Brazil
News
May 20, 2026
BW Energy has approved the Bourdon offshore development in Gabon and new Golfinho infill wells offshore Brazil, targeting production growth above 100,000 bopd by 2028.
News
May 19, 2026
Tecnofink and CorrosionRADAR have partnered to introduce corrosion under insulation monitoring technology to Brazil, targeting improved asset integrity and maintenance planning across industrial and energy infrastructure.
News
May 14, 2026
ABL has been appointed marine warranty surveyor for Subsea7’s transportation and installation campaign supporting the Mero 3 and Mero 4 offshore Brazil developments in the Santos basin.
News
May 11, 2026
Shell has selected New Wave Offshore Energy to provide marine warranty survey services for the Orca project in Brazil’s pre-salt Santos basin, supporting transportation, installation and offshore risk management activities for the deepwater development.
News
May 11, 2026
DOF Group ASA has secured nearly $2 billion in long-term Petrobras contracts for four new ROV support vessels supporting subsea inspection, maintenance and repair operations in Brazil’s deepwater offshore market.
News
May 05, 2026
SES will provide satellite connectivity for seven new FPSO units operated by Petrobras, supporting offshore developments in Brazil scheduled to come online between 2026 and 2030.
News
April 29, 2026
Petrobras has acquired a stake in the Argonauta area of the Campos basin, increasing its ownership in the Jubarte pre-salt field and strengthening its offshore portfolio.
News
April 28, 2026
Petro Victory’s SJ-12 well in Brazil’s Barreirinhas basin has confirmed stacked gas reservoirs with 72 meters of net pay, supporting further development of the São João field.
News
April 23, 2026
Ecopetrol has agreed to acquire a stake in Brazil’s Brava Energia and plans a tender offer to secure a controlling interest, expanding its upstream portfolio and production base.
News
April 16, 2026
Petrobras shareholders vote on a new board this week as surging oil prices intensify pressure on Brazil’s fuel pricing policy. The outcome could shape how the state-controlled company balances political priorities with market realities.
News
April 14, 2026
Transocean has secured a $445 million contract extension with Petrobras for the Deepwater Corcovado drillship, extending operations offshore Brazil through 2030.
News
April 14, 2026
Petrobras has approved FID for its SEAP I project offshore Brazil, advancing a major FPSO-led development that could unlock over 1 billion boe and expand gas supply from a new frontier basin.
News
April 13, 2026
Petrobras has confirmed a hydrocarbon discovery in a pre-salt exploration well in Brazil’s Campos basin, with further analysis underway to evaluate reservoir and fluid characteristics.
News
April 09, 2026
Subsea7 has secured a SURF contract worth at least $1.25 billion for Petrobras' Sépia 2 pre-salt development in Brazil’s Santos basin, covering engineering, procurement, installation and pre-commissioning for 17 wells.
News
December 15, 2025
TGP Brazil is marking 20 years of delivering project logistics services across South America, supporting oil and gas, mining and infrastructure developments.
News
April 06, 2026
Valaris extends its DS-4 drillship contract with Petrobras offshore Brazil, adding $447 million in backlog and securing deepwater work into 2030.
News
April 02, 2026
Transocean adds $1 billion in backlog through Brazil deepwater drillship extensions and a Norway semisubmersible contract, while accelerating debt reduction.
News
April 02, 2026
Constellation extends key offshore drilling contracts with Petrobras, adding $1.1 billion in backlog and securing long-term utilization for deepwater rigs in Brazil.
News
April 01, 2026
New Fortress Energy signs a long-term lease for its TGS LNG import terminal in Brazil, positioning the asset for steady cash flow and future gas-to-power growth.
News
March 27, 2026
Equinor has launched drilling operations for the Raia project in Brazil’s Campos basin, a major pre-salt gas development expected to supply up to 16 MMcm/d and support the country’s energy demand by 2028.
News
March 26, 2026
Petrobras has confirmed a new pre-salt oil discovery in the Campos basin offshore Brazil, identifying high-quality hydrocarbons at the Marlim Sul field as part of efforts to rebuild reserves in mature areas.
