Offshore South America News - page 3


Shearwater Nets ExxonMobil’s Contract for 4D OBN Survey Off Guyana

Feb 24, 2025

Offshore seismic services firm Shearwater Geoservices has secured large deepwater 4D ocean bottom node (OBN) reservoir surveillance program by ExxonMobil Guyana.Under the contract, Shearwater will begin a six-month survey starting in the first half of 2025…

Staatsolie Looks to Secure $1.5B to Join GranMorgu Project Off Suriname

Feb 24, 2025

Suriname's Staatsolie needs to secure an unprecedented $1.5 billion in bank financing this year to ensure it can participate in the country's Gran Morgu energy project, the head of the state-owned company told Reuters.The project, led by TotalEnergies…

Guyana Set to Sign Oil Exploration Deal with TotalEnergies-Led Group

Feb 24, 2025

Guyana expects to soon sign an oil production-sharing agreement with a consortium led by France's TotalEnergies that will allow it to explore an offshore area, Energy Minister Vickram Bharrat told Reuters.Guyana is the world's fastest-growing…

Constellation Plans Oslo Stock Exchange Listing

Feb 21, 2025

Constellation, a major offshore oil and gas drilling services provider in Brazil, operating 22% country´s offshore drilling rigs, has outlined its plan to list the company’s shares Euronext Growth Oslo.Constellation, with 1,800 employees and a 45-year track record…

Brava Energia to Connect Four More Wells to Atlanta FPSO

Feb 20, 2025

Brazil's Brava Energia will connect four more wells to its Atlanta field in the first half of 2025, as it starts shipping oil to commodity trading firm Trafigura under a supply deal for six million barrels.That will bring the total number of…

ExxonMobil, Guyana Plan Large-Scale Gas Scheme

Feb 20, 2025

U.S. oil major Exxon Mobil plans to boost natural gas output and supply in Guyana through a large-scale project announced on Wednesday, following the government's call for more gas to fuel onshore power and petrochemical projects.The 'Wales Gas Vision'…

ONE Guyana FPSO En Route to ExxonMobil’s Yellowtail Field

Feb 19, 2025

The fourth floating production facility to be operated by a consortium led by Exxon Mobil in Guyana has departed from Singapore on its route to the South American country's waters, according to a company executive and LSEG vessel tracking data seen on Tuesday…

ExxonMobil Targets 180,000 bpd of Oil at Guyana’s Hammerhead Project

Feb 18, 2025

A consortium led by U.S. major Exxon Mobil plans to produce up to 180,000 barrels per day (bpd) of oil and 95 million cubic feet per day (mmcfd) of gas at its seventh project in Guyana, Hammerhead, according to a document published by the country's environmental agency on Monday…

Amplus Energy Services Buys Altera’s FPSO Fresh Off Duty from Brazil

Feb 18, 2025

Floating production solutions specialist Amplus Energy Services has signed an agreement with Altera Infrastructure to acquire the Petrojarl I floating production storage and offloading (FPSO) unit, which recently completed its deployment at Petrobras’ Atlanta field offshore Brazil…

Petrobras to Assess Reuse of Demobilized Oil and Gas Platforms

Feb 18, 2025

Brazilian state-run oil firm Petrobras has signed two Protocols of Intent to carry out studies on the reuse of oil and gas production platforms that are in the demobilization stage.The first Protocols of Intent agreement was signed by Petrobras…

Petrobras Starts Production at Largest FPSO to Operate Offshore Brazil

Feb 17, 2025

The floating production, storage, and offloading (FPSO) unit Almirante Tamandaré, built by SBM Offshore, has started production at Petrobras’ Búzios field, offshore Brazil.This is the first high-capacity unit to be installed in the field, with the potential to produce up to 225…

New Oil Discovery Validates Potential of Buzios Field

Feb 17, 2025

Petrobras has made an oil discovery at the Búzios field, reaffirming the pre-salt potential of the field located in the Santos Basin, offshore Brazil.Petrobras confirmed the presence of oil with the drilling of well 9-BUZ-99D-RJS, located in the western region of the Búzios field…

Brava Energia Signs Supply Deal with Trafigura for Atlanta Oil

Feb 13, 2025

Brazilian oil and gas firm Brava Energia has signed a contract with Trafigura for the sale of oil from the Atlanta field, offshore Brazil.The contract is for the sale of a total volume of 6MM barrels of oil produced by the consortium in Atlanta field…

Woodside and Trinidad Agree Commercial Terms for Calypso Gas Discoveries

Feb 12, 2025

The government of Trinidad and Tobago and Woodside Energy have reached an initial agreement on the commercial terms for developing the company's Calypso deepwater gas discoveries, moving the project one step closer to a final investment decision…

Guyana Set to Terminate CGX and Frontera's License for Corentyne Offshore Block

Feb 11, 2025

Frontera Energy Corporation and CGX Energy have received a notice from the Government of Guyana for the cancelation of license for the Corentyne block offshore the South American country.According to the joint venture partners, Guyana has taken the position that the license…

Current News

VARD Snags $125m Shipbuilding Deal for Subsea Contruction Vessel

Imrandd Expands Work Scope for Apache’s North Sea Assets

Mitsui’s STATS Lands Malaysian Pipeline Isolation Job

Global Trade War Worries Grow as Trump Unveils Sweeping Tariffs

Subscribe for OE Digital E‑News

Offshore Engineer Magazine