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Aug. 24 (PN) Petrobras's board met last week and reached a decision that could alter the course of one of the sector's most anticipated projects. Due to discussions surrounding the "gas release" program, the company deemed it prudent to hit the brakes and reevaluate the export pipeline project for the Sergipe Deepwater (SEAP) development, anccording... Continue Reading →
Aug 23 (Reuters) - U.S. oil major ExxonMobil suspended operations at a facility off the coast of Guyana after a laundry-room fire broke out on a floating vessel, Bloomberg News reported on Sunday, citing a company statement. According to the report, the fire on the Liza Unity floating production, storage and offloading vessel was quickly... Continue Reading →
Aug. 20 (OE) Everllence has signed a contract with a Turkish shipyard within the high-speed segment. The contract comprises 16 × 175D gensets bound for 4 × Rampage 6000‑DE offshore terminal tugs designed by Robert Allen. These will be operated by Smit Lamnalco, a Boskalis company, in Guyana, South America to support an FPSO fleet... Continue Reading →
Aug. 20 - Alexandre de Gusmão FPSO, the fifth to be installed in the Mero field in the Santos Basin pre-salt, reached peak production, at 180,000 barrels of oil per day (bpd). Mero is the third largest producing field in Brazil, after Búzios and Tupi. “Each unit that reaches the maximum production level envisaged in the project not only contributes to the... Continue Reading →
Aug. 20 (oilnow.gy) The Errea Wittu floating production, storage and offloading vessel was positioned off Guyana’s coast on August 19, VesselFinder data showed. The automatic identification system data listed Georgetown, Guyana, as the vessel’s destination. It was traveling at 7.4 knots, with an estimated arrival time of 10 a.m. today. Arrival estimates can change based... Continue Reading →
Aug. 18 - Petrobras has filed a request to drill three wells with the Brazilian Institute of the Environment and Renewable Natural Resources (Ibama) for an environmental license to advance its oil and natural gas exploration campaign in the Foz do Amazonas Basin. This area is located along the Equatorial Margin, off the coast of... Continue Reading →
Aug. 17 (OE) As the market moves toward the end of the summer season in the northern hemisphere, several offshore support vessels are expected to roll off their contracts over the coming months. Shipowners are thus already positioning tonnage for the winter and next summer season. The CSOV market has remained tight over the past... Continue Reading →
August 17, 2026 Bergen, Norway and Rio de Janeiro - Corvus Energy, global market leader in marine energy storage systems, has entered into a strategic partnership with Belga Marine, a distinguished maritime and offshore service provider based in Brazil, to deliver specialized local support, expert aftermarket battery system services, and on-the-ground spare parts storage to... Continue Reading →
Aug. 14 (oilnow.gy) Guyana’s oil production fell in May and again in June, according to government data. ExxonMobil leads a consortium that has invested more than US$50 billion to explore and develop the resource offshore. Production averaged 869,000 barrels per day (b/d) in June. This was down from 895,000 b/d in May and 902,000 b/d... Continue Reading →
Aug. 14 (splash247.com) As shipowners place their first investments in ethanol-fuelled ships, engine technology is well prepared for growing uptake of the biofuel, writes Andrea Lazzaro, head of business intelligence at WinGD. When one of the world’s biggest dry bulk charterers backs a new alternative fuel type, the industry takes notice. But to anyone paying... Continue Reading →
Brazil Energy Insight 