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Oct 15 (Reuters) - Angola intends to implement faster exploration concessions from next year as part of a new long-term hydrocarbon strategy that aims to attract investment and stimulate oil and gas production, a senior government official said on the sidelines of an energy conference in Cape Town. Here are some details: The 25-year plan... Continue Reading →
Oct. 15 (offshore-energy.biz) Norway's TMC Compressors has been selected for the delivery of a compressed air system for a floating production, storage and offloading vessel (FPSO) that is currently being upgraded in China before deployment offshore Brazil for its third phase of life. The Maromba FPSO, formerly known as FPSO Polvo, is undergoing upgrades at... Continue Reading →
Oct. 13 (oilprice.com) Guyana, one of the world's newest oil exporters, is poised to surpass one million barrels per day in crude oil exports for the first time this December, marking another extraordinary milestone for the small South American country. According to Bloomberg, December's preliminary loading schedule includes 33 million barrels of crude exports, equivalent... Continue Reading →
October 13, 2026 – Petróleo Brasileiro S.A - Petrobras, further to the press release issued on May 4, 2026, informs that it has signed with Shell, TotalEnergies and Petrogal, partners in the BM‑S‑11A Consortium, the Cost and Volume Balancing Agreements (Acordos de Equalização de Gastos e Volumes – AEGVs) for Berbigão, Sururu and the Shared... Continue Reading →
Oct. 8 (OE) EnerMech has secured a contract by Subsea7 to provide pipeline and subsea pre-commissioning services for the Ginger offshore development project in Trinidad and Tobago. The contract covers testing, flushing, hydrotesting, water filling, leak testing and commissioning support activities to prepare the project's subsea production system for operation. The scope will support both... Continue Reading →
Rio de Janeiro, October 8, 2026 – Petróleo Brasileiro S.A. (Petrobras) announces that it participated in the 4th Production Sharing Permanent Offer Cycle and the 6th Concession Permanent Offer Cycle promoted by Brazil’s National Agency for Petroleum, Natural Gas and Biofuels (ANP). In the 4th Production Sharing Permanent Offer Cycle, the company acquired the Azurita... Continue Reading →
Oct. 8 (OE) Rockhopper Exploration has agreed to invest $44 million to acquire a 35% interest in the OSX-1 floating production, storage and offloading (FPSO) vessel, which is planned for the accelerated development of the Sea Lion oil field in the North Falkland Basin. The company has entered into a subscription agreement to acquire ordinary... Continue Reading →
Oct. 7 - The auction for the 4th Permanent Offer Cycle under the production-sharing regime concluded with seven blocks awarded out of a total of 13 areas offered by the National Agency of Petroleum (ANP). In total, the event generated R$ 530.46 million in signature bonuses and projects investments of R$ 778.42 million in the... Continue Reading →
Oct. 7 (OE) Nigeria has launched its 2026 oil and gas licensing round, offering 40 blocks spanning onshore, shallow-water and deepwater areas as the country seeks new investment and higher production. Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Chief Executive Oritsemeyiwa Eyesan announced the round following approval from President Bola Tinubu, with Nigerian and international investors... Continue Reading →
October 5, 2026 - PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices incorporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of September. Key:(1) At the Frade Field, the new producing well, MUP7, came online on September 5, with initial production of 5,000 barrels of oil per day.(2) Production... Continue Reading →
