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Petrobras signs oil and gas MoU with Mozambique’s ENH

Petrobras and ENH, the national oil companies of Brazil and Mozambique respectively, have signed a memorandum of understanding, establishing cooperation in oil and gas assessment and development. The agreement coincided with Mozambican President Daniel Chapo’s visit to Brazil, where he spoke at Rio Oil & Gas 2026. “We are not looking only for suppliers. We […]

Petrobras signs eight offshore exploration contracts in Côte d’Ivoire

Petrobras has signed production-sharing contracts (PSCs) for eight offshore exploration blocks in Côte d’Ivoire, establishing a significant operated position along the African Atlantic margin. The agreements cover blocks CI-513, CI-600, CI-601, CI-602, CI-603, CI-605, CI-701 and CI-702. Petrobras, through wholly owned subsidiary Petrobras Netherlands B.V. (PNBV), will operate the blocks with a 90% interest, while […]

Petrobras awards Strohm deepwater TCP contract offshore Brazil

Petrobras has awarded Strohm B.V. and its Brazilian subsidiary a contract to supply thermoplastic composite pipe (TCP) for water injection and gas lift applications in Brazil’s deepwater post-salt province.   The TCP will be deployed in water depths of up to 1,500 meters. The contract also covers qualification testing, project engineering, field services and support […]

Petrobras enters negotiations for four offshore blocks in Ghana’s Keta Basin

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’ […]

Petrobras, Pemex target deep pre-salt oil resources offshore Mexico

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 […]