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 →
Brava Energia: Arbitration Proceedings by Westlawn Energia Brasil Ltda.. – Atlanta Field
June 17 - BRAVA ENERGIA S.A. (“Brava” or the “Company”) (B3: BRAV3), hereby informs its investors and the market in general that it has received, on this date, a request for arbitration from Westlawn Energia Brasil Ltda. ("Westlawn"), in which Westlawn claims, among other matters, that the transaction announced by the Company involving Ecopetrol and the... Continue Reading →
PRIO: Production of the Fourth WAHOO Well
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 →
ExxonMobil returns to Barreleye as Stabroek exploration campaign continues offshore Guyana
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 →
Exxon lines up 35-well Stabroek drilling push as Guyana oil search stretches to 2033
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 →
Barbados could be sitting on 13 billion barrels of oil, rivaling Guyana’s Stabroek Block
June 15 (oilnow.gy) Barbados’ offshore acreage could hold more than 13 billion barrels of oil in place, based on seismic surveys and technical assessments, as the country advances direct negotiations for exploration licences across 19 offshore blocks. The figure adds scale to the offshore push already being advanced by the Mia Mottley administration. Barbados is seeking... Continue Reading →
Venezuela moves pacts forward with Shell, including Loran gas field
June 11 (Reuters) - Venezuela signed five agreements with British oil major Shell on Thursday to advance oil and gas projects, including the company's participation in the coveted 7-trillion-cubic-feet Loran offshore gas field, the government said. The country had signed preliminary agreements for these and other projects earlier this year with Shell, one of the few... Continue Reading →
Petrobras Updates Forecast and Expects to Complete Morpho Well Drilling on the Equatorial Margin in August
June 12 - Petrobras has updated its forecast for the completion of drilling at the Morpho well in the Foz do Amazonas Basin, off the coast of Amapá. The initial expectation was to finish work by the end of June, but the company informed IBAMA (Brazilian Institute of Environment and Renewable Natural Resources) that it... Continue Reading →
Hanwha Ocean-built FPSO’s oil offloading opens revenue flows for Petrobras
June 11 (offshore-energy.biz) Brazilian state-owned energy heavyweight Petrobras has initiated a revenue stream with the first oil offloading from its eighth floating production, storage and offloading (FPSO) unit, which is working at a field in the Santos Basin off the coast of Brazil. Following its departure from Hanwha Ocean’s South Korean shipyard in Geoje in November 2025,... Continue Reading →
Ocean Installer Announces Contract with Equinor for Well Tie-In Projects in the Bacalhau Field
June 11 - Ocean Installer, a wholly owned subsidiary of Moreld ASA, has been contracted by Equinor to execute the well tie-in scope for the Bacalhau field in the Santos Basin. The contract is for 4.5 years, with options for extension and rigid jumper fabrication. The scope includes the installation of rigid well jumpers between... Continue Reading →