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Nov. 5 (OE) Sercel announced the award of a five-year technical support and maintenance contract by ExxonMobil Guyana Ltd. for the Marlin Vessel Tracking and Alerts (VTA) software solution, delivered to the client in 2024. Sercel will provide comprehensive technical support, system maintenance, and ongoing software enhancements for the Marlin VTA solution currently being deployed... Continue Reading →
Nov. 5 (Reuters) Two consortia led separately by Malaysia's Petronas and U.S. Chevron have signed production-sharing contracts with Suriname's Staatsolie to explore and develop two offshore areas in the South American country, the state company said on Wednesday. Under the 30-year contracts, Staatsolie will conduct a competitive process to select foreign companies to explore and produce oil and... Continue Reading →
Nov. 4 (offshore-energy.biz) Foreseeing no financing woes to hinder its progress, Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, is eyeing refinancing opportunities for two floating production, storage, and offloading (FPSO) units with new project bonds on the cards next year. With a lease-and-operate model as the crown jewel of its... Continue Reading →
November 4 – PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3) announces its earnings for the third quarter of 2025. HIGHLIGHTS OF THE PERIOD Click here for the Earnings Release.
Nov. 2 (oilnow.gy) Exxon’s proposed Longtail project will mark Guyana’s entry into gas development, setting the stage for the country’s first non-associated gas production. The project, which targets a final investment decision in 2026, is expected to operate for three decades and feature the largest gas-handling facility ever built in the Stabroek Block. Key facts about Longtail: Focus: Longtail... Continue Reading →
Nov. 4 - EnerMech has embarked on a multi-year, high-value investment program across its Americas operations, reinforcing its long-term commitment to the region and its people. This strategic outlay reflects the company’s confidence in the market despite global headwinds, as it continues to build a future-ready business anchored in local capability, leadership and talent. The enhancement plan encompasses equipment, people and facilities across... Continue Reading →
ANP reports new record for the pre-salt layer, for the month of September with a production of 4.143 million barrels of oil equivalent per day. The volume represents an increase of 2.7% compared to the previous month and 12.5% compared to September 2024. Pre-salt production, which occurred through 169 wells, accounted for 81.1% of the... Continue Reading →
Oct. 31 - The Búzios field, operated by Petrobras in the Santos Basin, reached on Wednesday (10/29) a record daily average production of 1 million barrels per day, surpassing the previous mark of 900 thousand reached in August. The largest field in the country in reserves, Búzios is the second Petrobras field to exceed the production mark of 1 million barrels per day. The... Continue Reading →
Nov. 3 - Petrobras has contracted Allseas to provide a subsea solution with rigid risers for the Atapu-2 pre-salt field, located 230 kilometers off the coast of Rio de Janeiro. The contract, obtained through a bidding process, covers the design, acquisition, construction, and installation of 143 kilometers of rigid risers and pipelines in water depths... Continue Reading →
Oct. 29(Reuters) Brazil's state-run oil firm Petrobras is in negotiations with SBM Offshore over two floating production vessels to be commissioned for its Sergipe deepwater projects, Petrobras head of Exploration and Production said on Wednesday. Petrobras hopes to lower costs and speed up delivery of the two vessels, Sylvia Anjos said on the sidelines of the OTC conference in... Continue Reading →
Brazil Energy Insight 