Halliburton Secures Integrated Contracts for Drilling and Completion Services in Suriname

July 13 - Halliburton announced today (13) the signing of integrated contracts for well construction on the GranMorgu project—operated by TotalEnergies in the deep waters of Suriname. The agreement covers drilling and completion services for a long-term program and incorporates digital and automation solutions to enhance operational efficiency. "Securing these contracts demonstrates the value of... Continue Reading →

July 13, 2026 0

Study identifies major oil-generating sweet spot near Suriname’s Block 52

July 13 (oilnow.gy) A new basin modelling study has identified an area near Suriname’s Block 52 as the strongest oil-generating sweet spot along the Guyana-Suriname margin. GeoExpro published the study results on July 9, 2026. The research was conducted by Kenneth Shipper and Paul Mann of the University of Houston’s CBTH Project, along with Andrew Pepper of... Continue Reading →

July 13, 2026 0

TechnipFMC’s Subsea 2.0 system powers first oil at Brazil’s Wahoo project

July 13 (oilnow.gy) PRIO’s Wahoo project offshore Brazil has reached first oil using TechnipFMC’s Subsea 2.0® production system. TechnipFMC announced on July 13 via a LinkedIn post that the installation represents the first use of the technology in a Brazilian pre-salt field. “As a greenfield development enabled through a tie-back approach, Wahoo demonstrates how innovation can unlock... Continue Reading →

July 13, 2026 0

Uruguay’s Offshore Oil Province Could Be Bigger Than Vaca Muerta

CJuly 12 (oilprice.com) ompanies are gearing up for exploration drilling in deepwater blocks offshore Uruguay in the hope that the South Atlantic margin offshore South America could hold a lot of oil, similar to the recent discoveries offshore Namibia in Africa. Uruguay, with a limited exploration drilling history of three wells spudded, all dry,... Continue Reading →

July 13, 2026 0

Staatsolie gets fourth open acreage proposal in less than a month

July 10 (oilnow.gy) Staatsolie Maatschappij Suriname N.V. has received the fourth proposal under its Open Acreage model, extending a run of offshore proposal activity as Suriname works to advance its oil production ambitions. The state oil company announced on July 7, 2026, that it received a proposal for an area in Sector 2: SHO EAST,... Continue Reading →

July 10, 2026 0

Petrobras concludes acquisition of exploration block in São Tomé and Príncipe

July 9, 2026 – Petróleo Brasileiro S.A. – Petrobras, following up on the disclosure made on April 17, 2026, announces that it has concluded the acquisition of the interest in and operatorship for Block 3, located offshore São Tomé and Príncipe, in Africa. Upon completion of the transaction, the consortium is now composed of Petrobras... Continue Reading →

July 10, 2026 0

Equinor Advances RAIA Development and Completes Subsea Equipment Installation

July 8 (PN) Equinor has completed the installation of the PLEM (Pipeline End Manifold) for the Raia project at a depth of approximately 2,700 meters in the Campos Basin. This subsea equipment connects the FPSO risers to the pipeline that will transport natural gas to shore. The Raia pipeline will span approximately 200 kilometers, linking... Continue Reading →

July 9, 2026 0

Karoon Completes Well Intervention at BAÚNA FIELD and Announces Production Growth

July 8 (PN) Karoon Energy recorded an increase in production at the Baúna field, in the Santos Basin, following the completion of an intervention on well SPS-92, which resumed operations after the replacement of its electric submersible pump (ESP). The well's output reached 8,600 barrels of oil equivalent per day (boe/d), raising the field's total... Continue Reading →

July 9, 2026 0

Markets Awaits Outcome of the Albacora FPSO Tender on July 27

July 8 (PN) After several postponements, Petrobras is expected to stick to the deadline for opening bid envelopes for the FPSO that will operate in the Albacora field revitalization project in the Campos Basin. The tender process, originally launched in March 2025, has faced several delays along the way. The current deadline for submitting proposals... Continue Reading →

July 9, 2026 0

Guyana earns almost US$2B from oil in first half of 2026

July 8 (oilnow.gy) Guyana received just under US$2 billion in petroleum revenues during the first six months of 2026, according to official notifications published in the Official Gazette. The two Gazette notifications show that US$1.996 billion was deposited into the Natural Resource Fund (NRF) between January and June through profit oil and royalty payments generated... Continue Reading →

July 8, 2026 0

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Category: Offshore blocks

Halliburton Secures Integrated Contracts for Drilling and Completion Services in Suriname

Study identifies major oil-generating sweet spot near Suriname’s Block 52

TechnipFMC’s Subsea 2.0 system powers first oil at Brazil’s Wahoo project

Uruguay’s Offshore Oil Province Could Be Bigger Than Vaca Muerta

Staatsolie gets fourth open acreage proposal in less than a month

Petrobras concludes acquisition of exploration block in São Tomé and Príncipe

Equinor Advances RAIA Development and Completes Subsea Equipment Installation

Karoon Completes Well Intervention at BAÚNA FIELD and Announces Production Growth

Markets Awaits Outcome of the Albacora FPSO Tender on July 27

Guyana earns almost US$2B from oil in first half of 2026

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