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Oct. 1 - ANP reports that in August 2026, Brazil produced 6.002 million barrels of oil equivalent per day (boe/d) of oil and natural gas. Regarding oil, 4.615 million barrels per day (bbl/d) were extracted, an increase of 2.6% compared to the previous month and 18.4% compared to the same month in 2025. Natural gas... Continue Reading →
Sept. 30 - The P-80 platform departed the Tuas Boulevard Yard in Singapore on Wednesday ( (September 30th), bound for the Búzios field in the pre-salt Santos Basin, Brazil’s largest field in terms of reserves and production. With the capacity to produce 225,000 barrels of oil and process 12 million cubic meters of gas per... Continue Reading →
Sept. 29 (OE) China-based BOMESC Offshore Engineering's wholly owned subsidiary Tianjin BOMESC has signed a contract with SBM Offshore for the design, procurement and construction of topside modules for a floating production, storage and offloading (FPSO) destined for South America. Tianjin BOMESC Offshore Engineering will build the modules at the company's Lingang Offshore Heavy Industry... Continue Reading →
Sept. 28 (Exxon) Producing one billion barrels of oil is an extraordinary milestone anywhere in the world. In Guyana, it represents a story of vision, partnership, and excellence that has reshaped the nation and the global energy landscape. Just over a decade ago, ExxonMobil and our co-venturers made a world-class discovery in Guyana's Stabroek block.... Continue Reading →
Sept. 28 (offshore-energy.biz) Just three months after installing a brand-new electrical system to boost its flagship Brazilian offshore field, Karoon Energy, an ASX-listed international oil and gas exploration and production player, is heading back to the drawing board. After noting a fault on the monitoring system of the SPS-92 well at the Baúna field, Karoon... Continue Reading →
Sept. 24 - Petrobras plans to install a production platform at the Mãe de Ouro field—which has not yet been drilled—in the Potiguar Basin, should the discovery's potential be confirmed, stated Petrobras CEO Magda Chambriard. Ibama authorized offshore drilling for this block and three others in March of this year. "If this discovery plays out... Continue Reading →
Sept. 23- Petrobras has entered the commercial negotiation phase with the Malaysian builder and operator Yinson regarding the Albacora FPSO (P-88)—a project led by the state-owned company in the Campos Basin. The proposal was deemed valid by the company's technical team, and Petrobras will now negotiate for "better terms." Yinson submitted the lowest price in... Continue Reading →
Sept. 22 (oilnow.gy) Production from Guyana’s Yellowtail development in the Stabroek Block is expected to ramp up further before year-end, with ExxonMobil studying an optimization that could lift output from the ONE GUYANA floating production, storage and offloading (FPSO) vessel to around 290,000 barrels per day (b/d). The move to increase Yellowtail’s production by about... Continue Reading →
Sept. 22 (OE) Petrobras, Shell and Strohm have completed a qualification and offshore field trial program for a thermoplastic composite pipe flowline designed for high-CO2 conditions in Brazil's deepwater pre-salt, clearing the way for a Petrobras pilot installation planned for early 2027. The joint industry program included full-scale qualification and offshore trials of Strohm's corrosion-free... Continue Reading →
Sept. 21 (oilnow.gy) Guyana’s first competitive offshore licensing round attracted global energy companies and tested stronger fiscal terms. However, the government will need to improve the speed, certainty, and data supporting the process before offering more blocks. The government has indicated an interest in another licensing round as it seeks to widen exploration beyond the... Continue Reading →
