Oct. 1 - The National Energy Policy Council (CNPE) approved a resolution creating the Offshore Wind Working Group (GT-EO), with the objective of proposing measures necessary for the regulation and effective implementation of Law No. 15,097 of January 10, 2025 (Offshore Wind Law) in Brazil. Coordinated by the Ministry of Mines and Energy (MME), the... Continue Reading →
25 MW Provence Grand Large Floating Wind Farm Inaugurated
Oct. 2 (offshoreWIND.biz) The 25 MW Provence Grand Large floating offshore wind farm in France, developed by EDF, Enbridge, and CPP Investments, has been officially inaugurated. The Provence Grand Large floating wind project has been operating for many months, supplying electricity to the Provence-Alpes-Côte d’Azur region. It is the first floating offshore wind project in... Continue Reading →
ANP Releases Consolidated Oil and Gas Production Data for August 2025
Oct. 1 - The ANP released the Monthly Oil and Natural Gas Production Bulletin for August 2025, which provides consolidated national production data. Total production (oil + natural gas) was 5.084 million barrels of oil equivalent per day (boe/d), maintaining the level above 5 million boe/d, reached for the first time in July. Regarding oil,... Continue Reading →
Transocean Secures $243M in Ultra-Deepwater Drillship Contract Extensions with Petrobras and bp
Oct. 2 - Offshore drilling contractor Transocean has secured two contract extensions with Petrobras and bp for two of its ultra-deepwater drillships. In aggregate, the extensions represent approximately $243 million in firm contract backlog. In Brazil, Petrobras exercised a 30-day option for the Deepwater Mykonos in direct continuation of its firm program. The extension is... Continue Reading →
CNPE approves guidelines for offering oil and gas blocks beyond 200 nautical miles under the production-sharing regime
Oct. 1 - The National Energy Policy Council (CNPE) approved, this Wednesday (October 1st), a resolution establishing guidelines for the inclusion of oil and natural gas exploration blocks under the production-sharing regime located beyond 200 nautical miles, in accordance with the Brazilian Continental Shelf Survey Plan (Leplac). The decision represents a regulatory milestone for the... Continue Reading →
CNPE Authorizes Auction of Production Individualization Agreements for the Mero, Atapu, and Tupi Oil Fields
Oct.1 -The National Energy Policy Council (CNPE) approved, this Wednesday (October 1st), a resolution authorizing Pré-Sal Petróleo (PPSA), a state-owned company linked to the Ministry of Mines and Energy (MME), to hold the Auction for the Sale of Rights and Obligations arising from the Production Individualization Agreements (AIPs) for the Mero, Atapu, and Tupi Shared... Continue Reading →
PRIO – Offering of Senior Notes and Tender Offer
October 1, 2025 – PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), informs its shareholders and the market in general that PRIO Luxembourg Holding S.à r.l., its subsidiary, incorporated under the laws of the Grand Duchy of Luxembourg (“PRIO Lux”), has begun efforts for the issuance of a new series of debt securities, in the form... Continue Reading →
Construction of Vaca Muerta pipeline in Argentina is 35% complete official says
Sept 30 (Reuters) - The construction of a flagship pipeline to transport oil output from Argentina's Vaca Muerta shale region to the coast is 35% complete, the country's head of energy, Daniel Gonzalez, said at a conference on Tuesday. The 437-kilometer Vaca Muerta South pipeline by a holding company led by state-controlled YPF will connect Argentina's most important... Continue Reading →
Government Sets Minimum 60% Local Content for Offshore Support Vessels
Oct. 1 (PN) The board of the National Energy Policy Council (CNPE) this Wednesday (1st), approved a resolution that defines minimum local content rates for offshore support vessels built in Brazil. Under the new rule, projects must achieve at least 60% local content and at least 50% in two of the three investment groups: engineering;... Continue Reading →
Brava Energia on closing of the purchase and sale transaction of gas midstream infrastructure with Petroreconcavo
BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, and following the Material Fact disclosed on May 5, 2025, informs its investors and the market in general that the Asset Purchase and Sale transaction (“Agreement”) with PETRORECONCAVO S.A. (“PetroReconcavo”), regarding the sale of 50% of the gas midstream infrastructure in... Continue Reading →