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3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”) (B3: RRRP3), following best practices in corporate governance, informs its investors and the market in general the preliminary unaudited production data for June 2023. (1) It does not consider gas production at Areia Branca, Fazenda Belém and Papa Terra Clusters, as those volumes are consumed in... Continue Reading →
(Reuters) Suriname said on Thursday it signed a memorandum of understanding with Trinidad and Tobago that aims to increase energy cooperation, and people familiar with the matter said it could lead to natural gas from Suriname being piped to Trinidad and Tobago. Trinidad and Tobago has been searching for ways to expand its supplies of... Continue Reading →
Offshore drilling contractor Noble Corporation has won a new contract with Petronas Suriname E&P, a subsidiary of Malaysia’s energy giant Petronas, for one of the semi-submersible rigs in its fleet, which is being hired for drilling activities offshore Suriname. According to Noble, this one-well contract, which was awarded for the Noble Discoverer semi-submersible deepwater rig to drill an... Continue Reading →
(Reuters) The bosses of global energy companies this week urged governments to shift the focus to limiting oil demand to reduce emissions, rather than pressuring producers to curb supply, which they say serves only to increase prices. Some western governments have announced plans to scale back or halt oil developments and last year, they increased... Continue Reading →
(Reuters) Guyana's environmental regulator on Wednesday granted an Exxon Mobil-led consortium approval to drill 35 new offshore exploration and appraisal wells as the group looks to expand its production successes in the South American country. The wells will be drilled within the group's 6.6 million acre (26,800-sq km) Stabroek offshore block, where more than 11... Continue Reading →
(GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Wednesday it has been awarded a significant order, to be booked in the second quarter of 2023, by MODEC to supply gas technology equipment for the BM-C-33 project in the Brazilian pre-salt Campos area. The project is developed by Equinor with partners Repsol Sinopec Brasil... Continue Reading →
Brazilian oil and gas player Enauta has temporarily interrupted production from a field located offshore Brazil only days after completing the preventive maintenance activities for a floating, production, storage, and offloading (FPSO) vessel, which is carrying out operations on this field. Enauta started preventive maintenance at the FPSO Petrojarl I in May 2023 and the production at the Atlanta field was... Continue Reading →
(TN) Pre-salt production in May was 3.196 million barrels of oil equivalent per day (boe/d) and corresponded to 77.8% of Brazilian production. 2.510 million barrels per day (bbl/d) of oil and 109.16 million cubic meters per day (m³/d) of natural gas were produced through 144 wells. There was an increase of 5.9% in relation to... Continue Reading →
(epbr) “The route cannot be fully established in the regulated market. We have to develop other sales lines for this energy”, says Equinor's director Andre Leite at the Offshore Week 23 Conference. The executive explained that offshore power generation will enable the development of new electro-intensive markets and attract industries to consume this new renewable... Continue Reading →
(OET) Challenger Energy Group (CEG), the Isle of Man-headquartered oil and gas company focused on the Caribbean and Americas, has been awarded the last remaining available shallow water exploration block located off Uruguay. Other offshore exploration licenses are held by energy majors, including Shell, Apache and YPF, the Argentinian national oil company. After Challenger Energy submitted a bid... Continue Reading →
Brazil Energy Insight 