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Nov. 13 (Reuters) Suriname's Staatsolie has approved the commercial declaration of the Sloanea gas discovery by Malaysia's Petronas at one of the country's most promising offshore areas, Block 52, the state-run company said on Thursday. The declaration follows a production sharing contract signed in 2013 to explore for oil and gas in the block, three... Continue Reading →
Nov. 13 (OE) Singapore-based engineering group Seatrium has reported strong execution in the third quarter ended September 30, 2025, bolstered by major offshore and wind project deliveries, a high-value order book and strategic asset sales. The group’s net order book stood at about $12.8 billion (S$16.6 billion), covering 24 projects slated for delivery through 2031.... Continue Reading →
Nov. 13 (oilnow.gy) Three of ExxonMobil’s 2025 exploration and appraisal wells in Guyana’s Stabroek Block — Hamlet-1, Barreleye-2, and Lukanani-2 — are strategically positioned updip of the prolific ‘Golden Lane’ trend. This is according to a November 11 report from global energy magazine GeoExPRO. “These targets are strategically positioned updip of the prolific ‘Golden Lane’... Continue Reading →
Nov. 13 (oilnow.gy) ExxonMobil Guyana announced on Wednesday that the country’s daily oil production has reached a new milestone of 900,000 barrels per day, following the ramp-up of the Yellowtail project to full capacity. Yellowtail, Guyana’s fourth offshore development, has achieved its designed production rate of 250,000 barrels of oil per day (bopd). This, combined... Continue Reading →
Nov. 13 (Reuters) Dutch oil and gas services company SBM Offshore increased its annual earnings outlook for the second time this year on Thursday, lifting its shares, as operating performance improved. The Amsterdam-listed company reported a 26% increase in its directional revenue to $3.6 billion in the third quarter, helped by a 90% rise in... Continue Reading →
Nov. 13 (OE) Marine geophysical services company PXGEO has signed two significant contracts with Petrobras-led consortia, to deliver seismic data acquisition and monitoring services in the Santos Basin, offshore Brazil. The projects will run consecutively in 2026 with PXGEO deploying its proprietary MNode 4C ocean bottom node (OBN) technology as part of the scope. The... Continue Reading →
Nov. 12 (oilpeice.com) In a surprise development, Argentina’s unconventional oil production hit a new all-time high for September 2025. This occurred despite overall monthly production falling marginally when compared to the prior period and shale gas output plummeting to a multi-month low. It is the prolific Vaca Muerta shale that is driving Argentina’s rapidly rising oil and... Continue Reading →
Rio de Janeiro, November 11, 2025 – PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), in addition to the Material Fact disclosed on May 1st, 2025, informs its shareholders and the market in general that, after the fulfillment of the precedent conditions and the necessary approvals, the acquisition of 40% interest and operation of the Peregrino... Continue Reading →
Nov. 11 - The P-79 FPSO left the Hanwha Ocean shipyard, located in Geoje-Si, South Korea, heading to the Búzios field, in the pre-salt layer of the Santos Basin. The unit will be towed to the operating area with the crew on board, which should speed up the start of production. Arrival is scheduled for... Continue Reading →
Nov 11 (Reuters) - Oil producers TotalEnergies, QatarEnergy and Petronas have signed a five-year agreement with Guyana's government to explore a shallow-water block, authorities and company executives said on Tuesday. Guyana has struggled to diversify its energy industry, currently dominated by a consortium that is led by U.S. Exxon Mobil and that has controlled all crude... Continue Reading →
Brazil Energy Insight 