Petrobras Cancels Newbuild OSV Tender After 18 Months as Brazil Contracting Delays Frustrate Vessel Market
Petrobras has cancelled a tender for two newbuild offshore support vessels more than 18 months after originally launching the exercise,…
South America
Brazil’s New Oil Frontier Could Keep Its Boom Alive For Decades
Petrobras has discovered oil near the Amazon River mouth, with Lula calling the find a “passport to Brazil’s future,” although…
South America
Petrobras Halts $1 Billion Gas Pipeline Study Over Proposed Brazilian Gas Regulations
Brazil’s state-run oil company Petrobras has suspended studies for a $1 billion natural gas pipeline due to regulatory uncertainty surrounding…
South America
Fluxus acquires stake in Venezuela’s Petrororaima joint venture
Brazil’s billionaire Batista brothers have acquired a stake in an oil production project in Venezuela, the latest deal to emerge…
Brazil’s 23 GW offshore wind pipeline is now one turbine, GEN Intel analysis finds
**ABERDEEN, 15 July 2026.** Five of the world’s largest energy companies have sold, exited or downgraded their offshore wind businesses…
Appointments
Petrobras Shakes Up Leadership Amid Governance Transition
Brazil’s state-controlled oil major Petrobras has announced a set of leadership changes, reshaping both its board of directors and executive…
International
Brazilian oil and gas production record in 2025, 4,987million boe/d
Brazil daily production of oil and natural gas in 2025 reached the equivalent of 4,987 million boe/d, a new record,…
Contracts
Petrobras awards Halliburton deepwater contracts in Brazil
Petrobras awarded multiple contracts to Halliburton to provide vessel stimulation, intelligent completions and safety valves in Brazil’s deepwater fields after…
International
BP’s Brazil oil discovery signals receding fears of stranded assets
BP Bumerangue discovery in Brazil could hold over 2 billion barrels of oil reserves Discovery comes as oil majors revive…
International
Brazil sets new oil and gas production record in June with 4.9 million barrels per day
Aug 6 (ANP) Brazil broke a record for oil and natural gas production in June of this year, with 4.9…
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