Petrobras

Petrobras is a publicly traded corporation operating in the oil, natural gas and energy industry.

More Info on Petrobras

Petrobras has expertise in exploration and production, with decades of development in the Brazilian basins, particularly in deep and ultradeep waters. 

Articles

ID 26487259 © Corepics Vof | Dreamstime.com
offshore rig worker
This year's recipient of the OTC Distinguished Achievement Award for Individuals is Jose Formigli, who played a crucial role in deepwater field development during his 30 years...
May 2, 2025
Courtesy Petrobras
Petrobras has confirmed a gas discovery offshore Colombia.
Petrobras’ Uchuva-2 appraisal well offshore Colombia has confirmed the extent of the 2022 gas discovery Uchuva-1 well on the Tayrona Block.
Aug. 6, 2024
Courtesy Petrobras Production & Sales Report 2Q24
FPSO Maria Quitéria
Petrobras' production during the second quarter averaged 2,699 MMboe/d, 2.4% up on the corresponding quarter in 2023.
July 30, 2024
Courtesy GA Drilling
GA Drilling's intelligent drilling platform PLASMABIT delivers ultra-deep geothermal energy. It is designed as an intelligent modular platform.
The collaboration aims to enable deep and complex offshore wells to be drilled from a light well intervention vessel rather than a semisub or drillship.
July 26, 2024
Courtesy Yinson
The FPSO unit is scheduled to begin operations in the last quarter of 2024 in the Campos Basin's presalt layer.
The FPSO Maria Quitéria should arrive at the Jubarte Field in the Campos Basin during the third quarter, operator Petrobras said in an update.
June 21, 2024
Photo 133726819 © Ian Dyball | Dreamstime.com
offshore_wind
Petrobas plans to use the project to test and qualify new technologies, in part to address challenges of future commercial-scale offshore wind developments.
June 20, 2024
Photo 24906005 © Vichaya Kiatyingangsulee | Dreamstime.com
ceo_promotion
Petrobras has appointed Magda Chambriard as a member of the board of directors and elected her as the company's new CEO.
May 28, 2024
Photo 315937834 © Prostockstudio | Dreamstime.com
organizational_structure
Executive Director of Corporate Affairs, Clarice Coppetti, has been appointed interim president of the company, until the election of a new CEO.
May 15, 2024
Courtesy MODEC
FPSO Anita Garibaldi MV33
Petrobras expects to produce a further 860 MMboe from its revitalization of the Marlim Field in the Campos Basin by 2048, when the term for the concession is due to expire.
May 9, 2024
Courtesy Yinson
FPSO Anna Nery
Petrobras has received the Distinguished Achievement Award at OTC for its innovations at the Marlim Field and others in the Campos Basin offshore Brazil.
May 7, 2024

News

Courtesy Solstad
Normand Commander CSV
Two Norwegian vessel operators have secured four-year support contracts from Petrobras for projects offshore Brazil.
Aug. 4, 2025
Courtesy Yinson
FPSO Maria Quitéria
Brazil’s ANP has approved the production individualization agreement for the Jubarte presalt shared reservoir in the offshore Campos Basin.
July 24, 2025
Courtesy Fugro
Petrobras awards long-term vessel contracts for Fugro, DOF
Petrobras FPSOs will also get real-time monitoring systems to ensure platform stability.
June 30, 2025
ID 170208389 | Map © Hyotographics | Dreamstime.com
map of Côte d'Ivoire.
Petrobras has secured approval from the government of Côte d’Ivoire for its declaration of interest in nine offshore exploration blocks.
June 9, 2025
ID 29104090 © Karen Foley | Dreamstime.com
Petrobras will look to Africa for exploration outside Brazil, CEO says
Petrobras CEO Magda Chambriard cited geological similarities and a need to boost reserves.
June 6, 2025
ID 376421970 © Vitalii Shkurko | Dreamstime.com
Petrobras announces plans to commission 48 new support vessels
The initiative is part of a $21-billion investment designed to strengthen Brazil’s maritime and offshore sectors.
June 3, 2025
Courtesy SBM Offshore
FPSO Alexandre de Gusmao
Petrobras says the FPSO Alexandre de Gusmão started production more than two months ahead of schedule.
May 27, 2025
ID 348128977 © Al Victor | Dreamstime.com
Interventions, subsea maintenance push up Petrobras’ operating costs
Increase was due to higher services payments related to asset integrity maintenance, including several well interventions.
May 16, 2025
Courtesy Petrobras
Petrobras reports new oil discovery in the Santos Basin
‘High-quality’ oil has been found in an exploratory well in the Aram block, Petrobras says.
May 9, 2025
ID 317370320 © Mr.siwabud Veerapaisarn | Dreamstime.com
Petrobras issues tender for 18 platform supply vessels
New tender is expected to result in more than $800 million in combined contracts.
May 3, 2025

