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Friday, March 5, 2021
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Brazil moving to implement reforms to lure investors as competition from...

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Mature oil producer Brazil is looking to implement important oil industry reforms in 2021 to remain one of the world's top destinations for investments...

Permit delays in Brazil could see Guyana emerge as deepwater winner...

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Oil companies operating in Brazil have long complained about delays getting drilling permits and environmental impact reports approved by the Brazilian Institute of Environment...

Brazil’s Petrobras strikes high-quality oil at Búzios field

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Brazil state-oil company Petrobras has made a discovery of high-quality crude at the Búzios field, in the Santos Basin. The company confirmed Tuesday the...

GE supporting Oil Field Revitalization Project in Brazil

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Sulzer Pumps UK have awarded GE Power Conversion a contract to supply the motors for the four water injection pumps which will equip a...

Brazil removes 32 high potential offshore blocks from 17th bid round

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(S&P Global Platts) Brazil's National Energy Policy Council, or CNPE, dealt a sharp blow to the country's offshore exploration and production program by removing...

Brazil’s Petrobras could turn to Guyana for offshore acreage, CEO says

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(S&P Global) Brazilian state-led oil company Petrobras could turn to Guyana for access to acreage along South America's equatorial margin if local environmental regulators...

ExxonMobil to prioritize spending on “advantaged assets” in Guyana, USA and...

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Following a review of its future business plans, ExxonMobil announced on Monday that it intends to prioritize near-term capital spending on advantaged assets with...

Brazil’s Petrobras targets oil output of 2.7 million b/d by 2025

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(S&P Global) Brazilian state-led oil company Petrobras plans to spend $55 billion over the next five years to develop subsalt fields that will boost...

Energy, infrastructure take centre stage in high-level Guyana, Brazil meeting

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Guyana’s President, Dr Irfaan Ali on Thursday announced an amplification in bilateral relations between Guyana and Brazil after a meeting among high level government...

Guyana and Suriname joining Brazil as South America’s hottest deepwater plays

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Offshore exploration and production activities in South America have long been dominated by Brazil with its vast offshore pre-salt developments. State oil company Petroleo...