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Dec. 22 - The Brazilian National Petroleum Agency (ANP) has given its approval for the start of operations of the FPSO P-78 in the Búzios field, in the pre-salt layer of the Santos Basin. The vessel has a production capacity of 180,000 barrels of oil, in addition to compressing 7.2 million m³ of gas per... Continue Reading →
Dec. 19 - Petrobras has approved the final investment decision for the development of the Sergipe Deepwater Project Module 2 (SEAP II), in the Sergipe-Alagoas Basin. The project is strategic for expanding the availability of domestic gas, as well as opening a new production frontier in the Northeast region. The SEAP II project encompasses deposits... Continue Reading →
Dec. 15 (TN) Last week, the Ministry of Mines and Energy (MME) and the Energy Research Company (EPE) released the Natural Gas Booklet of the Ten-Year Energy Expansion Plan 2035 (PDE 2035). The document projects a significant increase in national gas production, driven mainly by the pre-salt layer and new initiatives with offshore processing, such... Continue Reading →
Dec. 15 (OE) MISC and China Offshore Engineering & Technology Company have received the Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for their design of an ammonia floating production storage and offloading (FPSO). This innovative floater solution adapts proven onshore production technology for offshore operations, transforming unutilized hydrocarbon gas from nearby... Continue Reading →
Dec 10 (Reuters) - Trinidad and Tobago's government is waiting for a development plan from energy producer Shell to push forward the Aphrodite offshore gas project, documents seen by Reuters showed. Shell said in June that it had made a positive final investment decision on the discovery, which is expected to produce first gas in 2027 and have... Continue Reading →
Dec. 9 (oilnow.gy) Suriname’s long-discussed gas-to-shore ambitions are gaining new momentum following PETRONAS’ recent declaration of commerciality for the Sloanea field in Block 52. The Sloanea-1 discovery, drilled in 2020, is now confirmed as a commercially viable gas field following appraisal work and technical studies carried out over the past two years. PETRONAS holds an 80... Continue Reading →
Dec 4 (Reuters) - The chief executive of Argentina's state-controlled energy company YPF expects a final investment decision on a $20 billion, 12 million metric ton per year liquefied natural gas project around the middle of next year, he told Reuters on Thursday. Horacio Marin added that he expected YPF and its partners in the project,... Continue Reading →
Dec. 4 - 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 November 2025. The company recorded an average production of 70,3 thousand boe/d during the period. The month's result was impacted by scheduled maintenance at Papa-Terra and... Continue Reading →
Nov. 25 - Petrobras' Bidding Committee announced that it has approved SBM Offshore's proposal in the tender for contracting the Sergipe Deepwater FPSO (SEAP) vessels. The approval was given during the proposal effectiveness evaluation phase. It's worth noting that SBM Offshore offered the lowest prices in the FPSO tender. The Dutch company submitted a total... Continue Reading →
Nov. 14 - Petrobras has postponed the deadline for receiving proposals for the construction of the platform that will serve the revitalization project of the Albacora field in the Campos Basin to May 25, 2026. The tender, originally announced in March 2025, stipulated a deadline of December 15, 2025. According to the company, the postponement... Continue Reading →