Additional content from Petrobras

Courtesy SBM Offshore
FPSO Alexandre de Gusmão
Petrobras has started gas injection from the FPSO Almirante Tamandaré into the deepwater Búzios Field, 49 days after startup.
May 2, 2025
Courtesy André Motta de Souza / Petrobras News Agency
Petrobras reports results of exploratory well in Campos Basin presalt offshore
Petrobras has confirmed that an exploration well in the presalt Campos Basin offshore Brazil has encountered hydrocarbons.
March 25, 2025
Courtesy Petrobras
Petrobras reports results of exploratory well in Santos Basin
Drilling continues on well 4-BRSA-1395-SPS, 245 km from the city of Santos-SP in 1,759 m water depth.
March 19, 2025
Courtesy Petrobras
Petrobras announces drillstem test offshore Colombia
Petrobras says a drillstem test on the recent Sirius-2 well in the GUA-OFF-O Block offshore Colombia has delivered promising results.
March 11, 2025
Courtesy Petrobras / SBM Offshore
FPSO Alexandre de Gusmão
The fifth FPSO has arrived at the Petrobras-operated Mero field development in the presalt Santos Basin offshore Brazil.
March 7, 2025
Courtesy Acervo/Petrobras
Petrobras finds new oil zone, starts up further FPSO at Búzios offshore
The Almirante Tamandaré FPSO features a closed flare system to reduce emissions.
Feb. 17, 2025
Credit MISC; Courtesy Petrobras
FPSO Marechal Duque de Caxias
Petrobras notched a new record last year for both its own and operated production from presalt fields offshore Brazil
Jan. 28, 2025
ID 155632579 © Hyotographics | Dreamstime.com
offshore Brazil
The National Agency of Petroleum, Natural Gas and Biofuels (ANP) has decided to unitize the Berbigão and Sururu fields in the BM-S-11A concession in the presalt Santos Basin offshore...
Jan. 28, 2025
Courtesy André Motta de Souza / Petrobras News Agency
Petrobras begins the Binding Phase of the Tartaruga Field in the Sergipe-Alagoas Basin
Petrobras has initiated the binding phase of an offer of its 25% stake in the producing Tartaruga oil and gas field in the shallow-water Sergipe-Alagoas Basin.
Jan. 24, 2025
Courtesy MODEC
FPSO Cidade de Angra dos Reis
The extension amendments will enable platform upgrades that will boost production and reduce greenhouse-gas emissions.
Jan. 24, 2025
Courtesy Ecopetrol
Ecopetrol and Petrobras confirm the country's largest gas discovery with the Sirius-2 well
Ecopetrol and Petrobras International Braspetro - Colombia Branch (PIB-COL) have confirmed a major gas discovery offshore northern Colombia.
Dec. 5, 2024
ID 333228902 © Ranimiro Lotufo | Dreamstime.com
FPSO vessels
Petrobras has started the procurement process for two new FPSOs for its Sergipe Deep Waters Project (SEAP) in the Sergipe-Alagoas Basin offshore Brazil.
Dec. 3, 2024
Courtesy Petrobras
Petrobras' portfolio of new production systems
Petrobras plans total investments of $77.3 billion in E&P over the 2024-29 period, 5% higher than in its previous forward plan.
Nov. 25, 2024
Courtesy Bruno Castro / Petrobras News Agency
The Boaventura Energy Complex in Itaboraí, Rio de Janeiro, is where the NGPU is situated.
Petrobras says operations have started with the first module of the Natural Gas Processing Unit at the Boaventura Energy Complex in Itaboraí, Rio de Janeiro state.
Nov. 12, 2024
Courtesy MISC Group
FPSO Marechal Duque de Caxias
Production has started through the FPSO Marechal Duque de Caxias, the third permanent platform on the Mero field in the presalt Santos Basin offshore Brazil.
Nov. 1, 2024
Courtesy SBM Dissemination
The platform ship Almirante Tamandaré arrived in Brazil Oct. 25.
