Aug. 24 (PN) Petrobras's board met last week and reached a decision that could alter the course of one of the sector's most anticipated projects. Due to discussions surrounding the "gas release" program, the company deemed it prudent to hit the brakes and reevaluate the export pipeline project for the Sergipe Deepwater (SEAP) development, anccording... Continue Reading →
ExxonMobil temporarily halts operations at Liza Unity FPSO after fire
Aug 23 (Reuters) - U.S. oil major ExxonMobil suspended operations at a facility off the coast of Guyana after a laundry-room fire broke out on a floating vessel, Bloomberg News reported on Sunday, citing a company statement. According to the report, the fire on the Liza Unity floating production, storage and offloading vessel was quickly... Continue Reading →
Pemex and Petrobras Bet Big on High-Risk High-Reward Drilling Off Mexico
Aug. 23 (oilprice.com) Mexico’s state oil firm Pemex and Brazil’s national oil company Petrobras are joining efforts and expertise to drill prospects in Mexican waters in the Gulf of Mexico, hoping to unlock huge oil resources from source rock formations that are miles deeper and eight times older than the currently producing formations in the... Continue Reading →
Wilson Sons launches another new high-powered tugboat
Aug. 20 - Wilson Sons, a port and shipping logistics operator with over 188 years of experience, baptised WS Ariel on Thursday (August 20th) at Pier Mauá (Rio de Janeiro). WS Ariel is the third high-powered tugboat in the company's new shipbuilding series. Like WS Halcyon and WS Capella, launched in January and May this... Continue Reading →
Amazon oil find gives Brazil’s Lula reelection campaign a boost, but returns are far from certain
Aug 21 (Reuters) - Brazil's oil discovery in an exploratory well in a controversial offshore frontier off the Amazon coast last week has handed President Luiz Inacio Lula da Silva a fresh boost for his reelection campaign, helping him burnish his pro-development credentials in a region that could prove crucial in electing a friendly Senate.... Continue Reading →
Everllence’s 175D Engines to Power Four Offshore Tugs Destined for Guyana
Aug. 20 (OE) Everllence has signed a contract with a Turkish shipyard within the high-speed segment. The contract comprises 16 × 175D gensets bound for 4 × Rampage 6000‑DE offshore terminal tugs designed by Robert Allen. These will be operated by Smit Lamnalco, a Boskalis company, in Guyana, South America to support an FPSO fleet... Continue Reading →
Petrobras begins negotiations for exploration blocks in Ghana
Rio de Janeiro, August 21, 2026 – Petróleo Brasileiro S.A. – Petrobras informs that it has submitted an expression of interest in exploration blocks located in offshore areas of the Keta Basin, in Ghana, a country on the west coast of Africa. The Ministry of Energy and Green Transition of Ghana has approved the application... Continue Reading →
Alexandre de Gusmão FPSO reaches peak production in the pre-salt
Aug. 20 - Alexandre de Gusmão FPSO, the fifth to be installed in the Mero field in the Santos Basin pre-salt, reached peak production, at 180,000 barrels of oil per day (bpd). Mero is the third largest producing field in Brazil, after Búzios and Tupi. “Each unit that reaches the maximum production level envisaged in the project not only contributes to the... Continue Reading →
Occidental Moves Closer to Drilling Peru’s Offshore Oil Frontier
Aug, 20 (oilprice.com) Anadarko Peru, a subsidiary of Occidental Petroleum (NYSE:OXY) is moving ahead with plans to drill its first exploration well offshore northern Peru in 2027, advancing a project that could help unlock a major new source of domestic oil and gas. The company, operator of offshore Blocks Z-61, Z-62 and Z-63 in the... Continue Reading →
Three Ørsted Offshore Wind Farms Set for Full Commissioning in 2026
Aug. 10 (offshoreWIND.biz) Ørsted expects three of its offshore wind farms currently under construction to reach full commissioning in the second half of 2026, with Borkum Riffgrund 3 in Germany, Greater Changhua 2b and 4 in Taiwan, and Revolution Wind in the US all approaching completion. The updates were provided by Ørsted as part of... Continue Reading →