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April 9 (Reuters) - Energy producer Shell plans to begin natural gas output in 2027 from the Loran-Manatee offshore field, which crosses the border of Venezuela and Trinidad and Tobago the chairman of Trinidad's National Gas Company, Gerald Ramdeen, told Reuters on Thursday. Shell is moving to accelerate gas projects in Venezuela under interim President Delcy... Continue Reading →
April 10 (ANP) The ANP (National Agency of Petroleum, Natural Gas and Biofuels) released today (April 10th) the Annual Resources and Reserves Bulletin (BAR) 2025. The publication provides consolidated information on Brazilian oil and natural gas reserves declared by companies operating exploration and production areas last year. In 2025, there was a 3.84% increase in... Continue Reading →
April 10 - Subsea7 wins a supermajor contract by Petrobras for the development of the Sépia 2 field in the Santos Basin offshore Brazil. The contract, awarded following a competitive tender, covers engineering, procurement, fabrication, installation and pre-commissioning of subsea umbilicals, risers and flowlines for the project. The company deemed the contract as supermajor, meaning... Continue Reading →
April 9, 2026 – Petróleo Brasileiro S.A. – Petrobras, following up on the announcement made on March 16, 2026, announces that it signed contracts today with Petronas Petróleo Brasil Ltda. for the acquisition of 50% interests in the Tartaruga Verde and Espadarte – Module III fields, located in the Campos Basin. Upon completion of the... Continue Reading →
April 9 - BRAVA ENERGIA S.A. (“Brava” or “Company”) (B3: BRAV3), informs its investors and the market in general of the preliminary and unaudited production data for the month of March 2026. Atlanta – Production was impacted by a targeted intervention carried out on one of the pumps operating within the asset. Potiguar – The... Continue Reading →
April 9 (oilprice.com) The latest global oil shock has created an ideal environment for Suriname’s struggling oil boom. The impoverished South American country of less than seven hundred thousand is endeavoring to launch a transformative oil boom. Poor drilling results, a high gas-to-oil ratio, and conflicting seismic data saw Suriname’s oil boom put on hold during 2022. There are,... Continue Reading →
April 8 - Petrobras has submitted the necessary information to IBAMA (Brazilian Institute of Environment and Renewable Natural Resources) to request authorization to drill three more wells in block FZA-M-59, in the Foz do Amazonas Basin, off the coast of Amapá. As is already known to the market, the oil company is currently drilling the... Continue Reading →
April 8 (OE) SLB has signed an agreement between Petronas Suriname, a subsidiary of Petronas and Subsea Integration Alliance, comprising SLB OneSubsea and Subsea7. The partnership aims to unlock resources in Suriname’s emerging frontier basin through innovative and cost-effective subsea solutions. The agreement establishes a long-term framework for collaboration across the project lifecycle. This approach... Continue Reading →
April 6 (oilnow.gy) Grenada is preparing to invite bids for offshore exploration licenses by the fourth quarter of 2026, as it positions itself for entry into the upstream hydrocarbons sector. “Grenada is open for business and working toward awarding licenses in fourth quarter of 2026, inviting interested parties to submit bids for exploration licenses,” said... Continue Reading →
April 6 (OE) Offshore drilling contractor Valaris has secured a multi-year contract extension with Petrobras offshore Brazil and entered into a strategic collaboration agreement with Petronas and Halliburton for offshore development in Suriname. The company said the drillship VALARIS DS-4 was awarded a 1,064-day contract extension with Petrobras, expected to begin in November 2027 in... Continue Reading →
Brazil Energy Insight 