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South America
Brazil, Guyana and Venezuela Transform South America Into the World's Fastest Growing Oil Export Region in 2026
South America

Brazil, Guyana and Venezuela Transform South America Into the World’s Fastest Growing Oil Export Region in 2026

South America has raised its oil exports more than the U.S. has done so far this year as key producers…
Venezuela
South America

Venezuela Wants Oil Firms to Supply Their Own Power

Energy companies heading to Venezuela are being told to bring their own power plants to run their oil and natural…
Staatsolie Says Petronas-Operated Block 52 Could deliver Oil Within 18 Months Following Confirmed Gas Win in Suriname
South America

Staatsolie Says Petronas-Operated Block 52 Could deliver Oil Within 18 Months Following Confirmed Gas Win in Suriname

Suriname’s offshore Block 52, which has already yielded a major gas discovery, could be declared commercial for oil within the…
oil prices
South America

Oil Drops Sharply as US-Iran Peace Deal Declared “Largely Negotiated” Hormuz to Open Without Tolls Under 60-Day MoU

According to an oil market analyst, oil prices dropped today due to easing geopolitical tensions. “On late Saturday, there seemed…
Borr Drilling secures fresh jackup work in Suriname and Vietnam
South America

Borr Drilling secures fresh jackup work in Suriname and Vietnam

Offshore jackup rig player Borr Drilling has announced in its fleet status report that it has secured new contracts for…
saipem
South America

Saipem and Petrobras Sign Decommissioning MoU to Develop Integrated Well P&A and Subsea Removal Solutions Across Brazil’s Ageing Offshore Infrastructure

Italian offshore contractor Saipem is positioning itself for a larger role in Brazil’s emerging decommissioning market after signing a cooperation…
$3.2 billion move on LLOG opens doors to Gulf of America oil & gas scene for Harbour
South America

$3.2 billion move on LLOG opens doors to Gulf of America oil & gas scene for Harbour

London-listed oil and gas company Harbour Energy has made a multibillion-dollar play for the U.S.-headquartered LLOG Exploration Company (LLOG), which…
Cuba Runs Out of Diesel and Fuel Oil as Blackouts Worsen
South America

Cuba Runs Out of Diesel and Fuel Oil as Blackouts Worsen

Cuba has run out of fuel oil and diesel, with only a limited supply of gas left, the BBC reported…
DOF
South America

DOF awarded 12-year Petrobras RSV contracts for Brazil deepwater operations

DOF Group ASA has secured nearly $2 billion in long-term contracts with Petrobras for four new ROV support vessels (RSVs)…
semisubmersible-SSV-Victoria
South America

Weatherford awarded MPD contract for Ventura Offshore’s SSV Victoria in Brazil

Weatherford secured a managed pressure drilling contract from Ventura for the semisubmersible SSV Victoria, which is scheduled to operate in…

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