
Shell and Chevron strike South Deepwater Tano deal in Ghana
Shell and Chevron have struck a deal linked to exploration and production rights over Ghana’s offshore South Deepwater Tano Block.

Shell and Chevron have struck a deal linked to exploration and production rights over Ghana’s offshore South Deepwater Tano Block.

Seatrium is preparing the P-80 and P-82 FPSOs to sail for Brazil’s Búzios field, where the two units will provide a combined oil production capacity of 450,000 bopd.

Solstad Maritime has announced a two-year Petrobras contract for Normand Valiant in Brazil, with a gross value of approximately $62 million and commencement planned for Q4 2026.

The Tupi asset in Brazil’s pre-salt Santos Basin has reached cumulative production of 4 billion boe, the first Petrobras asset to reach that volume in its 73-year history.

Petrobras has confirmed a gas discovery at the Sandia-1 exploration well, located 42 km offshore Colombia in a water depth of 1,251 m. The detected gas intervals are under evaluation.

DOF Group ASA has extended Petrobras contracts for the PLSVs Skandi Buzios and Skandi Recife in Brazil, keeping both vessels under contract through January 2028.

Noble reported a $37 million net loss for the second quarter of 2026 after suspensions involving two Petrobras-contracted rigs in Brazil reduced revenue and utilisation.

Petrobras has completed the acquisition of a 75% stake and assumed operatorship of Block 3 offshore São Tomé and Príncipe. Oranto holds 15%, while the national petroleum agency holds 10%.

Petrobras plans to invest about $2.32 billion to build 42 vessels at Santa Catarina shipyards, including PSVs, OSRVs, RSVs and pushboats under its Mar Aberto Program.
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