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March 18, 2026 – Petróleo Brasileiro S.A. - Petrobras informs a new gas discovery in the Copoazu-1 exploratory well, located in Block GUA-OFF-O in deep waters offshore Colombia. This discovery consolidates the gas province and the gas potential in the Colombian offshore, while also adds a greater volume of gas to contribute to the region’s... Continue Reading →
March 17 (Reuters) - Bolivian President Rodrigo Paz said on Tuesday that his country wanted to restart a relationship with Brazilian state oil firm Petrobras (PETR3.SA), opens new tab under new, clearer energy regulations. Paz said his government was working to quickly update the regulations to make them fair for Bolivia and foreign investors, and that its... Continue Reading →
March 17 (offshoreWIND.biz) The US government is working on settlement agreements that involve the government cancelling TotalEnergies’ Attentive Energy and Carolina Long Bay offshore wind leases and reimbursing the French energy company USD 928 million (around EUR 806 million) for the financial bids through which it secured the two areas in lease sales during the... Continue Reading →
March 16 (oilnow.gy) ExxonMobil has submitted the environmental impact assessment and environmental impact statement for the proposed Longtail development offshore Guyana, a key step toward the country’s first non-associated gas project. The documents were filed with the Environmental Protection Agency, according to a public notice. Exxon’s consultant Acorn International conducted the assessment. Members of the... Continue Reading →
March 14 (Reuters) - Colombia's Energy Minister Edwin Palma said Venezuela's state oil company PDVSA intends to end a contract with Colombia's Ecopetrol over the Antonio Ricaurte pipeline, saying there was insufficient investment to repair it. In a post on X on Saturday, Palma said the government plans to meet with the U.S. government on... Continue Reading →
March 15 (Reuters) Venezuela and Spanish energy group Repsol have signed "strategic agreements," the government of the South American country said in a statement on Thursday. Speaking on state-run television, acting President Delcy Rodriguez said the agreement will allow for gas production at Cardon IV, which is a 50-50 joint venture between Repsol and Italy's... Continue Reading →
March 11 (Reuters) - Colombia and Venezuela have agreed to repair a damaged section of a binational pipeline that will allow Bogota to import natural gas from its neighbor, Colombia's energy ministry said on Wednesday. The Antonio Ricaurte gas pipeline has been inactive for years. A roadmap for re-establishing operations was outlined in a meeting... Continue Reading →
March 11 (OE) Energy and marine consultancy ABL has been contracted to provide marine warranty survey services for marine operations and installation activities on ExxonMobil’s Hammerhead development offshore Guyana. The Hammerhead project is expected to be the seventh development in the Stabroek Block, located around 200 km offshore Guyana in water depths ranging from 850... Continue Reading →
March 11 (OE) The first gas injection on Petrobras’ P-78 floating production, storage and offloading (FPSO) unit has been achieved just 61 days after the vessel reached first oil on December 31, 2025. The milestone, achieved on March 2, 2026, marks the transition of the vessel toward full operational readiness and expands production capability at... Continue Reading →
March 30 - Equinor has reached a significant milestone in the construction of the Raia FPSO (BM-C-33 project) with the completion of the lifting of modules at the Seatrium Angra dos Reis shipyard (formerly BrasFELS). In November 2025, the modules manufactured in Brazil were completed and shipped to Singapore, where they will be integrated into... Continue Reading →
