Brought to you by Quest Offshore & Southern Cone Consultants
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 →
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 →
Jan. 15 (OE) MODEC has commissioned Everllence to supply five compressor trains for its new Floating Production Storage and Offloading (FPSO) for the Gato do Mato - Orca Project offshore Brazil. The FPSO will be moored in the pre-salt area of the Santos Basin, approximately 200 kilometers south of Rio de Janeiro, at a water... Continue Reading →
Jan. 15 (OE) Offshore seismic services firm Shearwater Geoservices has secured a contract for a large 3D seismic acquisition program for ExxonMobil Trinidad and Tobago Deepwater. The deepwater survey offshore Trinidad and Tobago will cover approximately 6,000 square kilometers of full-fold area. The acquisition is scheduled to commence in the first quarter of 2026 and... Continue Reading →
Jan. 13 (oilnow.gy) Guyana is preparing for its next major step in offshore oil production with the Uaru development, ExxonMobil’s upcoming project in the Stabroek Block. Rather than opening a new frontier, Uaru deepens production in an already proven basin. The project is built around scale. More than 800 million barrels of recoverable oil are... Continue Reading →
Jan 13 (Reuters) - French oil major TotalEnergies would consider returning to Venezuela but it is not a priority, its chief executive said on Tuesday. "People want to rush back to Venezuela but it will require a clear framework to be able to invest there and it will take time," CEO Patrick Pouyanne said at Abu... Continue Reading →
Jan. 13 (OE) Energy services firm EnerMech has secured a subsea pre-commissioning services contract by Saipem for the Whiptail development, offshore Guyana in the Stabroek Block, operated by ExxonMobil Guyana. The contract award marks EnerMech’s first project on the Whiptail field and builds on its proven track record supporting subsea pre-commissioning campaigns offshore Guyana, including... Continue Reading →
Jan. 12 (Reuters) U.S. oil producers already reeling from low oil prices are facing renewed pressures, as President Donald Trump pushes them to boost output in Venezuela - a move that would weaken the oil market, cut revenues and hurt industry at home. Trump has enacted policies that he says would unleash American energy and... Continue Reading →
Jan. 11 (OE) French tubular solutions supplier Vallourec has secured a significant contract with Shell for oil and gas project offshore Brazil. The agreement covers the supply of oil country tubular goods (OCTG) products and services for Shell’s offshore operations in the development of the Orca project, formerly known as Gato do Mato. The expected... Continue Reading →
Jan 9 (Reuters) - Exxon Mobil CEO Darren Woods said on Friday the U.S. oil major is ready to evaluate a potential return to Venezuela in what would be a stunning development after its assets in the South American country were nationalized nearly 20 years ago. Woods, however, said Venezuela was currently "uninvestable" and significant legal... Continue Reading →
Brazil Energy Insight 