind at the heart of its plans to decarbonise its... Continue Reading →
Inyanga Marine Energy Group has announced the winners of contracts to build its HydroWing tidal energy array. The 20 MW HydroWing tidal energy array will be deployed at Morlais off Anglesey in Wales, one of the largest consented tidal energy projects in Europe. The demonstration pilot will deploy in the first quarter of 2026. Hutchinson Engineering... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that the Moody's rating agency has changed the company's global credit rating outlook from positive to stable. According to the agency, the decision follows the change in the outlook for Brazil's sovereign rating, which took place on May 30, 2025. Moody's reaffirmed Petrobras' credit rating at “Ba1”, reflecting the... Continue Reading →
Portuguese company Mota-Engil announced that it has signed a new and important contract with Petrobras worth approximately R$1.56 billion (around 240 million euros). The agreement is estimated to last 60 months and involves a wide range of services related to the decommissioning of subsea assets in three oil fields in the Campos Basin: Marlim, Marlim... Continue Reading →
(OE) Amplus Energy Services has selected Astican Shipyard in Las Palmas de Gran Canaria to undertake a major multi-million-dollar work scope to prepare its newly-acquired Petrojarl I floating production, storage and offloading (FPSO) unit for redeployment. The Petrojarl I - most recently in operation offshore Brazil - will undergo a critical reactivation and readiness program... Continue Reading →
(Reuters) - Wind farm developer Casa dos Ventos has regulatory approval to move ahead with a 300-megawatt project in northeast Brazil where the company has been discussing a major data center investment with the owner of TikTok. Brazil's national power grid operator gave the green light to connect the project at the Pecem port complex... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the Material Facts disclosed on May 26, 2025, and May 28, 2025, announces that it has filed today with the Brazilian Securities and Exchange Commission (“CVM”) the registration request for the public offering of simple debentures, not convertible into shares, in up to three series, unsecured, of... Continue Reading →
(oilnow.gy) Just across the Corentyne River, Suriname is watching. It has seen Guyana go from oil discovery to oil power in less than a decade, GDP booming, rigs multiplying and an international attention growing. But where Guyana surged ahead, Suriname is moving with caution. Guyana’s momentum was driven by multiple factors: a stable investment climate, a business-friendly... Continue Reading →
Brazil Energy Insight 