
KNOT Takes 2024-Built Shuttle Tanker From Parent in 113 Million Deal
KNOT Offshore Partners is acquiring the 2024-built shuttle tanker Hedda Knutsen from its sponsor in a $113m deal, taking the fleet to 20 vessels.

Petrobras Amazon Basin Find Opens Brazil's Last Offshore Frontier
Petrobras has logged hydrocarbons in the Foz do Amazonas Basin, opening Brazil's Equatorial Margin frontier while raising questions over spill response in strong currents.

Solstad Wins $62m Petrobras Contract for CSV Normand Valiant
Solstad has secured a two-year contract with Petrobras worth about $62m for the construction support vessel Normand Valiant, starting in the fourth quarter of 2026.

Petrobras Opens Negotiations on Four Offshore Blocks in Ghana's Keta Basin
Petrobras has submitted an expression of interest for four offshore blocks in Ghana's Keta Basin, part of a plan to make Africa its main exploration region outside Brazil.

Petrobras Field Passes Four Billion Barrels As Pre-Salt Turns Twenty
Petrobras has recorded a milestone at its Tupi field in the Santos Basin, which has passed four billion barrels of oil equivalent in cumulative production, the first asset in the company's 73-year history to reach that figure.

Petrobras Confirms Deepwater Gas Discovery Off Colombia's Caribbean Coast
Petrobras has confirmed a deepwater gas discovery at the Sandia-1 well offshore Colombia, the third success within a few kilometres in the same Caribbean block.

Petrobras squeezes extra 134,000 barrels a day from existing platforms
Petrobras has extracted an additional 134,000 barrels per day of production from its existing floating production units, equivalent to roughly five percent of the company's oil output, without building new facilities.

Petrobras rises up the tanker rankings as Unipec's grip loosens
Brazil's Petrobras has emerged as one of the biggest gainers in the crude tanker market this year, climbing the charterer rankings as Unipec's dominance eased.

Petrobras strikes deal with regulator to bring 335 offshore wells into line
Petrobras has agreed with Brazil's oil regulator to adapt 335 abandoned offshore wells to safety and environmental rules, paying R$300m and taking until 2030 to comply.
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