Brought to you by Quest Offshore & Southern Cone Consultants
July 14 (offshore-energy.biz) Norway-headquartered asset integrity management company Axess Group has picked up new assignments with Golar LNG, the Bermuda-headquartered owner and operator of liquefied natural gas (LNG) midstream infrastructure, for two floating LNG (FLNG) units destined to be deployed at Argentina’s LNG project on the South American country’s Atlantic coast. Axess Group has been... Continue Reading →
July 14 - Karoon Energy announced the resumption of production from the PRA-2 well at the Baúna field following an intervention that restored the umbilical connection and power supply to the electric submersible pump (ESP). Consequently, total field production has reached approximately 22,000 barrels per day, including a contribution of around 8,600 barrels per day... Continue Reading →
July 13 - Halliburton announced today (13) the signing of integrated contracts for well construction on the GranMorgu project—operated by TotalEnergies in the deep waters of Suriname. The agreement covers drilling and completion services for a long-term program and incorporates digital and automation solutions to enhance operational efficiency. "Securing these contracts demonstrates the value of... Continue Reading →
July 13 (splash247) The Brazilian state-controlled oil company Petrobras has emerged as one of the biggest gainers in the crude tanker market during the first half of 2026, as disruption in the Middle East shifted tanker demand towards Atlantic Basin crude flows. According to Poten & Partners’ Tanker Midterms report, Unipec retained its position as the... Continue Reading →
July 13 (oilnow.gy) PRIO’s Wahoo project offshore Brazil has reached first oil using TechnipFMC’s Subsea 2.0® production system. TechnipFMC announced on July 13 via a LinkedIn post that the installation represents the first use of the technology in a Brazilian pre-salt field. “As a greenfield development enabled through a tie-back approach, Wahoo demonstrates how innovation can unlock... Continue Reading →
CJuly 12 (oilprice.com) ompanies are gearing up for exploration drilling in deepwater blocks offshore Uruguay in the hope that the South Atlantic margin offshore South America could hold a lot of oil, similar to the recent discoveries offshore Namibia in Africa. Uruguay, with a limited exploration drilling history of three wells spudded, all dry,... Continue Reading →
July 10 (oilnow.gy) Staatsolie Maatschappij Suriname N.V. has received the fourth proposal under its Open Acreage model, extending a run of offshore proposal activity as Suriname works to advance its oil production ambitions. The state oil company announced on July 7, 2026, that it received a proposal for an area in Sector 2: SHO EAST,... Continue Reading →
July 9 (Reuters) - Brazil's government on Thursday approved the extension of a 12% tax on crude oil exports for another 60 days, a measure introduced in March amid rising oil prices linked to the Iran war. The decision was taken by Gecex, the executive management committee of Brazil's foreign trade chamber Camex, which said in... Continue Reading →
July 9 (Reuters) - Bolivia will launch technical talks next week with Brazil's state-run oil firm Petrobras on its possible return to exploration and production in the country, while the company is also willing to help restructure state energy firm YPFB, Energy Minister Marcelo Blanco said on Thursday. The government of President Rodrigo Paz is looking... Continue Reading →
July 8 - PetroReconcavo announced production of 24,000 barrels of oil equivalent per day (boe/d) in June. This volume represents a 0.8% increase compared to May, but a 10.4% decrease compared to the same month in 2025. At the Potiguar Asset, production totaled 12,300 boe/d, a 0.3% decline from the previous month. Of this total,... Continue Reading →
Brazil Energy Insight 