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HomeBrazil

Brazil

Petrobras
Big Oil Companies

What is the Energy mix in Brazil and Petrobras awards offshore work worth over $500m to Mota-Engil

May 29, 2025 Stu Turley

ENB Pub Note: The update on offshore work is provided below, along with the energy mix and oil production for Brazil.  Oil Production in Brazil In 2024, Brazil produced an average of 3.358 million barrels […]

Electrical Generation / Utilities

Trump Revives NY Wind Project

May 21, 2025 Andy Del Prado

Daily Standup Top Stories Saudi Arabia poised to increase summer crude burn for power May 20, 2025 Clark Savage There are several ways to look at Saudi Arabia’s use of crude oil to burn for electrical […]

Big Oil Companies

Petrobras pens EPCI deal with Subsea 7 worth nearly $1.5bn

May 20, 2025 Stu Turley

ENB Pub Note: I have added an updated list of the Petrobras drilling and production expectations for 2025. Petrobras, Brazil’s state-run oil company, has outlined ambitious drilling and production expectations for 2025 as part of […]

ENB Pub Note

Subsea 7 wins big in Brazil with deal worth north of $1.25bn

May 5, 2025 Mariel Alumit

ENB Pub Note: This is an excellent announcement for Brazil and Petrobras.  Estimated Reserves: The Búzios field is estimated to contain approximately 13 billion barrels of oil equivalent (boe) in recoverable reserves, making it one […]

Equinor
Big Oil Companies

Equinor sells majority stake in Brazilian oil field for $3.5bn

May 2, 2025 Mariel Alumit

Norwegian energy major Equinor has sold its stake in the Peregrino field to Brazilian company Prio Tigris, a subsidiary of PRIO, for $3.5bn Equinor sold its 60% operated interest in the field to PRIO, Brazil’s […]

Solstad
Press

Solstad scores hat-trick of deals in Brazil

April 30, 2025 Stu Turley

Norwegian offshore vessel owner Solstad Offshore has won work for three of its vessels offshore Brazil. The contracts, subject to board approval, are for two yet unnamed anchor handling tug supply (AHTS) vessels and the […]

Big Oil Companies

Petrobras looking to charter up to 18 platform suppliers

April 30, 2025 Stu Turley

ENB Pub Note: We need to examine the amount of oil Brazil produces and exports. The following article from Americas Offshore points out that Petrobras has a large-scale tender to charter up to 18 platform […]

No Picture
Finance

Latin America Jumps up the Priority List

April 26, 2025 Stu Turley

Ten thinkers on the start of the U.S. president’s second term. By Catherine Osborn, the writer of Foreign Policy’s weekly Latin America Brief. This article is part of a collection on the second-term president’s approach […]

petroleum
Crude Oil News

Distillate and jet fuel contribute to record U.S. petroleum product exports in 2024

April 24, 2025 Stu Turley

Data source: U.S. Energy Information Administration, Petroleum Supply Monthly Note: HGLs=hydrocarbon gas liquids In 2024, U.S. exports of total petroleum products increased to a record 6.6 million barrels per day (b/d) annual average. Annual U.S. petroleum product exports […]

Vallourec
Exploration and Production

Vallourec wins pipe deal for Brazilian project from Allseas

April 22, 2025 Mariel Alumit

Swiss-based marine construction specialist Allseas has picked French tubing manufacturer Vallourec to supply line pipes for Petrobras’ Búzios 10 offshore project. This contract represents nearly 18,000 tonnes of subsea seamless premium carbon steel line pipes […]

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