by MAFM ADVOGADOS | Aug 10, 2026 | Newsletters
Petrobras expects to complete drilling of its first deepwater exploratory well in the Foz do Amazonas Basin around the beginning of September. The well represents a critical step in evaluating the geological potential of the Equatorial Margin and may influence future...
by MAFM ADVOGADOS | Aug 10, 2026 | Newsletters
Brazilian oil and natural gas production reached a new record in June, with combined output exceeding 5.8 million barrels of oil equivalent per day. Oil production alone reached approximately 4.47 million barrels per day, while the pre-salt accounted for more than 80%...
by MAFM ADVOGADOS | Aug 10, 2026 | Newsletters
Petrobras reported net income of approximately R$ 52.4 billion in the second quarter of 2026, supported by stronger international oil prices, rising production and increased exports. Average oil and gas production reached approximately 3.34 million barrels of oil...
by MAFM ADVOGADOS | Aug 7, 2026 | Newsletters
The Brazilian government has signed five production sharing contracts resulting from the third cycle of the Permanent Production Sharing Offer. The contracts cover the Itaimbezinho, Jaspe, Citrino, Esmeralda and Ametista blocks in the Santos and Campos basins and...
by MAFM ADVOGADOS | Aug 6, 2026 | Newsletters
Brazil is moving toward its first auctions for the commercialization of natural gas belonging to the Federal Government under pre-salt production sharing contracts. The CNPE has restructured the PPSA commercialization framework around two models: annual short-term...
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