Category
Petrobras
Tenders, contracts, charters and Petrobras' movements.
Reporting and curation by Westhon Media
Petrobras suspends contracts for two AHTS vessels
Is Petrobras pioneering a new way to manage an aging offshore fleet? Petrobras’ decision to suspend, rather than terminate or replace, the charter contracts of the AHTS Geonísio Barroso and Yvan Barretto may prove to be more than an isolated contractual arrangement. It could mark the beginning of a new approach to managing Brazil’s increasingly […]
Petrobras announces new gas discovery offshore Colombia
Petrobras has announced a natural gas discovery at the Sandia-1 exploration well in deep waters offshore Colombia, reinforcing the exploration potential of Block GUA-OFF-0.
Opinion: Petrobras cancelled the AHTS tender. It did not cancel the need
By Alexandre Vilela After 12 extensions, changing specifications and a difficult financing equation, revocation may have been the responsible decision. The mistake would be to disregard everything the process taught. Petrobras has revoked its long-running tender for the charter of Brazilian-built AHTSs, according to information obtained by One Energy. In an electoral year, cancelling a […]
CMM Velocity begins operations under four-year Petrobras charter
CMM Offshore has announced the start of operations of the FOSRV CMM Velocity under a four-year Petrobras charter, marking the vessel’s return to service following the agreement announced earlier this year. The CMM Velocity is a Fast Oil Spi
Vast: new take-or-pay agreement
Another take-or-pay agreement puts Brazil’s offshore logistics in the spotlight On July 7, WSB Advisors analyzed the first take-or-pay agreement between Vast Infraestrutura and Petrobras, highlighting the role of long-term contractual struc
Oceaneering secures Petrobras contract
A new Petrobras contract highlights the continued importance of subsea services in Brazil’s offshore sector. This week, Oceaneering announced that it has been awarded a four-year contract by Petrobras to provide ROV services offshore Brazil
Vast and Petrobras: new agreement
One clause says a lot about where Brazil’s offshore logistics are heading. This week, Vast Infraestrutura and Petrobras announced a new long-term agreement for crude oil transshipment operations at the T-Oil terminal, located at the Port of
FPSO Cidade de Niterói reaches the final chapter
After nearly 17 years producing offshore Brazil, the FPSO Cidade de Niterói MV18 has entered the final stage of its operational lifecycle. MODEC has confirmed that the vessel has arrived at a ship recycling facility in Denmark following the
Búzios field sets new production record of 1.2 million barrels per day
Petrobras announced that the Búzios field, located in the pre-salt Santos Basin, set a new production record by reaching an average of 1.2 million barrels of oil per day on June 26, just three days after surpassing the historic milestone of
Búzios field reaches record production of 1.1 million barrels per day
Brazil’s Búzios pre-salt field reached a record average production of 1.1 million barrels of oil per day, surpassing the previous milestone of 1 million bpd achieved in October 2025. Operated by Petrobras in the Santos Basin, Búzios is Braz
Petrobras and Pemex: MoU details
Following the recent signing of their Memorandum of Understanding (MoU), Petrobras and Pemex have outlined the first areas of cooperation to be evaluated under the agreement, providing greater visibility into the strategic direction of the
Libra consortium launches offshore Power Grid study for Mero
The Libra Consortium, led by Petrobras, has signed a contract with the Electric Energy Research Center (CEPEL) to develop the Power Grid project, an initiative that will assess the feasibility of electrically interconnecting up to five FPSO
Petrobras and Pemex prepare techinal cooperation protocol
Petrobras is preparing to formalize a cooperation protocol with Pemex, creating a structured channel for technical dialogue between two of Latin America’s largest state-owned energy companies. The agreement is expected to cover areas such a
Petrobras advances offshore decommissioning with new R$443.7 million contract
Petrobras has awarded another significant contract as part of its offshore decommissioning strategy, reinforcing the growing pace of activity in one of the Brazilian offshore industry’s fastest-expanding segments. OceanPact secured the R$44
Petrobras and Equinor expand partnership in the Campos Basin
Petrobras has signed an agreement to acquire a 50% stake in the Itaimbezinho block, offshore in the Campos Basin, from Equinor. With the deal, the consortium will have Equinor as operator with 50%, Petrobras with 50%, and PPSA as manager of
Magda Chambriard assumes chairmanship of Braskem’s Board of Directors
After her nomination was announced during the first quarter of 2026, Petrobras President Magda Chambriard has officially assumed the position of Chair of Braskem’s Board of Directors. The appointment reinforces Petrobras’ participation in t
Petrobras advances tenders and contracting activities for Sergipe
Petrobras continues to advance the contracting phase of the Sergipe Deepwater Project (SEAP) following the approval of investments for both SEAP I and SEAP II. Among the main recent developments are the progress of the competitive process f
Petrobras begins gradual reoccupation of Edise
Petrobras has initiated the gradual reoccupation of the Edise building in downtown Rio de Janeiro. The move marks a new phase in the utilization of the company’s main corporate office and will be officially celebrated during an event attend
Petrobras raises execution requirements in new AHTS bid
A recent amendment to Petrobras’ AHTS newbuild tender (Opportunity 7004345558) introduced provisions that may have broader implications for future offshore vessel construction projects in Brazil. Under the revised rules, bidders must now su
Petrobras unveils R$75 Bi investment plan
Brazil’s offshore and marine sectors continue to receive strong long-term investment signals from Petrobras. In two major announcements this week, the company confirmed more than R$ 75 billion in combined investments across Sergipe and Amaz