August 4, 2025 – Petróleo Brasileiro S.A. – Petrobras, following up on the disclosures made on April 17, 2024, and April 25, 2024, announces that it has concluded today the transfer of its entire participation (100%) in the Cherne and Bagre fields, located in shallow waters in the Campos Basin, to Perenco Petróleo e Gás... Continue Reading →
PRIO July 2025 Operational Data
August 4, 2025 - 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 July. Key: (1) At the Frade field, the gas compressor had a failure at the end of July, which has already been resolved, and production has... Continue Reading →
Suriname to outpace Guyana in 2025 exploration activity – WoodMac
(oilnow.gy) Suriname is set to surpass Guyana in exploration and appraisal drilling activity in 2025, according to Wood Mackenzie in the latest World Oil Regional Report on Guyana and Suriname. “In 2025, for the first time since the Liza discovery, WoodMac expects to see more exploration and appraisal wells drilled in Suriname than in Guyana,” the report outlined. ... Continue Reading →
Petrobras Signs R$1.2 Billion Contract for Vessels Aimed at Platform Readiness Campaign
(TN) Petrobras has signed R$1.2 billion charter and nautical operation and hotel service contracts for two self-elevating Liftboat vessels. These vessels will support maintenance and readiness operations for fixed platforms to be decommissioned in the Sergipe-Alagoas and Rio Grande do Norte-Ceará basins. The commercial agreement, resulting from a bidding process, was signed with OOS International... Continue Reading →
WindEurope: EUR 6.4 Billion Needed for Ports and Vessels to Meet Offshore Wind Goals
(offshoreWIND.biz) Europe needs to invest an extra EUR 6.4 billion in port facilities and new vessels to reach its offshore wind energy goals, according to WindEurope. Currently, Europe can install and maintain about 10 GW of offshore wind annually, enough to meet its 2030 energy security targets, but after 2030, this capacity must rise to... Continue Reading →
Global Offshore Wind Capacity Reaches 83 GW, 100 GW More to Be Awarded in 2025-2026, New Report Says
(offshoreWIND.biz) According to a new market report from the Global Wind Energy Council (GWEC), there are now 83 GW of offshore wind capacity installed globally, with 48 GW more in the construction phase worldwide as of May this year. “Our report finds that there is now already 83 GW of offshore wind installed worldwide, keeping... Continue Reading →
Brava Energia July 2025 production data
BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), informs its investors and the market in general the preliminary and unaudited production data for the month of July 2025. The Company renewed its historical production record in July, reaching a daily average of 90.9 thousand boe, an increase of 6.0% compared to the average recorded in... Continue Reading →
BP Makes Largest Oil and Gas Discovery in Decades in the Brazilian Pre-Salt
(OE) BP has made an oil and gas discovery at the Bumerangue prospect in the deepwater offshore Brazil, its largest discovery in 25 years. BP drilled exploration well 1-BP-13-SPS at the Bumerangue block, located in the Santos Basin, 404 kilometers (218 nautical miles) from Rio de Janeiro, in a water depth of 2,372 meters. The... Continue Reading →
Solstad’s CSV Up for Petrobras Job Under $108M Contract
(OE) Norwegian offshore vessel operator Solstad Offshore has secured a contract with Petrobras for its construction support vessel (CSV) Normand Commander. The vessel will be on a bareboat contract from the vessel owner Solstad Maritime to Solstad Offshore, who holds the contract with Petrobras. The four-year contract will start in the first quarter of 2026.... Continue Reading →
Oil States Secures New Contract with Petrobras
(TN) "We announce two unprecedented milestones in our history in Brazil with new contracts with Petrobras for: • PDG (Permanent Downhole Gauge) Preparation and Installation Services • Specialized Technical Operation and Maintenance Services for Electrical Systems for Monitoring Signals from Subsea Downhole Sensors and ANMs." "This is the first time we have undertaken this scope... Continue Reading →