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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

01 May 26
Brazil: Petrobras expands its presence in the Campos Basin with the acquisition of part of the Argonauta ring-fence
Petrobras has entered into an agreement to acquire 100% of a portion of the ring-fence of the Argonauta Field (BC-10 Concession) in the Campos Basin, currently held by Shell, ONGC and Brava (Enauta Petróleo e Gás Ltda.).The acquired portion corresponds to the area of the Argonauta Field that holds 0.86% of the shared pre-salt Jubarte reservoir, related to the Unitization Agreement
29 Apr 26
Brazil: Petro Victory Energy announces successful SJ 12 well results
Petro Victory Energy has announced the results of 7-SJ-12DA-MA well ('SJ-12') in the São João ('SJ') field, Barreirinhas Basin, Brazil. A well testing campaign is planned to further evaluate the SJ-12 well, with results to be announced separately.
24 Apr 26
Brazil: Ecopetrol enters into an Agreement to acquire an equity stake in Brava Energia, a company domiciled in Brazil
Ecopetrol has entered into a Share Purchase Agreement with a group of significant shareholders holding approx. 26% of the outstanding common shares of the Brazilian company Brava Energia, for the acquisition by Ecopetrol or one of its affiliates or subsidiaries within the Ecopetrol Group, of 120,813,490 shares of Brava, representing approx. 26% of Brava’s share capital.
15 Apr 26
Brazil: Petrobras will invest US$450 million in the world's largest seismic monitoring project
Petrobras and its partners in the Libra Consortium will invest approximately US$450 million in the world's most extensive seismic monitoring project. In simple terms, the technology uses an ultrasound of the seabed, revealing its geological structures and the movement of fluids such as oil, gas, and water.
15 Apr 26
Brazil: Petrobras approves new investments in SEAP and moves forward with the contracting of two platforms for the Sergipe-Alagoas Basin
Petrobras has approved the final investment decision (FID) for the SEAP I project in the Sergipe-Alagoas Basin, consolidating the development of Sergipe Deepwater (SEAP), a new oil and gas production frontier in the country. The FID for the SEAP II module had already been approved in December 2025.

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