M&O announces new partnership with the Score Group, a global leader in advance valve engineering and management solutions for the Brazilian market

Oct. 13 - M&O is proud to announce our new partnership with Score Group, a global leader in advanced valve engineering and management solutions, as it enters Brazil’s offshore industry. Score brings world-class valve expertise and extensive inventory to ensure operators have the reliability, performance, and support they need. For over 40 years, Score has... Continue Reading →

October 13, 2025 0

Brava Energia – Audit conclusion and partial interdiction of operation in the Potiguar Basin by ANP

Oct. 13 - BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, and following the Material Fact of October 9, 2025, informs its investors and the market in general that the audit carried out by the National Agency of Petroleum, Natural Gas and Biofuels (“ANP”) in the Potiguar Basin was... Continue Reading →

October 13, 2025 0

Sintana-Challenger Merger to Boost Exploration in Southern Atlantic

Oct. 13 (OE) Oil and gas company Sintana Energy has agreed to acquire Challenger Energy, which holds interest in two blocks offshore Uruguay as well as other assets in broader region. The all-share transaction, valued at about $60 million, will create a combined exploration platform spanning eight licenses in Namibia and Uruguay, as well as... Continue Reading →

October 13, 2025 0

Equinor Scraps Offshore Electrification Plans As Costs Rise

Oct. 10 (Reuters) Equinor has scrapped plans to cut greenhouse gas emissions by connecting several offshore platforms to Norway's onshore power grid, the company told the government on Friday, citing soaring costs. The oil and gas sector is Norway's largest source of climate emissions, accounting for about a quarter of the total. Around 80% of industry emissions... Continue Reading →

October 10, 2025 0

Chevron gearing up for drilling ops with Noble rig offshore Suriname

Oct.10 (offshore-energy.biz) Chevron Suriname Exploration, a subsidiary of U.S.-based energy giant Chevron, is preparing to embark on drilling activities off the coast of Suriname with a rig owned by Noble Corporation, an American offshore drilling giant. Chevron is set to drill the Korikori-1 exploration well this month, after receiving a permit for the drilling operations at the... Continue Reading →

October 10, 2025 0

Brazil’s PPSA Sets R$10.2B Minimum for December Pre-Salt Auction Bids

Oct. 8 - Brazil's government has set a minimum total payment of 10.2 billion reais for an upcoming auction offering stakes in three pre-salt oil fields already in production but not yet contracted, state-run firm Pre-Sal Petroleo (PPSA) said. The auction, scheduled for December 4 at the Sao Paulo-based B3 stock exchange, will offer stakes... Continue Reading →

October 8, 2025 0

Slowing Vaca Muerta oil activity could pose challenge for Argentina’s Milei

Oct 7 (Reuters) - Drilling and fracking activity in Argentina's Vaca Muerta, the world's fourth-largest unconventional oil reserve, is plateauing due to lower oil prices and rising costs, a slowdown that could complicate the political agenda of libertarian President Javier Milei. The huge Vaca Muerta formation in western Argentina accounts for 64% of the country's... Continue Reading →

October 7, 2025 0

Petrobras discovers oil traces in the Agua Marinha Block

Oct. 7 - Petrobras announced promising results in its drilling program in the Campos Basin. The company notified the National Petroleum Agency (ANP) about the discovery of oil traces in the Agua Marinha block, in well 1-BRSA-1401DA-RJS, in a water depth of 2,601 meters, drilled by the Deepwater Aquila drillship in July. The Agua Marinha... Continue Reading →

October 7, 2025 0

PRIO Operational Data Sept. 2025

Oct. 6 - 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 September. Key: (1) At the Polvo and Tubarão Martelo cluster, the workover of TBMT-6H well was completed on September 15, and the well returned to production. (2) At... Continue Reading →

October 7, 2025 0

Galp Joins Shell to Explore São Tomé and Príncipe’s Offshore Block 4

Oct. 7 (OE) Portugal’s Galp has reached a farm-in agreement with KE STP Company, a Shell affiliate, for the acquisition of a 27.5% stake in São Tomé and Príncipe’s Block 4, forming a joint venture with Shell, Petrobras and ANP-STP. With the agreement, Galp expands its presence offshore São Tomé and Príncipe, entering another early-stage... Continue Reading →

October 7, 2025 0

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Category: Operators

M&O announces new partnership with the Score Group, a global leader in advance valve engineering and management solutions for the Brazilian market

Brava Energia – Audit conclusion and partial interdiction of operation in the Potiguar Basin by ANP

Sintana-Challenger Merger to Boost Exploration in Southern Atlantic

Equinor Scraps Offshore Electrification Plans As Costs Rise

Chevron gearing up for drilling ops with Noble rig offshore Suriname

Brazil’s PPSA Sets R$10.2B Minimum for December Pre-Salt Auction Bids

Slowing Vaca Muerta oil activity could pose challenge for Argentina’s Milei

Petrobras discovers oil traces in the Agua Marinha Block

PRIO Operational Data Sept. 2025

Galp Joins Shell to Explore São Tomé and Príncipe’s Offshore Block 4

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