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(rivieramm.com) Japan’s cabinet has approved a bill amendment that will allow offshore wind projects to be built in the country’s Exclusive Economic Zone (EEZ). The Global Wind Energy Council (GWEC) said the legislative procedure for the bill is "progressing smoothly" and now moves to the Diet for further deliberation. If approved during the ordinary Diet... Continue Reading →
BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3:BRAV3), pursuant to CVM Resolution No. 44, following the material facts disclosed on December 27, 2024 and on January 10 and 24, 2025, informs its investors and the market in general that the Company's Board of Directors has defined that the scope of the possible divestment transaction of the... Continue Reading →
(oilnow.gy) Suriname is set for a wave of oil and gas exploration, with industry giants Shell, TotalEnergies, and Chevron leading efforts to tap into the country’s promising offshore reserves. Operators plan to drill around 10 wells between 2025 and 2027 in Suriname’s portion of the Guyana-Suriname Basin. A new report from Norway-based Rystad Energy said... Continue Reading →
(OM) The Guyana-Suriname basin has seen significant activity in recent years, with Guyana alone unearthing more than 13 billion barrels of oil equivalent (boe) of discovered volumes in the past decade. As operators in offshore Guyana continue to explore and develop its resources, the focus on its coastal neighbor, Suriname, is growing. Rystad Energy analysis forecasts... Continue Reading →
BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3:BRAV3), pursuant to CVM Resolution No. 44, following the material facts disclosed on December 27, 2024 and January 10, 2025, hereby informs its investors and the market in general that, in a meeting held on January 23, 2025, the Board of Directors deliberated on the qualified bidders for the... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras, further to the notice disclosed on November 27, 2024, hereby announces the start of the binding phase for the total transfer of its 25% minority interest in the exploration, development, and production of oil and natural gas in the Tartaruga Field, located in the municipality of Pirambu-SE, in shallow waters... Continue Reading →
(offshore-energy.biz) Allseas has completed its offshore pipelay commitments for a 700-kilometer-long natural gas pipeline in Mexico ahead of schedule, for its client TC Energy. The Southeast Gateway 36-inch natural gas pipeline runs south along the coast from Tuxpan through the Gulf of Mexico to Coatzacoalcos and Dos Bocas. Allseas delivered the pipeline in 11 months, which... Continue Reading →
(offshore-energy.biz) Isle of Man-headquartered oil and gas company Challenger Energy Group (CEG) is making progress in setting the stage to embark on a formal farm-out process later this year for a shallow water exploration block off the coast of Uruguay. As the firm is also expected to make up its mind about assets in Trinidad and... Continue Reading →
(OE) Petrobras has signed a 175-day addendum to Fugro’s current inspection, repair and maintenance services contract, performed by the Fugro Aquarius, to include fully remote subsea inspection surveys of shallow-water infrastructure in Brazil. Work will begin in January 2025, leveraging Fugro’s advanced Blue Essence uncrewed surface vessel (USV) and Blue Volta electric remotely operated vehicle... Continue Reading →
(Reuters) U.S. oil major Exxon Mobil and partners are continuing to negotiate with Guyana's government on the terms for developing a shallow-water oil block, an Exxon spokesperson said on Monday. Exxon, Hess and CNOOC won offshore block S8 in a bidding round launched in late 2022 by President Irfaan Ali's administration. The group remains interested... Continue Reading →
Brazil Energy Insight 