Petrobras says the first production well has been hooked up to the FPSO Marechal Duque de Caxias at the Mero field in the presalt Santos Basin offshore Brazil.
Oct. 30, 2024
Courtesy Yinson
FPSO Maria Quitéria
The Maria Quitéria FPSO has the capacity to produce up to 100,000 bbl/d of oil and process up to 5 MMcm of gas.
Oct. 15, 2024
Courtesy André Motta de Souza / Petrobras Agency
pelotas basin
Petrobras has signed three more concession contracts for blocks in the Pelotas Basin offshore southern Brazil.
Oct. 14, 2024
Courtesy André Motta de Souza / Petrobras News Agency
Petrobras has followed up on its initial offshore Colombia gas discovery announcement to the market issued on July 29, 2022.
Petrobras International Braspetro is the operator, in partnership with Ecopetrol (55.56%).
Oct. 4, 2024
Courtesy Petrobras
DWOB map
Petrobras is acquiring a 10% interest in the Deep Western Orange Basin (DWOB) Block offshore South Africa following a competitive process conducted by operator TotalEnergies.
Oct. 3, 2024
ID 315140266 | Ai © Serz72 | Dreamstime.com
offshore oil and gas
Petrobras has entered separate memoranda of understanding with Staatsolie and YPF to investigate joint E&P opportunities.
Oct. 2, 2024
ID 316717017 | Ai © Doberman84 | Dreamstime.com
telecommunications
Pioneer Consulting has been contracted by Blue Marine to provide consulting for the next phase of Petrobras’ Malha Óptica project offshore Brazil.
Oct. 1, 2024
Courtesy Petrobras
Petrobras Complexo de Energias Boaventura, Itaboraí, Brazil
Petrobras has initiated procedures to start up Brazil’s largest natural gas processing unit, situated in Itaboraí in the metropolitan region of Rio de Janeiro.
Sept. 12, 2024
Courtesy André Motta de Souza / Petrobras News Agency
Petrobras signs 26 concession contracts in the Pelotas Basin
Petrobras and Shell have signed 26 concession contracts covering blocks in the Pelotas basin offshore southern Brazil.
Sept. 3, 2024
Courtesy Gustavo Galbatto
Petrobras President and CEO Jean Paul Terra Prates participates in an executive dialogue on energy transition at OTC 2024.
Petrobras CEO and President Jean Paul Terra Prates says Brazil is in the middle of the transition and "at the peak of both things."
May 7, 2024
Photo 205263425 © Julian Walters | Dreamstime.com
An FPSO owned by Petrobras on the Albacora Field in the Campos Basin offshore Brazil
Petrobras is highlighting its redevelopment of the Marlim Field in the Campos Basin and technologies to cut emissions at offshore fields at OTC this week.
May 6, 2024
Photo 133726819 © Ian Dyball | Dreamstime.com
offshore_wind
Petrobras has signed a memorandum of understanding with the government of the State of Rio Grande do Norte concerning a potential offshore wind pilot project in the state.
April 30, 2024
Courtesy Petrobras
P-68 platform
Petrobras has produced first gas through the P-68 platform serving the Berbigão and Sururu fields in the Santos basin offshore Brazil.
April 30, 2024
Courtesy Petrobras
petrobras
Petrobras’ board has approved the sale of the company’s interests in the shallow-water Cherne and Bagre fields in the Campos Basin to Perenco Petróleo e Gás do Brasil.
April 18, 2024
Courtesy Petrobras
petrobras
Petrobras has discovered oil in the Anhangá prospect in the ultradeepwater Potiguar Basin on the Brazilian Equatorial Margin.
April 10, 2024
Photo 263965324 © Thai Noipho | Dreamstime.com
hydrogen_and_co2
Petrobras and Mitsui & Co. signed a memorandum of understanding during the CERAWeek by S&P Global conference this week in Houston.
