Kosmos Energy, Pontoenoe, Andy Inglis, Andrew Inglis, Tullow, John Christmann, Guyana oil and gas, Suriname, Exxon Mobil, Apache

The Guyana-Suriname Basin has an estimated resource potential of more than 13 billion barrels of oil, according to the U.S. Geological Survey.

The carbon capture and sequestration project focuses on Brazil’s Santos and Paraná basins.

Brazil oil and gas workers, oil jobs, offshore oil and gas, E&P

The E&P sector is among the areas expected to see a hiring boost with 44 offshore production systems scheduled to start operating in Brazil by 2030, a study shows.

The program aims to reduce capex and opex for production offshore in areas such as subsea systems, surface systems, processing and construction, starting with 39 R&D projects.

An RCP/Wintershall venture examines usefulness of multicomponent data.

Argentina oil and gas, Argentina offshore licensing round, Juan Jose Aranguren, Horacio Cuenca, Vaca Muerta, shale

The country’s offshore auction is risky but offers opportunities for major oil companies, analyst says.

Brazil presalt auction, Brazil oil and gas

The round raised roughly $829 million in signature bonuses and a commitment of $194.2 million in planned investments for exploratory work.

The promise of big discoveries offshore South America is set to continue for years to come.

Potiguar Basin, Brazil oil and gas

Some companies are showing interest in the Potiguar Basin as Petrobras looks to sell some onshore blocks in the basin.

Nelson Queiroz Tanure, PetroRio, Polvo Field, Brazil oil and gas, FPSO Polvo

The company is working to extend the life of the field, increase its recovery factor and avoid premature decommissioning.

OTC, Guyana oil and gas, Suriname oil and gas, ExxonMobil

The promise of big discoveries offshore South America set to continue for years to come.

Petrobras debt, Petrobras asset sales

Despite the amount of money generated by sales so far, the company’s current financial situation still worries investors.

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