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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 →
Sept. 28 (offshore-energy.biz) Just three months after installing a brand-new electrical system to boost its flagship Brazilian offshore field, Karoon Energy, an ASX-listed international oil and gas exploration and production player, is heading back to the drawing board. After noting a fault on the monitoring system of the SPS-92 well at the Baúna field, Karoon... Continue Reading →
Sept 24 (Reuters) - The US Senate is nearing a deal to reform laws to speed up permitting of large infrastructure projects after the White House compromised on how renewable energy is treated, though a vote is uncertain before the midterm elections, a top Senate Democrat said on Thursday. Senators Sheldon Whitehouse, the top Democrat... Continue Reading →
Sept. 24 - Petrobras plans to install a production platform at the Mãe de Ouro field—which has not yet been drilled—in the Potiguar Basin, should the discovery's potential be confirmed, stated Petrobras CEO Magda Chambriard. Ibama authorized offshore drilling for this block and three others in March of this year. "If this discovery plays out... Continue Reading →
Sept 23 (Reuters) - Brazil's state-run oil firm Petrobras may include the Sirius offshore gas project in Colombia as part of the production curve to be unveiled in its 2027-2031 business plan later this year, a company executive said on Wednesday. "I think it should appear (in the business plan) if we get the environmental... Continue Reading →
Sept. 21 (offshoreWIND.biz) Gazelle Wind Power has developed and tested a new floating offshore wind platform designed to support 18 MW turbines and beyond in extreme offshore conditions, with the company’s preliminary cost assessment indicating 44 per cent lower CAPEX and 52 per cent lower LCOE than the benchmark semi-submersible designs used in the study.... Continue Reading →
Sept. 21 (oilnow.gy) Guyana’s first competitive offshore licensing round attracted global energy companies and tested stronger fiscal terms. However, the government will need to improve the speed, certainty, and data supporting the process before offering more blocks. The government has indicated an interest in another licensing round as it seeks to widen exploration beyond the... Continue Reading →
Sept. 21 (OE) The 704 MW Revolution Wind offshore wind project has completed installation of all 65 turbines, with full energization expected by the end of 2026. The project, a 50-50 joint venture between Global Infrastructure Partners' Skyborn Renewables and Ørsted, began delivering electricity to the New England grid on March 14. Revolution Wind, located... Continue Reading →
Sept 19 (Reuters) - French energy company TotalEnergies and its partners in the $12 billion GranMorgu offshore oil and gas project in Suriname are on track to inaugurate output in mid-2028, the head of state-run Staatsolie, Annand Jagesar, said on Saturday during a tour to oversee the development's progress. "Together, we are not only developing... Continue Reading →
Sept.18 (oilnow.gy) Indonesia’s state-owned energy company PT Pertamina is exploring upstream oil and gas investments in Guyana and Suriname to secure more reliable energy sources. Indonesia’s Ministry of Foreign Affairs confirmed that the company has started preliminary discussions on exploration and investment opportunities in the two South American countries. Indonesian state news agency ANTARA News... Continue Reading →
