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Nov 4 (Reuters) - Colombia expects to have a licensing round for new oil exploration areas ready in the first quarter of 2027, the head of the National Hydrocarbons Agency (ANH) said on Wednesday. The country halted new hydrocarbon exploration contracts from 2022 to 2026 under former President Gustavo Petro, whose government sought to steer... Continue Reading →
Nov. 5 (PN) New developments from Petrobras in the Campos Basin: the company has begun drilling the second well in the Norte de Brava block, according to data provided by the National Agency of Petroleum, Natural Gas and Biofuels (ANP). The well, technically identified as 9-BRSA-1406D-RJS, is being drilled in a water depth of 603... Continue Reading →
Nov. 4 (OE) BP has identified hydrocarbons in an exploration well at the deepwater Tupinambá block in Brazil's Santos Basin, where Shell's 50% working interest remains subject to regulatory approval. The company informed Brazil's National Agency for Petroleum, Natural Gas and Biofuels (ANP) of the hydrocarbon presence in well 1-BP-14-SPS, located 275 kilometers off the... Continue Reading →
Oct. 29 - Petrobras informs that it has identified another oil-bearing interval in the Morpho well, which constitutes the third discovery in block FZA-M-59, located in ultra-deep waters off the coast of the state of Amapá, at a water depth of 2,886 meters.The continued evaluation of other intervals of interest, following the discoveries announced in... Continue Reading →
Oct. 27 (oilnow.gy) Noble Corporation reported a net loss of US$117 million in the third quarter of 2026, widening from US$37 million in the preceding quarter, as a sharp increase in income tax expenses outweighed its pretax earnings. The drilling contractor published its earnings on October 26, 2026. The offshore drilling contractor recorded an income... Continue Reading →
Oct. 22 (AP) A single figure sets Venezuela apart from the rest of the world: 303 billion barrels of so-called proven oil reserves. But experts say the country's estimate is inherently problematic and far from proven — rooted in exaggerated, aging data from a corrupt government. The number has long been touted by politicians and... Continue Reading →
Oct. 21 (msn.com) ExxonMobil (XOM) is nearing completion of its seismic data acquisition program offshore Trinidad and Tobago, marking a key milestone in the company’s first year of exploration activities under its production sharing contract, and is expected to drill an exploration well in 2028, Energy Minister Roodal Moonilal said Tuesday. With the seismic campaign... Continue Reading →
Oct. 20 (offshore-energy.biz) With more than a billion barrels of oil in its sights, Ireland-headquartered and AIM-listed United Oil & Gas (UOG) is laying the groundwork for its next offshore move to sweeten the pitch for prospective partners in the Caribbean, with a fresh study that maps out a double-digit rig pool, local logistics, and... Continue Reading →
Oct. 19 (oilnow.gy) ExxonMobil is evaluating wells near its Ranger discovery offshore Guyana for possible tiebacks to a future development, with Rockhead among the wells drilled this year. John Ardill, ExxonMobil’s vice president, outlined the work in a LinkedIn post. The exploration and appraisal program is gathering subsurface data to assess a commercial development in... Continue Reading →
Oct. 17 - bp has identified signs of hydrocarbons in well 1-BP-14-SPS, the first exploratory well drilled in the Tupinambá block, located in the pre-salt layer of the Santos Basin. Drilling took place in September using Transocean’s Deepwater Mykonos drillship. The company acquired a 100% stake in the block during the second cycle of the... Continue Reading →
