Brought to you by Quest Offshore & Southern Cone Consultants
Sept. 10 (Reuters) Malaysia's oil and gas producer Petronas plans to drill a fourth well by the first quarter next year at offshore Block 52 in Suriname, the government and state company Staatsolie said. Petronas, which has discovered gas reserves in the block, its most promising area in the South American country, had said in... Continue Reading →
Sept. 9 (OE) BW Energy has completed a $365 million project finance facility to fund the refurbishment and redeployment of the Maromba floating production, storage and offloading vessel (FPSO) to Brazil’s Maromba field. The loan, backed by China Export & Credit Insurance Corporation (Sinosure), was significantly oversubscribed and will cover around 80% of total project... Continue Reading →
Sept. 4 (Reuters) Azule Energy, the joint venture between Italian oil and gas explorer Eni and BP, expects to invest another $5 billion in Angola over the next four to five years, Eni's Chief Operating Officer Guido Brusco told Reuters on Wednesday. The latest investment in both new and existing projects will match investments in... Continue Reading →
September 3, 2025 - PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices incorporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of August. Key: (1) At the Polvo and Tubarão Martelo cluster, production was affected by the shutdown of TBMT-6H well due to the failure of the Submerged Centrifugal... Continue Reading →
Sept. 3 (offshore-energy.biz) Following the handover of the operator role for one block, Challenger Energy Group (CEG), the Isle of Man-headquartered oil and gas company, has embarked on a search for a partner at another block off the coast of Uruguay. Before initiating a farm-out process for the AREA OFF-3 block, the firm progressed its planned technical... Continue Reading →
Sept. 3 (Reuters) Mexican state oil company Pemex signed its first mixed contracts with private sector partners in a bid to reverse declining hydrocarbon production, according to President Claudia Sheinbaum's government report delivered to Congress. The 11 deals, signed under a new contractual framework stemming from the latest energy sector reform, mark the initial phase... Continue Reading →
Sept. 2 (OE) Altera Infrastructure has entered into an agreement to sell its entire floating production, storage and offloading (FPSO) business to global investment firm Carlyle. The acquired business includes Altera’s full FPSO portfolio, the floating storage and offloading (FSO) unit Yamoussoukro and the 50% ownership in the joint venture Altera&Ocyan. The portfolio includes the... Continue Reading →
BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), informs its investors and the market in general the preliminary and unaudited production data for the month of August 2025. The Company achieved an average daily production of 92.4 thousand boe in August, a 1.6% increase over the previous month, renewing its all-time production record for the... Continue Reading →
Sept. 1 (Agencia Brasil) In July, Brazil surpassed the 5 million barrels of oil and natural gas production per day mark for the first time in history. The record 5.160 million was announced this Monday (1st) by the National Agency of Petroleum, Natural Gas and Biofuels (ANP), the oil and gas industry regulator. Regarding oil... Continue Reading →
Sept.1 (OE) TotalEnergies and its partners QatarEnergy and Société Nationale des Pétroles du Congo have been awarded an exploration license for the Nzombo offshore block in the Republic of Congo. Under the terms of the production sharing contract signed with the Congolese Government, QatarEnergy will hold a 35% participating interest in the block. TotalEnergies affiliate... Continue Reading →
Brazil Energy Insight 