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ExxonMobil has made yet another oil discovery in Guyana's prolific Stabroek offshore block. The news of the new offshore oil discovery in Guyana was shared by Hess Corp., ExxonMobil's partner in the block, where around 11 billion barrels of oil have been discovered in recent years. According to Hess, a partner alongside China's CNOOC in... Continue Reading →
Brazilian oil firm Enauta has restarted production from its Atlanta field offshore Brazil following a brief interruption, but the 2HP well that was shut down Tuesday remains shut. First, the company on Tuesday said that it had temporarily interrupted the production of the Atlanta field and was evaluating the causes of the interruption. The company... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has received Official Letter nr. 299/2023/GM-MME, by means of which the Ministry of Mines and Energy has requested information, based on Article 26, item II, of Decree-Law nr. 200, to assist the Civil House in the preparation of the new Growth Acceleration Program. Thus, in response to... Continue Reading →
(OE) On Friday, Australian oil and gas giant Woodside said that its Sangomar development project offshore Senegal was 82% complete and on target for first oil later this year. Once online, this will be Senegal's first offshore oil project in production. Woodside, the operator of Sangomar, said in its first quarter report that the development... Continue Reading →
(OE) Oil and gas company Sintana Energy said Friday that over 50% of 3D seismic survey data has been gathered from Petroleum Exploration License 87 (“PEL 87”) and the surrounding area in the Orange Basin offshore Namibia. To remind, Australian oil giant Woodside in March signed an option agreement to acquire at least a 56%... Continue Reading →
(PN) Brazilian independent operator Enauta reached the level of 32 thousand barrels of oil equivalent produced per day, considering the production of the Atlanta fields, in the Santos Basin, and Manati, in the Camamu Basin. This amount represents a new record in the company's history. The volume also corresponds to an increase of more than... Continue Reading →
(PN) Baker Hughes announced a new and important company contract in Brazil. The company will provide CO2 compression solutions for the FPSO P-80, P-82 and P-83, which will be operated by Petrobras in the Búzios field, in the Santos Basin pre-salt. There will be six compression trains, powered by gas turbines, designed to reinject more... Continue Reading →
(OM) PGS has released the first data from its new Pacific MegaProject covering prospective areas across much of Colombia's offshore Tumaco and San Juan basins. The company has reprocessed all available data in the target area to produce a single unified and rejuvenated MegaProject dataset. This is said to provide new insights into potential petroleum system... Continue Reading →
(Bloomberg) – The Pentagon is sounding alarms over the Biden administration's plans to advance offshore wind projects along the central Atlantic U.S. coast, warning that almost all of the new terrain eyed for development conflicts with military operations. Maps shared with industry stakeholders and seen by Bloomberg News show vast red areas that the Navy... Continue Reading →
(epbr) Petrobras has begun reviewing the five-year strategic plan and will release the new plan for the period 2024-2028 at the end of 2023, along the lines of the last revisions, said Maurício Tolmasquim, current executive manager of Strategy at Petrobras. Tolmasquim was appointed to the Board of Energy Transition and Renewable Energy, a new... Continue Reading →
Brazil Energy Insight 