Aug.11(PN) The Energy Research Company (EPE) recommended authorization for the construction and installation project of the Sergipe Aguas Profundas (SEAP) gas pipeline, presented by Petrobras. The project was analyzed in ongoing dialogue with the National Petroleum Agency (ANP), seeking to ensure the compatibility of the new infrastructure with national energy planning. "EPE's analysis indicated the... Continue Reading →
ONE GUYANA FPSO equipped to ensure uninterrupted gas handling offshore – GoG
Aug 8 (oilnow.gy) The Government of Guyana has confirmed that the ONE GUYANA floating production storage and offloading (FPSO) vessel is the first offshore unit in the country equipped with “full sparing on all gas processing compressors”. According to the government, this ensures “uninterrupted gas handling even during planned or unplanned maintenance events”. The vessel will produce... Continue Reading →
Colombia’s offshore energy hopes deflate amid poor discoveries, stricter regulations
Aug 8 (Reuters) - Hopes among foreign energy companies that Colombia's coast could serve as a key source of oil and gas for the future are being dashed as many exploration projects lag expectations, with unwelcomed regulation further deflating optimism. The disappointing finds and regulatory roadblocks are pushing some energy firms to abandon the Andean nation for... Continue Reading →
Brava Energia July 2025 production data
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 July 2025. The Company renewed its historical production record in July, reaching a daily average of 90.9 thousand boe, an increase of 6.0% compared to the average recorded in... Continue Reading →
MODEC Celebrates 15 and 10 Years of FPSOs MV20 and MV26
(TN) MODEC, a global leader in the operation of floating oil and gas production platforms, celebrates two important operational milestones this month: the 15th anniversary of the FPSO Cidade de Santos MV20 and the 10th anniversary of the FPSO Cidade de Itaguaí MV26. Together, the units have already surpassed the 465 million barrels of oil... Continue Reading →
EnerMech Nets BP’s Services Contract Extension off Trinidad & Tobago
(OE) July 31 - Energy industry services firm EnerMech has been awarded a two-year contract extension by BP Trinidad & Tobago to continue providing crane operations on the operator’s 12 offshore platforms in the Caribbean country. Project scope includes crane operations, preventive and corrective maintenance, minor modifications, and offshore audits, while EnerMech must also provide... Continue Reading →
Petrobras’ oil and natural gas production increases 5% to 2.9 million barrels in the second quarter of 2025
July 29, 2025 - Petrobras average production of oil, NGL and natural gas was 2.91 MMboed in 2Q25, 5.0% higher than 1Q25. This performance was mainly due to the ramp-up of FPSOs Almirante Tamandaré, in Búzios field, Maria Quitéria, in Jubarte field, Anita Garibaldi and Anna Nery, in Marlim and Voador fields, to Marechal Duque... Continue Reading →
TotalEnergies Reports 23% Drop in Second Quarter Income
(Reuters) TotalEnergies reported a 23% fall in second-quarter earnings on Thursday, as expected, the French oil major's worst performance in four years, as higher upstream production failed to offset lower earnings caused by the recent plunge in oil and gas prices. Adjusted net income fell to $3.6 billion for the three months to June 30... Continue Reading →
Baker Hughes beats second-quarter profit estimates on strong demand for natgas technology
(Reuters) -Oilfield services provider Baker Hughes surpassed Wall Street expectations for second-quarter profit on Tuesday, helped by robust demand for its natural gas services even as it warned of a drop in spending by oil producers. Baker Hughes joined its U.S. rivals Halliburton and SLB in warning of a slowdown in upstream activity and spending,... Continue Reading →
Equinor eyes tighter gas market as lower oil prices hit Q2 profit
July 23 (Reuters) - Europe's gas market could tighten further ahead of the winter season as storage levels remain well below last year and the continent faces competition from Asia for LNG shipments, the CEO of Norway's Equinor told Reuters on Wednesday. Europe's biggest gas producer said the prospect of a rebound in pipeline gas... Continue Reading →