(offshore-energy.biz) As the offshore oil and gas exploration mission continues in Uruguay, the Isle of Man-headquartered oil and gas company Challenger Energy Group (CEG) is moving forward with its plans to make its assets drill-ready. To this end, the firm has confirmed the identification of prospects in one block and the ongoing preparation to embark... Continue Reading →
BP-Eni Joint Venture Finds Gas Offshore Angola
(OE) Azule Energy, a joint venture firm between BP and Eni, has made a gas discovery at the Gajajeira-01 exploration well, located offshore in the Lower Congo Basin, Republic of Angola. The well was spudded on April 1, 2025 in a water depth of 95 meters, approximately 60 kilometers off the coast. It encountered gas-... Continue Reading →
Petrobras starts drilling first pioneer well in the Agua Marinha Block in the Campos Basin pre-salt layer
Petrobras is making a significant new exploration move in the Campos Basin. The company began drilling the pioneer well (1-BRSA-1401D-RJS) in the Água Marinha block, in a water depth of 2,600 meters. The drillship Deepwater Aquila, owned by Transocean, is operating the Água Marinha block. The Água Marinha block, in the Campos Basin pre-salt layer,... Continue Reading →
Hess to exit Suriname offshore oil block after partners leave over drilling risks
(Reuters) U.S. oil producer Hess Corp has decided to withdraw from Suriname's offshore Block 59, the South American nation's state oil firm Staatsolie said on Tuesday, adding the block would now return to Staatsolie. "Hess has fulfilled its minimum work obligations and decided not to proceed to the next phase of the exploration period ending... Continue Reading →
New studies enhance outlook for Orange Basin exploration block
(offshore-energy.biz) Australia-based petroleum exploration company Pancontinental Energy has revealed the results of two studies exploring hydrocarbon properties of a petroleum exploration license (PEL) it operates in the Orange Basin, offshore Namibia. The Australian player said the new evidence provides increased confidence for the presence of a high net-to-gross reservoir system and the presence of hydrocarbons... Continue Reading →
Petrobras advances in the exploration of the ARAM Block
(PN) Petrobras began drilling well 3-BRSA-1400-SPS, in a water depth of 1,835 meters, using the West Auriga drillship. This is the sixth well drilled by the state-owned company in the block. The previous well, named 3-BRSA-1399-SPS, was drilled at the end of May, in a water depth of 1,866 meters. Aram was acquired in March... Continue Reading →
Wilson Sons, through the Offshore Support Base, signs agreement with TotalEnergies, a global leader in the energy industry
Wilson Sons, recognized for its extensive experience of more than 187 years, has signed a new agreement with TotalEnergies EP Brasil to provide logistics support to oil production activities in the Lapa Field, in the pre-salt layer of the Santos Basin, through one of its Offshore Support Bases — the Rio Base — located in... Continue Reading →
Karoon Energy Secures Six Blocks in latest Offshore Brazil bid round
(OE) Australian oil and gas company Karoon Energy has secured interest in six blocks in the Santos Basin, offshore Brazil, in the ANP fifth Permanent Offer Bid Round for Concession Contracts. Two of the blocks, S-M-974 and S-M-1038, are located approximately 17 kilometers from the Neon field, and contain the Piracucá discovery. In addition, Karoon... Continue Reading →
Petrobras announces results of ANP bidding process
Petróleo Brasileiro S.A. – Petrobras reports that it has acquired ten blocks in the Foz do Amazonas Basin and three blocks in the Pelotas Basin in the 5th Permanent Concession Offer Cycle of the National Agency of Petroleum, Natural Gas and Biofuels (ANP). In the Foz do Amazonas Basin, Petrobras acquired blocks FZA-M-1040, FZA-M-1042, FZA-M-188,... Continue Reading →
Staatsolie, Petronas sign production-sharing contract for deepwater block in Suriname
(Reuters) - Suriname's state energy company Staatsolie and an affiliate of Malaysia's oil firm Petronas on Tuesday signed a production-sharing contract for exploring and developing an offshore oil and gas block, Staatsolie said in a release. Suriname is on track to inaugurate offshore crude and natural gas output soon after foreign companies including TotalEnergies, APA and Petronas have... Continue Reading →