Brought to you by Quest Offshore & Southern Cone Consultants
Nov 4 (Reuters) - Colombia expects to have a licensing round for new oil exploration areas ready in the first quarter of 2027, the head of the National Hydrocarbons Agency (ANH) said on Wednesday. The country halted new hydrocarbon exploration contracts from 2022 to 2026 under former President Gustavo Petro, whose government sought to steer... Continue Reading →
Nov 5 (Reuters) - Danish offshore wind farm developer Orsted on Thursday reported a third-quarter core profit above forecasts, sending its shares up more than 4%. Orsted has expanded rapidly over the past decade, but more recently has faced higher costs from supply chain disruption and inflation, as well as regulatory challenges in the United... Continue Reading →
Nov. 5 (PN) New developments from Petrobras in the Campos Basin: the company has begun drilling the second well in the Norte de Brava block, according to data provided by the National Agency of Petroleum, Natural Gas and Biofuels (ANP). The well, technically identified as 9-BRSA-1406D-RJS, is being drilled in a water depth of 603... Continue Reading →
Nov. 5 (splash234.com) razil’s competition watchdog CADE has given conditional approval to the proposed merger between Italian offshore engineering giant Saipem and Norway’s Subsea 7, requiring the companies to sell a specialised pipelay vessel to address competition concerns. The Brazilian regulator approved the combination, which will create Saipem7, after the companies agreed to divest the... Continue Reading →
Nov. 5 (splash247.com) Norwegian offshore vessel owner DOF has secured another long-term contract extension with Petrobras in Brazil. The company said that the pipelay support vessel (PLSV) Skandi Olinda has been awarded a 304-day extension following negotiations with the Brazilian state-controlled oil and gas giant. The contract, previously scheduled to expire in April 2027, will... Continue Reading →
Nov. 3 - The P-78 platform, installed in the Búzios field in the pre-salt area of the Santos Basin, reached the mark of 180,000 barrels of oil per day on Saturday (10/31), corresponding to the unit's nameplate capacity. Located 180 km off the coast of Rio de Janeiro, the Búzios field is Petrobras' largest producing... Continue Reading →
Nov. 4 (OE) BP has identified hydrocarbons in an exploration well at the deepwater Tupinambá block in Brazil's Santos Basin, where Shell's 50% working interest remains subject to regulatory approval. The company informed Brazil's National Agency for Petroleum, Natural Gas and Biofuels (ANP) of the hydrocarbon presence in well 1-BP-14-SPS, located 275 kilometers off the... Continue Reading →
November 3, 2026 - PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices incorporate governance and transparency, informs its preliminary and unaudited Operational Data for the month of October. November 3, 2026 - PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices incorporate governance and transparency, informs its preliminary and unaudited Operational Data... Continue Reading →
Nov 3 (Reuters) - A consortium led by US billionaire Todd Boehly is preparing a securities swap to acquire sanctioned Russian oil major Lukoil's international assets and a deal is expected within weeks, four people close to the sales process said. A bank acting on behalf of the consortium has purchased billions of dollars of... Continue Reading →
Nov 3 (Reuters) - Brazil is ending its year-long presidency of the UN climate process with roadmaps aimed at curbing deforestation and accelerating a shift away from fossil fuels to help governments deliver on past climate agreements. COP30 President Andre Correa do Lago, who led last November's UN climate summit in Belem, said governments must... Continue Reading →
