Dec. 8 - Petrobras launched a tender for the reuse of the topsides (production modules) of the P-35 and P-37 platforms, which operated in the Marlim field, in the Campos Basin, with the aim of modernizing them and reusing them in other projects, as a more economical alternative to decommissioning, taking advantage of the hulls... Continue Reading →
Oil majors unite to oppose Subsea7-Saipem merger in Brazil antitrust case
Dec 2 (Reuters) - Oil majors operating in Brazil have closed ranks to oppose a proposed merger between energy contractors Subsea7 and Saipem, and antitrust agency Cade has asked the two firms to provide its probe with new data on Friday, public documents seen by Reuters show. The resulting new firm, to be called Saipem7, would have... Continue Reading →
Acteon inks three-year Petrobras contract for enhanced mooring asset integrity
Dec. 2 - Intermoor, Acteon’s Moorings and Anchors business line, has been awarded a three-year contract by Petrobras, following a Memorandum of Understanding (MoU) signed at the Offshore Technology Conference (OTC) in Houston in May 2025. With work due to commence in December 2025, Intermoor will deliver comprehensive quality assurance and traceability services across Petrobras’... Continue Reading →
TGS Begins Survey in the Pelotas Basin
Dec. 1 (TN) TGS began, this Saturday (November 29th), 3D marine seismic survey in the Pelotas sedimentary basin, Pelotas Norte Phase I program, 96 kilometers off the coast of the municipality of Laguna, in Santa Catarina, between the municipalities of Florianópolis and Palmares do Sul, at depths greater than 200 meters. The research area was... Continue Reading →
Equatorial Margin to Receive Largest Share of Petrobras’ Exploration Investments, with 15 New Wells
Nov. 28 - The company's new strategic plan for the period between 2026 and 2030 reveals a paradigm shift in the search for new reserves. Although the pre-salt layer will continue to receive a significant amount of investment, the Equatorial Margin will receive the largest share of the state-owned company's resources over the next five... Continue Reading →
Stabroek Block reaches 51 discoveries as Liza’s breakthrough continues to shape Guyana’s oil future
Nov. 25 (oilnow.gy) Guyana’s Stabroek Block now has 51 discoveries filed with the Ministry of Natural Resources. ExxonMobil confirmed the figure in a release on Sunday, stating, “We have announced more than 30 significant discoveries in the Stabroek Block, while filing 51 Notices of Discovery with the Ministry.” ‘Significant discoveries’ are those that materially impact... Continue Reading →
Guyana’s four FPSOs set a new pace for deep-water oil development
Nov. 24 (oilnow.gy) The four floating production, storage and offloading vessels operating in the Stabroek Block have become the backbone of Guyana’s offshore industry, each larger and more advanced than the last. Together, Liza Destiny, Liza Unity, Prosperity and ONE GUYANA have pushed national output beyond 900,000 barrels per day, demonstrating how quickly ExxonMobil has... Continue Reading →
SISTAC Renews Contract with DOF Subsea for Pipeline Maintenance and Inspection
Nov. 21 - SISTAC, a company operating in the Brazilian market for inspection, maintenance, and repair of submerged structures for the oil and gas industry, has signed a long-term contract addendum with the Norwegian company DOF Subsea for operations in the Campos, Santos, and Espírito Santo basins. The partnership guarantees the continued use of divers... Continue Reading →
BW Energy Confirms Liquid Hydrocarbons in Namibia’s Kudu Block
Nov 19 (OE) BW Energy has completed drilling operations on the Kharas-1 appraisal well in the Kudu license area, offshore Namibia, confirming the presence of hydrocarbons. The well, drilled with Odfjell Drilling-managed Deepsea Mira rig, reached a total depth of 5,100 m and intersected multiple reservoir intervals. The well will now be plugged, and abandoned... Continue Reading →
Petrobras Extends Charter of Transocean Deepwater Mykonos Drillship
Nov. 19 - Petrobras has extended the charter of the Transocean Deepwater Mykonos rig. The charter period, previously scheduled to end in October of this year, has been extended by 60 days, until December, with an option for another 120 days, until April 2026 Built at the Samsung Heavy Industries shipyard in South Korea, the... Continue Reading →