Brought to you by Quest Offshore & Southern Cone Consultants
April 22 (oilnow.gy) South America’s upcoming oil developments, including several in Guyana, are gaining increased importance due to recent developments in the Middle East, Norway-based Rystad Energy said in an April 21 analysis. “The Middle East conflict has done more than spike oil prices — it has exposed how dangerously concentrated global supply chains are... Continue Reading →
April 22 (oilnow.gy) ExxonMobil Guyana has awarded a limited notice to proceed (LNTP) to Italy’s Saipem, related to its proposed Longtail project in Guyana, signaling a future full contract award that Saipem said could be worth up to US$1.5 billion. The Italian engineering firm said it has been awarded a new limited notice to proceed... Continue Reading →
April 21 (offshore-energy.biz) Oceaneering has performed the first piloting operation of a remotely operated vehicle (ROV) on a drilling rig offshore Brazil from its onshore remote operations center (OROC), for Brazilian oil & gas giant Petrobras. The company’s Subsea Robotics segment and Brazilian subsidiary Marine Production Systems do Brasil LTDA (MPS) piloted an ROV located on a drilling... Continue Reading →
Rio de Janeiro, April 17, 2026 - Petróleo Brasileiro S.A. – Petrobras announces that it has signed an agreement to acquire an interest and assume operatorship of Block 3, offshore São Tomé and Príncipe, Africa, from Oranto Petroleum Limited (Oranto). The current consortium is composed of Oranto, the current operator with a 90% interest, and... Continue Reading →
April 16 - Petrobras has completed the interconnection campaign of the Buzios 8 project, a step that enables the first oil from the P-79 platform in the Búzios field, in the Santos Basin. The unit will have the capacity to produce up to 180,000 barrels of oil per day and compress 7.2 million cubic meters... Continue Reading →
April 16 (Reuters) - The Sirius offshore gas project in the Colombian Caribbean has completed more than half of its 120 required prior consultations, the head of Petrobras Colombia said on Thursday. The project is a joint venture between Brazil's Petrobras, which serves as operator with a 44.4% stake, and Colombia's state-run Ecopetrol, which holds... Continue Reading →
April 16 - BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, hereby informs its investors and the market in general of the disclosure of the Company’s Reserves Certification Reports, with a reference date of December 31, 2025 (“Certification 2026”), prepared by the independent specialized consultancies DeGolyer and MacNaughton and... Continue Reading →
April 15 (oilprice.com) UK-based supermajor BP has agreed to buy 60% in three offshore exploration blocks in Namibia as part of its ongoing strategy to grow its upstream portfolio. The company will buy from Canada-based Eco Atlantic Oil & Gas a majority 60% stake in each of the PEL97, PEL99, and PEL100 exploration blocks offshore Namibia, one... Continue Reading →
April 15 (oilnow.gy) The first subsea equipment for the GranMorgu offshore oil development has arrived in Suriname, as the project moves toward offshore installation. Block 58 operator TotalEnergies EP Suriname confirmed on April 14 that components of the long baseline (LBL) subsea positioning system were delivered at the end of March to the Dr. Jules... Continue Reading →
April 14 - Floatel International announced that it has signed a contract with the Norwegian company Equinor for the charter of the accommodation vessel Floatel Victory to provide services in the Bacalhau field, in the Santos Basin. The contract for the MSU will last three months, with the possibility of extension if there is availability.... Continue Reading →
Brazil Energy Insight 