Offshore South America News


Gulf Marine Services Expands Brazil Presence with New Jack-Up Charter

Jul 16, 2026

Gulf Marine Services (GMS) has secured a four-year charter for one of its self-elevating accommodation units to support offshore operations in Brazil, strengthening its presence in the Latin American market.The contract, signed with an international offshore accommodation services provider…

Shell Targets 2027 Drilling at Venezuela's Dragon Gas Field

Jul 15, 2026

Shell has begun tendering for drilling services for its Dragon offshore gas project in eastern Venezuela, part of a plan to drill four wells there beginning in the second quarter of 2027, according to two people familiar with the process.The…

Halliburton Nets Drilling and Completions Deal for TotalEnergies’ GranMorgu Scheme

Jul 14, 2026

Oilfield services firm Halliburton has been awarded integrated drilling and completions contracts for the GranMorgu deepwater development offshore Suriname, operated by TotalEnergies.The long-term agreement covers drilling and completions services for the project…

Petrobras Concludes Acquisition of São Tomé and Príncipe Offshore Block

Jul 10, 2026

Brazilian state-controlled oil company Petrobras has completed the acquisition of a 75% interest and operatorship in Block 3 offshore São Tomé and Príncipe, expanding its exploration portfolio in Africa.Following completion of the transaction…

Petrobras Pays $58M for Extended Wells Compliance Deadline

Jul 08, 2026

Brazilian state-run oil firm Petrobras signed an agreement committing to bring 335 offshore wells into technical compliance, oil and gas regulator ANP said in a statement on Tuesday.Under the signed agreement, Petrobras has until the end of 2030 to comply with the rules…

MODEC Advances Construction of Brazil-Bound Gato do Mato FPSO

Jul 02, 2026

MODEC has completed the forward hull section of floating production, storage and offloading (FPSO) vessel Gato do Mato, marking a key construction milestone for the Brazil-bound offshore production unit.The forward hull section, built at Sumitomo…

Tenaris Opens Suriname Service Center to Support GranMorgu Offshore Project

Jul 01, 2026

Steel pipe supplier Tenaris has started operations at a new service center in Suriname to support the GranMorgu offshore project, operated by TotalEnergies with APA Corporation and Staatsolie Maatschappij Suriname as partners.Located in Paramaribo…

MODEC Sends Brazil FPSO to Denmark for Recycling After 17 Years in Operation

Jun 30, 2026

Cidade de Niterói MV18 floating production, storage and offloading vessel (FPSO) unit, owned and operated by MODEC, has arrived at a ship recycling facility in Denmark after completing charter and operations and maintenance services for Petrobras at the Marlim Leste field offshore Brazil…

Petrobras, Pemex Agree to Assess Joint Opportunities in Oil and Gas Sector

Jun 24, 2026

Brazil's state-controlled oil company Petrobras and Mexico's state oil producer Pemex have signed a memorandum of understanding (MoU) to establish strategic and technical cooperation on projects in the hydrocarbons sector, including exploration and production and industrial processes…

Brazil Clears Subsea7-Saipem Merger Without Conditions

Jun 24, 2026

The general superintendence of Brazil's antitrust watchdog CADE approved the proposed merger between energy contractors Subsea7 and Saipem without restrictions, a document seen by Reuters showed on Tuesday.The merger between two of the leading…

Petronas Makes New Gas Discovery Offshore Suriname

Jun 24, 2026

Malaysia's state-controlled energy producer Petronas has made another gas discovery at offshore Block 52 in Suriname, the South American country's President Jennifer Simons said on Tuesday, while a company executive said the block's eight discoveries…

Saipem Mobilizes for GranMorgu Oil Development off Suriname

Jun 23, 2026

Italian energy services company Saipem has launched operations for the GranMorgu offshore project in Suriname with the arrival of the multi-purpose construction vessel Normand Navigator at the Jules Sedney Harbour commercial port in Paramaribo…

ABL Expands Asset Integrity Services in Brazil

Jun 23, 2026

Energy and marine consultancy ABL has opened a new office in Salvador, Brazil, expanding its presence in the country and strengthening its asset integrity management offering for the oil and gas, maritime and industrial sectors.The new office…

TGS, SLB Launch 3D Seismic Survey in Brazil's Pelotas Basin

Jun 18, 2026

TGS and partner SLB have launched a multi-client 3D seismic survey in the Pelotas Basin offshore southern Brazil, expanding subsurface data coverage in a frontier exploration area that has attracted growing industry interest.The Pelotas Sul Phase 1 survey covers approximately 13…

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