TotalEnergies SE (NYSE:TTE) is on the cusp of increasing its oil production by 3% per year between 2024 and 2030. That was ...

PBR signs a R$8.4 billion contract with Subsea 7 for the Buzios 11 Project, focusing on local content and job creation, with offshore work scheduled for October 2027.

CNOOC Limited announced on Tuesday that Mero4 Project, located in the Santos Basin pre-salt southeastern offshore Brazil, ...

The FPSO Alexandre de Gusmão has begun operations in the Mero field, part of the Libra block in the pre-salt Santos Basin, ...

Petrobras PBR, Brazil’s state-controlled oil giant, has taken a major step toward reinforcing its global energy footprint through the signing of a memorandum of understanding (MoU) with Sonangol, ...

Equinor Brasil Energia Ltda., a subsidiary of Equinor ASA (EQNR.OL), announced on Thursday the sale of its 60% operated interest in Brazil’s Peregrino oil field to Prio Tigris Ltda., a unit of ...

Couldn't resolve component "default" at "/:pathMatch (.*)?/:lcsId ( [0-9]\- [0-9]\- [0-9]+| [0-9]- [0-9]- [0-9]+PT [0-9]+)" ...

The subsea equipment, to be installed in water depths of approximately 2000 metres, will serve 15 development wells, including eight oil producers and seven water-alternating-gas (WAG) injectors.

Mero-4 will connect 12 wells to the new Alexandre de Gusmão floating production, storage and offloading (FPSO) facility, ...

Norwegian energy major Equinor is selling a 60% stake in a Brazilian oil field for about $3.50 billion, part of its effort to "high-grade" its international portfolio. Equinor's Brazilian ...

While international majors are sitting tight while the macro storm unfolds, they have few doubts over the long-term outlook ...

Peak output is projected at 62,000 barrels of oil equivalent per day. Subsea 7 will provide ... which uncovered multiple stacked gas zones east of the Mahogany field. The company is now eyeing ...