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04 Dec 25 |
Brazil: Shell grows interest in Atapu and Mero units offshore Brazil Shell, has secured additional equity in Brazil’s pre-salt oil projects following an auction led by Pré-Sal Petróleo. Together with Petrobras, Shell Brasil deepened its stake in Atapu and Mero units located in the offshore Santos Basin. The increased working interest is expected to take effect from 2027. |
04 Dec 25 |
US: TGS completes 13-basin reservoir characterization across 48,000+ wells and delivers 3,700+ maps powering exploration and carbon storage insights TGS has completed a multi-year reservoir characterization project across 13 U.S. basins, providing formation-level petrophysical interpretations to model reservoir performance and assess CO2 storage feasibility. |
04 Dec 25 |
US: Crescent Energy provides update on successful non-core divestiture program with over $900 million signed year to date Crescent Energy Company has announced the sale of its non-operated DJ Basin assets to a private buyer for $90 million in cash, subject to customary post-closing purchase price adjustments. The assets, primarily located in Weld County, Colorado, have current production of approximately 7 Mboe/d (~20% oil). |
03 Dec 25 |
Brazil: Acteon inks three-year Petrobras contract for enhanced mooring asset integrity Intermoor, Acteon’s Moorings and Anchors business line, has been awarded a three-year contract by Petrobras. Intermoor will deliver comprehensive quality assurance and traceability services across Petrobras’ extensive inventory of critical mooring components. |
02 Dec 25 |
Brazil: Petrobras advances in expanding the capacity of RNEST Petrobras celebrates, in Ipojuca (PE), the expansion of the processing capacity of the Abreu e Lima Refinery (RNEST), with the construction of the second set of units (train 2). |
02 Dec 25 |
Trinidad: Wood awarded brownfield EPC scope at bpTT’s Ginger gas development project Wood’s joint venture company, Massy Wood, has been awarded the engineering, procurement, construction (EPC) and commissioning contract associated with the topsides brownfield development of bp Trinidad and Tobago’s (bpTT) Juniper platform, as part of the Ginger development located off the coast of Trinidad. |
