Brazil
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.
News
March 25, 2026
Foresea has secured a $465 million contract from Petrobras to operate the ultra-deepwater drillship ODN I offshore Brazil, supporting development activity in the Mero field.
Article
March
From record-shattering pre-salt output and a landmark OPEC+ debut, to a $109 billion investment mandate and the contradictions of hosting COP30, Brazil’s hydrocarbons sector has entered one its most consequential chapters. This report examines the defining decisions of the past 12 months, and charts the terrain for the year ahead.
News
March 20, 2026
Brazil President Luiz Inácio Lula da Silva said Petrobras and Pemex could partner on deepwater oil exploration in the Gulf of Mexico, as Mexico seeks to revive production and Petrobras looks to expand internationally.
News
March 18, 2026
Baker Hughes has secured a long-term services agreement with Petrobras to support up to 64 aeroderivative gas turbines across Brazil’s offshore FPSO fleet and a major refinery, strengthening reliability and local supply chain capabilities.
News
March 17, 2026
Petrobras plans to acquire Petronas’ 50% stake in the Tartaruga Verde and Espadarte Module III fields in Brazil’s Campos basin for $450 million, consolidating full ownership and strengthening its offshore production portfolio.
News
March 12, 2026
Gas injection has begun on the Petrobras P-78 FPSO at the Búzios field offshore Brazil, marking another milestone for one of the largest deepwater developments in the Santos basin.
News
March 11, 2026
TotalEnergies has started production from the Lapa South-West project in Brazil’s Santos basin, adding 25,000 bpd through new wells tied back to the existing Lapa FPSO as the company expands its offshore portfolio.
News
March 06, 2026
Petrobras reported net income of $19.6 billion in 2025 as oil and gas production increased 11% to nearly 3 MMboed, supported by new FPSOs in Brazil’s Búzios and Mero fields.
News
March 02, 2026
OceanPact and CBO will combine to form a 73-vessel offshore support fleet in Brazil, strengthening oilfield services, subsea and decommissioning capabilities.
News
March 02, 2026
Petro-Victory has started drilling the SJ-12 well at the São João field in Brazil’s Barreirinhas basin, targeting 50.1 Bcf of non-associated gas resources.
Article
February
With FPSO deployment rising in nations like Brazil, there is even greater emphasis on the must-run nature of key equipment on board. For the gas turbines that help provide electrical power, as well as mechanical drive for key equipment far from shore, the critical denominator of performance and reliability is effective combustion air intake filtration.
News
February 18, 2026
Brava Energia has been authorized to proceed with the transfer of a 37.5% stake in Brazil’s offshore Papa-Terra field, subject to arbitration conditions and regulatory approvals including Brazil’s ANP.
