Brava Energia updates on the Papa-Terra Field

BRAVA ENERGIA S.A. in compliance with the provisions of CVM Resolution No. 44, hereby informs its shareholders and the market in general of the following updates on the Papa-Terra field. (i) Final authorization for the Papa-Terra field measurement systems On January 26, 2025, the Company obtained the definitive authorization from the Oil and Natural Gas... Continue Reading →

World first oil and gas safety measure installed on four drilling ships in South America 

Salunda, the global leader in digitised solutions for safety critical industries, has integrated its Red Zone monitoring solutions on four drilling rigs in Guyana with Intellilift’s proven digital technologies to deliver automated location and control of critical equipment and personnel.   The collaboration – on assets belonging to a major offshore drilling contractor - marks the... Continue Reading →

TGS and Petrobras launch advanced imaging centers in Brazil to boost offshore energy exploration

(offshore-energy.biz) Norway-based energy data and intelligence company TGS has launched advanced imaging centers in collaboration with Brazilian state-owned energy giant Petrobras to improve subsurface data interpretation for the Campos and Santos basins offshore Brazil.  TGS noted that these centers, based at Petrobras’ Rio de Janeiro offices, will focus on ocean bottom nodes (OBNs) and 4D... Continue Reading →

Six FPSOs targeting over five billion barrels of oil at Stabroek Block – Hess

(oilnow.gy) Hess Corporation has revealed that nearly half of the Stabroek Block’s massive 11.6-billion-barrel reserve will be tapped with six production vessels.  “With the six ships that we have already sanctioned, we’re going to be developing over five billion barrels of that 11 billion barrels equivalent [and] there’s more to come,” Chief Executive Officer John Hess said... Continue Reading →

TotalEnergies Prepares to Start Drilling in Suriname

(oilprice.com) TotalEnergies will start drilling for oil and gas in Block 64 offshore Suriname in May, a company executive told Reuters this week, saying the company was currently tallying the final tab for the project and organizing the future well operations. TotalEnergies has a 40% stake in Block 64, which it shares with QatarEnergy and Malaysia’s Petronas, both with... Continue Reading →

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