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March 24 (Reuters) Norway's Equinor has begun drilling producer and injector wells for its offshore Raia natural gas project in Brazil, while also planning fresh exploratory activities in the South American nation, its top executive in the country told Reuters. The project in the Campos basin is on track to start production in 2028 and... Continue Reading →
March 24 - SBM Offshore is pleased to announce it has been awarded contracts by ExxonMobil Guyana Limited, an affiliate of Exxon Mobil Corporation, to perform Front End Engineering and Design (FEED) studies for a Floating Production, Storage and Offloading vessel (FPSO) for the Longtail development project in Guyana. The FEED contracts award triggers the... Continue Reading →
March 23 (oilnow.gy) Guyana will remain a net carbon sink through 2030 even as it expands oil production with multiple offshore projects, according to an environmental impact assessment (EIA) for ExxonMobil’s proposed Longtail development. The assessment, prepared by ExxonMobil consultant Acorn International, found that cumulative greenhouse gas emissions from existing activities, the Longtail project and associated... Continue Reading →
March 23 (oilnow.gy) ExxonMobil Guyana plans to boost production at its Yellowtail offshore oil project by roughly 10% as it conducts a new optimization study, company President Alistair Routledge said on March 19. Yellowtail, which started production in August 2025, reached its initial target production of 250,000 barrels per day (b/d) by November. ExxonMobil has since... Continue Reading →
March 23, 2026 - PRIO S.A. (the “Company” or “PRIO”) (B3: PRIO3), further to the Material Fact disclosed on March 19, 2026, informs that the first producing well of the Wahoo Field has reached stabilized production of 12,000 barrels of oil per day. The schedule for bringing the remaining wells online remains as planned, with... Continue Reading →
March 19 - IBAMA (Brazilian Institute of Environment and Renewable Natural Resources) issued a correction to the drilling license for block BM-C-33 in the Campos Basin, where the Raia field is located. In the document, the federal agency authorized the drilling of three wells in the area using the DS-17 drillship, operated by Valaris. IBAMA... Continue Reading →
March 19, 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 first producing well at the Wahoo Field. Following production stabilization and completion of fiscal metering procedures, the Company will release a further... Continue Reading →
March 18 (oilnow.gy) Halliburton and ExxonMobil Guyana Limited have completed the industry’s first fully automated closed-loop well placement offshore Guyana, the companies said in a March 16 release. The project was carried out with Sekal, Noble, and the Wells Alliance Guyana team. The automated workflow links geological data, well placement decisions, and rig control systems... Continue Reading →
March 18 (oilnow.gy) ExxonMobil Guyana Limited (EMGL) will continue development drilling at the Uaru Project’s UA_4P04 drill center in the Stabroek Block offshore Guyana, according to a notice from the Maritime Administration Department (MARAD). Operations began on March 12, 2026, within Guyana’s Exclusive Economic Zone. The MODU Noble Tom Madden is conducting the drilling campaign.... Continue Reading →
March 18, 2026 – Petróleo Brasileiro S.A. - Petrobras informs a new gas discovery in the Copoazu-1 exploratory well, located in Block GUA-OFF-O in deep waters offshore Colombia. This discovery consolidates the gas province and the gas potential in the Colombian offshore, while also adds a greater volume of gas to contribute to the region’s... Continue Reading →
Brazil Energy Insight 