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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. 9 (oilnow.gy) Ghana-based Cybele Energy Limited is set to sign a petroleum agreement on Tuesday, December 9, to explore for oil and gas offshore Guyana. This will be the second block awarded from the country’s first competitive offshore auction. The ceremony will take place at the Pegasus Suites and Corporate Center in Georgetown, where... 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. 8 (Reuters) Petrobras could start producing at the Sudoeste de Tartaruga Verde block in about two years, Sylvia Anjos, the state-run oil firm's head of exploration and production, said on Friday. The firm made a discovery at the block, located in the country's Campos basin, in November. It was "brilliant," Anjos said on the... Continue Reading →
Dec 4 (Reuters) - The chief executive of Argentina's state-controlled energy company YPF expects a final investment decision on a $20 billion, 12 million metric ton per year liquefied natural gas project around the middle of next year, he told Reuters on Thursday. Horacio Marin added that he expected YPF and its partners in the project,... Continue Reading →
Dec. 4 - BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), informs its investors and the market in general the preliminary and unaudited production data for the month of November 2025. The company recorded an average production of 70,3 thousand boe/d during the period. The month's result was impacted by scheduled maintenance at Papa-Terra and... Continue Reading →
December 2, 2025 - PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices incorporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of November. Key: (1) Production at the Albacora Leste field was impacted by a failure in the gas compression system, which lacks adequate redundancy, that is expected... Continue Reading →
Dec 4 (Reuters Breakingviews) - Shell’s status as Big Oil’s safest pair of hands has its limits. The $212 billion UK major's dividend is relatively more secure against oil price slumps than peers, its net debt is a low 21% of total capital, and operating costs are over 10% less than two years ago. Yet Shell... Continue Reading →
Dec. 4 (OE) The Borkum Riffgrund 3 offshore wind farm, jointly owned by Ørsted and Nuveen Infrastructure, has started delivering power to the German grid. The 913 MW offshore wind farm delivered its first power to the grid on December 3, 2025. The renewable electricity from Borkum Riffgrund 3 will, through several long-term corporate power... Continue Reading →
Brazil Energy Insight 