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A service for energy industry professionals · Wednesday, May 7, 2025 · 810,380,407 Articles · 3+ Million Readers
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Petrobras News Monitoring

  • Published on 11:11 GMT

    Victrex's Magma programme progresses with Petrobras contract

    The FTSE 250 high-performance polymer specialist said the order was expected to support the path towards a multi-year commercial opportunity for its technologies in offshore energy applications. It said the contract would accelerate the development of …

    Source: ShareCast - Neutral
  • Published on 06:06 GMT

    Petrobras Seeks Foreign Partnerships with Brazilian Shipyards

    May 6, 2025 Source: Petrobras Brazil's Petrobras is looking to attract foreign investments to boost local shipyards, said the state-run oil firm's CEO Magda Chambriard on Tuesday. Petrobras is looking for strong companies to partner with shipyards …

    Source: Offshore Engineer News - Neutral
  • Published on May 6, 2025

    Petrobras doubles processing capacity of Boaventura UPGN

    Petrobras has started commercial operations at the second module of the Boaventura Energy Complex’s Natural Gas Processing Unit (UPGN) in Itaboraí, Rio de Janeiro, Brazil. With this addition, the UPGN’s total processing capacity has now reached 21m³ per …

    Source: Offshore Technology - Neutral
  • Published on May 6, 2025

    Solstad’s AHTS Vessel Set for Petrobras Job

    May 6, 2025 Normand Turquesa AHTS (Credit: Solstad Offshore) Norwegian offshore vessel owner Solstad Offshore has secured a contract with Petrobras for its anchor handling tug supply (AHTS) vessel Normand Turquesa. The four-year contract, subject to board …

    Source: Offshore Engineer News - Neutral
  • Published on May 6, 2025

    Petrobras begins operation of UPGN in Rio de Janeiro

    Petrobras has announced that the second module of the natural gas processing unit (UPGN) of the Boaventura Energy Complex, located in Itaboraí in Rio de Janeiro, went into commercial operation. Added to the first module, inaugurated in 2024, the unit's …

    Source: Hydrocarbon Engineering - Neutral
  • Published on May 6, 2025

    Petrobras fires up second module at Santos Basin gas processing complex

    The second module of the natural gas processing unit (UPGN) in metropolitan Rio de Janeiro, operated by Brazil’s state-owned energy giant Petrobras, has started commercial operation. Boaventura Energy Complex; Credit: Bruno Castro / Petrobras News …

    Source: Offshore Energy - Neutral
  • Published on May 5, 2025

    Brazil’s Petrobras lowers diesel prices for third time this year

    SAO PAULO: Brazilian state-run oil company Petrobras will reduce the price of diesel sold to distributors by an average 0.16 real ($0.0283) per liter starting Tuesday, it said in a statement on Monday. The move marks the third consecutive reduction in …

    Source: Business Recorder - Neutral
  • Published on May 5, 2025

    Petrobras Hires Subsea7 for Buzios Field Offshore Work in $1.2B Deal

    May 5, 2025 (Credit: Subsea7) Subsea7 has secured a super-major contract by Petrobras, after winning a competitive tender, for the development of the Búzios 11 deepwater field, offshore Brazil. The field is located approximately 180 kilometers off the …

    Source: Offshore Engineer News - Neutral
  • Published on May 4, 2025

    Petrobras: This Is Why Dividends Will Be Smaller And Smaller

    Summary I recommend holding Petrobras shares due to strategic changes, declining oil prices, and new explorations, which will reduce dividend payments. Petrobras' shift from core oil extraction to diversified investments under new management is …

    Source: Seeking Alpha - Pending
  • Published on May 4, 2025

    Another $1.25B win for Subsea7 at Petrobras’ deepwater field

    Subsea7 has secured a contract worth over $1.25 billion with Brazilian oil & gas giant Petrobras for a field located at 2,000 meters of water depth off the coast of Rio de Janeiro. Source: Subsea7 Under the contract defined as “super-major”, Subsea7’s …

    Source: Offshore Energy - Neutral
  • Published on May 6, 2025

    Subsea7 Secures Buzios Field Job

    Subsea7 has secured a “super-major” contract for the development of the Búzios 11 field located approximately 180 kilometers (112 miles) off the coast of the state of Rio de Janeiro, Brazil. Subsea7 regards contracts above $1.25 billion as super major. The …

    Source: Rigzone - Neutral
  • Published on 11:47 GMT

    South American offshore wind sector grappling with regulatory bottlenecks explains new EIC Report

    Brazil alone has 225.8 gigawatts (GW) of proposed projects, the largest pipeline outside Europe and Asia, but not a single turbine operates in its waters, according to the EIC’s South America Offshore Wind Report. Colombia, in the meantime, is betting on …

    Source: Renewable Energy Magazine - Neutral
  • Published on 16:21 GMT

    SBM Offshore’s NearZero FPSO design gets ABS’ blessing

    Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has received a stamp of approval for its NearZero floating production storage and offloading (FPSO) design from the …

    Source: Offshore Energy - Neutral
  • Published on 07:21 GMT

    Brazil’s B3 Closes Flat as Global Trade Tensions and Earnings Shape Market Mood

    Brazil’s B3, according to official data from the exchange, ended Tuesday, May 6, 2025, nearly unchanged at 133,516 points. The session reflected a cautious mood as investors weighed mixed earnings, global trade disruptions, and expectations for domestic …

    Source: The Rio Times - Neutral
  • Published on 07:10 GMT

    Solstad Offshore nets four-year anchor handler deal

    AmericasEuropeOffshore Solstad Offshore Norwegian vessel owner Solstad Offshore has won a new contract for one of its anchor handling tug supply vessels (AHTS). The 2007-built anchor handler Normand Turquesa was awarded a new four-year deal by Brazilian …

    Source: Splash 247 - Neutral
  • Published on May 6, 2025

    Foreign Investors Return to Brazil’s Stock Market Amid Global Trade Turmoil

    Brazil’s stock market is attracting foreign capital again after a year of historic outflows, according to data from B3, the country’s main exchange. In the first four months of 2025, foreign investors injected over R$10.8 billion ($1.8 billion) into …

    Source: The Rio Times - Neutral
  • Published on May 6, 2025

    Multiple Houston-area oil and gas facilities that have violated pollution laws are seeking permit renewals

    HOUSTON — Multiple Houston-area oil and gas facilities that have previously violated the pollution limits in their permits have recently applied for new federal operating permits or renewals. These facilities include the Chevron Pasadena Refining facility, …

    Source: Environmental Health News - Left-wing
  • Published on May 6, 2025

    Offshore Output Hits Record 50 Million B/D, But Headwinds Loom, Speakers Warn at OTC 2025

    Global offshore oil production has reached a record 50 million B/D—nearly half the world’s total output of 102 million B/D in 2025—with volumes projected to climb to 55 million B/D by 2031, according to Rystad Energy CEO Jarand Rystad. Speaking …

    Source: Journal of Petroleum Technology - Neutral
  • Published on May 6, 2025

    Brazil Hits 3.7 Million Boe/D Pre-Salt Production Record

    The National Petroleum Agency (ANP) reported that Brazil produced 3.716 million barrels per day of oil equivalent from its pre-salt layer in March 2025. Production rose 5.2 percent from February and jumped 10.9 percent year on year. Operators tapped 157 …

    Source: The Rio Times - Neutral

05 days 10:32:26

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