March 20, 2024
Photo 140283798 © Hyotographics | Dreamstime.com
sao_tome_and_principe
Petrobras has formalized its entry into three exploration blocks offshore São Tomé and Príncipe, Africa.
Feb. 9, 2024
Photo 106815666 © Ulf Wittrock | Dreamstime.com
lawsuit_terminated
The terminated lawsuit agreement ends a dispute that has been ongoing since February 2016.
Feb. 7, 2024
Courtesy Yinson
FPSO Anna Nery
Petrobras’ oil and gas production last year averaged 2.78 MMboe/d, 3.7% up on the figure for 2022.
Jan. 29, 2024
Photo 155632579 © Hyotographics | Dreamstime.com
offshore_brazil
Petrobras has informed Brazil’s National Energy Policy Council of its interest in a right of first refusal in the offshore Jaspe Block in the Campos Basin.
Jan. 25, 2024
Courtesy SBM Offshore
SBM Offshore’s FPSO Sepetiba sailed away on June 16, 2023, from the BOMESC shipyard in China, after successful completion of the topsides integration and onshore commissioning phases, and then the FPSO began its transit to the Mero Field offshore Brazil.
Petrobras has started production through the FPSO Sepetiba at the deepwater Mero Field in Brazil’s presalt Santos Basin.
Jan. 2, 2024
Photo 52011683 © Arnaldo Jr. | Dreamstime.com
offshore_brazil_
Petrobras has acquired 29 blocks in the Pelotas Basin offshore southeast Brazil under the ANP’s 4th Permanent Concession Offer Cycle.
Dec. 14, 2023
Courtesy Petrobras
petrobras
Petrobras has revised its capex guidance for 2023 to $13 billion, down from the previously planned $16 billion but still 30% higher than in 2022.
Nov. 10, 2023
Courtesy Yinson
Fpso Anna Nery
Petrobras has set a new quarterly oil and gas production record, achieving 3.98 MMboe/d during the third quarter from its fields offshore Brazil, 7.8% higher than in the second...
Oct. 17, 2023
Courtesy Petrobras
Petrobras' areas of interest for offshore wind projects.
Petrobras has submitted a request to Ibama to start the environmental licensing process for ten areas around Brazil’s coasts for offshore wind developments.
Sept. 14, 2023
Courtesy Petrobras
Petrobras
Petrobras has marked 15 years of production from the presalt offshore Brazil this month by confirming plans to deploy 11 new production platforms in presalt fields by 2027.
Sept. 5, 2023
Courtesy Petrobras
Petrobras Otc Brasil
Petrobras will receive the 2023 OTC Brasil Distinguished Achievement Award in October for a new well construction/intervention development.
Aug. 31, 2023
Photo 162019537 © Pop Nukoonrat | Dreamstime.com
Financing
Petrobras has signed memorandum of understandings (MoUs) with the main Chinese banks operating in the oil, gas and energy industry: the China Development Bank and the Bank of ...
Aug. 30, 2023
Courtesy MODEC
MODEC says its FPSO Anita Garibaldi MV33's operation is part of the Marlim cluster revitalization project.
The Anita Garibaldi FPSO newbuild has started operating for Petrobras on the post-salt and presalt Marlim and Voador fields in the Campos Basin offshore Brazil.
Aug. 17, 2023
Courtesy Geraldo Falcão / Equinor
The P-54 FPSO on the Roncador Field
Petrobras achieved a new presalt production from its fields offshore Brazil of 2.06 MMboe/d during second-quarter 2023, representing 78% of the company’s total output.
July 27, 2023
Courtesy Yinson
FPSO Anna Nery achieved first oil on May 7, 2023.
The GERDAU/ECOVIX joint venture will decommission the P-32 platform after submitting the winning bid. The FPSO Anna Nery is the first of two floaters set to revitalize production...
July 10, 2023