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Country summary: Brazil

energy-pedia opportunities - Brazil:
Current deals: 11
Licensing articles: 189
Completed deals: 192

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Brazil - recent news

30 Apr 25
Brazil: Solstad Offshore announces multiple contract awards with Petrobras
Solstad Offshore has announced multiple contract awards with Petrobras, subject to board approval, for two large Anchor Handling Tug Supply (AHTS) vessels and one Construction Support Vessel (CSV).
29 Apr 25
Brazil: Petrobras production grows 5.4% and reaches 2.8 million barrels in the 1st quarter of 2025
In 1Q25), Petrobras had a 5.4% increase in average production of oil, NGL and natural gas, which reached 2.77 MMboed, mainly due to the lower volume of losses due to maintenance shutdowns; improved operational efficiency in the Santos Basin; the entry into production of the FPSO Almirante Tamandaré, in the Búzios field; and the ramp-up of the FPSO Marechal Duque de Caxias, in the Mero field, factors partially offset by the natural decline in production.
29 Apr 25
Brazil: Petro-Victory Energy and BlueOak Investments complete acquisition of Capixaba Energia, strengthening Brazil onshore position
Petro-Victory Energy Corp, an oil and gas exploration and production company focused on onshore Brazil, has announced the successful closing of its previously announced acquisition of Capixaba Energia, a producing oil and gas asset, generating substantial free cash flow, in the Espírito Santo Basin.
16 Apr 25
Brazil: Karoon Energy reports Neon field to proceed into Define phase, on staged commitment basis
Neon to proceed into Define phase, on staged commitment basis. Karoon expects to open a data room during the third quarter of 2025 and commence a farm down of Neon, which Karoon currently owns 100%.
15 Apr 25
Brazil: Petrobras invests in the sustainable disposal of 26 offshore production units in Sergipe
The PA-38 jack-up platform, contracted by Petrobras, has arrived in the Sergipe Basin, for well decommissioning activities in the Guaricema field, in shallow waters, approx. 9km from the coast. Petrobras is expected to decommission 26 production units in Sergipe, bringing opportunities to the industry and the local supply chain.

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