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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 May 2025. Brava renewed its historical production record in May, reaching a daily average of 88.6 thousand boe, an increase of 8% compared to the previous month. This result... Continue Reading →
(Reuters) Energy producer Shell has made a positive final investment decision on its Aphrodite gas project offshore Trinidad and Tobago, the company said on Tuesday. The project is expected to produce first gas in 2027 and have a peak production of 18,400 barrels of oil equivalent per day, it added in a release. Shell is... Continue Reading →
(Reuters) - An oil-producing consortium in Guyana comprising Exxon Mobil, Hess and CNOOC posted a 64% surge in 2024 profit to $10.4 billion, Exxon said on Tuesday, as facility updates allowed sustained output growth. Due to fast production expansion and relatively low government royalties and taxes, Guyana has become a profitable operation for the group's members, which... Continue Reading →
(OE) EOG Resources Trinidad (EOG) and BP Trinidad and Tobago, equal joint venture partners in the Mento development, have produced first gas at the field off Trinidad’s southeast coast. The Mento development features a 12-slot, attended facility that is located in acreage jointly licensed by EOG and BP Trinidad and Tobago, owned by BP (70%)... Continue Reading →
(OE) Perenco Trinidad & Tobago (T&T), as the operator of the Teak, Samaan and Poui (TSP) fields, has found gas as part of a drilling campaign at the Onyx field, offshore Trinidad and Tobago. The two legs, at the Onyx well and sidetrack in the eastern part of the Onyx field, encountered significant columns of natural gas... Continue Reading →
(PN) Petrobras' Director of Exploration and Production, Sylvia dos Anjos, detailed the company's next steps in Brazil and abroad during a press conference. One of the company's focuses continues to be the Aram area, in the pre-salt layer of the Santos Basin, where two new drillings are planned, following the second discovery of oil in... Continue Reading →
(OM) Petrobras has upped its oil and gas exploration budget to develop new frontiers and expand production, even as it intends to foster the “energy transition” and work towards the Net Zero by 2050 goal. Those were among the thoughts offered by Petrobras CEO Magda Chambriard at a technical session held on Monday at the... Continue Reading →
(offshore-energt.biz) Isle of Man-headquartered oil and gas company Challenger Energy Group (CEG) has provided updates on the reprocessing work being carried out offshore Uruguay and the sale of its assets onshore Trinidad and Tobago. Expressing satisfaction with how Challenger Energy is currently positioned, the oil and gas company’s CEO, Eytan Uliel, said in a recent update that his... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the communication of November 11, 2024, informs that the second module of the Natural Gas Processing Unit (UPGN) of the Boaventura Energy Complex, located in Itaboraí (RJ), went into commercial operation. Added to the first module, inaugurated last year, the unit's total processing capacity reaches 21 million... Continue Reading →
(OE) Pan American Energy and its partners Pampa Energia, Harbour Energy, YPF, and Golar LNG have taken the final investment decision (FID) for the Southern Energy floating liquefied natural gas (FLNG) export project in Argentina. The Southern Energy FLNG project which envisages deploying two of Golar LNG's FLNG vessels - the Hilli Episeyo and MK... Continue Reading →
