Oct. 1 - ANP reports that in August 2026, Brazil produced 6.002 million barrels of oil equivalent per day (boe/d) of oil and natural gas. Regarding oil, 4.615 million barrels per day (bbl/d) were extracted, an increase of 2.6% compared to the previous month and 18.4% compared to the same month in 2025. Natural gas... Continue Reading →
Venezuela and Colombia must reopen gas pipeline, association says
Sept 30 (Reuters) - A gas pipeline connecting neighbors Venezuela and Colombia that has remained idle in recent years needs to be repaired and reopened as soon as possible, the head of Colombia's gas association Naturgas, Luz Stella Murgas, said on Wednesday. The infrastructure is increasingly seen as essential to help Colombia reduce a natural... Continue Reading →
Oil executives worried over lack of essential element for Venezuela expansion: power
Sept 30 (Reuters) - Executives gathered in Caracas this week for the first large energy conference since Washington launched a $100 billion reconstruction effort for Venezuela's oil industry are warning about slow progress to clear the biggest obstacle for their expansion projects: unreliable power. With an unresolved electricity deficit of more than 1,500 megawatts (MW),... Continue Reading →
Petrobras Platform P-80 (Búzios 9) Begins Journey to Brazil
Sept. 30 - The P-80 platform departed the Tuas Boulevard Yard in Singapore on Wednesday ( (September 30th), bound for the Búzios field in the pre-salt Santos Basin, Brazil’s largest field in terms of reserves and production. With the capacity to produce 225,000 barrels of oil and process 12 million cubic meters of gas per... Continue Reading →
Qatar’s UCC Eyes Expansion into Venezuelan Oil and Gas
Sept. 30 (Reuters) Qatari producer UCC Oil and Gas Holding is in talks for its possible entrance into new fields in Venezuela, the company's head of Upstream, Erik Keskula, said on Tuesday at a conference in Caracas. UCC, British BP and XRG, a unit of United Arab Emirates' state company ADNOC, last month were granted... Continue Reading →
Brava Energia: Papa-Terra Field start of production at well PPT-52
Sept.29 - BRAVA ENERGIA S.A. ("Brava" or the "Company") (B3: BRAV3), pursuant to CVM Resolution No. 44, hereby informs its investors and the market in general that it commenced production at well PPT-52 on this date, following authorization from the Brazilian Institute of the Environment and Renewable Natural Resources (“Ibama”). The well is part of... Continue Reading →
GeoPark to invest $7 billion to lift output at Venezuelan oilfield
Sept 29 (Reuters) - Colombia's oil and gas producer GeoPark is planning a $7 billion investment in Venezuela's large Bare oilfield to increase crude output there to some 90,000 barrels per day by 2038 from a current 11,000 bpd, the company's chief executive, Felipe Bayon, said on Tuesday. With 15.7 billion barrels of original oil... Continue Reading →
22-year Cheniere-Petrobras LNG pact expands energy bridge between North and South America
Sept. 29 (offshore-energy.biz) As global energy markets continue to navigate the volatility, long-term commitments are becoming the ultimate currency, which U.S.-headquartered energy player Cheniere Energy’s liquefied natural gas (LNG) deal with Brazil’s state-owned Petrobras hammers home, as it binds U.S. Gulf Coast liquefaction terminals to Brazil’s energy grid for more than two decades. Cheniere Energy’s... Continue Reading →
Staatsolie receives fifth offshore proposal through Suriname Open-Door process
Sept. 29 (oilnow.gy) Staatsolie Maatschappij Suriname N.V. has received a proposal for an offshore area in Sector 1: SHO West. The Surinamese state oil company announced the submission on Tuesday, September 22, 2026. Under its Open-Door process, qualified companies now have 90 days to submit competing proposals for the same area. The submission period opened... Continue Reading →
SBM Offshore Taps Chinese Contractor for FPSO Topside Modules
Sept. 29 (OE) China-based BOMESC Offshore Engineering's wholly owned subsidiary Tianjin BOMESC has signed a contract with SBM Offshore for the design, procurement and construction of topside modules for a floating production, storage and offloading (FPSO) destined for South America. Tianjin BOMESC Offshore Engineering will build the modules at the company's Lingang Offshore Heavy Industry... Continue Reading →