Guyana: The 13-kilometer link giving Hammerhead gas three potential destinations

Aug. 12 (oilnow.gy) Guyana’s Hammerhead development, the country’s seventh sanctioned offshore oil project, is expected to begin production in 2029 with capacity of about 150,000 barrels of oil per day (b/d). Its associated gas could first fuel Hammerhead’s own operations, with remaining volumes potentially sent through the Gas-to-Energy (GtE) pipeline to shore, connected to future infrastructure... Continue Reading →

August 12, 2026 0

Proserv Accelerates Growth in Brazil Energy Sector Through Strategic Localisation

Aug. 11 - Aberdeen-headquartered Proserv, a global leader in controls technology, is accelerating its international growth with a strategic push into Brazil’s dynamic energy market; bringing proven expertise and high-value solutions directly to oil and gas operators seeking to optimize performance, reliability, and efficiency. This localisation marks a significant milestone in Proserv’s international growth strategy,... Continue Reading →

August 12, 2026 0

Nigeria Approves Deep-Water Oil Investment Framework

Aug. 11 (Reuters) Nigerian President Bola Tinubu approved a new regulatory and fiscal framework for offshore oil and gas projects, his office said on Tuesday, a move the government says could attract up to $50 billion in investment and revive long-delayed developments. Nigeria has struggled in recent years to attract new upstream oil investment amid... Continue Reading →

August 12, 2026 0

Guyana and Suriname: Two paths from offshore discovery to first oil

Aug. 11 (oilnow.gy) Two major offshore oil stories have unfolded on opposite sides of the Guyana-Suriname Basin, but the distance between discovery and production has been very different. Guyana went from the Liza discovery in May 2015 to first oil in December 2019, less than five years later. Its first final investment decision (FID) came in... Continue Reading →

August 11, 2026 0

Yinson Offers the Lowest Bid in the Tender for the New Albacora Field FPSO

Aug. 10 (PN) Petrobras released the list of companies that submitted bids for the new Albacora FPSO in the Campos Basin. Malaysian company Yinson took the lead in the race, submitting the best offer at US$ 2.297 billion. Four other companies that also submitted bids: China's COOEC (US$ 2.842 billion); India's Shapoorji (US$ 2.9 billion);... Continue Reading →

August 11, 2026 0

Eni joins block offshore Uruguay ahead of drilling ops

Aug. 10 (offshore-energy.biz) Italian energy giant Eni has struck a deal with Texas-headquartered oil and gas company APA Corporation to acquire a stake in a block off the coast of Uruguay. APA has signed an agreement with Eni, enabling the Italian firm to become a strategic partner in Block 6 offshore Uruguay. As a result, the U.S.... Continue Reading →

August 11, 2026 0

Siemens Energy signs contract to supply equipment to Petrobras

Aug.10 (cnnbrasil) German equipment manufacturer Siemens Energy has signed a contract with the Dutch company SBM Offshore to supply power generation and gas compression systems. These systems will be installed on the P-81 and P-87 platforms, which are destined for Petrobras projects in the Sergipe-Alagoas Basin. The value of the contract was not disclosed. In... Continue Reading →

August 11, 2026 0

Guyana is set to get more Stabroek oil, but how much?

Aug.9 (oilnow.gy) Guyana is set to receive a larger share of the oil produced from the Stabroek Block after ExxonMobil and its co-venturers recovered about US$55 billion in investment and a substantial amount of operating costs. To understand why, it is important to understand how cost recovery works. ExxonMobil, Hess (owned by Chevron) and CNOOC... Continue Reading →

August 10, 2026 0

TechnipFMC Delivers Critical Equipment for Suriname Project

Aug. 9 (OE) The GranMorgu Project offshore of Suriname continues to make strong progress, reports TechnipFMC, with the delivery of critical subsea equipment supporting the next phase of execution. “The departure of the first drilling equipment and the successful installation of key FPSO connection components demonstrate the impact of early collaboration, standardized engineering and disciplined... Continue Reading →

August 10, 2026 0

Petrobras to anticipate first oil from P-80 to first quarter of 2027

Aug 9 - Petrobras is working to bring forward the start of production for the P-80 platform, scheduled for the Búzios field in the Santos Basin. According to the company's Director of Engineering, Technology, and Innovation, Renata Baruzzi, the goal is to achieve first oil from the unit in the first quarter of 2027 rather... Continue Reading →

August 10, 2026 0

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Category: Deepwater

Guyana: The 13-kilometer link giving Hammerhead gas three potential destinations

Proserv Accelerates Growth in Brazil Energy Sector Through Strategic Localisation

Nigeria Approves Deep-Water Oil Investment Framework

Guyana and Suriname: Two paths from offshore discovery to first oil

Yinson Offers the Lowest Bid in the Tender for the New Albacora Field FPSO

Eni joins block offshore Uruguay ahead of drilling ops

Siemens Energy signs contract to supply equipment to Petrobras

Guyana is set to get more Stabroek oil, but how much?

TechnipFMC Delivers Critical Equipment for Suriname Project

Petrobras to anticipate first oil from P-80 to first quarter of 2027

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