PBR awards DOF Group a $150 million four-year contract for the Skandi Commander, boosting offshore ops with advanced ROV and AUV tech starting 2027.

Brazilian union Sindipetro-NF, one of the largest representing Petrobras workers, accepted on Tuesday a counteroffer from the state-run oil company for a labor deal, suspending a strike launched earlier this month.

Brazil's Superior Labor Court ruled staffing levels to remain at 80% at all Petrobras facilities in Brazil as negotiations between workers at the state-run oil company drag on amid a prolonged strike.

Brazilian union Sindipetro-NF, one of the largest representing Petrobras' workers, has rejected the most recent proposal by the state-run oil firm to end a 12-day-long strike, it said in a statement on Friday.

Petrobras approves the final investment decision for the SEAP II deepwater project, opening a new offshore production frontier in Brazil's Northeast.

Petroleo Brasileiro S.A.- Petrobras (NYSE: PBR - Get Free Report) was the recipient of some unusual options trading activity on Wednesday. Stock traders bought 47,386 call options on the company. This represents an increase of 72% compared to the average volume of 27,553 call options. Petroleo Brasileiro S.A.- Petrobras Price Performance Shares of PBR stock opened

PBR and OceanPact sign $590 million ROSV charter deals, reinforcing their focus on offshore safety, maintenance, and subsea performance.

Brazilian state-run oil firm Petrobras' Tupi field briefly reached a production pace this week that, if sustained for a full day, would amount to 1 million barrels, three sources familiar with the matter told Reuters.

Brazilian oil workers union FUP said on Monday it plans to accept a counteroffer from state-run company Petrobras for a labor deal, paving the way to end a week-long strike.

A dispute involving about 50,000 retired Petrobras employees over payment deductions may prolong a strike at the Brazilian state-run oil firm, union leaders and executives told Reuters.