Ocean Energy Resources

GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES

Interest restore in Tartaruga Verde field and Module III of Espadarte field

General – Acquisition

Petrobras announces that it signed contracts with Petronas Petróleo Brasil for the acquisition of 50% interests in the Tartaruga Verde and Espadarte – Module III fields.

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Valaris enters strategic collaboration agreement

Fossil Energy – Suriname

Valaris today announced that its wholly owned subsidiary, Ensco UK Drilling, has entered into a Strategic Collaboration Agreement with PETRONAS Suriname and Halliburton to support the development of PETRONAS Suriname’s offshore assets.

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OSE secures FPSO Sepat Project from PETRONAS

Fossil Energy – FPSO

OceanSTAR Elite (OSE) has successfully entered into a long-term contract with PETRONAS Carigali for the Provision of Lease, Operation and Maintenance of a Floating Production Storage and Offloading (FPSO) unit.

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Papua New Guinea’s first deepwater exploration well

Fossil Energy – Papuan Basin

TotalEnergies and PETRONAS have joined forces to drill Mailu-1, Papua New Guinea’s first deepwater exploration well, marking a significant milestone for the Pacific region.

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Brava Energia to buy Petronas stake in Campos Basin Assets

Fossil Energy – Acquisition

Brazil’s Brava Energia has signed an agreement to acquire Petronas’ 50% equity interest in the Tartaruga Verde field and in Module III of the Espadarte field in the Campos Basin.

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Vantris secures offshore contracts from Petronas

Fossil Energy – Malaysia

Vantris Energy has secured contracts worth about RM1.4 billion from Petronas Carigali for offshore transportation and installation works under two upstream development projects in Malaysia.

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Petronas drills first of four wells Offshore Suriname

Fossil Energy – Drilling

Petronas has completed drilling of the Caiman-1 exploration well in Block 52 offshore Suriname, marking the first well in its four-well 2025–2026 drilling campaign in the block.

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