Brought to you by Quest Offshore & Southern Cone Consultants
Oct. 29 - The ANP (National Agency of Petroleum, Natural Gas and Biofuels) informs that eight exploratory blocks are available in the Permanent Production Sharing Offer (OPP) tender. Therefore, any of the fifteen companies currently registered in the OPP may open a new bidding cycle by submitting a declaration of interest in one or more... Continue Reading →
Oct. 29 (Reuters) Grupo Carso is reviewing the feasibility of the Lakach deepwater natural gas project in collaboration with state energy company Pemex and conducting new analyses to determine how to proceed, a company official said Tuesday. The company signed an agreement last year to partner with Pemex to develop the project in the Gulf... Continue Reading →
Oct. 28 - Oil company PRIO has signed an agreement with Shape Digital, a developer of Artificial Intelligence (AI)-driven digital solutions, for the deployment of Shape Lighthouse, an Intelligent Asset Management platform designed to enhance operational reliability, reduce maintenance costs, and maximize production. The technology will be implemented across PRIO’s three Floating Production Storage and... Continue Reading →
Maersk Supply Service, with the support of Maritime Developments (MDL), has completed a complex dynamic riser assembly installation at Brazil’s Mero field in the pre-salt Santos Basin, connecting the deepwater site to a Permanent Reservoir Monitoring (PRM) sensor grid. The project featured MDL’s largest equipment spread to date, mobilized from Peterhead, Scotland, on board the... Continue Reading →
Oct. 27 (Reuters) Venezuela's oil ministry will ask the presidency to suspend a wide cooperation agreement with Trinidad and Tobago for energy development, including joint gas projects in negotiation, the South American country's oil minister said. Trinidad's previous government had been planning numerous joint gas projects with Venezuela, including the 4.2 trillion cubic feet Dragon... Continue Reading →
Oct 27 (Reuters) - Mexican state energy company Pemex reported a 61.25 billion peso ($3.34 billion) third-quarter net loss on Monday, according to a filing with the Mexican stock exchange. Revenues for one of the country's biggest companies during the July-to-September period totaled 378.9 billion pesos. Pemex reported that it pumped with partners an average... Continue Reading →
Oct. 27 (OE) Offshore drilling contractor Borr Drilling has secured contract extensions for three of its premium jack-up rigs from Mexico’s national oil company Pemex. The rigs Galar and Gersemi have each been awarded two-year firm contract extensions that will commence in direct continuation of their existing contracts in Mexico. The extensions also include two... Continue Reading →
Oct. 27 (Reuters) Portugal's Galp Energia reported an 11% increase in adjusted third-quarter core profit on Monday, beating analysts' estimates, driven by a jump in refining margins and robust gas trading. The energy firm reported adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of 911 million euros ($1.06 billion), surpassing the company-provided consensus of... Continue Reading →
Spot Auction will offer 4 million barrels with shipment scheduled between February and August 2026 Oct. 23 - PPSA (Pre-Salt Oil) began the process for holding the 5th Spot Oil Auction, scheduled for December 10, 2025. The event foresees the commercialization of four loads of 1 million barrels of oil from the Union each, coming... Continue Reading →
Oct. 24 (offshore-energy.biz) Texas-headquartered manufacturer of pipes and related services Tenaris has secured a contract for the delivery of casing and tubing for what will be Mexico’s first deepwater oil development. Tenaris’ scope includes the supply of 12,000 tons of casing and tubing, including 1,600 tons in the Super 13 Chrome steel grade, for the Trion... Continue Reading →
