Shell Takes FID on Gato do Mato Project Offshore Brazil

Shell Plc will be the operator and 50% owner, with Ecopetrol holding 30% interest and TotalEnergies 20%.

March 23, 2025

Petrobras to Deploy Baker Hughes Completion Technology Offshore Brazil

Baker Hughes will be combining its completions technologies with conventional upper and lower completions solutions at Petrobras’ offshore developments.

March 20, 2025

What's Affecting Oil Prices This Week? (March 3, 2025)

For the upcoming week, Stratas Advisors expects oil prices to continue bouncing around but overall trend upward.

March 3, 2025

KNOT Offshore Partners Conducts Shuttle Tanker Asset Swap

KNOT Offshore Partners LP subsidiary KNOT Shuttle Tanker AS is trading shuttle tanker assets with Knutsen NYK Offshore Tankers AS, the company said Feb. 27.

March 2, 2025

E&P Highlights: Feb. 24, 2025

Here’s a roundup of the latest E&P headlines, from a sale of assets in the Gulf of Mexico to new production in the Bohai Sea.

February 24, 2025

Petrobras Signs on for 15 Years of LNG from Centrica

Petróleo Brasileiro SA has signed a 15-year purchase and sale agreement with British global natural gas supplier Centrica.

February 20, 2025

Report: US Tariffs Could Lead to Higher Onshore Wind Costs

Trump’s move to impose tariffs on allies and political adversaries alike comes in an effort to protect U.S. national security interest and leverage America’s economic position.

February 11, 2025

Petro-Victory Buys Oil Fields in Brazil’s Potiguar Basin

Petro-Victory Energy is growing its footprint in Brazil’s onshore Potiguar Basin with 13 new blocks, the company said Feb. 10.

February 10, 2025

Halliburton Secures Drilling Contract from Petrobras Offshore Brazil

Halliburton Co. said the contract expands its drilling services footprint in the presalt and post-salt areas for both development and exploration wells.

January 30, 2025

E&P Highlights: Jan. 27, 2025

Here’s a roundup of the latest E&P headlines including new drilling in the eastern Mediterranean and new contracts in Australia.

January 27, 2025