Jan. 28 (TN) The Government of Sergipe, through the State Secretariat for Economic Development and Science and Technology (Sedetec), continues to closely monitor the progress of the ‘Sergipe Deepwater’ project (Seap), after the National Agency of Petroleum, Natural Gas and Biofuels (ANP) approved the development plan for deepwater fields in the state. The decision was... Continue Reading →
BP, Shell seeking US licenses for gas fields shared with Venezuela, Trinidad minister says
Jan 28 (Reuters) - Shell and BP are seeking U.S. licenses to extract natural gas from fields in Trinidad and Tobago and Venezuela, the Caribbean country's energy minister Roodal Moonilal said on Wednesday. Trinidad is Latin America's largest liquefied natural gas exporter and one of the world's largest exporters of ammonia and methanol, but the Caribbean island... Continue Reading →
First ANP Meeting in 2026 Could Unlock Crucial Step for Sergipe Deepwater Project
Jan. 23 (eixos) The first ANP board meeting of 2026, scheduled for January 26th, has on its agenda the evaluation of the development plan for the Sergipe Deepwater project presented by Petrobras. Approval of the plan is one of the final steps to unlock one of the largest natural gas production projects planned for Brazil... Continue Reading →
Exxon to continue developmental drilling operations at Liza well site
Jan. 22 (oilnow.gy) ExxonMobil Guyana Limited (EMGL) will continue developmental drilling operations at the Liz_3P13 Drill Center, part of the Liza Phase 2 Project in the Stabroek Block, according to a Notice to Mariners issued by the Maritime Administration Department (MARAD) this week. The drilling campaign commenced on January 18, 2026, and will conclude on... Continue Reading →
TMC to Deliver Equipment for Mexico-Bound FSO
Jan. 22 (OE) TMC Compressors has secured a contract by COSCO Shipping Heavy Industry to deliver a complete marine compressed air system to SBM Offshore’s newbuild floating storage and offloading (FSO) unit Chalchi. The FSO Chalchi is bound for deployment at the Trion deepwater oil field, offshore Mexico, operated by Mexcian unit of Australia’s oil... Continue Reading →
U.S. Intervention in Venezuela Has Shored Up Guyana’s Oil Ambitions
Jan. 20 (oilprice.com) Oil production in South America’s Guyana has gone from strength to strength in recent years, as international oil majors develop several new oil-producing regions. This has led Guyana to become one of the most-promising oil producers in the Americas, with high hopes for the future of “low-carbon” oil production. Now, following the United... Continue Reading →
With refining spin off, Galp focuses on growing upstream in Brazil, Namibia
Jan 20 (Reuters) - Portuguese energy firm Galp will focus on growing its upstream business from oilfields in Brazil and Namibia and may list parts of its newly formed downstream business in a couple of years, its co-chief executive Joao Diogo Marques da Silva told Reuters on Tuesday. The company said earlier this month it was in... Continue Reading →
Inside Brazil’s Plan to Integrate Pre-Salt Gas and Diversify Supply
By Rystad Energy Jan. 19 (oilprice.com) The country faces the challenge of reinforcing its pipeline network to absorb growing pre-salt gas while managing declining imports from Bolivia. Although higher volumes of Argentine gas are expected to reach Brazil via Bolivia over the medium to long term, network upgrades will be required to ensure security of supply... Continue Reading →
MODEC Hires DOF for Mooring Job at ExxonMobil’s Oil Project off Guyana
Jan. 19 (OE) DOF Group has secured a large turn-key contract by MODEC Guyana to carry out mooring pre-lay work for the Hammerhead floating production, storage and offloading vessel (FPSO) unit, set for deployment at ExxonMobil’s project offshore Guyana. Under the contract, DOF’s North America subsea team will deliver project management, engineering, procurement, logistics, transportation... Continue Reading →
Support Vessels Contracted by Saipem Are Already En Route to the Campos Basin to Begin Construction of the Raia Gas Pipeline
Jan. 16 - Vessels Contracted by Saipem Are Already En Route to the Campos Basin to Begin Construction of Gas Pipeline Spliethoff, a company based in Amsterdam, has been contracted by the Italian company Saipem to provide engineering, drilling, and construction services for the Raia project gas pipeline in the Campos Basin. The Dutch company... Continue Reading →