Offshore South America News


Attack on Guyana, Exxon Would Be 'Bad Day' for Venezuela, Rubio Warns

Mar 28, 2025

U.S. Secretary of State warned Venezuela on Thursday that it would be 'a very bad day' for the South American country if it were to attack its neighbor Guyana or U.S.-based energy giant ExxonMobil, in comments that threatened unspecified action in such a case…

Gas Project with Venezuela Goes Full Steam Ahead, Trinidad PM Says

Mar 28, 2025

Companies planning a flagship offshore gas project between Venezuela and Trinidad and Tobago 'have not slowed down' work, Trinidad Prime Minister Stuart Young said on Thursday, despite the United States increasing pressure on sanctioned Venezuela…

Floatel Victory Flotel to Stay with Equinor Offshore Brazil

Mar 27, 2025

Oslo-listed offshore accommodation rig provider Floatel International has secured a contract extension with Equinor for its Floatel Victory semi-submersible accommodation unit.Under the contract extension, Floatel Vicotry will continue to provide…

Petrobras Finds Hydrocarbons in Campos Basin Exploratory Well

Mar 25, 2025

Brazilian state-run oil and gas company Petrobras has identified the presence of hydrocarbons in the Campos Basin pre-salt, in an exploratory well of Norte de Brava block.The hydrocarbons have been found in the well 1-BRSA-1394-RJS, located 105 km from the state of Rio de Janeiro…

MODEC Gets Shell’s Gato do Mato FPSO Ops and Maintenance Job

Mar 25, 2025

MODEC has signed an agreement with Shell for the operations and maintenance of the floating production, storage and offloading (FPSO) vessel, to be deployed at Gato do Mato deepwater field off Brazil, for a period of 20 years.The agreement follows…

Shell Makes FID for Deepwater Gato do Mato Project off Brazil

Mar 21, 2025

Shell Brasil Petróleo, a subsidiary of Shell, has taken the Final Investment Decision (FID) for Gato do Mato, a deepwater oil and gas project in the pre-salt area of the Santos Basin, offshore Brazil.The Gato do Mato Consortium includes Shell (operator with a 50% stake)…

Baker Hughes to Deliver Completions Systems for Petrobras’ Offshore Field

Mar 20, 2025

Energy technology company Baker Hughes has signed a multi-year agreement with Petrobras to deliver fully integrated completions systems for its offshore deepwater fields.The award followed an open tender and will leverage Baker Hughes’ innovative…

Petrobras Extends Skandi Buzios Pipelay Vessel’s Stay Off Brazil

Mar 20, 2025

Petrobras has extended the long-term contract for Skandi Buzios pipelay support vessel (PLSV), owned and operated by joint venture between DOF and TechnipFMC.The existing contract has been extended from April 2025 to September 2026.The PLSV Skandi Buzios went back on-hire to Petrobras on August 1…

T12 Engineering Secures Oil and Gas Equipment Supply Deal in Brazil

Mar 19, 2025

U.K.-based T12 Engineering has strengthened its international footprint, having secured a three-year framework agreement in Brazil with an independent oil and gas operator.This builds on the successful delivery of three key pieces of equipment…

Petrobras Finds Hydrocarbons in Aram Block Off Brazil

Mar 18, 2025

Brazilian state-run oil and gas company Petrobras has identified presence of hydrocarbons in the Santos Basin pre-salt, in an exploratory well of Aram block, offshore Brazil.The well, 4-BRSA-1395-SPS, is located 245 km from the city of Santos-SP…

Brava Energia, Shell Agree Oil Sale from Atlanta Field

Mar 14, 2025

Brazilian oil and gas firm Brava Energia has signed a contract with Shell Western Supply and Trading, Shell’s subsidiary, for the sale of oil from the Atlanta field, offshore Brazil.Brava Energia said the contract provides for flexible conditions…

Colombia Plans to License Petrobras, Ecopetrol Gas Project by Mid-2026

Mar 14, 2025

Brazilian state-run oil company Petrobras and its Colombian counterpart Ecopetrol could have the licenses needed for moving forward a joint offshore gas project in Colombia by mid-2026, said Orlando Velandia, head of Colombia's hydrocarbons regulator…

ExxonMobil's Longtail to Produce Up to 1.5 BCFD of Gas

Mar 12, 2025

The eighth energy project in Guyana of a consortium led by U.S. major Exxon Mobil will produce up to 1.5 billion cubic feet per day (bcfd) of natural gas and 290,000 barrels per day on condensate through a floating production facility that will have capacity to export the fuel…

Petrobras’ Test at Sirius-2 Well Offshore Columbia Proves 'Good Productivity'

Mar 10, 2025

Petrobras has informed that a Drill Stem Test (DST) in the Sirius-2 well, located in deep waters of the Gujaira Basin offshore Colombia, proved ‘good productivity’.The DST assessed to approximately 100 meters reservoir interval, which demonstrated good productivity…

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