Exploration & Development

Photo from PCR Ecuador.
PCR operations in Ecuador.
Discoveries

PCR discovers oil in Amazon region of Ecuador

May 6, 2024
Argentina’s Petrochemical Comodoro Rivadavia SA, through subsidiary PCR Ecuador, discovered oil in a petroleum block 90-Sahino in southwest Ecuador and will carry out extended...
Exploration & Development

ExxonMobil lets subsea contract to TechnipFMC for newest development offshore Guyana

April 15, 2024
ExxonMobil Guyana Ltd. has let a subsea production systems contract to TechnipFMC for the operator’s recently sanctioned Whiptail project in the Stabroek block offshore Guyana...
Discoveries

Valeura Energy discovers hydrocarbons offshore Thailand

April 15, 2024
Valeura Energy Inc. made three oil discoveries in the Gulf of Thailand.
Exploration & Development

Talos Energy lets subsea contract for Sunspear GOM tieback

April 12, 2024
Talos Energy Inc. has let a contract to Subsea 7 SA for the Sunspear development in Green Canyon Block 78 in the Gulf of Mexico.
Exploration & Development

ExxonMobil makes FID for Whiptail development offshore Guyana

April 12, 2024
ExxonMobil has made a final investment decision for the Whiptail development about 200 km offshore Guyana.
Map from Petrobras.
Petrobras operations offshore Brazil.
Discoveries

Petrobras discovers oil in ultradeep Potiguar basin exploration

April 11, 2024
Petróleo Brasileiro SA (Petrobras) discovered an oil accumulation in Potiguar basin about 190 km from Fortaleza and 250 km from Natal in 2,196 m of water in the Brazilian Equatorial...