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12 Mar 26 |
Oceanica Engenharia enters into new long-term contracts with Petrobras, with a total value of approx. US$ 736 million Oceanica Engenharia reports that, between December 2025 and February 2026, it entered into new long-term contracts with Petrobras, with a total value of approx. US$ 736 million (R$ 4.2 billion). With these new contracts, the Company’s backlog increases to approx. R$ 12 billion, reinforcing Oceanica’s position in the Brazilian offshore services market. |
11 Mar 26 |
US: Interior holds Second Lease Sale in the Gulf of America under One Big Beautiful Bill Act advancing American Energy dominance The Department of the Interior has announced the Bureau of Ocean Energy Lease Sale Big Beautiful Gulf 2, or BBG2, generated $46,976,423 in high bids. The sale, the second non-discretionary offshore oil and gas lease sale required under President Trump’s 'One Big Beautiful Bill Act' in the Gulf of America, included 25 blocks covering approximately 141,000 acres in federal waters of the Gulf of America. Thirteen companies submitted 38 bids totaling $69,838,782. |
11 Mar 26 |
Brazil: TotalEnergies announces the start-up of the Lapa South-West project, located in the Santos Basin, offshore Brazil TotalEnergies (48%, operator) has announced the start-up of the Lapa South-West project, located in the Santos Basin, approx. 300 kms offshore Brazil. The Lapa South-West project, including three wells connected to the existing Lapa floating production, storage, and offloading (FPSO) unit, will increase production from the Lapa field by 25,000 barrels per day. |
11 Mar 26 |
US: BOEM releases 2026 National Assessment of Undiscovered Oil and Gas Resources on the U.S. Outer Continental Shelf The Bureau of Ocean Energy Management has released the 2026 National Assessment of Undiscovered Oil and Gas Resources, an estimate of the undiscovered, technically and economically recoverable oil and natural gas resources outside of known oil and gas fields on the U.S. Outer Continental Shelf. |
10 Mar 26 |
US: EIA releases latest Short-Term Energy Outlook amid Middle East conflict EIA releases latest Short-Term Energy Outlook amid Middle East conflict. The full March 2026 Short-Term Energy Outlook is available on the EIA website. |
10 Mar 26 |
Colombia: GeoPark announces decision not to raise offer for Frontera Energy’s Colombian E&P assets GeoPark, a leading independent energy company with over 20 years of successful operations across Latin America, has announced that it has declined to raise its offer for Frontera Energy’s Colombian E&P assets. |
09 Mar 26 |
GoM: Woodside launches Trion drilling campaign Woodside Energy, in partnership with Petróleos Mexicanos (PEMEX), has commenced the drilling campaign at the Trion Field, located in ultra-deep waters of the Gulf of Mexico. The drilling campaign includes the execution of 24 subsea wells which will be connected to a floating production unit (FPU) named Tláloc, with a nameplate capacity of approx. 100,000 barrels per day. |
