Brazil

Malaysia plans to launch its 2023 bid round in Q1, hoping to exceed last year’s completion of 18 exploration wells that boasted a 60% success rate in new offshore hydrocarbon discoveries.

The supermajor is expected to put off green-lighting the presalt project for up to 2 years.

Petrobras will continue to operate the assets following the selldown of working interest.

Equinor’s COVID-19-delayed Peregrino C production platform finally produces first oil off the coast of Brazil.

The paper presents results of single-phase and multiphase electrical-submersible-pump tests as well as operation data, lessons learned, and failure examples gathered over 10 years of operation in a highly viscous offshore oilfield.

New awards and extensions to previous work are valued at almost $500 million.

The contractor will finalize the chosen FPSO solution for the development in the Campos Basin pre-salt off Brazil.

The duo looks to new drilling of the $8-billion pre-salt project in the Santos Basin.

The sale is subject to the closing of the acquisition by BW Energy of the 100% operating working interest in the Golfinho field from Petrobras.

Sempra lands partners for a CCS deal in Louisiana, while Shell eyes newbuild ships for CCS transport. An offshore alliance targets floating wind technology, and global hydrogen projects gain momentum in the UAE, Africa, and Brazil.