Shape Digital and PRIO sign technology agreement to boost predictive maintenance and operational excellence in Brazilian offshore operations

Oct. 28 - Oil company PRIO has signed an agreement with Shape Digital, a developer of Artificial Intelligence (AI)-driven digital solutions, for the deployment of Shape Lighthouse, an Intelligent Asset Management platform designed to enhance operational reliability, reduce maintenance costs, and maximize production. The technology will be implemented across PRIO’s three Floating Production Storage and... Continue Reading →

October 28, 2025 0

Petrobras announces production record of FPSO Almirante Tamandaré (Búzios 7)

Oct. 28 – Petróleo Brasileiro S.A. – Petrobras announces that the FPSO Almirante Tamandaré, operating in the Búzios field, located in the pre-salt layer of the Santos Basin, reached a record instantaneous production flow equivalent to 270,000 barrels of oil per day (bpd) last Saturday (October 25). On average, the platform’s production exceeded 250,000 bpd... Continue Reading →

October 28, 2025 0

Petrobras Production & Sales Report 3Q25

Oct. 24 - Petrobras produced 2.52 million bpd of oil in Brazil in the quarter, up about 18%. Beyond the new 11 wells, the firm said the output increase came from a floating production vessel reaching peak production, another increasing capacity and four ramping up. The firm's total oil, gas and gas liquids production stood... Continue Reading →

October 25, 2025 0

PPSA will auction, in December, the Union’s first oil production from the Bacalhau field

Spot Auction will offer 4 million barrels with shipment scheduled between February and August 2026 Oct. 23 - PPSA (Pre-Salt Oil) began the process for holding the 5th Spot Oil Auction, scheduled for December 10, 2025. The event foresees the commercialization of four loads of 1 million barrels of oil from the Union each, coming... Continue Reading →

October 24, 2025 0

Tenaris pipe producer wins contract for Mexico’s first deepwater oil development

Oct. 24 (offshore-energy.biz) Texas-headquartered manufacturer of pipes and related services Tenaris has secured a contract for the delivery of casing and tubing for what will be Mexico’s first deepwater oil development. Tenaris’ scope includes the supply of 12,000 tons of casing and tubing, including 1,600 tons in the Super 13 Chrome steel grade, for the Trion... Continue Reading →

October 24, 2025 0

Guyana among few countries in the world where investments in O&G exploration remain robust

Oct. 23 (oilnow) While global oil and gas exploration has slowed dramatically over the past decade, Guyana stands as one of the few nations bucking the trend. According to Palzor Shenga, Vice President – Upstream Research at Rystad Energy, the South American country remains a leading light in an industry that has seen annual discoveries... Continue Reading →

October 23, 2025 0

Portugal’s Galp in advanced talks to choose partner for Mopane field in Namibia this year

Oct 21 (Reuters) - Portugal's Galp is in advanced talks with several oil majors to sell a 40% stake in its promising offshore Mopane field in Namibia and expects to choose a partner by the end of the year, Executive Board Member Nuno Bastos said on Tuesday. The Mopane field has estimated reserves of at least 10 billion... Continue Reading →

October 21, 2025 0

Prio Announces Resumption of Production at Peregrino Field, Following ANP Clearance

Oct. 17 (moneytimes) Prio obtained authorization from the National Agency of Petroleum, Natural Gas, and Biofuels (ANP) to resume production at the FPSO Peregrino, operated by Equinor. According to the relevant fact released to the market, the production ramp-up process will begin immediately. The shutdown occurred in mid-August of this year due to pending safety... Continue Reading →

October 17, 2025 0

McDermott delivers subsea project in Angola for TotalEnergies

Oct. 17 (offshore-energy.biz) U.S. offshore engineering and construction firm McDermott has delivered its first subsea project in Angola, as part of which it worked for TotalEnergies on the Begonia field development. McDermott announced on October 16 the completion of engineering, procurement, construction, installation (EPCI), pre-commissioning and commissioning activities for the development located in Block 17/06,... Continue Reading →

October 17, 2025 0

Guyana not taking any gas development off the table, vice president says

Oct 16 (Reuters) - Guyana's Vice President said on Thursday the country will not take any possible gas development off the negotiation table, including Exxon Mobil's future offshore projects. Exxon's eighth project, Longtail, is expected to be the first to develop non-associated gas in Guyana, and two more discoveries, Haimara and Pluma, could follow. An Exxon... Continue Reading →

October 16, 2025 0

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