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ABB has secured a large order by Seatrium, a global provider of marine engineering solutions based in Singapore, for the supply of electrical equipment and automation solutions on a new generation of floating production storage and offloading (FPSO) vessels for operator Petrobras. The two vessels, P-84 and P-85, will be deployed in the Atapu and... Continue Reading →
(PN) Petrobras notified the National Petroleum Agency (ANP) about the discovery of oil signs in well 3-BRSA-1398-RJS, located in the Alto de Cabo Frio Central block, in the pre-salt area of the Campos Basin. The well is located in a water depth of 2,276 meters. The drilling of the well began at the end of... Continue Reading →
(OE) Norwegian offshore vessel operator Solstad Offshore has informed that its two Anchor Handling Tug Supply (AHTS) vessels, hired by Petrobras, have received approvals for work offshore Brazil. Solstad Offshore announced in April that its two AHTS vessels Normand Sigma and Normand Sirius secured contracts with Petrobras, subject to board approvals. The approvals have now been... Continue Reading →
(TN) ANP released the Monthly Bulletin of Oil and Natural Gas Production for April 2025, which contains consolidated data on national production. The month recorded a new record in pre-salt oil and gas production, with 3.734 million barrels of oil equivalent per day (boe/d). This represents an increase of 0.5% compared to the previous month... Continue Reading →
(oilnow.gy) Just across the Corentyne River, Suriname is watching. It has seen Guyana go from oil discovery to oil power in less than a decade, GDP booming, rigs multiplying and an international attention growing. But where Guyana surged ahead, Suriname is moving with caution. Guyana’s momentum was driven by multiple factors: a stable investment climate, a business-friendly... Continue Reading →
(TN) MODEC's fleet continues to stand out in the Brazilian offshore production scenario. According to the Dynamic Oil and Natural Gas Production Panel, from April 2025, made available by the National Agency of Petroleum, Natural Gas and Biofuels (ANP), FPSO Guanabara MV31, FPSO Almirante Barroso MV32 and FPSO Carioca MV30 are among the ten largest... Continue Reading →
(Reuters) Portugal's Galp expects to boost its oil and gas production in Brazil by around 40% over the next few years, when the promising offshore field Bacalhau reaches peak output, executive board member Nuno Bastos told reporters. Galp produces 110,000 barrels of oil equivalent per day (boepd) in Brazil through a 70%-30% joint venture with... Continue Reading →
In the final week and a half of April 2025, Guyana’s offshore oil production witnessed an uptick, with both the Liza 2 and Payara projects averaging approximately 260,000 barrels per day (b/d) each. This indicates that ExxonMobil, the operator of the Stabroek Block, has begun tapping into the optimized production capacities of these developments. ExxonMobil... Continue Reading →
(PN) British company BP has taken new steps in its exploratory activities in Brazil. This week, the company began drilling the wildcat well 1-BP-13-SPS, in the Bumerangue block, in the pre-salt layer of the Santos Basin. The activity is being carried out in a water depth of 2,372 meters with the drillship Valaris Renaissance. The... Continue Reading →
(offshore-energy.biz) Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has crossed off the task list the mooring of its new floating production, storage, and offloading (FPSO) vessel, which will enable the start of production from ExxonMobil’s fourth oil project in the Stabroek block off the coast of Guyana.... Continue Reading →
Brazil Energy Insight 