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(OE) The seventh generation Atlantic Zonda drillship, managed by Ventura Offshore Midco, has started operations for Petrobras under a three-year drilling contract. The Atlantic Zonda is managed by Ventura Offshore through marketing and operating agreements with the rig owner, Eldorado Drilling, and the company will earn its management fees and reimbursable revenues from these agreements.... Continue Reading →
BRAVA ENERGIA S.A. (“Brava” or “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, hereby informs its investors and the market in general about the publication of the Reserve Certification Reports for the Company's main assets, with a reference date of December 31, 2024 ("Certification 2025"), prepared by the independent specialized consultancies DeGolyer and MacNaughton... Continue Reading →
(offshore-energy.biz) Australia’s oil and gas company Karoon Energy has set its cap on finding a partner ahead of making a final investment decision (FID) for an oil field discovery in the Santos Basin off the coast of Brazil. The firm is moving forward with the next stage of development, which includes the entry into the... Continue Reading →
(Reuters) - A consortium led by U.S. oil major Exxon Mobil is about to begin installing its fourth floating oil production facility in Guyana, the South American country's maritime regulator said in a notice on Tuesday. The floating production storage and offloading (FPSO) facility 'One Guyana,' built by SBM Offshore with a 250,000 barrel-per-day capacity, departed Singapore... Continue Reading →
The National Petroleum Agency (ANP) revealed today the blocks that will be part of the 5th Cycle of the Permanent Concession Offer (OPC), which will take place on June 17. In all, 16 blocks will be offered, in five sedimentary basins – four offshore and one onshore. One of the new features is the inclusion... Continue Reading →
BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, hereby informs its investors and the market in general that, yesterday, production began on wells 4H and 5H, which are currently undergoing testing and stabilization. Both wells have already produced through the early production system (FPSO Petrojarl I). With the connection... Continue Reading →
(OE) BW Energy has made final investment decision (FID) for the Golfinho Boost project, aiming to increase uptime, reduce operating expenses and add approximately 3,000 barrels per day of incremental oil production from 2027 at the Golfinho field offshore Brazil. The project includes multiple measures aimed at boosting production efficiency and increasing recoverable reserves... Continue Reading →
(oilnow.gy) According to its 2024 annual report, Hess Corporation plans to return 94% of its net undeveloped acreage, primarily to Guyana and Suriname, over the next three years. In Guyana, Hess has a 30% stake in the 6.6-million-acre Stabroek Block. A relinquishment of 20% of the block is due, minus exploration and production acreage, as well as... Continue Reading →
(Reuters) - Brazil's Petrobras is weighing opportunities from an oil block auction set to take place this year in India, said the state-run oil firm's head of exploration and production, Sylvia dos Anjos, on Thursday. Petrobras has already collected data to analyze the potential of the offshore areas on offer in deep and ultra-deep waters,... Continue Reading →
(OE) U.S. offshore drilling contractor Noble Corporation has secured a contract extension with Petrobras for its Noble Discoverer semis-submersible rig offshore Colombia. Petrobras Colombia has exercised, extending the contract for Noble Discoverer rig for an additional 390 days. This extends the contract to approximately August 14, 2026. An unpriced option for an additional extension into... Continue Reading →
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