June 23 (OE) Energy and marine consultancy ABL has opened a new office in Salvador, Brazil, expanding its presence in the country and strengthening its asset integrity management offering for the oil and gas, maritime and industrial sectors. The new office will support asset integrity management projects in Brazil and across the wider Americas region,... Continue Reading →
Azule Energy gives final go-ahead to $5.1 billion Angola offshore project
June 22 (Reuters) - Azule Energy, a joint venture between BP and Eni, and its partners have approved the $5.1 billion Greater PAJ offshore oil project in Angola, company and government officials said at a signing ceremony on Monday. Partners in the project, Angola's first integrated cross-block development, include Norway's Equinor, Angola's oil and gas agency... Continue Reading →
Brava Energia: Arbitration Proceedings by Westlawn Energia Brasil Ltda.. – Atlanta Field
June 17 - BRAVA ENERGIA S.A. (“Brava” or the “Company”) (B3: BRAV3), hereby informs its investors and the market in general that it has received, on this date, a request for arbitration from Westlawn Energia Brasil Ltda. ("Westlawn"), in which Westlawn claims, among other matters, that the transaction announced by the Company involving Ecopetrol and the... Continue Reading →
Equinor scraps renewable energy capacity target
June 16 (Reuters) - Norwegian oil and gas group Equinor has further scaled back its renewable energy ambitions, dropping a 2030 installed capacity target and cutting plans for investment, it said in a strategy update on Tuesday. The change reflects a wider industry trend, with peers, including BP and Shell, in recent years scrapping ambitions to transition from... Continue Reading →
PRIO: Production of the Fourth WAHOO Well
June 16, 2026 - PRIO S.A. (the “Company” or “PRIO”) (B3: PRIO3), in compliance with best corporate governance practices, hereby informs its shareholders and the market in general that it has opened the fourth producing well at the Wahoo Field (“Field”), stabilizing its production at 10,000 barrels of oil per day. As a result, PRIO... Continue Reading →
ExxonMobil returns to Barreleye as Stabroek exploration campaign continues offshore Guyana
June 16 (oilnow.gy) ExxonMobil Guyana is moving ahead with fresh exploration drilling at the Barreleye-3 well in the Stabroek Block, continuing work to evaluate one of the discoveries that could help shape the next wave of development offshore Guyana. The drilling campaign is scheduled to begin on June 13 and continue until August 31, 2026,... Continue Reading →
Exxon lines up 35-well Stabroek drilling push as Guyana oil search stretches to 2033
June 16 (oilnow.gy) ExxonMobil Guyana Limited has proposed a new exploration and appraisal drilling campaign that could see up to 35 wells drilled in the Stabroek Block between 2028 and 2033. The Guyana Environmental Protection Agency (EPA) announced on June 14 that it has opened a 28-day public consultation period on the proposed campaign, inviting... Continue Reading →
Barbados could be sitting on 13 billion barrels of oil, rivaling Guyana’s Stabroek Block
June 15 (oilnow.gy) Barbados’ offshore acreage could hold more than 13 billion barrels of oil in place, based on seismic surveys and technical assessments, as the country advances direct negotiations for exploration licences across 19 offshore blocks. The figure adds scale to the offshore push already being advanced by the Mia Mottley administration. Barbados is seeking... Continue Reading →
OceanPact Signs Petrobras Contract to Decommission Flexible Pipelines at Marlim Field
June 15 - OceanPact has signed a R$ 443.7 million contract with Petrobras to perform specialized services for the removal and recovery of flexible pipelines as part of the decommissioning of offshore production units. The work will be carried out on the risers of the P-18 platform, located in the Marlim Field, Campos Basin. The... Continue Reading →
Venezuela moves pacts forward with Shell, including Loran gas field
June 11 (Reuters) - Venezuela signed five agreements with British oil major Shell on Thursday to advance oil and gas projects, including the company's participation in the coveted 7-trillion-cubic-feet Loran offshore gas field, the government said. The country had signed preliminary agreements for these and other projects earlier this year with Shell, one of the few... Continue Reading →