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Dec. 10 (OE) Rockhopper Exploration has taken a final investment decision (FID) on Phase 1 of the Sea Lion oil development north of the Falkland Islands, allowing the long-delayed project to proceed after securing financing commitments and regulatory approvals. Partner and operator Navitas Petroleum has also approved FID. Rockhopper said both boards have approved financing... Continue Reading →
Dec. 10 (OE) French offshore services provider Bourbon has signed a five-year contract, with extension options, with ExxonMobil Guyana (EMGL) to provide maritime services in Guyana. It will start in the first quarter of 2026, with the commissioning of the large platform supply vessel (PSV) Bourbon Calm and covers the transport of products essential to... Continue Reading →
Dec. 9 (oilnow.gy) Suriname’s long-discussed gas-to-shore ambitions are gaining new momentum following PETRONAS’ recent declaration of commerciality for the Sloanea field in Block 52. The Sloanea-1 discovery, drilled in 2020, is now confirmed as a commercially viable gas field following appraisal work and technical studies carried out over the past two years. PETRONAS holds an 80... Continue Reading →
Dec. 9 - Prio is studying the interconnection of the FPSOs of the Peregrino and Tubarão Martelo fields, leveraging the proximity and successful experience of previous interconnections in the Polvo/Tubarão Martelo cluster (Project Phoenix), to optimize costs, increase efficiency and maximize oil recovery, a strategic move following the acquisition of Peregrino from Equinor. Strategy Details:Opportunity:... Continue Reading →
Dec. 8 - Petrobras launched a tender for the reuse of the topsides (production modules) of the P-35 and P-37 platforms, which operated in the Marlim field, in the Campos Basin, with the aim of modernizing them and reusing them in other projects, as a more economical alternative to decommissioning, taking advantage of the hulls... Continue Reading →
Dec 2 (Reuters) - Oil majors operating in Brazil have closed ranks to oppose a proposed merger between energy contractors Subsea7 and Saipem, and antitrust agency Cade has asked the two firms to provide its probe with new data on Friday, public documents seen by Reuters show. The resulting new firm, to be called Saipem7, would have... Continue Reading →
Dec. 2- Brazilian oil and gas production — including pre-salt, post-salt, and onshore — hit a new record in October, reaching 5.255 million barrels of oil equivalent per day. In total, 4.030 million barrels of oil per day were produced, a 2.9% increase compared to September and a 23.2% increase compared to October 2024. Natural... Continue Reading →
Dec. 2 - Porto do Açu is optimistic about future demand in the oil platform decommissioning market, even after the adjustment in resources that Petrobras intends to allocate to this activity. The assessment is that, even if the state-owned company decides to extend production in more mature fields, the services provided directly or indirectly will... Continue Reading →
Dec. 2 - Intermoor, Acteon’s Moorings and Anchors business line, has been awarded a three-year contract by Petrobras, following a Memorandum of Understanding (MoU) signed at the Offshore Technology Conference (OTC) in Houston in May 2025. With work due to commence in December 2025, Intermoor will deliver comprehensive quality assurance and traceability services across Petrobras’... Continue Reading →
Dec. 1 (TN) TGS began, this Saturday (November 29th), 3D marine seismic survey in the Pelotas sedimentary basin, Pelotas Norte Phase I program, 96 kilometers off the coast of the municipality of Laguna, in Santa Catarina, between the municipalities of Florianópolis and Palmares do Sul, at depths greater than 200 meters. The research area was... Continue Reading →
Brazil Energy Insight 