Offshore South America News - page 3

 

FPSO off Brazil Stabilizing Production After Halt

Dec 30, 2025

Production at Brazilian state-run oil firm Petrobras' P-69 offshore oil platform, in the country's Tupi field, was temporarily interrupted due to a routine safety procedure, the company told Reuters in a statement on Monday.The platform, which produced an average of 106…

Petrobras Greenlights Funds for Second Phase of Brazil's Deepwater Scheme

Dec 30, 2025

Brazilian state-run oil company Petrobras has approved the final investment decision (FID) for Module 2 of its Sergipe Deep Waters (SEAP II) project in the Sergipe-Alagoas Basin, a move that will expand the availability of domestic natural gas…

Petronas Drills First of Four Wells in Block Offshore Suriname

Dec 29, 2025

Petronas has completed drilling of the Caiman-1 exploration well in Block 52 offshore Suriname, marking the first well in its four-well 2025–2026 drilling campaign in the block.The Caiman-1 well was spudded on July 21, 2025 and safely plugged and abandoned on December 6…

Brazil Court Orders Workforce to Stay at 80% as Petrobras Strike Drags On

Dec 29, 2025

Brazil's Superior Labor Court ruled staffing levels to remain at 80% at all Petrobras facilities in Brazil as negotiations between workers at the state-run oil company drag on amid a prolonged strike.In a statement from the court, the ruling…

US Orders Military to Enforce ‘Quarantine’ of Venezuelan Oil

Dec 26, 2025

The White House has ordered U.S. military forces to focus almost exclusively on enforcing a 'quarantine' of Venezuelan oil for at least the next two months, a U.S. official told Reuters, indicating Washington is currently more interested in…

Viridien Completes Reimaging of BM-S-2 Multi-Client Survey in Santos Basin

Dec 22, 2025

Viridien has successfully completed the BM-S-2 seismic reimaging project in the southern Santos Basin, delivering a modern, high-fidelity 3D dataset across 8,468 sq km to support growing exploration activity in one of the most strategic, emerging offshore regions of Brazil…

DOF Bags Multiple Vessel Deals with Petrobras in Brazil

Dec 18, 2025

Norwegian offshore supply vessel owner DOF Group has secured seven new contract extensions with Petrobras for its offshore support vessels (OSVs) in Brazil, valued over $160 million.Five of DOF's Brazilian-flagged anchor handling tug supply (AHTS) vessels…

Trump Targets Venezuelan Oil Exports with ‘Sanctioned’ Tankers Blockade

Dec 17, 2025

U.S. President Donald Trump ordered on Tuesday a 'blockade' of all sanctioned oil tankers entering and leaving Venezuela, in Washington's latest move to increase pressure on Nicolas Maduro's government, targeting its main source of income.It…

Brava Energia in Negotiations to Offload Gas Wells to Eneva

Dec 17, 2025

Brazil's Brava Energia is negotiating the sale of three gas wells to Eneva in a deal that could be worth around $450 million, Valor Economico reported on Tuesday.Two wells are located in the Manati and Peroa offshore fields, and one in the Reconcavo onshore field…

Petrobras Keeps Oil Output Steady Amid Strikes on Platforms and Refineries

Dec 16, 2025

A strike at Brazil's Petrobras has reached workers in refineries and offshore oil platforms, according to local union FUP, as the state-run oil firm said the mobilization has had no impact on output so far.The firm said on Monday that it has…

Petrobras Auctions Two Offshore Platforms for Recycling

Dec 15, 2025

Brazil's state-run oil firm Petrobras has launched an auction to sell two old offshore platforms no longer in production for sustainable recycling, the firm said on Friday.Platforms P-19 and P-26 will be sold separately, said the firm, adding that together they contain about 40…

Shell Picks Valaris Drillship for Work Offshore Brazil

Dec 12, 2025

Offshore drilling contractor Valaris has secured a multi-year contract with Shell for its VALARIS DS-8 drillship, which will be put to work offshore Brazil.The contract is expected to start in the first quarter of 2027, with an estimated duration of approximately 800 days…

TGS Gets Streamer 4D Job Offshore Brazil

Dec 11, 2025

Energy data and intelligence firm TGS has secured a streamer 4D contract in the Campos Basin, offshore Brazil.A Ramform vessel is scheduled to mobilize for the survey in the second half of 2026, with the contract expected to last approximately 75 days…

Bourbon Inks Multi-Year PSV Deal with ExxonMobil in Guyana

Dec 10, 2025

French offshore services provider Bourbon has signed a five-year contract, with extension options, with ExxonMobil Guyana (EMGL) to provide maritime services in Guyana.It will start in the first quarter of 2026, with the commissioning of the…

Brazil’s Petrobras Targets Rapid Start-Up at Sudoeste de Tartaruga Verde

Dec 08, 2025

Brazil's 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…

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