Sept. 24 (oilnow.gy) ExxonMobil Guyana Limited (EMGL) continued developmental drilling on September 20 at the Yellowtail Project’s YT_1P10 drill center within the Stabroek Block. The Noble Don Taylor rig will carry out the operation until October 31, 2025, according to a recent notice from the Maritime Administration Department. The YT_1P10 drill center lies 105.7 nautical... Continue Reading →
Seatrium Secures ABS Backing for Deepwater FPSO Design
Seatrium has received Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for its proprietary FLEXHull 1500K-M floating production storage and offloading (FPSO) design. The AiP underscores Seatrium’s ability to deliver advanced solutions for deepwater oil and gas production, the company said. The FLEXHull 1500K-M is designed to handle topside loads of up... Continue Reading →
Equinor Completes Shallow-Water Section of the Raia Project Gas Pipeline
Sept. 23 (PN) Equinor has completed the 15-km shallow-water section of the Raia Gas Pipeline. The 200-kilometer line will connect the Raia FPSO to the gas transmission network near Cabiúnas, in Macaé, Rio de Janeiro. Operations are scheduled to begin in 2028. Installation of the shallow-water section took approximately two months. In the next stage,... Continue Reading →
Exxon greenlights $6.8 billion investment for Hammerhead project in Guyana
Sept 22 (Reuters) - Exxon Mobil said on Monday it greenlit funding its seventh development project in Guyana called Hammerhead, bringing its oil joint venture another step closer to its goal of producing 1.7 million barrels of oil equivalent per day by 2030 from the country. The prolific Stabroek Block off the coast of Guyana is... Continue Reading →
Omni Unmanned and SwissDrones Complete UAV Test on Offshore Platform in Brazil
Sept. 18 (TN) SwissDrones, a provider of advanced aerial intelligence solutions specializing in long-range unmanned helicopter systems, and Omni Unmanned, a leading air transport company serving the oil sector and part of the Omni Helicopters International (OHI) group, recently completed an offshore Proof of Concept test for an energy company in Brazil. The test included... Continue Reading →
South America’s Top 3 Fastest-Growing Oil Producers
Brazil's oil production growth is primarily driven by massive investments from Petrobras in prolific pre-salt offshore oilfields, aiming for 5 million barrels per day by 2030. Argentina has become a leading South American oil producer, with significant growth stemming from the successful exploitation of the vast Vaca Muerta shale formation. Guyana's oil production is surging... Continue Reading →
Deepwater frontiers calling: Yinson Production’s FPSO hull design with low-carbon kit wins DNV’s blessing
Sept. 18 (offshore-energy.biz) Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, has unveiled a purpose-built floating production storage and offloading (FPSO) hull design, which has secured main scantling approval (MSA) from DNV, a Norwegian classification society. This purpose-built FPSO hull design, equipped with a low-carbon toolset, enables the Malaysian giant... Continue Reading →
Trinidad and Tobago Gets Bids for Only Four Out of 26 Oil and Gas Blocks
Sept. 18 (Reuters) An auction of deepwater oil and gas exploration and production blocks in Trinidad and Tobago has failed to attract significant interest from foreign investors, with bids submitted for just four of the 26 areas on offer. The bidding round closed on Wednesday with bids from China's CNOOC for three areas and a... Continue Reading →
IBAMA Issuing Preliminary License for Stage 4 of Santos Basin Pre-Salt Development
Sept. 17 (PN) This week, Petrobras received a preliminary license from the Brazilian Institute of the Environment (IBAMA) for Stage 4 of the Santos Basin. The project aims to further expand the production and transportation of oil and natural gas from the pre-salt layer. The project involves the installation and operation of 10 platform ships,... Continue Reading →
PRIO Announces Installation License for Wahoo Field
September 15, 2025 – PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best corporate governance practices, informs its shareholders and the market in general that, on this date, the Brazilian Institute of the Environment and Natural Renewable Resources (“Ibama”) has granted the Installation License (“LI”) of the Wahoo Field Production Development System and interconnection of... Continue Reading →