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(Reuters) More than 20 companies including Exxon Mobil, a unit of Saudi Aramco, BP and Shell have submitted bids to compete for a contract to market Guyana's share of oil production, the government said on Tuesday. The 12-month contract, which allows the country to export its portion of crude produced offshore by a consortium led... Continue Reading →
(TN) The Caraguatatuba (UTGCA) and Cabiúnas (UTGCAB) natural gas processing units, belonging to Petrobras, broke a gas processing record from the Santos Basin Pre-Salt, in September. During the period, the mark of 28.96 million m³/d of gas was reached, surpassing the previous record of 27.27 million m³/d reached in March 2022. Currently, gas from the... Continue Reading →
(Reuters) - Exxon Mobil Corp. (XOM.N) expects to make a final investment decision on its sixth oil project in Guyana by the first quarter of 2024, the company's country chief Alistair Routledge said on Tuesday. In August, Exxon and partners proposed a plan to spend $12.93 billion to develop the Whiptail offshore oil project. The floating production... Continue Reading →
(OET) Brazilian state-owned oil and gas giant Petrobras has awarded compatriot offshore oil and gas services provider Ocyan with a contract to carry out the revitalization of a network of gas pipelines in the Campos Basin. The contract, valued at approximately $317.49 million, is expected to last four and a half years and will revamp the... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it broke its quarterly record for operated oil and gas production in the third quarter of this year, with 3.98 MMboed (million barrels of oil equivalent per day), 7.8% above the second quarter. It also achieved a monthly record for operated production in September, with a volume of... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it broke its quarterly record for operated oil and gas production in the third quarter of this year, with 3.98 million barrels of oil equivalent (boe), 7.8% above the second quarter. It also achieved a monthly record for operated production in September, with a volume of 4.1 million... Continue Reading →
SBM Offshore is pleased to announce it has been awarded contracts to perform Front End Engineering and Design (FEED) for a Floating Production, Storage and Offloading vessel (FPSO) for the Whiptail development project in Guyana. Following FEED and subject to government approvals in Guyana of the development plan, project sanction including final investment decision by... Continue Reading →
(Reuters) Angola's largest private oil and gas company Azule Energy plans to raise production by around 14% to 250,000 barrels per day (bpd) by 2026, its CEO said on Thursday, in a boost to the country's plans to turn around flagging output. Azule Energy, a 50/50 joint venture between Eni and BP formed last year when the... Continue Reading →
(OET) Brazilian oil and gas player Enauta has changed the timeline for the restart of production from a floating, production, storage, and offloading (FPSO) vessel, which is working on a field off Brazil. This FPSO is now anticipated to come back online by November 2023. Originally, the production was expected to resume by early September... Continue Reading →
(Reuters) Italy's Eni hopes to reach a final investment decision on its second floating liquefied natural gas (LNG) project in Mozambique by the end of June next year, two sources directly involved with the project said on Tuesday. Its first LNG project - called Coral Sul - made the impoverished African country a global producer... Continue Reading →
Brazil Energy Insight 