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June 23 (OE) Italian energy services company Saipem has launched operations for the GranMorgu offshore project in Suriname with the arrival of the multi-purpose construction vessel Normand Navigator at the Jules Sedney Harbour commercial port in Paramaribo. The vessel is berthed and ready to begin preliminary activities for the project, which is located in Block... Continue Reading →
June 22 (Reuters) - Azule Energy, a joint venture between BP and Eni, and its partners have approved the $5.1 billion Greater PAJ offshore oil project in Angola, company and government officials said at a signing ceremony on Monday. Partners in the project, Angola's first integrated cross-block development, include Norway's Equinor, Angola's oil and gas agency... Continue Reading →
June 19 (OE) The shareholder in offshore drilling contractor Vantage Drilling have approved its proposed merger with Norway-based Eldorado Drilling, advancing a transaction that values Vantage's equity at approximately $258 million. The approval was secured at a special general meeting held in Bermuda on June 18, where shareholders voted in favor of all resolutions related... Continue Reading →
June 18 (offshore-energy.biz) A multi-client 3D seismic survey is on the agenda at one of the frontier regions in Brazilian waters, with Norway’s energy data and intelligence company TGS and its joint venture (JV) partner, U.S.-headquartered SLB, at the helm of the campaign that will help boost the hydrocarbon exploration momentum in the South American... Continue Reading →
June 17 (Reuters) Venezuela's state oil company PDVSA and Spanish energy group Repsol REP.MC have signed a crude and gas agreement to boost output in northwestern Venezuela, officials from the two companies said on Tuesday. PDVSA President Hector Obregon said at an event at the government palace the deal offers "exploration opportunities" on the eastern... Continue Reading →
June 16, 2026 - PRIO S.A. (the “Company” or “PRIO”) (B3: PRIO3), in compliance with best corporate governance practices, hereby informs its shareholders and the market in general that it has opened the fourth producing well at the Wahoo Field (“Field”), stabilizing its production at 10,000 barrels of oil per day. As a result, PRIO... Continue Reading →
June 16 (OE) Europe will require a dedicated fleet of around 65 CO2 carriers and a network of 33 ports by 2050 to support the large-scale deployment of carbon capture, utilization and storage (CCUS), according to a new study led by energy consultancy Xodus. The CCUS Enabling Infrastructure Study, prepared by Xodus on behalf of the... Continue Reading →
June 16 (OE) Oslo-listed consultancy company ABL Group plans to change its name to Aqualis, seeking to eliminate confusion created by the use of ABL as both the name of the listed parent company and one of its operating businesses. The group provides marine, energy, engineering and technical consulting services to the renewables, maritime and... Continue Reading →
June 16 (oilnow.gy) ExxonMobil Guyana is moving ahead with fresh exploration drilling at the Barreleye-3 well in the Stabroek Block, continuing work to evaluate one of the discoveries that could help shape the next wave of development offshore Guyana. The drilling campaign is scheduled to begin on June 13 and continue until August 31, 2026,... Continue Reading →
June 16 (oilnow.gy) ExxonMobil Guyana Limited has proposed a new exploration and appraisal drilling campaign that could see up to 35 wells drilled in the Stabroek Block between 2028 and 2033. The Guyana Environmental Protection Agency (EPA) announced on June 14 that it has opened a 28-day public consultation period on the proposed campaign, inviting... Continue Reading →
Brazil Energy Insight 