Brazil’s state-run oil company, Petrobras (PETR3.SA), opens new tab, said on Friday it had submitted an expression of interest for exploration blocks in Ghana and begun negotiations.The West African nation’s Ministry of Energy and Green Transition had approved its application to negotiate exploration contracts for four offshore blocks in the Keta Basin, Petrobras said.Sylvia Anjos, Petrobras’ […]
Latin America’s two biggest oil companies are betting on a high-risk effort to unlock crude from deeply buried Jurassic rocks offshore Mexico. Petroleo Brasileiro SA and Petroleos Mexicanos have teamed up to evaluate a pre-salt play beneath the Gulf of Mexico that is older, deeper and potentially richer in oil than many existing fields. The […]
Petrobras has identified hydrocarbons in a deepwater exploratory well off the coast of Amapá in northern Brazil, the company announced on Friday.
Petrobras has confirmed a new deepwater natural gas discovery at the Sandia-1 exploratory well in Colombia’s GUA-OFF-0 Block, further expanding the company’s growing offshore gas portfolio in the country.
Petrobras increased its oil and natural gas production 14.1% year over year to a record 3.34 MMboed in the second quarter of 2026, driven by the continued ramp-up of major pre-salt developments in the Santos basin and improved operational efficiency across its offshore portfolio. Production also rose 3.4% from the first quarter as the company benefited […]
Oceaneering International has been awarded a four-year contract by Petrobras to provide remotely operated vehicle (ROV) services supporting offshore operations in Brazil. The contract, awarded through a competitive tender process, will be executed by Oceaneering’s Brazilian subsidiary, Marine Production Systems do Brasil (MPS). Operations are scheduled to begin in 2027. Under the agreement, Oceaneering will supply two work-class […]
Petrobras has agreed to acquire a 50% interest in the offshore Itaimbezinho exploration block in Brazil’s Campos basin from Equinor, expanding its presence in one of the country’s most active offshore regions.
DOF Group ASA has secured nearly $2 billion in long-term contracts with Petrobras for four new ROV support vessels (RSVs) that will support subsea inspection, maintenance and repair (IMR) operations offshore Brazil.
SES S.A. will provide satellite connectivity for seven new floating production, storage and offloading (FPSO) units operated by Petrobras, supporting offshore developments in Brazil scheduled to come online between 2026 and 2030.
Petrobras has agreed to acquire a 100% interest in a portion of the Argonauta area in the Campos basin, increasing its stake in the Jubarte pre-salt field.