Brazil's offshore support fleet continues to operate with more than 470 vessels under Brazilian Jurisdictional Waters (AJB), making it one of the largest offshore support fleets worldwide. While current fleet levels demonstrate strong market resilience, continued...

ANP has approved the inclusion of 86 exploratory blocks in the Equatorial Margin for future Permanent Offer bidding cycles. Market Impact The measure significantly expands Brazil's long-term exploration portfolio and may: attract new international oil companies...

Brazilian offshore support companies have confirmed that they are preparing to meet the expected operational demand arising from future exploration activities in the Equatorial Margin, one of Brazil's most promising offshore frontiers. Market Impact The expected...

Brazil and the Netherlands are strengthening bilateral cooperation aimed at developing an integrated green hydrogen (H₂V) value chain, combining Brazil's renewable energy potential with the Netherlands' position as Europe's principal logistics gateway. The partnership...

Globally, energy storage has become a strategic tool for grid flexibility, renewable integration and energy security. Brazil’s regulatory approach reflects this broader trend by moving beyond isolated auction mechanisms and toward a permanent framework for storage...

Transpetro has signed a US$ 427 million contract for the construction of four vessels at Estaleiro Rio Grande, reinforcing Brazil’s shipbuilding recovery and the strategic relevance of domestic maritime capacity. In parallel, Emgepron has launched a procurement...

Petrobras and Pemex are expected to advance cooperation in deepwater exploration and production, natural gas and petrochemicals, following diplomatic engagement between Brazil and Mexico. Market Impact This may create opportunities for: technical cooperation in...

Courts in Alagoas authorized, on June 22, 2026, the continuation of KWA Group's judicial reorganization, which had been suspended after creditor banks (Safra, Itaú and Santander) flagged a roughly R$150 million discrepancy between financial statements given to lenders...

The Chamber of Deputies' Economic Development Committee approved, on June 23, 2026, a substitute bill to PL 1780/22 establishing rules for industrialized-product distribution contracts, setting out suppliers' and distributors' rights and duties, a minimum 90-day...