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. 

News

Courtesy Petrobras
Map of Block 3 offshore São Tomé and Príncipe
The company initiated the farm-in deal in April. Other partners are Oranto (15%) and the National Petroleum Agency of São Tomé and Príncipe (10%).
July 10, 2026
Courtesy Ole Jørgen Bratland/Equinor
Equinor worker in the Campos Basin Pre-salt Polygon
The Brazilian state company will become a 50:50 partner in the Itaimbezino Block, subject to approvals.
June 10, 2026
Courtesy Petrobras
Petrobras takes stake in further block offshore São Tomé and Príncipe
Pending approvals, the company will replace Oranto Petroleum as operator.
April 17, 2026
Courtesy Petrobras
Petrobras, bp discover hydrocarbons in deepwater Campos basin
The well was drilled in nearly 3,000 m of water in block C-M-477.
April 13, 2026
ID 52011683 © Arnaldo Jr. | Dreamstime.com
Brazil flag
Buying out partner Petronas will give Petrobras a 100% operated position in the deepwater Tartaruga Verde and Espadarte-Module III fields.
April 11, 2026
Courtesy Petrobras
Map indicates the location of the discovery in the Campos Basin
The deepwater well has since been completed, with samples to undergo laboratory tests for characterization purposes.
March 30, 2026
Courtesy MODEC
FPSO Cidade de Campos dos Goytacazes MV29
The Brazilian major will become outright owner, assuming the ANP approves Petronas’ sale of its existing 50% interests.
March 20, 2026
Courtesy Petrobras
offshore Colombia drilling rig
The Copoazu-1 well, which encountered gas in multiple intervals, is 8 km from the Sirius gas discovery.
March 19, 2026
ID 291352196 © Dechev | Dreamstime.com
Petrobras to buy five LPG tankers, multiple vessels for $521 million
The new fleet will be operated by Transpetro as part of Petrobras’ ‘Open Sea’ program.
Jan. 28, 2026
Courtesy Petrobras
P-78 FPSO achieves first oil at Búzios Field offshore Brazil
Seatrium built the FPSO, which will add 180,000 bbl/d to overall production from the field. Features include various energy-efficient and emissions reductions technologies.
Jan. 5, 2026

Articles

Courtesy Divulgação Petrobras
Petrobras' P-79 platform offshore Brazil
Petrobras plans to invest $7.1 billion in offshore exploration and production, drill about 40 new offshore wells, and invest $4 billion in R&D.
May 4, 2026
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

Additional content from Petrobras

herraez/iStock Editorial/Getty Images Plus
Petrobras outlines production expansion, frontier exploration goals
Company’s new five-year E&P plan covers potential investments totaling $109 billion.
Nov. 29, 2025
Courtesy Petrobras
Map: Sudoeste de Tartaruga Verde Block offshore Brazil
The discovery on the block, which was awarded in 2018, will undergo further analysis that will support further studies of the area’s exploration potential.
Nov. 18, 2025
Courtesy Petrobras
Ecopetrol, Petrobras to jointly market natural gas from Colombia’s Sirius project
The companies say the field holds estimated reserves of more than six trillion cubic feet, making it Colombia’s largest-ever gas discovery.
Nov. 4, 2025
Source: Foresea Disclosure; Courtesy of Petrobras
NS-42 drilling rig
Following delays caused by opposition from environmental groups, Petrobras is proceeding with its first well offshore the Amazon River mouth region after obtaining regulatory ...
Oct. 21, 2025
Courtesy Petrobras/Foresea
Petrobras faces $34-million cost as drillship sits idle in Foz do Amazonas
Following successful emergency response test, Petrobras is waiting on environmental agency Ibama to issue drilling license.
Oct. 16, 2025
Courtesy Petrobras
P-78 FPSO at the offshore Búzios Field
Petrobras has taken delivery of the FPSO P-78, which will now undergo installation and further commissioning at the Búzios Field in Brazil’s presalt Santos Basin.
Oct. 2, 2025
Courtesy Petrobras
Petrobras-chartered drillship to take part in evaluation program in Brazil’s Equatorial Margin region
The ‘pre-operational assessment’ is expected to enable Petrobras to obtain a permit to drill in the environmentally sensitive area.
Aug. 26, 2025
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