Brazil’s Petrobras and Mexico’s Pemex have signed a cooperation agreement aimed at exploring opportunities across the oil and gas value chain, including deepwater exploration in the Gulf of Mexico. 

Baker Hughes has signed an agreement with geothermal developer Mantle Reach Power to deliver up to 500 megawatts of geothermal power capacity in North America. 

Malaysia’s Petronas has made another discovery offshore Suriname in Block 52, according to an announcement by Suriname President Her Excellency, Jennifer Geerlings-Simons during the opening ceremony of the Suriname Energy, Oil and Gas Summit (SEOGS) in Paramaribo. Speaking in her keynote address, President Simons said Petronas had informed her earlier that morning of the new discovery in the block. Few details were shared about the find, including whether it is oil or gas. 

The Energy Chamber of Trinidad and Tobago and the Suriname Energy Chamber have signed a Memorandum of Understanding (MOU) on the sidelines of the Suriname Energy, Oil and Gas Summit (SEOGS) 2026. This signing represents a significant step forward in private-sector collaboration between the two nations.