Oct. 15 (TN) Equinor is celebrating the first year of production at the Bacalhau field, reaching the milestone of 25 offloading operations and 25 million barrels of oil produced. This achievement coincides with the company’s 25th anniversary in Brazil and underscores the field’s strategic importance to Equinor’s long-term growth in the country. Operated by Equinor—in... Continue Reading →
Guyana may scale back LNG plans as Exxon needs more gas for its wells, sources say
Oct 15 (Reuters) - ExxonMobil has told Guyana it will need more offshore gas to maximize oil production than the government had expected, potentially leaving less for liquefied natural gas production and exports, two people close to the talks said. Guyanese officials are now weighing whether to shrink a planned LNG project or skip exports... Continue Reading →
TGS, SLB Launch Multi-Client Pelotas Basin Seismic Survey off Brazil
Oct. 15 (OE) TGS and SLB have announced the second phase of their Pelotas Sul multi-client 3D seismic survey offshore southern Brazil, covering approximately 11,200 square kilometers in the Pelotas Basin. A Ramform Titan-class vessel is scheduled to begin data acquisition in October 2026, with the survey expected to be completed in the second or... Continue Reading →
South Africa dismisses appeals against exploration in TotalEnergies Block 3B/4B
Oct 15 (Reuters) - South Africa's environment minister has dismissed a challenge lodged by conservationists against an environmental authorisation to allow exploration in TotalEnergies-operated Block 3B/4B off the country's West Coast. The decision by Environmental Affairs Minister David Maynier, dated October 13 and seen by Reuters, is the latest in a series of appeals and... Continue Reading →
Angola aims for faster oil and gas concessions as part of new regulatory revamp
Oct 15 (Reuters) - Angola intends to implement faster exploration concessions from next year as part of a new long-term hydrocarbon strategy that aims to attract investment and stimulate oil and gas production, a senior government official said on the sidelines of an energy conference in Cape Town. Here are some details: The 25-year plan... Continue Reading →
Houston-based subsea services provider finds local partner in Brazil
Oct. 15 (offshore-energy.biz) Houston-based Zupt, part of Swiss technology group Rosenxt Group, has signed a framework agreement with Brazil's Mitang Brasil - Soluções Submarinas to jointly support subsea services in Brazil. Based in Rio de Janeiro, Mitang provides offshore survey and positioning services, with experience in LBL positioning, USBL calibration, hydrographic survey, dimensional control, and... Continue Reading →
TMC Compressors returns to equip the Maromba FPSO for new life in Brazil
Oct. 15 (offshore-energy.biz) Norway's TMC Compressors has been selected for the delivery of a compressed air system for a floating production, storage and offloading vessel (FPSO) that is currently being upgraded in China before deployment offshore Brazil for its third phase of life. The Maromba FPSO, formerly known as FPSO Polvo, is undergoing upgrades at... Continue Reading →
Guyana Oil Exports Set to Surpass 1 Million Barrels per Day for First Time
Oct. 13 (oilprice.com) Guyana, one of the world's newest oil exporters, is poised to surpass one million barrels per day in crude oil exports for the first time this December, marking another extraordinary milestone for the small South American country. According to Bloomberg, December's preliminary loading schedule includes 33 million barrels of crude exports, equivalent... Continue Reading →
Petrobras signs balancing agreements related to the Berbigão and Sururu Shared Reservoirs
October 13, 2026 – Petróleo Brasileiro S.A - Petrobras, further to the press release issued on May 4, 2026, informs that it has signed with Shell, TotalEnergies and Petrogal, partners in the BM‑S‑11A Consortium, the Cost and Volume Balancing Agreements (Acordos de Equalização de Gastos e Volumes – AEGVs) for Berbigão, Sururu and the Shared... Continue Reading →
Oceanica Engenharia signs new four year diving contract with Petrobras
Oct. 9 - (splash247) Brazilian subsea services player Oceânica Engenharia has won a four-year contract worth around R$354m ($70m) from Petrobras. The new deal covers specialised offshore diving services and diverless operations using ROVs and associated subsea tooling. Oceânica said it could carry out work across up to four simultaneous service fronts, with operations expected... Continue Reading →