Nov. 12 (oilpeice.com) In a surprise development, Argentina’s unconventional oil production hit a new all-time high for September 2025. This occurred despite overall monthly production falling marginally when compared to the prior period and shale gas output plummeting to a multi-month low. It is the prolific Vaca Muerta shale that is driving Argentina’s rapidly rising oil and... Continue Reading →
Petrobras and Allseas sign contract for Atapu 2
Nov. 3 - Petrobras has contracted Allseas to provide a subsea solution with rigid risers for the Atapu-2 pre-salt field, located 230 kilometers off the coast of Rio de Janeiro. The contract, obtained through a bidding process, covers the design, acquisition, construction, and installation of 143 kilometers of rigid risers and pipelines in water depths... Continue Reading →
Vallourec to Supply Line Pipes for Shell’s Deepwater Project off Brazil
Oct. 31 (OE) French tubular solutions supplier Vallourec has secured a contract with TechnipFMC to supply line pipes for the Orca project, formerly known as Gato do Mato, a major Shell-operated deepwater development in Brazil’s Santos Basin. The integrated contract covers more than 20,000 tons of subsea seamless premium carbon-steel line pipes, intended for risers... Continue Reading →
Tenaris pipe producer wins contract for Mexico’s first deepwater oil development
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 →
Offshore Industry Majors Join Forces for Next-Gen Subsea Flowline Tech
Oct. 21 (OE) A consortium of offshore energy companies including TotalEnergies, Equinor, Aker BP, DeepOcean, Tenaris, and LS Cable & System has launched a joint industry project to commercialize a new subsea flowline heating technology designed to cut costs and carbon emissions related to deepwater oil and gas subsea tie-back projects. The system, named FlowHeat,... Continue Reading →
McDermott delivers subsea project in Angola for TotalEnergies
Oct. 17 (offshore-energy.biz) U.S. offshore engineering and construction firm McDermott has delivered its first subsea project in Angola, as part of which it worked for TotalEnergies on the Begonia field development. McDermott announced on October 16 the completion of engineering, procurement, construction, installation (EPCI), pre-commissioning and commissioning activities for the development located in Block 17/06,... Continue Reading →
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 →
Brazil’s Petrobras imports natural gas from Argentina for the first time
Oct 6 (Reuters) - Brazil's state-controlled oil company Petrobras has made its first import of non-conventional natural gas from Argentina's Vaca Muerta reserve in the Neuquen basin, the company said on Monday. In a statement, the firm noted the natural gas was transported on Friday via pipelines from Argentina to Bolivia, and from there to Brazil,... Continue Reading →
Petrobras begins contracting for the construction of FPSO Búzios 12
Oct. 3 - Petrobras began the contracting process for the construction of FPSO Búzios 12, which will be installed in the Santos Basin, in the state of Rio de Janeiro. The new unit, P-91, will be the 12th platform assigned to the Búzios field, consolidating it as the company's largest producing field and increasing its importance in supplying natural gas in the country. Búzios... Continue Reading →
Construction of Vaca Muerta pipeline in Argentina is 35% complete official says
Sept 30 (Reuters) - The construction of a flagship pipeline to transport oil output from Argentina's Vaca Muerta shale region to the coast is 35% complete, the country's head of energy, Daniel Gonzalez, said at a conference on Tuesday. The 437-kilometer Vaca Muerta South pipeline by a holding company led by state-controlled YPF will connect Argentina's most important... Continue Reading →