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Nov. 7 - The countries with the most FPSOs in the world concentrate large-scale offshore production; the pre-salt layer drives demand for offshore logistics and strengthens maritime operations in the sector. The global map of countries with the most FPSOs in the world reveals a reshaping of power in offshore production. Brazil leads with 46... Continue Reading →
Nov. 7 - Petrobras has obtained permission from the Brazilian environmental agency Ibama to expand the capacity of six oil production platforms by a total of 115,000 barrels per day (bpd), the company announced Thursday in a presentation published to the market. The impact of this expansion will contribute to an increase of 90,000 bpd... Continue Reading →
Nov. 7 (oilprice.com) Oil production from offshore Brazil, Guyana and Suriname, as well as Argentina’s Vaca Muerta shale is well-positioned to supply cost-competitive barrels until 2030. Global oil demand is expected to remain robust throughout the 2030s, putting pressure on currently producing assets to keep pace. Rystad Energy’s research forecasts global liquids demand to peak... Continue Reading →
Nov. 6 - Petrobras achieved a net profit of R$ 32.7 billion (US$ 6 billion) in the third quarter of 2025. Compared to the second quarter of 2025, profit grew by 23%. The operational performance of this quarter, driven by oil and gas production of 3.14 MMboed (million barrels of oil equivalent per day), led... Continue Reading →
BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), informs its investors and the market in general the preliminary and unaudited production data for the month of October 2025. The company recorded an average of 85,200 barrels in October. Highlights include Papa-Terra, which posted its best monthly production since the acquisition in December 2022, and Parque... Continue Reading →
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 →
Brazil Energy Insight 