Sept. 9 - Baker Hughes submitted the best bids in a Petrobras tender to contract up to 518.3 km of flexible lines, comprising both risers and flowlines. The pipelines are intended for various applications, such as gas lift, water injection, production, gas injection, service, gas export, and oil export. The tender also includes flexible pipelines... Continue Reading →
SLB, Shearwater Launch Multi-Client 3D Seismic Survey off Brazil
Sept. 9 (OE) SLB and Shearwater GeoServices have launched a 3D multi-client seismic survey offshore Amapá in Brazil’s Equatorial Margin, targeting an underexplored area that has attracted increased interest following the recent Morpho hydrocarbon discovery. The Amapá 3D survey area is located about 130 kilometers from the Morpho exploration well and is designed to provide... Continue Reading →
Argentina Takes Legal Action Against Navitas Over Falklands Drilling
Sept. 8 (Reuters) - Argentina's government said on Monday it will file criminal charges against energy company Navitas Petroleum and its executives for operating in the Falkland Islands. The move follows remarks on Friday by Argentine President Javier Milei, who vowed to sanction oil companies drilling in the British overseas territory as he stepped up... Continue Reading →
Ventura Expands Drillship Fleet, Lands $58M Petronas Deal
Sept. 8 (OE) Brazilian drilling contractor Ventura Offshore has entered into an agreement with Eldorado Drilling to provide marketing and operations management services for the seventh-generation ultra-deepwater drillship Deep Value Driller, while also securing a drilling contract with Petronas E&P Bobara in Indonesia. The Petronas contract has an estimated value of approximately $58 million, including... Continue Reading →
Ibama grants Petrobras license, with conditions, to drill 3 new wells in the Foz do Amazonas Basin
Sept. 7 - Petrobras has successfully met Ibama’s requirements and has been granted the license to drill three additional wells in block FZA-M-059, located in the Foz do Amazonas Basin. The new wells—named Manga, Crotalus, and PAD Morpho—will be crucial for the oil company to determine the reservoir's size and assess the area's commercial potential.... Continue Reading →
Brazil’s 2027 Pre-Salt Oil Auction Could Bring in $4.4B
Sept. 7 (Reuters} Brazil's government expects to raise 22.4 billion reais ($4.4 billion) from an extraordinary pre-salt oil auction in 2027, according to an annex to the budget bill submitted to Congress, a revenue source that will be crucial to achieving its goal of posting its first effective primary surplus in years. The government of... Continue Reading →
PRIO Operational Data for August 2026
Rio de Janeiro, September 2, 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 August. Key: (1) Production at the Albacora Leste field was affected by a partial scheduled shutdown for cooling system maintenance. (2) At the Bravo... Continue Reading →
Woodside and PEMEX to Expand Deepwater Partnership
Sept. 2 (OE) Woodside Energy has signed a non-binding Memorandum of Understanding (MoU) with Petróleos Mexicanos (PEMEX) that will allow analysis of potential future opportunities for exploration and extraction of hydrocarbons in the deep waters of the Gulf of Mexico. It will also facilitate the mutual exchange of technical knowledge, experience, and industry best practices... Continue Reading →
Shell reaches agreement with BP to acquire 50% stake in Tupinamba block, Santos Basin
Sept. 2 - Shell has signed an agreement with bp to acquire a 50% stake in the Tupinambá exploration block, located in the Santos Basin, as well as a 30% interest in five concessions comprising the Conifer exploration prospect in the Paleogene province of the deepwater US Gulf of Mexico. bp will retain the remaining... Continue Reading →
TechnipFMC readies 200th subsea tree for Guyana projects
Sept. 2 (oilnow.gy) TechnipFMC has reached delivery readiness for its 200th subsea tree for offshore projects in Guyana. The company announced the milestone on September 1. It credited the expertise and collaboration of its team for supporting ExxonMobil Guyana’s offshore developments. “Recently, we reached a major milestone with the manufacturing and delivery readiness of the 200th subsea... Continue Reading →