Brought to you by Quest Offshore & Southern Cone Consultants
Sept 4 (Reuters) - Italian oil company Eni has improved its chances of recovering more than $2.3 billion owed by Venezuela with the signing this week of a new oil project deal in the country, analysts said on Friday. After nearly three decades in Venezuela, Eni has accumulated those receivables from state-owned oil group PDVSA. As Washington and... Continue Reading →
Rio de Janeiro, September 2, 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 August. Key: (1) Production at the Albacora Leste field was affected by a partial scheduled shutdown for cooling system maintenance. (2) At the Bravo... Continue Reading →
Sept 2 (Reuters) - Several international energy firms, including Eni, GE Vernova and Chevron committed on Wednesday to project expansions to boost oil output in Venezuela, in a signing ceremony in Caracas overseen by interim President Delcy Rodriguez and U.S. Energy Secretary Chris Wright. The deals are separate from a Caracas-Washington deal recently unveiled that gives the U.S. access to... Continue Reading →
Sept. 2 (OE) Woodside Energy has signed a non-binding Memorandum of Understanding (MoU) with Petróleos Mexicanos (PEMEX) that will allow analysis of potential future opportunities for exploration and extraction of hydrocarbons in the deep waters of the Gulf of Mexico. It will also facilitate the mutual exchange of technical knowledge, experience, and industry best practices... Continue Reading →
Sept. 2 (PN) Petrobras does not rule out the possibility of conducting simultaneous drilling operations using two rigs in Block FZA-M-59, located in the Foz do Amazonas Basin, at some point in the future. This possibility was discussed with the Brazilian Institute of the Environment and Renewable Natural Resources (Ibama) during a meeting in late... Continue Reading →
Sept. 2 - Shell has signed an agreement with bp to acquire a 50% stake in the Tupinambá exploration block, located in the Santos Basin, as well as a 30% interest in five concessions comprising the Conifer exploration prospect in the Paleogene province of the deepwater US Gulf of Mexico. bp will retain the remaining... Continue Reading →
Sept. 2 (oilnow.gy) TechnipFMC has reached delivery readiness for its 200th subsea tree for offshore projects in Guyana. The company announced the milestone on September 1. It credited the expertise and collaboration of its team for supporting ExxonMobil Guyana’s offshore developments. “Recently, we reached a major milestone with the manufacturing and delivery readiness of the 200th subsea... Continue Reading →
Sept. 1- ANP releases Brazil oil and gas production data for July 2026, 5.851 million barrels of oil equivalent per day (boe/d) of oil and natural gas. Regarding oil, 4.498 million barrels per day (bbl/d) were extracted, an increase of 0.5% compared to the previous month and 13.6% compared to the same month in 2025.... Continue Reading →
Aug. 31 (oilnow.gy) PETRONAS has logged eight successful wells in Suriname’s offshore Block 52 since launching its drilling program there in 2016. The wells have identified oil and gas resources exceeding one billion barrels of oil equivalent. They also support the company’s assessment of potential commercial developments in the block. The eight wells are Roselle-1,... Continue Reading →
Aug. 31 (OE) Eni has, together with MIWEN (a wholly owned subsidiary of YPF) and the Uruguayan National Oil Company ANCAP, signed an official agreement for the entry in the OFF-5 exploration block offshore Uruguay, following approval by the Uruguayan authorities. Eni is now the operator of the OFF-5 block with a 50% interest, alongside... Continue Reading →
