Browsing Tag
Petrobras
79 posts
Cheniere adds Petrobras to long-term LNG book as Brazil secures 22 years of supply
Petrobras has agreed to buy 0.8 mtpa of LNG from Cheniere Marketing for 22 years, extending its shift toward long-term US supply after signing another 0.8 mtpa deal with Sempra.
Petrobras finds another oil interval at Morpho in ultra-deepwater Amapá
Petrobras has identified another oil-bearing interval in the Morpho well off Amapá, strengthening the geological case for the Foz do Amazonas Basin while leaving resource size and commerciality unresolved.
Petrobras joins Brazil diesel subsidy as fuel support reaches R$9.9bn
Petrobras has approved participation in a new Brazilian diesel support programme worth R$1 per litre for 30 days, with a possible 30-day extension. The structure leaves distributor prices unchanged while compensating the state-controlled producer, easing an election-year fuel shock but renewing investor focus on subsidy durability, cash flow and political influence over pricing.
Paratus Energy paid $71.6m of H1 dividends. Seagems distributed almost exactly $71.5m
Paratus Energy Services Ltd. paid $71.6 million of cash dividends during H1 2026 while receiving $71.5 million of distributions from Seagems. The near-perfect match shows how central the Brazilian subsea joint venture has become to PLSV’s shareholder-return model.
Paratus Energy Q2 EBITDA hits $42m as $1.1bn subsea backlog supports dividends
Paratus Energy reported $42 million of Q2 adjusted EBITDA as vessel utilisation fell to 93%, but a $1.1 billion Seagems backlog and the completed Fontis sale are reshaping the company around subsea services and capital returns.
Petrobras (NYSE: PBR) targets four Ghana blocks as African exploration push widens
Petrobras has entered direct negotiations for four offshore exploration blocks in Ghana’s Keta Basin, extending an African frontier strategy designed to replenish oil and gas reserves beyond Brazil.
Petrobras strikes hydrocarbons in Morpho well, opening Brazil’s Equatorial Margin frontier
Petrobras confirms hydrocarbons at Morpho well in Block FZA-M-59, opening Brazil's Equatorial Margin, but commercial first oil remains a decade away.
Offshore oil and gas is quietly replacing vessel days with subsea robots
Resident subsea robots, autonomous inspection vehicles and remotely operated uncrewed vessels are beginning to perform offshore oil and gas work once tied to large support vessels and offshore crews. Commercial operations involving Equinor, Saipem, Reach Subsea and Oceaneering International show how robotics could reduce vessel days, personnel exposure and inspection costs, although intervention capability, subsea infrastructure, communications and regulatory acceptance still determine how far vessel-free operations can go.
Petrobras FPSO awards lift SBM Offshore backlog and annual guidance
SBM Offshore raised 2026 guidance as Petrobras FPSO awards lifted backlog to $35.6 billion, alongside lower debt and higher cash returns
GTT orderbook reaches €1.9bn as global LNG carrier demand accelerates
GTT secured 65 orders and built a €1.9 billion LNG backlog while preserving a 68% EBITDA margin. Explore what drives its growth.