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July 1 - Just three days after reaching the milestone of 1.1 million barrels of oil per day last week, the Búzios field—located in the Santos Basin pre-salt—set a new production record. Last Friday (26), the field achieved an average daily production exceeding 1.2 million barrels of oil. This result was driven by the progress... Continue Reading →
July 1 (OE) Steel pipe supplier Tenaris has started operations at a new service center in Suriname to support the GranMorgu offshore project, operated by TotalEnergies with APA Corporation and Staatsolie Maatschappij Suriname as partners. Located in Paramaribo, the service center will provide integrated services for offshore operations, supporting TotalEnergies with the supply of casing,... Continue Reading →
June 30 (oilnow.gy) DOF Group ASA has secured a three-year contract for the Skandi Involver to support subsea work in Guyana’s Stabroek Block, where ExxonMobil Guyana Limited continues to advance offshore development activity. The Norway-based offshore and subsea services company announced on June 26 that the award was made through its North America subsea region.... Continue Reading →
On June 23, the Búzios field, located in the Santos Basin pre-salt, reached a record average daily production of 1.1 million barrels of oil per day, surpassing the 1-million mark achieved in October 2025. As the country's largest field in terms of production and reserve volume, Búzios accounts for approximately one-third of all oil production... Continue Reading →
June 24 - ASCO, a global logistics, materials management and operations specialist, has signed a Heads of Terms with N.V. Dordt Gateway to establish a strategic joint venture to support the development and operation of the Dordt Marine Support Base in Commewijne, Suriname. The agreement includes the formation of a joint operating company, Dordt Operations... Continue Reading →
June 24 (Reuters) - Energy producer TotalEnergies expects to begin a new well drilling campaign next year to extend its exploration targets in Suriname, the French company's vice president for exploration in the Americas said on Wednesday. TotalEnergies' largest development in Suriname, the $10.5 billion Gran Morgu offshore project, is set to begin oil output... Continue Reading →
June 24 (Reuters) Malaysia's state-controlled energy producer Petronas has made another gas discovery at offshore Block 52 in Suriname, the South American country's President Jennifer Simons said on Tuesday, while a company executive said the block's eight discoveries contain more than 1 billion barrels of oil equivalent. Suriname is seeking to follow neighbouring Guyana's transformation... Continue Reading →
June 23 (oilnow.gy) Venezuela’s efforts to restructure more than US$150 billion in sovereign and oil company debt could improve investor confidence in its energy sector, but obligations to China may complicate any final agreement, according to experts interviewed by S&P Global. The June 12 report noted that Venezuela’s total external debt is estimated at between... Continue Reading →
June 23 (OE) Italian energy services company Saipem has launched operations for the GranMorgu offshore project in Suriname with the arrival of the multi-purpose construction vessel Normand Navigator at the Jules Sedney Harbour commercial port in Paramaribo. The vessel is berthed and ready to begin preliminary activities for the project, which is located in Block... Continue Reading →
June 23 (OE) Energy and marine consultancy ABL has opened a new office in Salvador, Brazil, expanding its presence in the country and strengthening its asset integrity management offering for the oil and gas, maritime and industrial sectors. The new office will support asset integrity management projects in Brazil and across the wider Americas region,... Continue Reading →
Brazil Energy Insight 