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Sept. 27 (oilprice.com) The Trump Administration is touting the new oil order in Venezuela as a tremendous opportunity for reviving the industry in the world’s biggest crude oil resource holder. The U.S.-led restructuring of the sector kicked out Russian and Chinese companies out of previously awarded concessions, and spurred a flurry of oil deals with... Continue Reading →
Sept. 28 (OE) Shearwater Geoservices has been awarded a three-year ocean bottom node (OBN) seismic acquisition contract by an undisclosed oil and gas company for work offshore South America, with operations set to begin in the fourth quarter of 2026. The contract includes firm scopes in the first and third years of the award period,... Continue Reading →
Sept. 26 - Petrobras signed a memorandum of understanding (MoU) with Mozambique's Empresa Nacional de Hidrocarbonetos (ENH) to establish the foundation for strategic cooperation between the companies in the oil and gas sector. The agreement's objectives include joint efforts in studies, assessment, development, and commercialization, as well as knowledge sharing and the exchange of technical... Continue Reading →
Sept. 25 (TN) Porto do Açu and OceanPact signed a Letter of Intent (LOI) to expand the area occupied by the company at the port-industrial complex in São João da Barra (RJ). The agreement aims to expand OceanPact's operational capacity and strengthen infrastructure supporting the region's oil and gas supply chain. The agreement provides for... Continue Reading →
Sept 24 (Reuters) - The US Senate is nearing a deal to reform laws to speed up permitting of large infrastructure projects after the White House compromised on how renewable energy is treated, though a vote is uncertain before the midterm elections, a top Senate Democrat said on Thursday. Senators Sheldon Whitehouse, the top Democrat... Continue Reading →
Sept. 25 ( saurenergy.com) Envision Energy has launched its EN-252/16.7 offshore wind turbine, a 16.7 MW machine designed for high-wind environments and international offshore wind markets. The turbine is based on Envision's Model Z platform, which has been operational since 2023. The company said the new turbine combines a high-performance rotor with an integrated powertrain,... Continue Reading →
Sept 24 (Reuters) - BP is weighing a potential acquisition of Devon Energy's operations in South Texas as part of renewed efforts by the British supermajor to grow its shale asset base in the US, people familiar with the matter said. After years of prioritizing investments in renewable energy and leadership churn that included five... Continue Reading →
Sept 25 (Reuters) - TotalEnergies said on Friday its board unanimously backed the renewal of Chairman and CEO Patrick Pouyanne's mandate and reaffirmed the relevance of the energy major's strategy ahead of its investor update scheduled for Monday. In May, investors had overwhelmingly approved lifting the age limits for its chair and CEO roles, paving... Continue Reading →
Sept 24 (Reuters) - Colombia's state-controlled oil company Ecopetrol tapped businessman Joaquin Gutierrez as chief executive, the company said on Thursday, giving one of the country's most important corporate jobs to a close presidential ally with no known background in the energy sector. Gutierrez, a former campaign manager for President Abelardo De La Espriella with... Continue Reading →
Sept. 24 - Petrobras plans to install a production platform at the Mãe de Ouro field—which has not yet been drilled—in the Potiguar Basin, should the discovery's potential be confirmed, stated Petrobras CEO Magda Chambriard. Ibama authorized offshore drilling for this block and three others in March of this year. "If this discovery plays out... Continue Reading →
