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20 Jan 26 |
Brazil: Petrobras surpasses 2025 production targets Petrobras reports that, in 2025, its oil production reached 2.40 million barrels of oil per day, exceeding by 0.5 percentage points the upper limit of the target (+4%) established in its 2025-2029 Business Plan. This result represents an 11% growth compared to 2024 production. |
20 Jan 26 |
Australia: Wood secures two-year contract extension worth up to $65 million with Woodside for North West Shelf asset upgrades Wood has secured a two-year contract extension worth up to US$65 million (AUD$100 million) with Woodside to continue delivering brownfield engineering, procurement and construction management (EPCM) services across offshore assets at the North West Shelf (NWS) Project in Western Australia. |
19 Jan 26 |
Samos Energy Group to acquire the Suksan Salamander FSO from Altera Infrastructure Samos Energy, the global energy investor, is pleased to announce the execution of a Ship Sale Agreement for the acquisition of the Suksan Salamander Floating Storage and Offloading (FSO) unit from Altera Infrastructure Group (“Altera'). The Suksan Salamander FSO is currently deployed on the Bualuang oil field offshore Thailand, operated by Medco Energi Thailand. |
18 Jan 26 |
GoM: Beacon Offshore Energy commences oil and natural gas production from the Zephyrus field Beacon Offshore Energy has commenced oil and natural gas production from the Zephyrus field. Production from the initial well in the field commenced in late December 2025. The Miocene aged development is located in Mississippi Canyon Block 759, approx. 130 miles southeast of New Orleans, LA, in water depths ranging from 3,100 to 3,600 feet. |
18 Jan 26 |
Mozambique: Eni announces the hull launch of the Coral North FLNG Eni and its partners, China National Petroleum Corporation (CNPC), ENH, KOGAS and XRG have announced today in Geoje, South Korea, the hull launch of the Coral North FLNG, fully in line with the project schedule. Coral North will be the second state-of-the-art floating LNG facility to be deployed in the Rovuma Basin waters, offshore Cabo Delgado, north of Mozambique, and will bring to production the gas from the northern part of Coral gas reservoir. |
