Brazil
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Brazil’s ANP extends BW Energy’s contract for the deepwater field from 2031 to 2042, and BW plans to further develop the field.
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In the next 3 to 5 years, South America and the Middle East will lead global investment, driven by greenfield developments, exploration, and midstream infrastructure. Brazil’s growth is fueled by deepwater pre-salt projects, while the Middle East focuses on gas and LNG, especially in Qatar, Saudi Arabia, and the UAE.
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The company said that quitting its solar and onshore wind power generation projects in Brazil is part of a "portfolio adjustment."
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Operator targeting 2029 for first production from the pre-salt gas-condensate discovery off Brazil.
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Mero expects to increase its production capacity to over 700,000 B/D.
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Discovered in 2010, the Búzios field offshore Brazil achieved a new milestone with the installation of its sixth production facility.
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The first two wells at Brava Energia’s Atlanta field are producing, with four more to be connected this year.
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Oil price visibility, projects competing for funds, and regional market softness are all factors resulting in muted demand for deepwater rigs this year.
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This paper presents an overview of the operator’s Marlim and Voador fields revitalization project, highlighting features and main achievements in the context of Campos Basin redevelopment.
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The planned use of an uncrewed surface vessel to inspect shallow-water infrastructure for Petrobras follows a previous remote operation survey for the operator.
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