Dec 10 (Reuters) - Trinidad and Tobago's government is waiting for a development plan from energy producer Shell to push forward the Aphrodite offshore gas project, documents seen by Reuters showed. Shell said in June that it had made a positive final investment decision on the discovery, which is expected to produce first gas in 2027 and have... Continue Reading →
Sea Lion Oil Project in Falkland Islands Gets Green Light
Dec. 10 (OE) Rockhopper Exploration has taken a final investment decision (FID) on Phase 1 of the Sea Lion oil development north of the Falkland Islands, allowing the long-delayed project to proceed after securing financing commitments and regulatory approvals. Partner and operator Navitas Petroleum has also approved FID. Rockhopper said both boards have approved financing... Continue Reading →
US Judge Overturns Trump’s Ban on Wind Energy Project Permits
Dec. 9 (offshoreWIND.biz) A federal judge has struck down the US President Donald Trump’s indefinite halt of all federal approvals and permitting for new wind energy projects. In a ruling on 8 December, Judge Patti Saris of the US District Court for the District of Massachusetts ruled in favour of 17 US states and the... Continue Reading →
Suriname’s Gas-to-Shore Vision: What the Sloanea breakthrough really unlocks
Dec. 9 (oilnow.gy) Suriname’s long-discussed gas-to-shore ambitions are gaining new momentum following PETRONAS’ recent declaration of commerciality for the Sloanea field in Block 52. The Sloanea-1 discovery, drilled in 2020, is now confirmed as a commercially viable gas field following appraisal work and technical studies carried out over the past two years. PETRONAS holds an 80... Continue Reading →
Ghanaian firm to ink deal for oil and gas search offshore Guyana
Dec. 9 (oilnow.gy) Ghana-based Cybele Energy Limited is set to sign a petroleum agreement on Tuesday, December 9, to explore for oil and gas offshore Guyana. This will be the second block awarded from the country’s first competitive offshore auction. The ceremony will take place at the Pegasus Suites and Corporate Center in Georgetown, where... Continue Reading →
Petrobras announces results of PPSA’s Non-Contracted Areas Auction
Dec. 4 - Petrobras informs that it has acquired the rights and obligations of the Union in Mero and Atapu units at the Non-Contracted Areas Auction held today by Pré-Sal Petróleo S.A. – PPSA. The consortium formed by Petrobras (80%), in partnership with Shell Brasil Petróleo Ltda (20%), acquired the Union’s 3.500% participation in the production sharing agreement of the Mero shared... Continue Reading →
Trump Administration Requests Remand of Federal Approval for Another Offshore Wind Farm
Dec. 3 (offshoreWIND.biz) The US Department of Justice (DOJ) has asked a federal court to remand the federal approval of the New England Wind offshore wind project to the Bureau of Ocean Energy Management (BOEM), which issued it last year and now wants to conduct further review, according to a filing submitted on 2 December... Continue Reading →
Oil majors unite to oppose Subsea7-Saipem merger in Brazil antitrust case
Dec 2 (Reuters) - Oil majors operating in Brazil have closed ranks to oppose a proposed merger between energy contractors Subsea7 and Saipem, and antitrust agency Cade has asked the two firms to provide its probe with new data on Friday, public documents seen by Reuters show. The resulting new firm, to be called Saipem7, would have... Continue Reading →
Brazilian Oil and Gas Production Hits New Record in October
Dec. 2- Brazilian oil and gas production — including pre-salt, post-salt, and onshore — hit a new record in October, reaching 5.255 million barrels of oil equivalent per day. In total, 4.030 million barrels of oil per day were produced, a 2.9% increase compared to September and a 23.2% increase compared to October 2024. Natural... Continue Reading →
Brava Energia ADR Program Implementation
Dec. 1 - BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, and, following the Material Fact disclosed on September 18, 2025, hereby informs its investors and the market in general that, on December 1, 2025, the Company’s Level I American Depositary Receipts program (“ADR” and “ADR Program,” respectively) was... Continue Reading →