Alexandre de Gusmão floating, production storage and offloading (FPSO) unit has entered Brazilian waters, and is heading to Petrobras’ Mero field in Santos Basin for commissioning works before being put into production later in 2025.Alexandre de Gusmão FPSO departed China, heading for Brazil back in December 2024.The news of the FPSO’s arrival to Brazilian water has been shared by Petrobras’ President Magda Chambriard on March 5…
Guyana's Natural Resources ministry has ordered the country's tax agency to begin a dispute resolution with Exxon Mobil over the recovery of some $214 million in expenses registered by the U.S. oil major.Expenses reported by Exxon as part of…
Constellation, an offshore oil and gas drilling services provider in Brazil, has started trading on Euronext Growth Oslo, under the ticker symbol ‘COSH’.Constellation holds about one fifth of Brazil’s country’s offshore drilling market.Constellation…
Offshore drilling contractor Noble Corporation has secured a contract for its Noble Regina Allen jack-up rig with an undisclosed operator offshore Suriname.The one-well contract will span approximately 65 days, and is expected to begin in the fourth quarter of 2025…
Brazilian oil and gas firm PRIO, formerly PetroRio, has secured a drilling license from the Brazilian Institute of the Environment and Renewable Natural Resources (IBAMA) for the Wahoo field in the Campos Basin, offshore Brazil’s state Espírito Santo…
Energy industry services firm EnerMech has been selected to carry out pre-commissioning work on the ONE Guyana FPSO for Guyana Deepwater Operations, SBM Offshore’s subsidiary in Guyana.The FPSO is currently on its way to Guyana, having departed Singapore in February…
Companies from around the world have proposed to develop 69 offshore areas in Colombia's first offshore wind energy auction, the South American country's National Hydrocarbons Agency (ANH) said on Thursday.Why It's ImportantThe auction is a…
Trinidad and Tobago is reaching out to U.S. President Donald Trump's administration to understand if his announced cancellation of oil licenses related to Venezuela will affect authorizations for projects with the Caribbean nation, Energy Minister Stuart Young said on Thursday…
U.S. President Donald Trump on Wednesday said he was reversing a license given to Chevron to operate in Venezuela by his predecessor Joe Biden more than two years ago, accusing President Nicolas Maduro of not making progress on electoral reforms and migrant returns…
Trinidad and Tobago plans to ask U.S. President Donald Trump's administration to extend a license for Shell and Trinidad's National Gas Company to develop a key gas project in Venezuela, four sources close to the preparations said.The U.S. license…
African Export-Import Bank (Afreximbank) has unveiled plans to establish a $1 billion oil service financing facility in Guyana, which aims to enhance local participation in the country’s fast growing oil industry.The bank will deploy the $1…
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…
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 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, 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…
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