April 16 - Petrobras has completed the interconnection campaign of the Buzios 8 project, a step that enables the first oil from the P-79 platform in the Búzios field, in the Santos Basin. The unit will have the capacity to produce up to 180,000 barrels of oil per day and compress 7.2 million cubic meters... Continue Reading →
Colombian offshore project Sirius over halfway through prior consultations
April 16 (Reuters) - The Sirius offshore gas project in the Colombian Caribbean has completed more than half of its 120 required prior consultations, the head of Petrobras Colombia said on Thursday. The project is a joint venture between Brazil's Petrobras, which serves as operator with a 44.4% stake, and Colombia's state-run Ecopetrol, which holds... Continue Reading →
OceanX Energy: A new chapter on Energy Intelligence is here.
April 14 - OceanX Energy’s entry into the Brazilian market brings advanceddigitalization, data intelligence, and energy management solutions to thecountry’s offshore industry. OceanX Energy is building a future where accurate,real-time data powers every offshore decision; every asset operates atpeak efficiency; and every operation delivers maximum uptime andperformance. In partnership with its local partner in Brazil,... Continue Reading →
Floatel International announces contract with Equinor for accommodation vessel in the Bacalhau Field
April 14 - Floatel International announced that it has signed a contract with the Norwegian company Equinor for the charter of the accommodation vessel Floatel Victory to provide services in the Bacalhau field, in the Santos Basin. The contract for the MSU will last three months, with the possibility of extension if there is availability.... Continue Reading →
Mero Field to Receive US$450 Million Investment in Unprecedented Seismic Monitoring Project
April 14 - The Mero field will be the site of the world's most extensive seismic monitoring project, with an investment of US$450 million. This unprecedented project in deep waters will reveal data that will allow for a deeper understanding of the reservoir's behavior and its dynamics over time. The investment will be led by... Continue Reading →
Westwood sees Guyana exceeding 100 subsea trees by 2030
April 14 (oilnow.gy) Guyana is among the high-growth offshore markets expected to require more than 100 subsea trees by 2030, according to Westwood Global Energy Group in an April 13 LinkedIn post. “High-growth markets including Australia, China, and Guyana are each expected to exceed 100 units by 2030,” the firm said. The projection aligns with... Continue Reading →
Petrobras approves new investments in the Sergipe Deepwater Project
April 13, 2026 – Petróleo Brasileiro S.A. - Petrobras announces that its Board of Directors has today approved the final investment decision (FID) for the SEAP I project, in the Sergipe-Alagoas Basin, consolidating the development of Sergipe Deepwater (SEAP), a new oil and gas production frontier in the country. The FID for the SEAP II... Continue Reading →
Chevron, Shell to sign agreements for oil, gas areas in Venezuela, sources say
April 13 (Reuters) - Chevron is expected to sign agreements on Monday to return a gas field to Venezuela and participate in an extra heavy crude area in the country's main oil region, while Shell is set to sign a pact to receive the Loran gas field for operation, three sources close to the preparations said. The... Continue Reading →
Solstad’s Normand Fortress CSV Gets $56M Extension with Petrobras
April 13 (OE) Norwegian offshore vessel owner Solstad Maritime has secured a two-year extension of the current contract for the subsea construction vessel (CSV) Normand Fortress with Petrobras. The extension will start in early July 2026. Under the extended contract, the vessel will provide accommodation services to support production activities on the Brazilian continental shelf.... Continue Reading →
Exclusive: Shell seeks to begin gas output at massive Venezuela-Trinidad Loran Manatee field next year
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 →