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Petrobras News

Petrobras Reports 48.6$ Profit Rise for First Quarter 2025

May 13, 2025

Brazil's Petrobras on Monday posted a net profit of 35.2 billion reais ($6.21 billion) for the first quarter, up 48.6% from a year earlier, boosted by non-recurring events, while also announcing about $2.1billion in dividends.Without one-off events鈥

Prosafe Takes $204M Petrobras Tender Win

May 12, 2025

云顶赌场老虎机 accommodation firm Prosafe has been declared the winner of a bidding process for a four-year contract by Petrobras, for the provision of the Safe Notos semi-submersible vessel for safety and maintenance support offshore Brazil.Contract鈥

Spat Delays Dismantling of FPSO in Brazil

Apr 15, 2025

A dispute between state-run oil company Petrobras and steelmaker Gerdau will delay the first dismantling of an oil production vessel in Brazil by at least a year, people familiar with the matter said, in a setback for local shipyards.The operation鈥

Petrobras to Tender for New FPSO at Buzios

Apr 08, 2025

Brazilian oil company Petrobras is set to hold a tender for a new production vessel for the country's pre-salt Buzios field in 'the next few months,' the state-run firm told Reuters on Tuesday.Reuters reported earlier in the day, citing sources familiar with the matter鈥

Petrobras Completes Veterinary Center Required for 云顶赌场老虎机 License

Apr 06, 2025

Petrobras has completed work on a veterinary center in the Amazon region that is required for it to obtain an environmental permit for an offshore drilling project, the company said on Saturday.The animal care center in the town of Oiapoque鈥

Baker Hughes to Deliver Completions Systems for Petrobras鈥 云顶赌场老虎机 Field

Mar 20, 2025

Energy technology company Baker Hughes has signed a multi-year agreement with Petrobras to deliver fully integrated completions systems for its offshore deepwater fields.The award followed an open tender and will leverage Baker Hughes鈥 innovative鈥

Petrobras Finds Hydrocarbons in Aram Block Off Brazil

Mar 18, 2025

Brazilian state-run oil and gas company Petrobras has identified presence of hydrocarbons in the Santos Basin pre-salt, in an exploratory well of Aram block, offshore Brazil.The well, 4-BRSA-1395-SPS, is located 245 km from the city of Santos-SP鈥

Petrobras Cleared to Clear Corals Off Drilling Vessel

Mar 11, 2025

Petrobras obtained approval from the country's environmental agency to clear corals from the underside of the drilling vessel it plans to use in the Foz do Amazonas region, Reuters reports. Its February 10 request was granted on Monday for the鈥

Petrobras Sees 10.5% Decline in Q4 Oil and Gas Production

Feb 04, 2025

Brazilian state-run oil giant Petrobras reported on Monday a 10.5% decrease in its total fourth-quarter oil and gas production from a year earlier, while also experiencing lower sales and exports.Petrobras, Latin America's largest oil producer鈥

Petrobras to Assess Reuse of Demobilized Oil and Gas Platforms

Feb 18, 2025

Brazilian state-run oil firm Petrobras has signed two Protocols of Intent to carry out studies on the reuse of oil and gas production platforms that are in the demobilization stage.The first Protocols of Intent agreement was signed by Petrobras鈥

Petrobras Increases Oil and Gas Reserves to 11.4 billion Barrels

Jan 30, 2025

Brazilian state-run oil and gas major Petrobras has informed that its proven reserves of oil, condensate and natural gas rose to 11.4 billion barrels of oil equivalent (boe) in 2024, compared to 10.9 billion boe reported in 2023.Oil and condensate鈥

Petrobras Steps Closer to Developing Hydrogen Plant Powered by Renewables

Dec 20, 2024

Petrobras has signed a protocol of intent Companhia Siderúrgica Nacional (CSN) and CSN Inova Soluções, marking a first step towards structuring a business partnership aimed at setting up a low-carbon hydrogen plant on a commercial scale in Brazilian state of Paraná鈥

Petrobras Cancels Sale of Two Santos Basin Fields to Brava Energia鈥檚 Enauta

Dec 23, 2024

Brazilian state-run oil and gas company Petrobras has terminated the contract with Brava Energia鈥檚 Enauta for the sale of its entire stake in the Uruguá and Tamba fields.Under the contract, signed by the companies in July 2024, Petrobras was to received $35 million for the stake sale鈥

Petrobras Launches FPSO Bid for Sergipe

Dec 01, 2024

Petrobras has initiated a new contracting process for the construction of up to two FPSO-type oil production units for the Sergipe Deep Waters (SEAP) project in the Sergipe-Alagoas Basin.The contracting method will be Build, Operate and Transfer (BOT)鈥

More Studies Needed for Petrobras鈥 Amazon Drilling Plans, Brazil Prosecutors Say

Dec 04, 2024

Brazilian prosecutors asked state-run oil firm Petrobras to do more studies before drilling off the coast of the Amazon rainforest, citing potential effects of extreme weather on tides, according to documents filed on Monday to environmental agency Ibama鈥

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