Ibama Requests Technical Details from Petrobras Regarding Biodegradable Fluid Leak at the Equatorial Margin

Jan. 8 - The Brazilian Institute of Environment and Renewable Natural Resources (Ibama) sent an official letter to Petrobras (PETR3;PETR4), requesting technical information about the biodegradable fluid leak accident during offshore drilling activity in Block FZA-M-59, on the Equatorial Margin. The letter was sent by the General Coordination of Environmental Licensing of Marine and Coastal... Continue Reading →

January 8, 2026 0

Axess Group secures asset integrity contract with Noble for Guyana drillships

Jan. 8 (oilnow.gy) Axess Group has secured a long-term Asset Integrity Management contract with Noble Corporation for operations offshore Guyana. The agreement covers inspection and certification services for four Noble drillships operating in Guyana’s offshore basin. The work is aimed at supporting safety, regulatory compliance, and operational performance. Under the contract, Axess said on January... Continue Reading →

January 8, 2026 0

Solstad’s Normand Turquesa AHTS on Extended Stay with Petrobras

Jan. 8 (OE) Norwegian offshore vessel owner Solstad Offshore has extended the previously agree four-year contract with Petrobras for its anchor handling tug supply (AHTS) vessel Normand Turquesa. The current Normand Turquesa contract with Petrobras has been extended by one year, and the start of the previously announced four-year contract has been amended from the... Continue Reading →

January 8, 2026 0

U.S. crude imports from Guyana rose to record levels in 2025

Jan. 7 (oilnow.gy) U.S. net imports of crude oil from Guyana rose to record levels in 2025, supported by rising offshore production and growing demand from U.S. refiners, according to data from the U.S. Energy Information Administration (EIA). Based on EIA data for the first 10 months of the year, U.S. net imports from Guyana... Continue Reading →

January 7, 2026 0

Venezuela to export $2 billion worth of oil to US in deal with Washington

Jan 6 (Reuters) - Caracas and Washington have reached a deal to export up to $2 billion worth of Venezuelan crude to the United States, U.S. President Donald Trump said on Tuesday, a flagship negotiation that would divert supplies from China while helping Venezuela avoid deeper oil production cuts. The agreement is a strong sign that the Venezuelan government... Continue Reading →

January 7, 2026 0

Norway’s Equinor does not plan return to Venezuela, CEO says

Jan 7 (Reuters) - Equinor does not plan a return to Venezuela, after leaving the country in the early part of this decade, the Norwegian oil and gas company's CEO told Reuters on Wednesday. "At the moment, that's not on the table," Anders Opedal said on the sidelines of a business conference. "We pulled out of... Continue Reading →

January 7, 2026 0

Transocean announces new contract with BP for drilling operation in Brazil

Jan. 4 - The Transocean Deepwater Mykonos rig has been contracted by BP for a campaign estimated at 302 days. Operations are scheduled to begin in the third quarter of 2026, contributing approximately US$120 million to Transocean's backlog. This amount does not include any additional services or compensation related to the mobilization and demobilization of... Continue Reading →

January 6, 2026 0

Petrobras Halts Drilling at the Equatorial Margin After Loss of Drilling Fluid in Rig

Jan. 6 (PN) The first operational challenge for Petrobras in the search for oil on the Equatorial Margin. The oil company halted drilling at the Morpho well, in block FZA-M-059, off the coast of Amapá last Sunday (4). In a note sent today the oil company explained that it interrupted the activity after identifying the... Continue Reading →

January 6, 2026 0

Uaru positions Guyana as runner-up in biggest new field race, production to start at 136,000 b/d – S&P

Jan. 6 (oilnow.gy) Guyana is set to rank second among the world’s largest new oil field start-ups in 2026, with first production from the Uaru field expected to begin in July at nearly 136,000 barrels per day (b/d), according to S&P Global Energy CERA on January 5. “Eight of the world’s largest oil field developments... Continue Reading →

January 6, 2026 0

TotalEnergies-led group schedules US$25 million seismic survey at Guyana’s Block S4

Jan. 6 (oilnow.gy) A consortium led by TotalEnergies plans to begin a US$25 million 3D seismic survey at Guyana’s offshore Block S4 in August 2026, a project summary from the Environmental Protection Agency (EPA) said. The proposed campaign will cover about 2,000 square kilometers in shallow waters roughly 40 km offshore, at depths of 20 to... Continue Reading →

January 6, 2026 1

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Category: South America

Ibama Requests Technical Details from Petrobras Regarding Biodegradable Fluid Leak at the Equatorial Margin

Axess Group secures asset integrity contract with Noble for Guyana drillships

Solstad’s Normand Turquesa AHTS on Extended Stay with Petrobras

U.S. crude imports from Guyana rose to record levels in 2025

Venezuela to export $2 billion worth of oil to US in deal with Washington

Norway’s Equinor does not plan return to Venezuela, CEO says

Transocean announces new contract with BP for drilling operation in Brazil

Petrobras Halts Drilling at the Equatorial Margin After Loss of Drilling Fluid in Rig

Uaru positions Guyana as runner-up in biggest new field race, production to start at 136,000 b/d – S&P

TotalEnergies-led group schedules US$25 million seismic survey at Guyana’s Block S4

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