(OE) July 31 - Energy industry services firm EnerMech has been awarded a two-year contract extension by BP Trinidad & Tobago to continue providing crane operations on the operator’s 12 offshore platforms in the Caribbean country. Project scope includes crane operations, preventive and corrective maintenance, minor modifications, and offshore audits, while EnerMech must also provide... Continue Reading →
Petrobras’ oil and natural gas production increases 5% to 2.9 million barrels in the second quarter of 2025
July 29, 2025 - Petrobras average production of oil, NGL and natural gas was 2.91 MMboed in 2Q25, 5.0% higher than 1Q25. This performance was mainly due to the ramp-up of FPSOs Almirante Tamandaré, in Búzios field, Maria Quitéria, in Jubarte field, Anita Garibaldi and Anna Nery, in Marlim and Voador fields, to Marechal Duque... Continue Reading →
BP finds oil and gas signs in the Bumerange block, Santos Basin
(PN) BP identified oil and gas signs in the wildcat well (1-BP-13-SPS) of the Bumerangue block, located in the Santos Basin pre-salt layer, in a water depth of 2,300 meters. Drilling of the well began in late May with the Valaris Renaissance drillship. The Bumerangue block was fully acquired by BP during the 1st Cycle... Continue Reading →
Weatherford to Deliver MPD Services for Woodside’s Trion Project off Mexico
(OE) Texas-based oilfield services company Weatherford has secured a significant contract to deliver Managed Pressure Drilling (MPD) services for the Trion project, a deepwater oil production project in Mexico operated by Woodside’s Mexican subsidiary. The multi-year contract includes MPD services for an initial eight wells with the potential to expand to 24 wells. As part... Continue Reading →
MODEC delivers another piece of puzzle for Guyana-bound FPSO
(offshore-energy.biz) Japan’s MODEC has delivered a structure that will form part of a floating production storage and offloading (FPSO) unit to be deployed to a project offshore Guyana operated by ExxonMobil, a U.S.-headquartered oil and gas giant. As reported by the Japanese player, the topsides modules for FPSO Errea Wittu arrived at the BOMESC yard in Tianjin, China. The... Continue Reading →
TotalEnergies flows first oil from two energy projects offshore Angola
(offshore-energy.biz) France-headquartered energy giant TotalEnergies has started oil production from two subsea tie-back projects to existing floating production, storage, and offloading (FPSO) vessels off the coast of Angola. With the start-up of the Begonia and CLOV Phase 3 offshore projects, TotalEnergies is adding 60,000 barrels per day of oil production offshore Angola. The CLOV deepwater oil fields development project... Continue Reading →
GALP reports a 25% increase in second quarter profits
Galp reported adjusted net income of €373 million in the second quarter of 2025, a 25% increase compared to the same period last year. The result was driven by increased oil and natural gas production in Brazil, as well as the performance of its sales division in international markets. Adjusted EBITDA at replacement cost (RCA)... Continue Reading →
Move to Americas prompts Australian Karoon’s CEO hunt as current one steps down
(offshore-energy.biz) Australia’s oil and gas company Karoon Energy is on the lookout for a new Chief Executive Officer (CEO) and Managing Director (MD), who will take over from its current CEO/MD next year, as the firm prepares to shift its key corporate teams and roles to Brazil and the United States of America (USA). While... Continue Reading →
Petrobras announces Approval of the Production Individualization Agreement of the Jubarte Pre-Salt by ANP
July 23, 2025 – Petróleo Brasileiro S.A. – Petrobras hereby informs that the Production Individualization Agreement (AIP) of the Jubarte Pre-Salt Shared Reservoir, located in the Campos Basin, has been approved by the National Agency of Petroleum, Natural Gas, and Biofuels (ANP). The Jubarte Pre-Salt Shared Reservoir comprises: an area of the Jubarte Field (BC-60)... Continue Reading →
Exclusive: Exxon in talks with Trinidad for seven deepwater blocks, sources say
(Reuters) - Exxon Mobil has begun negotiations with the Trinidad and Tobago government to explore for oil and gas in up to seven deepwater blocks off the East Coast of the Caribbean country, which the top U.S. oil producer left more than two decades ago, two sources close to the talks told Reuters. The areas Exxon... Continue Reading →