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June 4 - BRAVA ENERGIA S.A. (“Brava” or “Company”) (B3: BRAV3), informs its investors and the market in general of the preliminary and unaudited production data for the month of May 2026. Potiguar – The Company has been gradually resuming operations at the facilities that were suspended in October 2025 following an audit conducted by the... Continue Reading →
June 4 (OE) MODEC and Norway-based Eld Energy have signed a memorandum of understanding to develop a 1.2 MW power system integrated with carbon capture for future floating production, storage and offloading (FPSO) vessels. Under the agreement, Eld Energy will lead the design, procurement and construction of the solid oxide fuel cell (SOFC)-based power system,... Continue Reading →
By Gavin Maguire June 3 (Reuters) - While oil markets fixate on the disruptions to Middle East exports and surging U.S. supply in 2026, South America is quietly emerging as a key new source of global crude flows. Led by Brazil, Guyana and Venezuela, the region has delivered the largest increase in oil exports of... Continue Reading →
June 3, 2026 - PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices incorporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of May. Key: (1) Production at the Valente cluster was impacted by the need for replacement of a gas lift line at Frade, leading to a temporary... Continue Reading →
June 3 - Brazil registered a record in oil and gas production in April, with 5.640 million barrels of oil equivalent per day (boe/d). The data was released by the ANP in the Monthly Bulletin of Oil and Natural Gas Production. The previous record was registered last month (March 2026), when 5.531 million barrels of... Continue Reading →
June 2 (oilnow.gy) MODEC Guyana is seeking contractors for floating production, storage and offloading (FPSO) vessel mooring hook-up services for the Hammerhead project offshore Guyana, according to a Request for Information (RFI) published on June 1 through the Centre for Local Business Development (CLBD). The opportunity forms part of preparations for the Hammerhead development, which is expected... Continue Reading →
June 1 - SBM Offshore and Solstad Offshore have formed a joint venture, which has entered into a Letter of Intent with a selected shipyard to order a new-build next-generation multi-purpose deepwater installation and construction vessel. The new vessel is targeted for delivery in the first half of 2029. The new vessel will support the... Continue Reading →
June 1 - Independent oil company Karoon Energy announced the completion of the transition of operations of the Baúna FPSO (formerly called Cidade de Itajaí). To recap, the platform was acquired from Altera & Ocyan (A&O) in April of last year for US$115 million plus approximately US$8 million in transaction costs. Since then, the two... Continue Reading →
June 1 (oilnow.gy) ExxonMobil says more technical work is needed to determine whether the Ranger discovery in Guyana’s Stabroek Block can be developed. Neil Chapman, Senior Vice President of ExxonMobil, discussed the discovery during the Bernstein 42nd Annual Strategic Decisions Conference on May 28. Chapman said Ranger is different from the discoveries that have supported... Continue Reading →
May 30 (Reuters) - Guyana was already the world’s fastest growing economy before the U.S.-Israeli war on Iran drove up oil prices. Now, the tiny Caribbean nation of nearly 1 million people will reap an even bigger bonanza as the conflict reshapes global energy markets. The war that caused one of the largest energy disruptions... Continue Reading →
Brazil Energy Insight 